Review of Network Characteristics in Family Business Internationalization

Abstract

Internationalization of family business is vital issue in global business economy. The purpose of this study was to investigate whether each level in international networking (network extension, network penetration, network integration, network ties) matters in the internationalization of Family business. The study adopted a literature review to analyse the role all the levels of international networking. The findings revealed that network extension and network integration do matter in Family Business internationalization, while network penetration does not. Family business in developing countries need to concentrate on network extension and network integration levels to successfully internationalize their operations. In addition, suggestions for family business researchers and global policy makers interested in family business internationalisation strategies in transition economies are discussed.