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Family-managed firms and local export spillovers: evidence from Spanish manufacturing firms.
- Source :
-
European Planning Studies . Mar2021, Vol. 29 Issue 3, p468-492. 25p. 5 Charts, 1 Graph. - Publication Year :
- 2021
-
Abstract
- By combining arguments from regional economics and family business research, the aim of this article is to test the relationships among local export spillovers, management characteristics, and export propensity on a large sample of Spanish manufacturing firms over the 2003–2015 period. We find that family-managed firms, compared to their non-family counterparts, benefit more from being located in regions with a high density of exporters. Because of their firm-specific social capital and strong embeddedness in local networks, family-managed firms are better positioned to leverage the spatially bounded flow of knowledge and information in these regions, resulting in a higher likelihood to export than non-family firms. Additionally, our results show that the knowledge spillover effect is stronger for small and low-tech family firms' export propensity. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09654313
- Volume :
- 29
- Issue :
- 3
- Database :
- Academic Search Index
- Journal :
- European Planning Studies
- Publication Type :
- Academic Journal
- Accession number :
- 148859180
- Full Text :
- https://doi.org/10.1080/09654313.2020.1743238