Abstract
Innovation is a critical source of competitive advantage in an increasingly changing and globalising environment and, 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.
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.
Original language | English |
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Article number | 120538 |
Pages (from-to) | 1-15 |
Number of pages | 15 |
Journal | Technological Forecasting and Social Change |
Volume | 165 |
DOIs | |
Publication status | Published - 15 Jan 2021 |
Keywords
- micro-foundations
- global strategic partnership
- internationalisation
- technology acquisition