Variety of Capitalism and Overseas Family Businesses: Insights from the Case of Lebanese Diaspora
Published: 2012
Author(s) Name: Vipin Gupta |
Author(s) Affiliation: Professor, Global Mgt. Center College of Business and Public Admn., California State University
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Abstract
The emerging work on the
internationalization of the family businesses suggests
that family businesses in general tend have low levels
of internationalization when compared to their nonfamily
counterparts. Here, we use the varieties of
capitalism perspective and Parson’s structural
functionalism perspective to formulate a GILA
framework for analyzing the development of the
overseas family businesses (OFBs). The framework
emphasizes the role of four functions – goal
attainment, integration, latency, and adaptation, and
shows how these functions are played by business
system, family system, ethnic group system, and
gender system in the context of the OFBs. We
illustrate the framework using the empirical context
of the internationalization history of Lebanese
Diaspora businesses in West Africa since the late
19th century. Implications for further research are
discussed.
Keywords: N.A.
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