Study On The Internationalization Of Family Businesses In China

Family businesses are playing an important role in global economy. It gives family businesses pressure and challenges. At the same time, it also brings new opportunities.First, the article presents comprehensively the basic theories in the areas of the internationalization of businesses and family businesses. The study analyses the influence of several factors relevant to any internationalization process and differentiates between those factors the aid internationalization and those binder such a process. The study also combines these factors with special characteristics inherent in family businesses, and discusses how such characteristics affect internationalization process in family businesses.Second, the study presents the internationalization of family businesses which based on the external and internal circumstances. The article describes the irrationalities in family businesses, including structural property, the attitude of the top management, the difficulties of financing, the limit of the"family"culture to the internationalization process of family businesses, the limit of resist risk, and so on. In macrocosmic, the author presents to provide nicer external environment for the internationalization process of family business how the governments to give more policy support than before. In microcosmic, the author presents how to balance enterprise and family to achieve good development. The study analyses the time, the industry and the mode of the internationalization process in family businesses. The study presents that the family businesses come true the internationalization process across expanding the export, setting up the multinational strategy alliance, and foreign direct investment.At last, the article gives a demonstration. Foxconn is a large-scale manufacture family business which has a successful internationalization process.The author hopes the internationalization process of Foxonn will give some inspirations to the family businesses in China.