Knowledge of the firm and the evolutionary theory of the multinational corporation

Essay specific features

 

Issue:

Business

 

Written by:

Nathan G

 

Date added:

August 26, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

35 / 9746

 

Was viewed:

2400 times

 

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Essay content:

The multinational corporation arises not out of the failure of markets for the buying and selling of knowledge, but out of its superior efficiency as an organizational vehicle by which to transfer this knowledge across borders. We test the claim that firms specialize in the internal transfer of tacit knowledge by empirically examining the decision to transfer the capability to manufacture new products to wholly owned subsidiaries or to other parties...
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We test the claim that firms specialize in the internal transfer of tacit knowledge by empirically examining the decision to transfer the capability to manufacture new products to wholly owned subsidiaries or to other parties. The empirical results show that the less codifiable and the harder to teach is the technology, the more likely the transfer will be to wholly owned operations...
displayed 300 characters

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