Scholars have documented the importance of national-level factors for the competitive success of firms on a global scale. These studies typically identify multiple factors that are behind the emergence of large and successful firms in particular national clusters. However, there has been...

Purpose – The primary purpose of this paper was to perform an in‐depth analysis of the strategic process that occurs within family firms. Design/methodology/approach – This study analyzed the historical development of the growth strategies of four family firms in the US, Finland, and...