Family Firms and Institutional Contexts
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Family Firms and Institutional Contexts

Business Models, Innovation and Competitive Advantage

Edited by Giorgia M. D’Allura, Andrea Colli and Sanjay Goel

Featuring in-depth analysis of original research, this innovative book takes an interdisciplinary, cross-national approach to the study of family firms as institutions as well as the relationship between family firms and external institutions. It demonstrates the impact of these interactions both on the firms and institutions themselves and in the wider economic context, and provides important conceptual insights as well as ideas for future research agendas.
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Chapter 12: The relationship between innovation and internationalization in family firms: past research and future challenges

Mariasole Bannò, Giorgia Maria D’Allura, Celeste Amorim Varum and Sandro Trento

Abstract

Innovation is a key driver of firms’ international growth, which in turn positively influences innovation activities and then firms’ performance. Many authors have tried to identify and explain the relationship between innovation and internationalization at the firm level. To date, few empirical studies have investigated it at a regional level. Moreover, the literature has focused only on one direction of causality, while scant attention has been paid to empirically inspecting innovation and internationalization together. This chapter provides a review of the literature on the mutual connection of these two strategic choices, taking into account the potential role of family firms in disentangling such a relationship.

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