School of Economics and Management, Guangxi Normal University, Guilin, 541006, China
The relationship between intergenerational inheritance and performance of international family firms is an emerging and important research topic. According to the economic and institutional environment of the destination of intergenerational transmission, we divide intergenerational transmission into expansion to emerging economies and expansion to developed economies. On this basis, according to the advantage utilization and exploration logic of enterprise internationalization, the expansion to emerging economies or developed economies will bring outstanding international performance to international family enterprises, but the rapid expansion to developed economies will bring better international performance to these enterprises. Based on the framework of resource choreography, resource synchronization will help these enterprises to achieve superior international performance from intergenerational inheritance, but it will help family enterprises expanding into developed economies to achieve better international performance.
international family firms; international performance; intergenerational inheritance; Resource Synchronization
Chengming Chen. Intergenerational inheritance and international performance of international family firms. Academic Journal of Business & Management (2023) Vol. 5, Issue 3: 164-168. https://doi.org/10.25236/AJBM.2023.050325.
 Hsieh L., Child J., Marinova, S. (2019). A Multidimensional Perspective of SME Internationalization Speed: The Influence of Entrepreneurial Characteristics. International Business Review, (28), 268~283.
 Knight G.A. (2004). Organizational Capabilities and the Born-Global Firm. International Business Studies, (35), 124~141.
 Casillas J.C. (2013).Speed in the Internationalization Process of the Firm. International Journal of Management Reviews, (15), 15~29.
 Hilmersson M. (2014).Small and Medium-sized Enterprise Internationalization Strategy and Performance in Times of Market Turbulence.International Small Business Journal,(32),386~400.
 Zahra S. A., Ireland, R.D. and Hitt, M.A. (2000).International Expansion by New Venture Firms: International Diversity, Mode of Market Entry, Technological Learning, and Performance. Academy of Management Journal,(43),925~950.
 Yamakawa Y., Khavul S., Peng, M.W. and Deeds, D.L. (2013).Venturing from Emerging Economies. Strategic Entrepreneurship Journal,(7),181~196.
 Kenny D. A. (1979). Correlation and Causality. New York: Wiley-Interscience,.
 Khanna T.(1997). Why Focused Strategies may be Wrong for Emerging Markets.Harvard Business Review, (75), 41~54.
 Khavul S. (2010).Organizational Entrainment and International New Ventures from Emerging Markets. Journal of Business Venturing,(25), 104~119.
 Kim H., Wu J., Schuler, D. A.(2020).Chinese Multinationals’ Fast Internationalization: Financial Performance Advantage in One Region, Disadvantage in Another.Journal of International Business Studies,(51),1076~1106.
 Kiss A.N., Danis W.M. (2012). International Entrepreneurship Research in Emerging Economies: A Critical Review and Research Agenda. Journal of Business Venturing,(27), 266~290.
 Knight G.A. (2004). Innovation, Organizational Capabilities, and the Born-Global Firm.Journal of International Business Studies, (35)124~141.
 Knight G.A. (2005). A Taxonomy of Born-global Firms.Management International Review, (45), 15~35.