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Location and the Global Advantage of Firms
Author(s) -
Mesquita Luiz F.
Publication year - 2016
Publication title -
global strategy journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.814
H-Index - 24
eISSN - 2042-5805
pISSN - 2042-5791
DOI - 10.1002/gsj.1107
Subject(s) - multinational corporation , internationalization , framing (construction) , business , competitive advantage , industrial organization , foreign direct investment , economic geography , tacit knowledge , marketing , international trade , knowledge management , economics , computer science , macroeconomics , structural engineering , finance , engineering
The goal of this article is to point to a research agenda framing the internationalization of firms on theories of location—which is defined as positions of place, time, and space that engender tacit sources of competitive advantage. Despite recent research merging location and internationalization theoretical models, much remains unknown, and future work is warranted to respond to four fundamental questions: (1) why firms venture abroad; (2) how such motivations shape FDI patterns; (3) how multinational firms shape the foreign environments they enter; and (4) what resources and (dynamic) capabilities are involved in such a process. The specific contributions of the articles to the research agenda are also highlighted here. Copyright © 2016 Strategic Management Society.