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Internationalization of Family Businesses

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Entrepreneurial Family Businesses

Part of the book series: Springer Texts in Business and Economics ((STBE))

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Abstract

This chapter covers the challenges that entrepreneurial family businesses will encounter after the discovery of opportunities outside its domestic market. The global markets offer an array of business and trade opportunities regardless of the family business type. After reading the chapter, students will learn about the motivations and challenges for family firms willing to expand to the international area; the needs of family businesses to understand how to expand and to which foreign markets; the different entry modes for international expansion; the strategies to adopt; and the involvement of the family to support the expansion.

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Author information

Authors and Affiliations

  1. Faculty of Business and Economics, South East European University, Tetovo, North Macedonia

    Veland Ramadani

  2. Bryan School of Business and Economics, University of North Carolina at Greensboro, Greensboro, NC, USA

    Esra Memili

  3. Faculty of Business and Administration, International University of Sarajevo, Sarajevo, Bosnia and Herzegovina

    Ramo Palalić

  4. Neil Griffin College of Business, Arkansas State University, State University, Arkansas, USA

    Erick P. C. Chang

Authors
  1. Veland Ramadani
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  2. Esra Memili
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  3. Ramo Palalić
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  4. Erick P. C. Chang
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Ramadani, V., Memili, E., Palalić, R., Chang, E.P.C. (2020). Internationalization of Family Businesses. In: Entrepreneurial Family Businesses. Springer Texts in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-47778-3_9

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