International diversification, subsidiary performance, and the mobility of knowledge resources

• 成果类型: Article
• 署名作者: Fang, Yulin; Wade, Michael; Delios, Andrew; Beamish, Paul W.
• 署名单位: York University - Canada; City University of Hong Kong; National University of Singapore; Western University (University of Western Ontario)
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.619
• 发表日期: 2007
• 页码: 1053-1064
• 关键词: RESOURCE-BASED VIEW; Knowledge transfer; International diversification; subsidiary performance; Japanese foreign direct investment; Intangible assets

摘要

We examine the link between international diversification, organizational knowledge resources, and subsidiary performance. The success of international corporate diversification depends on a firm's capability to transfer knowledge to its subsidiaries, and how its local subsidiaries effectively utilize that knowledge. As knowledge resources are imperfectly mobile, a firm may find it difficult to transfer knowledge to its subsidiaries. In our analysis of 4964 Japanese subsidiaries over a 14-year period, we find that knowledge that is valuable, but not rare, positively affects subsidiary performance in the short term, but not the long term. In contrast, knowledge that is both valuable and rare affects subsidiary performance in the long term, but not the short term. Copyright (c) 2007 John Wiley & Sons, Ltd.