Scholarlink

<p>This study examines how family and non-family firms differ in early internationalization and the implications for post-entry international performance. Drawing on the <b>socioemotional wealth (SEW)</b> and the <b>learning advantage of newness (LAN)</b> perspectives, we develop theoretical arguments and document empirical patterns regarding differences in early internationalization decisions and post-entry international performance between family and non-family firms. We also take into account the role of non-family managers. Using survey data from 317 firms in China and Brazil, we find that family firms are less likely to internationalize early, consistent with SEW preservation motives. However, when they do internationalize early, they outperform non-family firms in post-entry international performance, in line with LAN-based explanations. Moreover, equity ownership by non-family managers mitigates the negative effect of family firms on early internationalization and amplifies its performance benefits. These findings advance international entrepreneurship research by clarifying how ownership structures involving family owners and non-family managers influence early internationalization behavior and outcomes.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Early Internationalization in Family and Non-family Firms: Performance Implications and the Role of Non-family Managers

  • 期刊论文

  • 发表日期：

    2026年5月7日

查看全文
  • Runqian Richard Liu,
  • Wensong Bai,
  • Martin Johanson,
  • Lianxi Zhou

摘要

This study examines how family and non-family firms differ in early internationalization and the implications for post-entry international performance. Drawing on the socioemotional wealth (SEW) and the learning advantage of newness (LAN) perspectives, we develop theoretical arguments and document empirical patterns regarding differences in early internationalization decisions and post-entry international performance between family and non-family firms. We also take into account the role of non-family managers. Using survey data from 317 firms in China and Brazil, we find that family firms are less likely to internationalize early, consistent with SEW preservation motives. However, when they do internationalize early, they outperform non-family firms in post-entry international performance, in line with LAN-based explanations. Moreover, equity ownership by non-family managers mitigates the negative effect of family firms on early internationalization and amplifies its performance benefits. These findings advance international entrepreneurship research by clarifying how ownership structures involving family owners and non-family managers influence early internationalization behavior and outcomes.