INNOVATION AND INTERNATIONALISATION IN THE FAMILY BUSINESS LITERATURE

jose francisco tragant espeche

Abstract


ABSTRACT Purpose. The purpose of this article is to determine the current state of knowledge regarding the innovation and internationalisation of Family Businesses (FBs).Design/methodology/approach. This review article presents an analysis of the existing literature on the relationship between innovation and internationalisation of FBs. For the research, a systematic review consisting of three stages was conducted (Transfield, Denyer and Smart 2003): 1) planning the review; 2) conducting the review; and 3) reporting and dissemination. As a result, 23 journal articles on FB innovation and internationalisation published between 2009 and 2015 on top international journals were analysed. Findings. This study shows that there is a notable capacity for innovation, not only in terms of technology but also for management and organisation, that supports the growth of the FBs. The results show that most of the 15 analysed  authors discussed the different factors influencing FBs internationalisation and the second most relevant subject was managerial issues. Additionally, this review suggests that there is a positive effect of family ownership and group affiliation on Research and Development (R&D) intensity, therefore family management positively moderates the relation between internationalisation and performance/innovation.Originality/Value. This paper updates the current state of thinking on the topic, and also reveals an interesting fact: despite the existence of some research on the effect of innovation on internationalisation of family firms, there is no study on the moderate effect of family firms on this relation.

 KEYWORDS

Internationalisation – Family Firms – Innovation – Ownership - Literature Review

 ARTICLE CLASSIFICATION

Literature review



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References


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