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Closing knowledge gaps in foreign markets

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Closing knowledge gaps in foreign markets. / Petersen, Bent; Pedersen, Torben; Lyles, Marjorie.
In: Journal of International Business Studies, Vol. 39, No. 7, 10.2008, p. 1097-1113.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Petersen, B, Pedersen, T & Lyles, M 2008, 'Closing knowledge gaps in foreign markets', Journal of International Business Studies, vol. 39, no. 7, pp. 1097-1113. https://doi.org/10.1057/palgrave.jibs.8400409

APA

Petersen, B., Pedersen, T., & Lyles, M. (2008). Closing knowledge gaps in foreign markets. Journal of International Business Studies, 39(7), 1097-1113. https://doi.org/10.1057/palgrave.jibs.8400409

Vancouver

Petersen B, Pedersen T, Lyles M. Closing knowledge gaps in foreign markets. Journal of International Business Studies. 2008 Oct;39(7):1097-1113. doi: 10.1057/palgrave.jibs.8400409

Author

Petersen, Bent ; Pedersen, Torben ; Lyles, Marjorie. / Closing knowledge gaps in foreign markets. In: Journal of International Business Studies. 2008 ; Vol. 39, No. 7. pp. 1097-1113.

Bibtex

@article{5f11bb22840547acbbe31b1b8089cac8,
title = "Closing knowledge gaps in foreign markets",
abstract = "The study explores how firms close their knowledge gaps in relation to business environments of foreign markets. Potential determinants are derived from traditional internationalization process theory as well as more recent literature on organizational learning processes, including the concept of absorptive capacity. Building on these two literature streams a conceptual model is developed and tested on a set of primary data of Danish firms and their foreign market operations. The empirical study suggests that factors considered essential in traditional internationalization process theory, such as experiential learning, explains only a very limited part of perceived knowledge gaps. When factors pertaining to the concepts of absorptive capacity and superstitious learning are added, the explanatory power improves significantly. Apparently, our understanding of firms' internationalization processes can be enriched by insights from organizational learning literature.",
keywords = "knowledge gaps, foreign market entry, overconfidence, absorptive capacity",
author = "Bent Petersen and Torben Pedersen and Marjorie Lyles",
year = "2008",
month = oct,
doi = "10.1057/palgrave.jibs.8400409",
language = "English",
volume = "39",
pages = "1097--1113",
journal = "Journal of International Business Studies",
issn = "0047-2506",
publisher = "Palgrave Macmillan Ltd.",
number = "7",

}

RIS

TY - JOUR

T1 - Closing knowledge gaps in foreign markets

AU - Petersen, Bent

AU - Pedersen, Torben

AU - Lyles, Marjorie

PY - 2008/10

Y1 - 2008/10

N2 - The study explores how firms close their knowledge gaps in relation to business environments of foreign markets. Potential determinants are derived from traditional internationalization process theory as well as more recent literature on organizational learning processes, including the concept of absorptive capacity. Building on these two literature streams a conceptual model is developed and tested on a set of primary data of Danish firms and their foreign market operations. The empirical study suggests that factors considered essential in traditional internationalization process theory, such as experiential learning, explains only a very limited part of perceived knowledge gaps. When factors pertaining to the concepts of absorptive capacity and superstitious learning are added, the explanatory power improves significantly. Apparently, our understanding of firms' internationalization processes can be enriched by insights from organizational learning literature.

AB - The study explores how firms close their knowledge gaps in relation to business environments of foreign markets. Potential determinants are derived from traditional internationalization process theory as well as more recent literature on organizational learning processes, including the concept of absorptive capacity. Building on these two literature streams a conceptual model is developed and tested on a set of primary data of Danish firms and their foreign market operations. The empirical study suggests that factors considered essential in traditional internationalization process theory, such as experiential learning, explains only a very limited part of perceived knowledge gaps. When factors pertaining to the concepts of absorptive capacity and superstitious learning are added, the explanatory power improves significantly. Apparently, our understanding of firms' internationalization processes can be enriched by insights from organizational learning literature.

KW - knowledge gaps

KW - foreign market entry

KW - overconfidence

KW - absorptive capacity

U2 - 10.1057/palgrave.jibs.8400409

DO - 10.1057/palgrave.jibs.8400409

M3 - Journal article

VL - 39

SP - 1097

EP - 1113

JO - Journal of International Business Studies

JF - Journal of International Business Studies

SN - 0047-2506

IS - 7

ER -