کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
1001647 | 937225 | 2011 | 8 صفحه PDF | دانلود رایگان |
Strategies of internationalization have long been the focus of international business and global strategy research. While the major theories – process theory and new venture theory – have substantially contributed to our understanding of internationalization processes, they have not yet fully explained differences in firms’ growth and survival rates. Adopting a dynamic capability perspective, we argue that there are two opposing classes of explorative and exploitative capabilities differentially linked to output variables. We introduce the notion of third-order capabilities to balance trade-offs and maximize internationalization performance. A model with some testable propositions is developed which prepares the ground for future empirical research.
Journal: Journal of World Business - Volume 46, Issue 1, January 2011, Pages 126–133