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.
|Titolo:||Family-managed firms and Local Export Spillovers: Evidence From Spanish Manufacturing Firms|
Amato, Stefano (Corresponding)
|Data di pubblicazione:||2020|
|Appare nelle tipologie:||1.1 Articolo in rivista|
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