Work

Managing knowledge in foreign entry strategies: a resource‐based analysis

Year: 2009

Type: article

Abstract: International strategies vary in their potential to exploit and augment a firm's resources, especially its knowledge base. Resource‐based analysis suggests clustering the diverse entry modes in terms of their exploitation and augmentation characteristics. We thus introduce a new categorization of entry modes based on their potential to augment the resources of an entrant. We then explore the antecedents of these modes, and advance testable propositions delimiting for which firms and in which circumstances each mode maximizes long‐term value creation. Finally, we outline how our resource‐based framework complements transaction‐cost‐based frameworks. Copyright © 2009 John Wiley & Sons, Ltd.

Source: Strategic Management Journal

DOI: 10.1002/smj.756

Authors: Klaus E. Meyer, Mike Wright, Sarika Pruthi

Institutions: Copenhagen Business School, University of Bath, University of Nottingham, Erasmus University Rotterdam, King's College London

Language: English

Topic: International Business and FDI

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2004533944

FWCI: 43.19

Cites: 76

Cited by: 226

Related to: 10