中文摘要：

文章基于浙江和重庆制造业家族企业的问卷调查数据，采用因子分析和多元回归分析方法，对中国情境下的家族企业社会情感财富进行了直接测量，并探讨了社会情感财富对家族企业国际化的影响及国内行业环境动态性的调节效应，研究结果表明：中国家族企业社会情感财富可区分为家族控制、家族认同、社会资本、家族代际传承意愿4个不同方面；家族代际传承意愿对家族企业国际化有显著的正向影响，社会资本对家族企业国际化有显著的负向影响；随着国内行业环境动态性的增加，家族代际传承意愿对家族企业国际化的正向影响程度减弱，社会资本对家族企业国际化的负向影响程度增强。

英文摘要：

This paper is to develop direct measurement of socioemotional wealth（ SEW）, and to explore the effect of SEW on family firms＇ internationalization, also to examine the moderating role of environmental dynamism in this relationship. A sample of manufacturing family firms in Zhejiang and Chongqing is selected, and factor analysis and multiple regress analysis are performed for the purpose of this study. The results indicate that four major dimensions of SEW may be identified in Chinese family firms, that is, family control, family members＇ identification with the firm, conservation of social capital, and the vision of family generational suc- cession. The results also show that the vision of family generational succession positively influences family firms＇ internationalization, whereas conservational of social capital negatively influence family firms＇ internationalization. The moderating test results show, with the increase of domestic environmental dynamism, the strength of the positive relationship between the vision of family generational succession and family firms＇ internationalization is decreased, and the strength of the negative relationship between conservation of social capital and family firms＇ internationalization is increased.