MGMT3102 Lecture Notes - Lecture 2: Arbitrage, Organizational Ecology, Absorptive Capacity
Document Summary
Internalization advantages creating an internal market; bypassing external market transactions; and paying for goods and services at market rate: the oli model does not capture the flavour of latecomer strategies of internationalization in order to access resources. Internalized versus externalized modes of technology transfer: transfers of technology. Internalised fdi: externalised licensing, subcontracting oem, a latecomer firm is able to exploit its late arrival to tap into advanced technologies rather than replicate the previous technology trajectory. Learning from asian tigers: nine dynamic economies" or nies dominate east asia (accounting for 99. 7 per cent of the group"s manufactured exports in 1997, four groups of nies and emerging economies, republic of korea and taiwan, singapore. New nies" (malaysia, indonesia, philippines and thailand: china and india. Industrial sectors the most advanced technological and innovative capabilities, in the developing world. India, china and pakistan: the fourth pattern is in economies whose industries developed mainly under import substitution (isi)
