Franchising as strategy for internationalization of Family Firms: an exploratory study

Authors

DOI:

https://doi.org/10.22451/3002.nbr2017.vol3.1.10007

Keywords:

Franchising, Family Firms, Internationalization, Latin America

Abstract

Family business is the most prevalent form of business thru out Latin America. Franchising has been a strategy used by many firms to expand domestically and internationally. Internationalization theories indicate that firms tend to expand to culturally close markets/countries. Family Business theories indicate that family firms have specific advantages in comparison with non-family firms. The purpose of this paper is to conduct a literature review about franchising family firms in Latin America to develop a theoretical model for their internationalization process using franchising.

Downloads

Download data is not yet available.

Author Biography

Alexander Rosado-Serrano, Universidad de Puerto Rico

Escuela Graduada de Administración de Empresas

References

Alon, I. (2010). Franchising Globally- Innovation, Learning and Imitation. New York: Palgrave Macmillan.

Alon, I. (2012). Global Franchising Operations Management- Cases in International and Emerging Markets Operations. Upper Saddle River: Pearson Education, Inc.

Alon, I., Ni, L., & Wang, Y. (2012). Examining the determinants of hotel chain expansion through international franchising. International Journal of Hospitality Management, Vol 31, 379-386.

Anderson, R., & Reeb, D. (2003). Founding Family Ownership and Firm Performance: Evidence from the S&P 500. Journal of Finance, 58(3), 1301-1328.

Ayup Gonzalez, J., Garza Ramos, M., & Banda Hernandez, S. (2008). La empresa familiar en el contexto de la ventaja competitiva. La franquicia como alternativa de crecimiento. VI Congreso Internacional de Análisis Organizacional- Perspectivas Multidisciplinarias, en análisis organizacional: Complejidad, Ambiguedad y Subjetividad. Tampico: Universidad Autónoma de Tamaulipas.

Baena, V., & Cerviño, J. (2011). Identifying the factors driving market selection in Latin America. An insight form the Spanish franchise industry. Procedia SOcial and Behavioral Sciences, 24, 340-350.

Becker, T. H. (2004). Doing Business in the New Latin America - A guide to Cultures, Practices and Opportunities. Wesport: Praeger Publishers.

Carneiro, J., Banderira, R., Cuervo, A., Gonzalez, M., & Olivas, M. (2015). Doing Research in Latin America. In W. Newburry, & M. (. Gonzalez-Perez, International BUsiness in Latin America: Innovation, Geography and Internationalization (pp. 11-46). New York: Palgrave Macmillan.

Carsrud, A., & Brannback, M. (2012). Chapter 1- Where Have We Been and Where We Should Be Going in Family Business Research. In A. Carsrud, & M. Brannback, Understanding Family Business- Undiscovered Approaches, Unique Perspectives, and Neglected Topics (pp. 1-7). New York: Springer.

Cavusgil, S., Knight, G., & Riesenberger, J. (2008). International Business: Strategy,Management, and the New Realities. Upper Saddle River: Pearson Prentice Hall.

Chien, S. (2014). Franchisor resources, spousal resources, entrepreneurial orientation, and performance in a couple-owned franchise outlet. Management Decisions. Vol 52(5), 916-933.

Chirico, F., Duane Ireland, R., & Sirmon, D. (2011). Franchising and the Family Firm: Creating Unique Sources of Advantae Through "Familiness". Entrepreneurship Theory and Practice, 483-501.

Creswell, J. (2003). Research design: qualitative, quantitative, and mixed methods approaches 2nd ed. Thousand Oaks: Sage Publications.

Czinkota, M., & Ronkainen, I. (2010). International Marketing 10e. Mason: South-Western Cengage Learning.

Czinkota, M., Ronkainen, I., & Donath, B. (2004). Mastering Global Markets- Strategies for Today's Trade Globalist. Mason: Thomson- South-Western.

D'Alllura, G., & Pisano, V. (2014). Family Firms and the choice of internationalization. IFERA 2014 Conference.

Dekker, J., Lybaert, N., Steijvers, T., Despaire, B., & Mercken, R. (2013). Family Firm Types Based on the Professionalization Construct: Exploratory Research. Family Business Review 26(1), 81-99.

Dicke, T. (1992). Franchising in America- The development of a Business Method, 1840-1980. Chapel Hill: The University of North Carolina Press.

Fuentes, G., Vallejo, M., & Cano, M. (2007). Peculiaridades de la Empresa Familiar en su Expansion Internacional. In J. Ayala Calvo, Conocimiento, innovacion y emprendedores: camino al futuro (pp. 1356-1372). Rioja: Investigación FEDRA( Family Enterprise Development Research Aplications).

Johansson, J. (2009). Global Marketing 5ed.- Foreign Entry, Local Marketing & Global Management. New York: McGraw-Hill Irwin.

Litz, R. (2013). Book Review: HIdden Champions of the 21st Century: Success Strategies of Unknown Market Leaders by Hermann Simon. Family Business Review 26(1), 100-103.

Memli, E., Welsh, D., & Kaciak, E. (2014). Organizational Psychological Capital of Firms Franchise Firms. Through the Lens of the Leader-Member Exchange Theory. Journal of Leadership & Organizational Studies, 21(2), 200-209.

Menipaz, E., & Menipaz, A. (2011). International Business - Theory and Practice. Thousand Oaks: Sage.

Navarro, A. (2012). Determinantes de la estrategia de expansión internacional de las empresas españolas. ESIC Market Economic and Business Journal, 43(3), 451-471.

O'Grady, S., & Lane, H. (1996). THe Psychic Distance Paradox. Journal of International Business Studies,27, 309-333.

Peng, M. (2006). Global Strategy. Mason: Thomson South-Western.

Peng, M. (2009). Global Business. Mason: South-Western Cengage Learning.

Poza, E. J. (2010). Family Business 3E. Mason: South Western- Cengage Learning.

Pukall, T., & Calabro, A. (2014). The Internationalization of Family Firms: A Critical Review and Integrative Model. Family Business Review Vol. 27(2), 103-125.

Santiso, J. (2013). The decade of the multilatinas. New York: Cambridge Press.

Solis, V., & González, M. (2008). La franquicia como solución a los problemas de expansión en el Mercado de las pymes españolas. Revista Internacional de la pequeña y mediana empresa , 1(1), 105-123.

Suder, G. (2012). Doing Business in Europe 2nd Edition. London: Sage Publications.

Tihanyi, L., Griffith, D., & Russell, C. (2005). The Effect of Cultural Distance on Entry Mode Choice, International Diversification, and MNE Performance: A Meta-Analysis. Journal of International Business Studies, 36(3), 270-283.

Downloads

Published

2017-06-29

How to Cite

Rosado-Serrano, A. (2017). Franchising as strategy for internationalization of Family Firms: an exploratory study. Newman Business Review, 3(1), 145–165. https://doi.org/10.22451/3002.nbr2017.vol3.1.10007

Issue

Section

Familiy Business