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The main research question of the paper is to find out what are the specifics of the internationalization process of entrepreneurial activities of Czech family businesses, whether it is possible to determine any specific model of internationalization of Czech companies, and whether the course of the internationalization process of entrepreneurial activities has an impact on the current internationalization dynamics of Czech SMEs. The aim of the paper is to define and to specify typical characteristics of internationalization process of entrepreneurial activities of Czech family businesses as well as to evaluate the impact of the internationalization process on current internationalization dynamics of Czech SMEs. The family businesses included in the study are those that have already undertaken internationalization activities and are incorporated in the Czech Republic. A total of 297 SMEs participated in the study, and the main primary data collection instrument was a questionnaire-interview. Finally, the last section provides the conclusion of the research and offers a discussion of most important implications.