Social networks and family firm internationalisation: cases from a transition economy

Kryeziu, Liridon; Taş, Ali; Krasniqi, Besnik A.

doi:10.1108/ribs-03-2021-0052

Cited by 22 publications

(22 citation statements)

References 79 publications

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“…The most apparent impact of weak contractual enforcement is firm exporting performance (LiPuma et al, 2013;Ngo et al, 2016). Some firms, although maybe prone to weak contractual enforcement, rely on their experience created by the advantage of being exporting firm (Araujo et al, 2016), firm size (LiPuma et al, 2013) and trust-building with firm networks (Kryeziu et al, 2022).…”

Section: Contractual Enforcementmentioning

confidence: 99%

“…, 2016), firm size (LiPuma et al. , 2013) and trust-building with firm networks (Kryeziu et al. , 2022).…”

Section: Deficient Economic Institutions and Firms’ Strategic Responsesmentioning

confidence: 99%

“…In transitional economies, institutions are weakly installed or even deficient due to the lack of clear rules of the game and the ability of the governmental bodies to enforce such rules (Krasniqi and Desai, 2017;Puffer et al, 2010;Ahlstron and Bruton, 2010). Although many empirical studies examine various aspects of family firms, little is known about their interactions with macro institutions (Kryeziu and Cos ¸kun, 2018;Cos ¸kun et al, 2022). The lack of evidence about the impact of institutions on family firm performance and how internationalised family firms cope with deficient institutions in transition economies is imminent (De Massis et al, 2018a;Banaileva et al, 2015;Luo and Chung, 2013).…”

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confidence: 99%

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Institutions and competition: does internationalisation provide advantages for the family firms in a transition economy?

Taş

Kryeziu²,

Krasniqi³

2022

JEPP

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PurposeKosovo has experienced a radical shift from a centrally planned economy to a market economy and built institutions from scratch. During the institutional building process, due to inconsistencies in institutional reforms, firms faced several challenges in competing in the domestic market and engaging in exporting activities. The purpose of the study is threefold. First, to examine how institutional settings influence family firms’ success; second, how and which types of strategic behaviours family firms pursue in response to institutional deficiencies and third, whether and how internationalisation helps the firms overcome the difficulties resulting from deficiencies of the institutions.Design/methodology/approachThis study employs a qualitative document analysis technique using secondary and primary data to examine the impact of institutional settings on firm internationalisation and related firm reactions.FindingsFindings suggest that fiscal policy, weak protection of property rights and contractual enforcement negatively influenced family firms because of unfair competition, unpredictable business environment and additional costs due to deficient institutions. The authors found that internationalisation provided benefits for the firms in handling the problems posed by the institutions. The firms focused on three main strategies to respond to weak institutions: improving product quality, diversifying and differentiating products and setting competitive prices.Originality/valueThis study contributes to the literature and explains how and which economic institutions influence firm internationalisation and how engagement in international business activities provides an advantage in responding to deficient institutions in the home country.

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Section: Contractual Enforcementmentioning

confidence: 99%

“…, 2016), firm size (LiPuma et al. , 2013) and trust-building with firm networks (Kryeziu et al. , 2022).…”

Section: Deficient Economic Institutions and Firms’ Strategic Responsesmentioning

confidence: 99%

mentioning

confidence: 99%

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Institutions and competition: does internationalisation provide advantages for the family firms in a transition economy?

Taş

Kryeziu²,

Krasniqi³

2022

JEPP

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“…A research paper by Kryeziu et al (2021) explores how social networks can affect the internationalization efforts of family firms. Two research questions were examined.…”

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confidence: 99%

Strategies for family firms expanding into international markets

2021

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Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings This case study-led research paper examines the ability of Kosovan family firms to build value through international social networks, when seeking to expand into selling products in new international markets. This internationalization was achieved in incremental steps as the family firms continued to learn and refine their strategies for each country. The family firms gravitated to long-term relationships with partners who committed to helping them enter new markets, sometimes at the cost of future innovation. The authors recommend that family firms seek out innovative distributors, while also actively nurturing their networks to keep themselves up-to-date with market developments. Originality/value The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

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“…Their importance has been identified in early studies on internationalisation (Eriksson et al, 1997;Johanson & Mattsson, 1988) and research on their role and influence has been developing (Almeida & Santos, 2022;Autio et al, 2010;Dau, 2015;De Correia et al, 2019;Freeman et al, 2010;Idris & Saridakis, 2018;Kryeziu et al, 2022;Rosenbaum, 2017). From a hotel chain perspective, De Correia et al (2019) argue that networks are crucial in the first steps during internationalisation.…”

Section: Research Gap and Research Questionsmentioning

confidence: 99%

Learning and knowledge management mechanisms during internationalisation: a hotel chain development perspective

Papaioannou¹

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Hotels chains are amongst the most internationalised service sectors. Knowledge management and learning are acknowledged as central to the process of internationalisation not only for the survival of an organisation, but also for the achievement of a competitive advantage. The aim of this thesis is to provide an understanding of how hotel chains learn and manage knowledge during the internationalisation process. The thesis investigates the mechanisms that hotel chains utilise to capture, store, transfer and re-use knowledge when expanding abroad. It also investigates the types of knowledge that are useful during this process and the role of networks in knowledge transfer. The study draws on critical realism and employs a multiple case study framework to collect data through in-depth semi-structured interviews with senior managers of hotel chain international development teams that were selected using a judgemental non random sampling technique. The resulting data are rich and provide deep insights into the structures and mechanisms that support learning and knowledge management for hotel chains, during internationalisation. The research findings bring together international business, organisational learning and knowledge management literature, providing an outline of the related learning and knowledge management processes involved during the international expansion of hotel chains. A conceptual model is developed, showing how learning mechanisms function and link together, the central role of the individual, and how knowledge is transferred between the headquarters of the hotel chain and the units abroad. The findings identify the types of knowledge that are useful to the internationalising hotel chain and show the importance of social capital and the knowledge that is stored within networks, personal relationships, and people.

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Social networks and family firm internationalisation: cases from a transition economy

Cited by 22 publications

References 79 publications

Institutions and competition: does internationalisation provide advantages for the family firms in a transition economy?

Institutions and competition: does internationalisation provide advantages for the family firms in a transition economy?

Strategies for family firms expanding into international markets

Learning and knowledge management mechanisms during internationalisation: a hotel chain development perspective

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