TY - JOUR
T1 - Micro-foundational dimensions of firm internationalisation as determinants of knowledge management strategy
T2 - A case for global strategic partnerships
AU - Demirbag, Mehmet
AU - Apaydin, Marina
AU - Sahadev, Sunil
PY - 2021/1/15
Y1 - 2021/1/15
N2 - Innovation is a critical source of competitive advantage in an increasingly changing and globalising environment, thus, knowledge management lies at the core of a firm's global business strategy. This paper investigates the relationship between micro-foundational dimensions of firm internationalisation and its knowledge management strategy in the emerging economies, which have been found more efficient in converting technology into socio-economic impact. We specifically look at the technology acquisition modes which are operationalised into three categories: internal development, global strategic partnership, and outsourcing. Results from the analysis of World Bank data collected from manufacturing firms operating in emerging economies show that specific micro-foundational dimensions such as the share of foreign employees, level of foreign input and foreign sales have a significant impact on the choice of technology acquisition mode by a firm; whereas the level of foreign ownership does not have such an effect.
AB - Innovation is a critical source of competitive advantage in an increasingly changing and globalising environment, thus, knowledge management lies at the core of a firm's global business strategy. This paper investigates the relationship between micro-foundational dimensions of firm internationalisation and its knowledge management strategy in the emerging economies, which have been found more efficient in converting technology into socio-economic impact. We specifically look at the technology acquisition modes which are operationalised into three categories: internal development, global strategic partnership, and outsourcing. Results from the analysis of World Bank data collected from manufacturing firms operating in emerging economies show that specific micro-foundational dimensions such as the share of foreign employees, level of foreign input and foreign sales have a significant impact on the choice of technology acquisition mode by a firm; whereas the level of foreign ownership does not have such an effect.
KW - Emerging markets
KW - Global strategic partnership
KW - Internationalisation
KW - Knowledge management strategy
KW - Micro-foundations
KW - Socio-economic impact
KW - Technology acquisition
UR - http://www.scopus.com/inward/record.url?scp=85099442720&partnerID=8YFLogxK
U2 - 10.1016/j.techfore.2020.120538
DO - 10.1016/j.techfore.2020.120538
M3 - Article
SN - 0040-1625
VL - 165
SP - 1
EP - 15
JO - Technological Forecasting and Social Change
JF - Technological Forecasting and Social Change
M1 - 120538
ER -