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Cross-cultural and Entrepreneurial Strategies Towards New Family Business Performance: An Asian Context


Special issue call for papers from Journal of Family Business Management

Editors:
Veland Ramadani
South-East European University, Tetovo, Republic of Macedonia.
E-mail: v.ramadani@seeu.edu.mk

Andrianantenaina Hajanirina
President University, Kota Jababeka, Bekasi, Indonesia.
E-mail: hajanirina@president.ac.id

Anggraeni Permatasari
Jalan Ki Hajar Dewantara, Kota Jababeka, Bekasi, Indonesia.
Email: anggraeni@president.ac.id

Description:
Family businesses are among the oldest type of commercial activity and continue to ignite the curiosity of researchers. Family businesses play an important role in global society due to their impact on economic and social activity (Ramadani et al. 2014). This special issue aims to broaden discussions on the cross-cultural and entrepreneurial strategies towards new family business performance in emerging countries in an Asian context. Family businesses are the most common form of business organisation, and they play a vital role in contemporary economies (Ramadani and Hoy, 2015). Family businesses across the region have developed differently, depending on the economic, cultural and political conditions that exist in each country. Family businesses are an integral part of most economies in Asia. Around 85% of companies in Asia are family-owned businesses. This means that family businesses are a key pillar of countries’ economy and society (Anggadwita et al. 2017).

New family businesses face different challenges regarding their sustainability. Dealing with new venture studies, the Asian economic conglomerates expansion promotes the fields on political, social, and economical basis. They only exported products for international trade, although they were aware of the importance of the international tie (Okoroafo, 1999). Often, the analysis deals with the going concern of the new ventures, the business sustainability and human capital. In fact, new technology ventures studies (NTVs) statistically remain low. For instance, only 36 percent of NTVs survived after four years doing business Song et al. (2008). Many factors were found significant to the NTVs’ survivability. Among others, financial ressources and founders’ marketing experience impacted significantly on the business length. Related to that financial issue, Riding et al. (2012) highlighted that new growth firms and new exporter firms tended to hihgly seek for external financing. It implies that these firms are more vulnerable financially as they find difficulty to obtain any financial support. The extant literatures still need further research on the remedy to these problems.

Apart from business orientation and management, culture also matters in family business sustainability (Gupta et Levenburg, 2012).  Asia, as a first big continent, rich of cultures and values, an immense household, a future leading continent in the global economic development; researches on FOBs remain still not conducive as vaste as the continent is. A study comparing the Anglo cultures against the Asian cultures in which FOBs were analysed implied that Asian cultures focused more on both family and performance, whereas the Anglo orientation prevailed only the latter (Dana, 2014; Gupta et al., 2009). As for entrepreneurship on cross-cultural basis, psychological factor of self-efficacy predicted the motivation and barrier of the field (Pruett et al., 2009).

Concerned with the evidence, we would like to invite scholars, academicians, practitioners, researchers, and all interested contributors to fill the gap on the inconsistency of the extant literatures to deal with this vaste interesting continent. We expect novelty and quality on these fields to enrich the literatures. Furthermore, performance orientation remains one of the prominent factors on the internationalization of entreprenuerial firms for 39 countries (new ventures as well) (Muralidharan & Pathak, 2017). Particularly for the variety of Asian countries, we mostly hope the contribution within a more specific area. Not only the geographical area impacts on that internationalization but also network, experience and technology (internet) capabilites (Glavas & Mathews, 2014; Seaman, 2015). These are expected but not limited to be analysed. Apart from that, NTVs, FOBs, and transnational entrepreneurs (TEs) become more and more major subjects of conncern as they bring new insights. Culture also influences the business towards the stakeholders as the case of Chinese entrepreneur’s evidence (Dimitratos et al., 2016). It is then expected as well that Asian countries provide for new insight on the new ventures on global business.

Nevertheless, these topics bring important economic and academic contributions (Ratten et al., 2017). Effectively, it is our concern to inceasingly refine the analysis on these promising areas. Among others, these topics enable us to enhance the quality of our research in terms of generalizability, objectivity, testability, and replicability aspects due to the international diversity scale.

Topics include, but are not limited to, the following:

  • Family businesses; family-owned business(FOB)
  • Culture,
  • Entrepreneurial strategies
  • New ventures
  • NTVs.

Important Dates:
Manuscripts due by: 31 December 2019
Notification to authors: 28 February 2020
Final versions due by: 30 April 2020

Notes to authors:
Submissions to Journal of Family Business Management are made using ScholarOne Manuscripts, the online submission and peer review system. Registration and access is available at http://mc.manuscriptcentral.com/jfbm. If you are unable to find the information you need in the author guidelines or our author resources (http://emeraldgrouppublishing.com/authors/index.htm) section, please email manuscriptcentral@emeraldinsight.com for assistance. Please quote the journal name, your contact details and the information you require.

If you have any queries concerning this special issue, please email the Guest Editor at:

Veland Ramadani (v.ramadani@seeu.edu.mk)

References:
Anggadwita, G., Ayuningtias, H.G., Alamanda, D.T., & Oktapiani, N. (2017). Gender-Based Characteristics Differences: The Case of Family Businesses in Indonesia, Review of Integrative Business and Economics Research 6 (s1), 402-414.

Dana, L-P. (2014). Asian Models of Entrepreneurship from the Indian Union and Nepal to the Japanese Archipelago: Context, Policy and Practice. NY: World Scientific.

Dimitratos, P., Buck, T., Margaret, F., & Li, N. (2016). The motivation of international  entrepreneurship: The case of Chinese transnational entrepreneurs. International Business Review, 25, 1103–1113.

Glavas, C., & Mathews, S. (2014). How international entrepreneurship characteristics influence Internet capabilities for the international business processes of the firm. International Business Review , 23, 228-245.

Gupta, V., & Levenburg, N. (2012) Cultures, ideologies and family businesses, Journal of Family Business Management, 2(1), 57-75

Gupta, V., Levenburg, N., Moore, L., Motwani, J., & Schwarz, T. (2009). Anglo vs. Asian Family Business: A Cultural Comparison and Analysis. Journal of Asia Business Studies , 3 (2), 46-55.

Muralidharan, E., & Pathak, S. (2017). Informal institutions and international entrepreneurship. International Business Review, 26, 288–302.

Okoroafo, C. S. (1999). Internationalization of Family Businesses: Evidence from Northwest Ohio, U.S.A. Family Business Review , 12 (2), 147-158.

Pruett, M., Rachel, S., Toney, B., Llopis, F., & Fox, J. (2009). Explaining entrepreneurial intentions of university students: a cross‐cultural study. International Journal of Entrepreneurial Behavior & Research , 15 (6), 571-594.

Ramadani, V. and Hoy, F. (2015), Context and uniqueness of family businesses, in Dana, LP. and Ramadani, V. (Eds), Family Businesses in Transition Economies: Management, Succession and Internationalization, Springer, Heidelberg, pp. 9-37.

Ratten, V., Ramadani, V., Dana, L.-P., Hoy, F., & Ferreira, J. (2017). Family entrepreneurship and internationalization strategies. Review of International Business and Strategy , 27 (2), 150-160.

Riding, A., Orser, B. J., Spence, M., & Belanger, B. (2012). Financing new venture exporters. Small Business Economics, 38(2), 147-163.

Seaman, C. (2015) Creating space for the business family: Networks, social capital & family businesses in rural development, Journal of Family Business Management, 5(2), 182-191

Song, M., Podoynitsyna, K., van der Bij, H., & Halman, J. I. (2008). Success Factors in New Ventures: A Meta-analysis. Journal of Product Innovation Management, 25, 7-27.