Publication
Apr 2012
This paper studies the determinants of the export activity of family SMEs, disentangling the three main dimensions that comprise the concept of familiness: power, experience, and culture. The results, using the F-PEC scale over a sample of 500 Spanish SMEs, show that this approach identifies the determinants that explain the export activity of family SMEs better than a simple dichotomous approach. Specifically, we find that the expertise transmitted from different generations and the family culture orientation to the firm positively affect the international activities of family SMEs; however, the composition of the firm control–management does not have any significant influence on internationalization.
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English (PDF, 35 pages, 316 KB) |
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Author | Fernando Merinoa, Joaquín Monreal-Pérezb, Gregorio Sánchez-Marínc |
Series | Kiel Institute Working Papers |
Issue | 1770 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2012 Kiel Institute for the World Economy |