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

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Tapping the power of local knowledge : a local-global interactive perspective. / Li, Shenxue; Easterby-Smith, Mark Peter Victor; Lyles, Marjorie A.; Clark, Timothy.

In: Journal of World Business, Vol. 51, No. 4, 06.2016, p. 641-653.

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@article{40ed5d8dd01341b992bd93134d8ad7cf,
title = "Tapping the power of local knowledge: a local-global interactive perspective",
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.",
keywords = "Local knowledge, Local knowledge disadvantage, Local-global knowledge interaction, Qualitative study, China",
author = "Shenxue Li and Easterby-Smith, {Mark Peter Victor} and Lyles, {Marjorie A.} and Timothy Clark",
year = "2016",
month = jun,
doi = "10.1016/j.jwb.2016.04.001",
language = "English",
volume = "51",
pages = "641--653",
journal = "Journal of World Business",
issn = "1090-9516",
publisher = "Elsevier Inc.",
number = "4",

}

RIS

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 -