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Tapping the power of local knowledge: A local-global interactive perspective

Li, Shenxue, Easterby-Smith, Mark, Lyles, Marjorie A., Clark, Timothy (2016) Tapping the power of local knowledge: A local-global interactive perspective. Journal of World Business, 51 (4). pp. 641-653. ISSN 1090-9516. (doi:10.1016/j.jwb.2016.04.001)

Abstract

Existing theories of international business and strategy do not fully explain how local knowledge disadvantage faced by foreign investors can be mitigated. We conducted an in-depth qualitative study into four MNCs to investigate the micro-processes of how they generated value from their dispersed sources of local knowledge in China. The results suggest an interactive model: that MNCs employed management processes encompassing three strategically interconnected efforts – global knowledge penetration, local-global knowledge blending, and local-global knowledge integration. The model highlights the interplay between global and local knowledge and challenges extant research that solely focuses on the transfer of either home-based or local knowledge.

Item Type: Article
DOI/Identification number: 10.1016/j.jwb.2016.04.001
Uncontrolled keywords: Local knowledge, local knowledge disadvantage, local-global knowledge interaction, qualitative study, China
Subjects: H Social Sciences > HF Commerce > HF5351 Business
Divisions: Faculties > Social Sciences > Kent Business School > International Business and Strategy
Depositing User: Shenxue Li
Date Deposited: 27 Apr 2016 10:01 UTC
Last Modified: 29 May 2019 17:16 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/55162 (The current URI for this page, for reference purposes)
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