Abstract
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.
| Original language | English |
|---|---|
| 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
- Emerging markets
- Global strategic partnership
- Internationalisation
- Knowledge management strategy
- Micro-foundations
- Socio-economic impact
- Technology acquisition