Knowledge Relevance and Emerging Country Multinational’s Knowledge Transfer Advantage

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Abstract

This chapter develops the proposition that emerging country multinationals’ capabilities, nurtured to meet the demand of large segments of the population in emerging markets, are likely to be more ‘relevant’ to the context of LDCs than the capabilities of developed country multinationals. Relevance is understood as ‘the extent to which external knowledge has the potential to connect to local knowledge’. New knowledge perceived by the recipient as relevant is more effectively transferred and absorbed by the recipients. Emerging country multinationals have a knowledge transfer advantage vis-a-vis developed country multinationals since they can reconfigure their products and technologies to enhance relevance for LDC recipients more effectively and at lower cost.
Original languageEnglish
Title of host publicationThe political economy of global manufacturing, business and finance
EditorsMichael Tribe, George Kararach
Place of PublicationCham, Switzerland
PublisherSpringer Nature Switzerland AG
Pages197-216
Number of pages20
ISBN (Print)9783031258329
DOIs
Publication statusPublished - 2023

Keywords

  • Emerging country multinationals, Knowledge relevance, Knowledge transfer, Transfer advantage, Economic development

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