The internationalisation of family SMEs in the Valencian regionthe growing role played by Latin America, 1980- 2018

  1. Javier Vidal Olivares
  2. Candelaria Saiz
  3. Lluís Torró
  4. Juan Zabalza
Zeitschrift:
Journal of evolutionary studies in business

ISSN: 2385-7137

Datum der Publikation: 2020

Ausgabe: 5

Nummer: 2

Seiten: 115-149

Art: Artikel

DOI: 10.1344/JESB2020.2.J078 DIALNET GOOGLE SCHOLAR lock_openOpen Access editor

Andere Publikationen in: Journal of evolutionary studies in business

Zusammenfassung

SME's and family businesses are central elements in Spain's modern economic growth. However, their process of internationalization has been little explored in recent research, particularly when it has been primarily aimed at emerging economies. The article aims to understand and explain the internationalisation process of SME's in the Valencian region in Latin America. Through a set of cases of companies from different sectors (Metal, Machinery, Chemical, Ceramics, Textile, Furniture) it is showed that since 1990, the different Latin American countries have been increasing their presence in the preferential markets of most of the 22 companies studied. The growing role of the region in the investments of Valencian SME's shows the diversification and expansion of destination markets, including geographically not only the traditional European or Arab countries but also those of Latin America. Different reasons underlie this internationalisation: but the enterprises analysed based on a case studies approach showed different models of expansion. The common denominator being that of strategies specifically developed and adapted to the destination country's local environment: from an incremental and gradual expansion.

Bibliographische Referenzen

  • Albors-Garrigós, José, María Del Val Segarra, and Carlos A. Rincón-Díaz. 2010. “Los Institutos Tecnológicos en el Sistema de Innovación Regional Valenciano. Propuesta de un modelo contingente de estrategia y desempeño.” Dirección y Organización, 42:54–62.
  • Arranz, Nieves, Juan Carlos Fernández de Arroyabe. 2009. “Internationalization process of Spanish small firms: Strategies, transactions and barriers.” International Small Business Journal 27(4): 420–441. doi: 10.1177/0266242609334968.
  • Belso-Martínez, José Antonio. 2006. “Do industrial districts influence export performance and export intensity? Evidence for Spanish SMEs' internationalization process.” European Planning Studies 14(6): 791–810. doi:10.1080/09654310500496115.
  • Cámara de Comercio de Valencia. 2018. Relaciones comerciales entre Latinoamérica y la Comunidad Valenciana, 2010-2017. Un mercado en crecimiento, Valencia: Cámara de Comercio.
  • Caruana, Leonardo, Carlos Larrinaga, and Juan Manuel Matés. 2011. “La pequeña y mediana empresa en la edad de oro de la economía española: estado de la cuestión.” Investigaciones de Historia Económica 7:272–283. doi: 10.1016/j.ihe.2010.10.001.
  • Casillas, José C, and Francisco J. Acedo. 2005. “Internationalisation of Spanish family SMEs: an analysis of family involvement.” International Journal of Globalisation and Small Business 1(2): 134–151. doi:10.1504/IJGSB.2005.008010.
  • Casillas, José C., and Ana M. Moreno-Menéndez. 2017. “International business & family business: Potential dialogue between disciplines.” European Journal of Family Business 7(1–2): 25–40. doi:10.1016/j.ejfb.2017.08.001.
  • Chetty, Sylvie, and Henrik Agndal. 2007. “Social Capital and its Influence on Changes in Internationalization Mode among Small and Medium-Sized Enterprises.” Journal of International Marketing 15(1): 1–29. doi:10.1509/jimk.15.1.001.
  • Claver Cortés, Enrique, Laura Rienda García, and Diego Quer. 2008. “Factores familiares y compromiso internacional: evidencia empírica en las empresas españolas.” Cuadernos de economía y dirección de la empresa 35:7–25. doi:10.1016/S1138-5758(11)70057-3.
  • Colli, Andrea. 2012. “Contextualizing Performances of Family Firms: The perspective of Business History.” Family Business Review 25(3): 243–257. doi:10.1177/0894486511426872.
  • Colli, Andrea, and Paloma Fernández Pérez. 2013. The Endurance of Family Businesses. A Global Overview. New York: Cambridge University Press.
  • Dou, Junsheng, Gady Jacoby, Jialong Li, Youyi Su, and Zhenyu Wu, 2019, “Family involvement and family firm internationalization: The moderating effects of board experience and geographical distance.” Journal of International Financial Markets, Institutions and Money 59:250–261. doi:10.1016/j.intfin.2018.12.004.
  • Estall i Poles, Vicent Joan. 2007. “La industrialización del azulejo en la Comunitat Valenciana: Onda y Castellón durante los siglos XIX y XX.” In Dos siglos de industrialización en la Comunitat Valenciana – Dos segles d’industrialització a la Comunitat Valenciana, editet by Colegio Oficial de Ingenieros Superiores Industriales de la Comunidad Valenciana (COIICV), 243–280. València: Colegio Oficial de Ingenieros Superiores Industriales de la Comunidad Valenciana (COIICV).
  • Fayos, Teresa, Haidée Calderón, and Juan Mir. 2011. “El éxito en la internacionalización de las cooperativas agroalimentarias españolas. Propuesta de un modelo de estudio desde la perspectiva del marketing internacional.” CIRIEC-España, Revista de Economía Pública, Social y Cooperativa, 72:43-72.
  • Fernandes Coutinho, Ricardo Jorge, and Raquel Meneses Moutinho. 2012, “Generational Succession as a Trigger for Family Business Internationalization.” Economics and Management Research Projects: An International Journal 2(1): 1-17.
  • Fernández, Zulima, and Nieto, María J. 2005. “Internationalization Strategy of Small and Medium-Sized Family Businesses: Some Influential Factors.” Family Business Review, XVIII(1): 77-89. doi:10.1111/j.1741-6248.2005.00031.x.
  • Font de Mora, Luis. 2001. Anecoop, 25 años, Valencia: Anecoop.
  • Gallo, Miguel Angel, and Jannicke Sveen. 1991. “Internationalizing the Family Business: Facilitating and Restraining Factors.” Family Business Review 4(2): 181–190. doi:10.1111/j.1741-6248.1991.00181.x.
  • García Ruiz, José Luis, and Carles Manera. 2006. Historia empresarial de España. Un enfoque regional en profundidad. Madrid: Lid Empresarial.
  • Gil, Salvador, Rafael Llorca, and Andrés J. Picazo. 2006. “L’economia: una era de prosperitat.” In, Història del País Valencià. VI. Transició, democràcia i autonomia, edited by José A. Piqueras, 285–322. Barcelona: Edicions 62.
  • Gomez-Mejía, Luis R., Katalain Takács Haynes, Manuel Nunez-Nickel, Kathyrn J.L. Jacobson, and José Moyano-Fuentes. 2007. “Socioemotional wealth and business risks in family-controlled firms: Evidence from Spanish olive oil mills.” Administrative Science Quarterly 52(1): 106–137. doi: 10.2189/asqu.52.1.106.
  • Grau, Joaquín. 2017. Aquaclean. 50 años, Alcoi, Aquaclean Group, 2017.
  • Guillén, Mauro, and Esteban García. 2010. The New Multinationals. Spanish Firms in a Global Context, Cambridge (Massachussetts): Cambridge University Press.
  • Hilmersson, Mikael, and Martin Johanson. 2016. “Speed of SME Internationalization and Performance.” Management International Review, 56(1): 67–94. doi:10.1007/s11575-015-0257-4.
  • Kalinic, Igor, and Forza, Cipriano. 2012. “Rapid internationalization of traditional SMEs: Between gradualist models and born globals.” International Business Review 21(4): 694–707. doi:10.1016/j.ibusrev.2011.08.002.
  • Knight, Gary A., and Peter W. Liesch. 2016. “Internationalization: From incremental to born global.” Journal of World Business 51(1): 93–102. doi:10.1016/j.jwb.2015.08.011.
  • Kontinen, Tanja, and Arto Ojala. 2012. “Internationalization pathways among family-owned SMEs.” International Marketing Review 29(5): 496–518. doi:10.1108/02651331211260359.
  • Kraus, Sascha, Helge Mensching, Andrea Calabrò, Cheng-Feng Cheng, and Matthias Filser, 2016. “Family firm internationalization: A configurational approach.” Journal of Business Research, 69(11): 5473-5478. doi:10.1016/j.jbusres.2016.04.158.
  • Leonidov, Leonidas and Saeed Samiee, 2012, “Born Global or Simply rapidly internationalizing? Review, critique, and future prospects.” In Handbook on Research on Born Globals, edited by Mika Gabrielsson, and VH Manek Kirpalami, 16-35. Cheltenham: Edward Elgar.
  • Lluch, Ernest. 2001. La via valenciana. Catarroja-Barcelona: Editorial Afers.
  • Martínez Gallego, Francisco. 1995. Desarrollo y crecimiento. La industrialización valenciana, 1834-1914. València: Conselleria d’Indústria, Comerç i Turisme.
  • Mas, Francisco. 1996. “Enterprise Support Structures: the Valencian Region Model.” In Networks of Enterprises and Local Development. Competing and Co-operating in Local Productive Systems, edited by OECD, 133–147. París, OECD.
  • Merino, Fernando, Joaquín Monreal-Pérez, and Gregory Sánchez-Marín. 2015. “Family SMEs’ Internationalization: Disentangling the Influence of Familiness on Spanish Firms’ Export Activity.” Journal of Small Business Management 53(4): 1164–1184. doi:10.1111/jsbm.12111.
  • Molina-Morales, F. Xavier, and M. Teresa Martínez-Fernández, 2006, “Industrial districts: something more than a neighbourhood”, Entrepreneurship and Regional Development 18(6): 503-524. doi:10.1080/08985620600884750.
  • Musteen, Martina; John Francis, and Deepak K. Datta. 2010. “The influence of international networks on internationalization speed and performance: A study of Czech SMEs.” Journal of World Business 45(3): 197–205. doi:10.1016/j.jwb.2009.12.003.
  • Onkelinx, Jonas, Tatiana S. Manolova; and Linda F. Edelman. 2016. “The human factor: Investments in employee human capital, productivity, and SME internationalization.” Journal of International Management 22(4): 351–364. doi:10.1016/j.intman.2016.05.002.
  • Reig, Ernest, and Andrés José Picazo. 1997. Capitalización y crecimiento de la economía valenciana, 1955-95. Bilbao: Fundación BBV.
  • Reig, Ramir. 2006. “Els agents econòmics i socials en una època de grans canvis.” In, Història del País Valencià. VI. Transició, democràcia i autonomia, edited by José A. Piqueras, 247–283. Barcelona: Edicions 62.
  • Ripollés, María, Martina Menguzzato, and María Iborra. 2002. “The Internationalization of New Ventures: The Spanish Case.” The International Journal of Entrepreneurship and Innovation 3(3): 191–200. doi: 10.5367/000000002101299196.
  • Ripollés, María, and Martina Menguzzato. 2004. “International entrepreneurship: ¿Nuevas empresas internacionales y/o empresas nacidas globales?” In El emprendedor innovador y la creación de empresas de I+D+i, edited by Salvador Roig, 59-69. Valencia: Publicaciones de la Universidad de Valencia.
  • Salom, Julia, and Juan Albertos. 2013. “Los distritos industriales en la reconfiguración territorial de la Comunidad Valenciana (2008-2012).” Paper presented at Smart regions for a smarter growth strategy: new challenges of Regional Policy and potentials of cities to overcome a worldwide economic crisis, XXXIX Reunión de Estudios Regionales, Oviedo, Spain, November 21-22.
  • Sanchez-Bueno, María José, and Belén Usero. 2014. “How may the nature of family firms explain the decisions concerning international diversification?” Journal of Business Research, 67(7): 1311-1320. doi:10.1016/j.jbusres.2013.09.003.
  • Sanchez-Famoso, Valeriano, Amaia Maseda, Txomin Iturralde. 2017. “Family involvement in top management team: Impact on relationships between internal social capital and innovation.” Journal of Management and Organization, 23(1): 136–162. doi:10.1017/jmo.2016.2.
  • Soler Marco, Vicent. 1984. Guerra i expansió industrial: País Valencià, 1914-1923. Valencia: Institució Alfons el Magnànim, Diputació Provincial de València.
  • Soler Marco, Vicent. 1990a. “L’arrencada industrial (1960-1975).”. In Història del País Valencià. V. Època contemporània, edited by Pedro Ruiz Torres, 353–382. Barcelona: Edicions 62.
  • Soler Marco, Vicent. 1990b. “L’economia valenciana dins el model ‘nacionalista’ espanyol (1914-1959).” In Història del País Valencià. V. Època contemporània, edited by Pedro Ruiz Torres. 221–256. Barcelona: Edicions 62.
  • Stieg, Philipp, Martin R.W. Hiebl, Sascha Kraus, Felix Schüssler, and Sven Sattler. 2017. “Born-again globals: generational change and family business internationalisation.” European Journal of International Management, 11(5): 581–605. doi:10.1504/EJIM.2017.086693.
  • Torró Gil, Lluis, and Joaquim Cuevas Casaña. 2002. “Pels camins de la ‘via valenciana’: la indústria en el segle de la revolució.” Recerques. Història, Economia, Cultura 43:21–60.
  • Vidal Olivares, Javier. 1992. Transportes y mercado en el País Valenciano, 1850-1914. Valencia: Edicions Alfons el Magnànim.
  • Vidal Olivares, Javier. 1993. “Creixement econòmic i canvi social. L’embranzida de la burgesia al País Valencià, 1830-1914.” Afers. Fulls de Recerca i Pensament VIII(16): 483–501.
  • Vidal Olivares, Javier. 2006. “Empresas y empresarios en el País Valenciano, 1890-2000.” in Historia empresarial de España: un enfoque regional en profundidad, edited by José Luis García Ruiz, and Carles Manera, 57-77. Madrid: Lid Empresarial.
  • Vidal Olivares, Javier. 2020. Los empresarios familiares en España. Manuel Peláez Castillo (1937-2014), Fundador de ECISA. Alicante: Publicaciones de la Universidad de Alicante.
  • Ybarra, Josep Antoni., Begoña San Miguel del Hoyo, and Jorge Hurtado Jordá. 2002. “Tendencias en la economía sumergida.” In Clase, estatus y poder en las sociedades emergentes: Quinto Foro sobre Tendencias Sociales, edited by José Félix Tezanos, 233–258. Madrid: Editorial Sistema.
  • Ybarra, Josep Antoni, 2006. “Los distritos industriales en el desarrollo local valenciano.” Paper presented at XIV International economic history congress. Helsinki, Finland, August 21-25.
Fuente de los datos: Dialnet