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Family Business Internationalization in Paradox: Effects of Socioemotional Wealth and Entrepreneurial Spirit
Frontiers in Psychology 12 (2021)
Abstract
This study investigates the internationalization of small family businesses by classifying the effects of external socioemotional wealth vs. internal socioemotional wealth. The study involved 2,704 small family businesses in China, and the results support the hypothesis that family reputation has a positive effect on internationalization, while family involvement has a negative effect on internationalization. Moreover, entrepreneurial spirit reinforces the positive effect of family reputation on internationalization and enhances the negative relationship between family involvement and internationalization. This study contributes by examining the effect of entrepreneurial spirit as a potential balancing factor for the paradoxical influence of internal vs. external socioemotional wealth.Author's Profile
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References found in this work
Government Intervention, Peers’ Giving and Corporate Philanthropy: Evidence from Chinese Private SMEs.Yongqiang Gao & Taïeb Hafsi - 2015 - Journal of Business Ethics 132 (2):433-447.
Entrepreneurship and Family Role: A Systematic Review of a Growing Research.Giuseppina Maria Cardella, Brizeida Raquel Hernández-Sánchez & José Carlos Sánchez García - 2020 - Frontiers in Psychology 10:482771.
A Comparison Analysis Between Pre-departure and Transitioned Expat-Preneurs.Vilmantė Kumpikaitė-Valiūnienė, Jurga Duobienė & Antonio Mihi-Ramirez - 2021 - Frontiers in Psychology 11.
Editorial: The Role of Psychological Capital in Entrepreneurial Contexts.Fu-Sheng Tsai, Karen M. Leonard & Shalini Srivastava - 2020 - Frontiers in Psychology 11.
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