International Business Strategies: Knowledge as a crucial component for their classification
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Published
18-09-2018
Markus Hagemeister
Aitziber Lertxundi Lertxundi
Abstract
The present paper aims at explaining the strategies of international business from the perspective of the Knowledge management approach. The authors through an alternative look at these strategies by using the production factor knowledge as the differentiating factor. In this sense, the paper classifies the international business strategies by means of a vector field defined by two different knowledge dimensions explaining in this way the distinct behaviours of companies in the international environment. With this, the authors propose a tool for management to position its organization and choose the appropriate business strategy.
How to Cite
Hagemeister, M., & Lertxundi Lertxundi, A. (2018). International Business Strategies: Knowledge as a crucial component for their classification. Cuadernos De Gestión, 7(2), 29–37. https://doi.org/10.5295/cdg.19145mh
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Keywords
International strategies, knowledge management, knowledge, transaction costs theory
References
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HALL, G.; HOWELL, S. (1985): The Experience Curve from an Economist´s Perspectiva, Strategic Management Journal 6, pp. 197-212.
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LASSERRE, P. (2003): Global Strategic Management, Palgrave-McMillan, New York.
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MEFFERT, H. (2000): Marketing, Gabler Verlag, Wiesbaden.
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POLANYI, M. (1967): The Tacit Dimension, Doubleday, New York.
PORTER, M.E. (1980): Competitive Strategy, The Free Press, New York.
PORTER, M.E. (1990): The Competitive Advantage of Nations, The Free Press, New York.
PRAHALAD, C.K. Y DOZ, Y. (1987): The Multinational Mission. Balancing Local Demands and Global Vision, The Free Press, New York.
REICH, R. (1991): The Work of Nations, Alfred A. Knopf, New York.
SHAPIRO, C. (1983): Premiums for High Quality Products as Returns to Reputations, Quarterly Journal of Economics, vol. 97, pp. 659-679.
WILLIAMSON, O.E. (1975): Markets and Hierarchies. Analysis and Antitrust Implications, Free Press, New York.
WILLIAMSON, O.E. (1985): The Economic Institutions of Capitalism, Free Press, New York.
WILLIAMSON, O.E. (1989): Transaction Costs Economy, en: SCHMALENSEE, R.; WILLIG, R.D. (editors), Handbook of Industrial Organisation, Amsterdam, pp. 135-182.
WILLIAMSON, O.E. (1990): The Firm as a Nexus of Treaties. An Introduction, en: AOKI, M.; GUSTAFFSON, B.; WILLIAMSON, O.E. (editors), The Firm as a Nexus of Treaties, Sage Publications, London, pp. 1-25.
WILLIAMSON, O.E. (1990B): The Firm as a Nexus of Treaties. An Introduction, in: AOKI, M.; GUSTAFFSON, B.; WILLIAMSON, O.E. (editors), The Firm as a Nexus of Treaties, Sage Publications, London, pp. 1-25.
WILLIAMSON, O.E. / WACHTER, M.L. / HARRIS, J.E. (1975): «Understanding the Employment Relation. The Analysis of Idiosyncratic Exchange», The Bell Journal of Economics, vol. 6, pp. 250-278.
BACKHAUS, K.; BÜSCHKEN J.; VOETH M. (2003): Internationales Marketing, Schäffer-Poeschel, Stuttgart.
EISENHARDT, K.M. (1985): «Control: Organizational and economic approaches», Management Science, vol. 31, pp. 134-149.
FURUBOTN, E.G.; RICHTER R.R. (1997): Institutions and Economic Theory. The Contribution of the New Institutional Economics, University of Michigan.
HALL, G.; HOWELL, S. (1985): The Experience Curve from an Economist´s Perspectiva, Strategic Management Journal 6, pp. 197-212.
KLEIN B., LEFFLER, K.B. (1981): The Role of Markets Forces Assuring Contractual Performance, Journal of Political Economy, vol. 89, no. 4.
LASSERRE, P. (2003): Global Strategic Management, Palgrave-McMillan, New York.
LAWRENCE, P.R. y LORSCH, J.W. (1967): Organization and environment. Managing differentiation and integration. Harvard University, Boston.
LIEBESKIND (1996): «Knowledge, strategy and the theory of the fi rm», Strategic Management Journal, vol. 17, Special Issue, pp. 93-108.
MEFFERT, H. (2000): Marketing, Gabler Verlag, Wiesbaden.
MILGROM, P.; ROBERTS, J. (1992): Economics, Organization and Management, Prentice-Hall, Englewood Cliffs.
NONAKA, I. (1991): The Knowledge-Creating Company, Harvard Business Review, NovemberDecember, pp. 96-104.
NONAKA, I.; HIROTAKA, T. (1995): The Knowledge Creating Country: How Japanese Companies Create the Dynamics of Innovation, Oxford University Press, Oxford.
POLANYI, M. (1967): The Tacit Dimension, Doubleday, New York.
PORTER, M.E. (1980): Competitive Strategy, The Free Press, New York.
PORTER, M.E. (1990): The Competitive Advantage of Nations, The Free Press, New York.
PRAHALAD, C.K. Y DOZ, Y. (1987): The Multinational Mission. Balancing Local Demands and Global Vision, The Free Press, New York.
REICH, R. (1991): The Work of Nations, Alfred A. Knopf, New York.
SHAPIRO, C. (1983): Premiums for High Quality Products as Returns to Reputations, Quarterly Journal of Economics, vol. 97, pp. 659-679.
WILLIAMSON, O.E. (1975): Markets and Hierarchies. Analysis and Antitrust Implications, Free Press, New York.
WILLIAMSON, O.E. (1985): The Economic Institutions of Capitalism, Free Press, New York.
WILLIAMSON, O.E. (1989): Transaction Costs Economy, en: SCHMALENSEE, R.; WILLIG, R.D. (editors), Handbook of Industrial Organisation, Amsterdam, pp. 135-182.
WILLIAMSON, O.E. (1990): The Firm as a Nexus of Treaties. An Introduction, en: AOKI, M.; GUSTAFFSON, B.; WILLIAMSON, O.E. (editors), The Firm as a Nexus of Treaties, Sage Publications, London, pp. 1-25.
WILLIAMSON, O.E. (1990B): The Firm as a Nexus of Treaties. An Introduction, in: AOKI, M.; GUSTAFFSON, B.; WILLIAMSON, O.E. (editors), The Firm as a Nexus of Treaties, Sage Publications, London, pp. 1-25.
WILLIAMSON, O.E. / WACHTER, M.L. / HARRIS, J.E. (1975): «Understanding the Employment Relation. The Analysis of Idiosyncratic Exchange», The Bell Journal of Economics, vol. 6, pp. 250-278.
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