Furthermore this section will attempt to link the

Furthermore, this section will attempt to link the collected data with the existing
literature that has already been done by other scholars and published in
articles, books, and scholarly journals.
5.1 Understanding Internationalization of a Business and the Benefits
This paper revolves around the process of making a family firm an
international one. Many scholars have published hundreds of journals and
articles talking about internationalization and the strategy used to achieve it. As
we embarked on the start of this research, we had one question that we intended
to seek its answers through a more expansive view; we achieved this through
interviews that we conducted with the top management members at Lucky
Seven Decoration Company Limited
In our first interview that we conducted with the board president, the father,
we asked him what he understands by the term internationalization. According
to him (Interview with respondent 1) and based on his experience,
internationalization refers to the state of having a broader market and that the
raw materials, labor costs, commercial land, and so on are cheaper. He also said
that shortcomings of internationalization are apparent; the longer supply chain
and the risk of doing business become much higher. His understanding of
internationalization is similar to the knowledge of it published in the Journal of
Business Research (Galindo et al., 2016). The three scholars characterize
internationalization with more markets being available for businesses and
entrepreneurs to place their products. They have gone a step ahead and clarified
that with increased market availability, positive expectations of business growth
would cause greater competition and innovation, which helps achieve an
increased level of product internationalization.
We attempted to find out what internationalization mean for family capital,
and he said that there are two major effects of internationalization on a
household capital. Maximization of family human resources was the first reason
he termed and the second one was that internationalization means that the
accumulation of family social capital increases. On further explanation of the
first reason (maximization of family resources), given that he has three children
in which two of them have experienced studying abroad, the process of
internationalization will enable of two sons to better adapt to foreign customers
and partners. On the second reason (accumulation of family social capital), he
further said that given a family business, the most important thing is to expand
the social network so as to get out of the family-based working and move
towards achieving a formal corporatization. Internationalization can easily make

this possible as the business will be expanding. The authors of this paper
attempted to link this understanding to existing literature, and there were so
many similarities that we found out; the work of Lien and Tsao (2013) states
that family management will positively moderates the relation linking