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The effect of specificity of experience on a firm's perceived importance of institutional knowledge in an ongoing business
KTH, School of Architecture and the Built Environment (ABE), Centres, Centre for Banking and Finance, Cefin.
KTH, School of Architecture and the Built Environment (ABE), Centres, Centre for Banking and Finance, Cefin.
2006 (English)In: Journal of International Business Studies, ISSN 0047-2506, E-ISSN 1478-6990, Vol. 37, no 5, 699-712 p.Article in journal (Refereed) Published
Abstract [en]

We study how three types of firm experience, ranging from the specific to the general, influence the perceived importance of institutional knowledge in the ongoing business of internationalising firms based on a sample of 101 small-to-medium-sized firms. The three types of firm experiences are international, country and ongoing business. The results show that firm experience within the ongoing business, and the experience from multiple past business deals in various countries, develop institutional knowledge, whereas experience from multiple past business deals in a specific country does not. The theoretical contribution of this paper is that it establishes a link between different kinds of experience and managerial cognition in terms of institutional knowledge. In addition, it emphasises that firms develop institutional knowledge from multiple diverse country experiences, and experience in the specific ongoing business rather than experiences at the level of the country.

Place, publisher, year, edition, pages
2006. Vol. 37, no 5, 699-712 p.
Keyword [en]
internationalization, institutional knowledge, experiential knowledge, learning, small-to-medium-sized firms, international experience, foreign direct-investment, international expansion, japanese firms, market entry, multinational-corporations, absorptive-capacity, perspective, performance, strategies, mode
Identifiers
URN: urn:nbn:se:kth:diva-15931DOI: 10.1057/palgrave.jibs.8400214ISI: 000239915600008Scopus ID: 2-s2.0-33747664307OAI: oai:DiVA.org:kth-15931DiVA: diva2:333973
Note
QC 20100525Available from: 2010-08-05 Created: 2010-08-05Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf