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    Rights statement: The final, definitive version of this article has been published in the Journal, Entrepreneurship Theory and Practice, 47 (4), 2023, © SAGE Publications Ltd, 2022 by SAGE Publications Ltd at theEntrepreneurship Theory and Practice page: https://journals.sagepub.com/home/etpb on SAGE Journals Online: http://journals.sagepub.com/

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Outcome-based imitation in family firms’ international market entry decisions

Research output: Contribution to Journal/Magazine › Journal article › peer-review

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Outcome-based imitation in family firms’ international market entry decisions. / Mazzelli, Ambra; Miller, D; Le Breton-Miller, I et al.
In: Entrepreneurship Theory and Practice, Vol. 47, No. 4, 01.07.2023, p. 1059-1092.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Mazzelli, A, Miller, D, Le Breton-Miller, I, De Massis, A & Kotlar, J 2023, 'Outcome-based imitation in family firms’ international market entry decisions', Entrepreneurship Theory and Practice, vol. 47, no. 4, pp. 1059-1092. https://doi.org/10.1177/10422587211058365

APA

Mazzelli, A., Miller, D., Le Breton-Miller, I., De Massis, A., & Kotlar, J. (2023). Outcome-based imitation in family firms’ international market entry decisions. Entrepreneurship Theory and Practice, 47(4), 1059-1092. https://doi.org/10.1177/10422587211058365

Vancouver

Mazzelli A, Miller D, Le Breton-Miller I, De Massis A, Kotlar J. Outcome-based imitation in family firms’ international market entry decisions. Entrepreneurship Theory and Practice. 2023 Jul 1;47(4):1059-1092. Epub 2022 Feb 11. doi: 10.1177/10422587211058365

Author

Mazzelli, Ambra ; Miller, D ; Le Breton-Miller, I et al. / Outcome-based imitation in family firms’ international market entry decisions. In: Entrepreneurship Theory and Practice. 2023 ; Vol. 47, No. 4. pp. 1059-1092.

Bibtex

@article{c17530d961b144149bbcbe95ad43fb11,
title = "Outcome-based imitation in family firms{\textquoteright} international market entry decisions",
abstract = "This study examines the effects of family involvement on international market entry. Bridging theories of interorganizational imitation with the notion of socioemotional wealth protection, we argue that family-managed firms are more likely to act as “intuitive statisticians,” using the internationalization outcomes of industry peers to determine when to internationalize. An event history analysis of 2427 manufacturing firms supports this position. Family-managed firms{\textquoteright} likelihood to internationalize increases as prior entrants{\textquoteright} performance mean and variance increase. Ultimately, our study demonstrates that this imitation strategy enables family-managed firms to reduce risk and endure longer in broached international markets.",
keywords = "family firms, international market entry and survival, imitation,, socioemotional wealth, uncertainty",
author = "Ambra Mazzelli and D Miller and {Le Breton-Miller}, I and {De Massis}, Alfredo and Josip Kotlar",
note = "The final, definitive version of this article has been published in the Journal, Entrepreneurship Theory and Practice, 47 (4), 2023, {\textcopyright} SAGE Publications Ltd, 2022 by SAGE Publications Ltd at theEntrepreneurship Theory and Practice page: https://journals.sagepub.com/home/etpb on SAGE Journals Online: http://journals.sagepub.com/ ",
year = "2023",
month = jul,
day = "1",
doi = "10.1177/10422587211058365",
language = "English",
volume = "47",
pages = "1059--1092",
journal = "Entrepreneurship Theory and Practice",
issn = "1042-2587",
publisher = "Wiley-Blackwell",
number = "4",

}

RIS

TY - JOUR

T1 - Outcome-based imitation in family firms’ international market entry decisions

AU - Mazzelli, Ambra

AU - Miller, D

AU - Le Breton-Miller, I

AU - De Massis, Alfredo

AU - Kotlar, Josip

N1 - The final, definitive version of this article has been published in the Journal, Entrepreneurship Theory and Practice, 47 (4), 2023, © SAGE Publications Ltd, 2022 by SAGE Publications Ltd at theEntrepreneurship Theory and Practice page: https://journals.sagepub.com/home/etpb on SAGE Journals Online: http://journals.sagepub.com/

PY - 2023/7/1

Y1 - 2023/7/1

N2 - This study examines the effects of family involvement on international market entry. Bridging theories of interorganizational imitation with the notion of socioemotional wealth protection, we argue that family-managed firms are more likely to act as “intuitive statisticians,” using the internationalization outcomes of industry peers to determine when to internationalize. An event history analysis of 2427 manufacturing firms supports this position. Family-managed firms’ likelihood to internationalize increases as prior entrants’ performance mean and variance increase. Ultimately, our study demonstrates that this imitation strategy enables family-managed firms to reduce risk and endure longer in broached international markets.

AB - This study examines the effects of family involvement on international market entry. Bridging theories of interorganizational imitation with the notion of socioemotional wealth protection, we argue that family-managed firms are more likely to act as “intuitive statisticians,” using the internationalization outcomes of industry peers to determine when to internationalize. An event history analysis of 2427 manufacturing firms supports this position. Family-managed firms’ likelihood to internationalize increases as prior entrants’ performance mean and variance increase. Ultimately, our study demonstrates that this imitation strategy enables family-managed firms to reduce risk and endure longer in broached international markets.

KW - family firms

KW - international market entry and survival

KW - imitation,

KW - socioemotional wealth

KW - uncertainty

U2 - 10.1177/10422587211058365

DO - 10.1177/10422587211058365

M3 - Journal article

VL - 47

SP - 1059

EP - 1092

JO - Entrepreneurship Theory and Practice

JF - Entrepreneurship Theory and Practice

SN - 1042-2587

IS - 4

ER -