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Family Firms (FFs) form the majority of all firms around the world
and they account for an enormous percentage of the employment, the
revenue, and the GDP of most capitalist countries. While MNCs have
long been thought of as the main contributors to international
business, it is now recognised that a substantial number of family
firms are active in the international arena. This handbook focuses
on the features which make family firm internationalization unique.
Chapters provide FF specific theories and cover the process of FF
internationalization. It examines the role of network ties and
provides an insight into the development of family firms that have
grown into big multinationals. Importantly this Handbook equips you
with a better understanding of specific features of family firms as
they internationalize from or to Asian or emerging markets. Family
firms offer a fruitful context to study internationalization
through a process perspective, therefore this Handbook is an
invaluable source of knowledge for students, scholars and policy
makers in the areas of family business, entrepreneurship and
internationalization.
Family Firms (FFs) form the majority of all firms around the world
and they account for an enormous percentage of the employment, the
revenue, and the GDP of most capitalist countries. While MNCs have
long been thought of as the main contributors to international
business, it is now recognised that a substantial number of family
firms are active in the international arena. This handbook focuses
on the features which make family firm internationalization unique.
Chapters provide FF specific theories and cover the process of FF
internationalization. It examines the role of network ties and
provides an insight into the development of family firms that have
grown into big multinationals. Importantly this Handbook equips you
with a better understanding of specific features of family firms as
they internationalize from or to Asian or emerging markets. Family
firms offer a fruitful context to study internationalization
through a process perspective, therefore this Handbook is an
invaluable source of knowledge for students, scholars and policy
makers in the areas of family business, entrepreneurship and
internationalization.
Today, far-reaching technological developments are making a deep
impact on societies and economic environments worldwide. New
digital platforms infrastructure (fintech, data analytics,
mobility, mobile business apps, nanotech, robotics, new space
economy, artificial intelligence, virtual reality,
cryptocurrencies, the internet of things, cloud computing and
blockchain) are drawing us inexorably into a new globalized digital
economy based on knowledge and mobility. In this context of
fast-paced change, new creative industries, still in a state of
flux, have arisen, while others have disappeared, at least in their
traditional form. Moreover, the intermixing of these new
technologies has led to a redrawing of boundaries and an increase
in their porosity thanks to the links that have developed between
the new and the traditional industries. This extends the limits of
entrepreneurship out towards new industries but also towards
industries with high barriers to entry due to regulatory,
technological or structural factors such as space, finance,
aeronautics, IT hardware and health industries. For a growing
number of people, these new technologies, considered as "external
enablers", lead to a democratization of entrepreneurship and a
lowering of the barriers to starting up a company by reducing (or
eliminating) the difficulties inherent in the entrepreneurial
phenomenon in its "classical" configuration, such as high resource
intensity, uncertainty, limited time or information asymmetry. This
new context, by offering new spaces for the creation,
identification and exploitation of business opportunities, clearly
extends the range of possibilities for a discipline such as
entrepreneurship. In addition, digitalization has helped to break
down the boundaries between the different phases of the
entrepreneurial process. Few studies in the discipline, however,
have examined the impact of these technological disruptions not
only using the existing paradigms, but also by re-examining our
very conception of the entrepreneurial phenomenon in terms of its
evolving nature and shifting contours. The aim of this handbook is
that can be used both by academics aiming to familiarize themselves
with the state of research and theory within topics and subtopics
in digital entrepreneurship, as well as practicing entrepreneurs
and managers aiming to familiarize themselves with leading edge
practices and insights in digital entrepreneurship.
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