제목51권 Dreams Come True?: Navigating the Challenges of Utilizing Knowledge from Advanced Economies in Emerging Market Multinational Enterprises
작성자admin조회수59날짜2024/06/02

Dreams Come True?: Navigating the Challenges of Utilizing Knowledge from Advanced Economies in Emerging Market Multinational Enterprises

Jong Min Lee1

Received: 24 November 2023 / Accepted: 1 February 2024 / Published online: 1 June 2024
C Korean Social Science Research Council 2024

Abstract In recent decades, emerging market multinational enterprises (EMNEs) have aggressively pursued cross-border acquisitions, especially in advanced economies. The international business literature has argued that EMNEs can enhance their firm-specific advantages by acquiring knowledge assets from advanced economies. However, this study contends that the acquisition of knowledge assets and their effective utilization by EMNEs are fundamentally distinct. It suggests that EMNEs may encounter three significant challenges when applying the knowledge assets they have gained from cross-border acquisitions in advanced economies: information asymmetry; insufficient absorptive and recombinant capabilities; and organizational inertia. The investigation into these challenges aims to contribute insights to the ongoing theoretical discourse of the literature while offering practical implications for practitioners.

2.Jong-Min-Lee.pdf
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