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Article
The Global Family Business: Challenges and Drivers for Cross-Border Growth
Faculty Articles
  • Vijay K. Patel, Kennesaw State University
  • Torsten M. Pieper, Kennesaw State University
  • Joseph F. Hair, Jr., Kennesaw State University
Department
Management and Entrepreneurship
Document Type
Article
Publication Date
5-1-2012
Abstract

Globalization has become an imperative and is no longer avoidable as a strategic choice for family businesses. However, globalization strategies are far from the norm among small and medium-sized family enterprises. This article reviews the main drivers for globalization, highlights the distinct characteristics of family businesses that may enhance or constrain their global expansion, and provides a framework for strategically evaluating business capabilities and global market opportunities.

Citation Information
Patel, Vijay K., Torsten M. Pieper, and Joseph F. Hair. "The Global Family Business: Challenges and Drivers for Cross-Border Growth." Business Horizons 55.3 (2012): 231-9. Print.