The resource-based view of the firm, social capital/network theory, and real options theory applied to emerging economies
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[German title: Die ressourcenorientierte Sichtweise des Unternehmens, die soziale Kapital-/Netzwerktheorie und die Theorie der Realoptionen angewendet auf Schwellenländer]

Knowledge management in technology-focused firms in emerging economies: Caveats on capabilities, networks, and real options
Garry D. Bruton , Gregory G. Dess and Jay J. Janney

Journal: Asia Pacific Journal of Management
Publisher: Springer Netherlands
ISSN: 0217-4561 (Print) 1572-9958 (Online)
Subject: Business and Economics
Status/Issue: June 2007, Volume 24, Issue 2, pp 115-130 
Category: Perspectives
DOI: 10.1007/s10490-006-9023-2
 
Abstract:  In mature economies, technology-focused industries and the management of knowledge are widely viewed as critical to success. Increasingly, in emerging economies technology-focused industries and the management of knowledge are also viewed as important. To date, however, little is known about such activities in emerging economies. Particularly, it is not understood how knowledge management can impact efforts for corporate renewal in such environments. The literatures of the resource-based view of the firm, social capital/network theory, and real options theory are vital to providing insights for technology-focused industries and the management of knowledge in mature economies. In this paper we focus on the caveats when applying such theoretical foundations to emerging economies. To illustrate these issues we will draw on the largest emergent economy in the world, China.

Keywords:  Emerging economies – Social capital – Network theory – Real options theory – Corporate renewal

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