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Full-Text Articles in Business
Identifying Resources For Going Global, Stephen Tallman
Identifying Resources For Going Global, Stephen Tallman
Management Faculty Publications
Business firms have been described as bundles of resources and capabilities (or assets and skills, or a variety of other terms indicating a combination of hard, or at least clearly identifiable, components and soft, or at least somewhat undefined, abilities and processes), bound together by ownership, contracts, common management, organizational culture, identity, and a variety of other processes. This chapter focuses on resources and capabilities, and considers how such component parts can enhance or discourage globalization, and how the firm's stock of resources and capabilities is altered by processes of globalization.
Internationalization, Globalization, And Capability-Based Strategy, Stephen Tallman, Karin Fladmoe-Lindquist
Internationalization, Globalization, And Capability-Based Strategy, Stephen Tallman, Karin Fladmoe-Lindquist
Management Faculty Publications
Current trends appear to suggest that globally integrated strategies are the wave of the future for many industries, but no theoretically sound, firm-level model explains this situation. International business models explain industry trends from economic perspectives, and organizational theory is beginning to examine the organizing principles of multinational firms, but a gap exists in explaining the strategic motivations of multinational firms as they expand and integrate worldwide. This article develops a capability-driven, as opposed to market-driven, framework of multinational strategy. This contingent framework explains the organizational consequences of international expansion and global integration depending on the capability types, capability strategies, …