Exploring the Role of Ownership in International Entrepreneurship: How does Ownership Affect Internationalisation of Polish Firms?

Wach, Krzysztof

doi:10.15678/eber.2017.050410

Cited by 19 publications

(31 citation statements)

References 59 publications

(61 reference statements)

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“…In regard to the examination of differences in internationalisation factors between family and non-family high-tech firms, I believe that further research should address family firms from the perspective of international entrepreneurship. International entrepreneurship literature calls some family firms born-again globals, who represent various patterns of internationalisation, so the role of the family in international entrepreneurship is not sufficiently recognized and requires further research (Wach, 2017).…”

Section: Discussionmentioning

confidence: 99%

“…The majority of Polish researchers argue that family firms are less internationalised than other firms. However, some show that family firms listed on the stock exchange are more internationalised (Wach & Wojciechowski, 2014;Wach, 2017). Daszkiewicz and Wach (2014) investigate 216 Polish firms, including 88 family businesses, to highlight that family firms in their expansion into foreign markets are mainly market seekers.…”

Section: Literature Reviewmentioning

confidence: 99%

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Internationalisation Patterns of Polish Family High-Tech Firms

Daszkiewicz¹

2019

EBER

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The objective of the article is to explore internationalisation patterns of family high-tech firms, especially their internationalisation motives, intensity, speed, and entry modes. Research Design & Methods: The empirical part adopts a quantitative approach. The results of the survey are presented on the sample of 263 high-tech production firms from Poland, including 101 family firms. The survey was conducted in all 16 Polish regions. The calculations from obtained survey results were made using Statistica PL 10. Findings: The research results show that the intensity of internationalisation of family firms is lower than that of non-family enterprises and that family businesses are less likely to internationalise early than in the case of non-family enterprises. On the other hand, the study found no differences between family and non-family businesses in their entry modes choice and internationalisation motives. Implications & Recommendations: Familiness is one of the key factors that explain the internationalisation of firms. However, various research findings still differ on how international behaviour of family firms may be different than in the case of nonfamily firms. Thus, the impact of familiness on internationalisation patterns requires further, deeper investigations. Contribution & Value Added: The main contribution of this article is that it investigates Polish family firms, which are relatively young in comparison to the Western European ones. Moreover, the Polish firms belong to high-tech industries that often behave differently in the foreign markets than firms from traditional branches. The study indicates that familiness is an important aspect relevant in explaining the internationalisation patterns of firms. Article type: research article

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Section: Discussionmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Internationalisation Patterns of Polish Family High-Tech Firms

Daszkiewicz¹

2019

EBER

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“…These results are in accordance with Alon and Higgins (2005) who consider that successful international companies are proactive and can respond to particular foreign environments. According to Wach (2017), 'the role of the family in international entrepreneurship seems to be still unexplored and needs further detailed research studies'. That is why, this study focuses on an important yet under-researched topic, the internationalization nature of Polish family owned businesses.…”

Section: Discussionmentioning

confidence: 99%

“…Special features of the family-owned business result in a desire to maintain the control over the company in family's hands (family ownership structure), an aversion to take an excessive risk and a long time perspective, whose activities can determine both benefits and threats of the external expansion taken. Ownership plays a special role in international business, and it can be a factor stimulating the internationalization of firms (Wach, 2017). In family businesses the family ownership plays a crucial role.…”

Section: Introductionmentioning

confidence: 99%

Family Entrepreneurship Orientation in Family Owned SMEs: A Key Resource for Internationalization?

Hadryś-Nowak¹

2018

EBER

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“…Polish family firms participate in dynamic changes taking place on the market and have to face new challenges affecting their functioning and the shape of their strategy. In the aspect of progressing globalisation processes, strategic orientation directed at taking innovative actions that will enable the company to adapt to the requirements of the market economy, European integration and internationalisation are important (Wach, 2017;Rogalska, 2018;Ivanová, 2017;Korcsmáros & Šimova, 2018). At the same time, they are also subject to processes of changes resulting from their family nature connected, for example, with the processes of succession.…”

Section: Introductionmentioning

confidence: 99%