Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Tapping the power of local knowledge
T2 - a local-global interactive perspective
AU - Li, Shenxue
AU - Easterby-Smith, Mark Peter Victor
AU - Lyles, Marjorie A.
AU - Clark, Timothy
PY - 2016/6
Y1 - 2016/6
N2 - 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.
AB - 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.
KW - Local knowledge
KW - Local knowledge disadvantage
KW - Local-global knowledge interaction
KW - Qualitative study
KW - China
U2 - 10.1016/j.jwb.2016.04.001
DO - 10.1016/j.jwb.2016.04.001
M3 - Journal article
VL - 51
SP - 641
EP - 653
JO - Journal of World Business
JF - Journal of World Business
SN - 1090-9516
IS - 4
ER -