Chapter

Managing Knowledge Within and Outside the Multinational Corporation

Paul Almeida and Anu Phene

in Innovation and Growth

Published in print September 2012 | ISBN: 9780199646685
Published online January 2013 | e-ISBN: 9780191748998 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199646685.003.0002
Managing Knowledge Within and Outside the Multinational Corporation

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Knowledge has long played an important role in the theory of the firm. An organization cannot, however, develop within its boundaries all the critical knowledge needed to prosper and grow. Consequently managers need tap into external knowledge sources. This chapter seeks to shed light on the innovation and knowledge management process within the multinational firm, from a managerial perspective. The chapter builds a model that unbundles this process and identifies the managerial abilities required at every stage in the process. The first stage explores how managers can identify critical sources of knowledge. The second stage examines how managers can build connections to knowledge sources. Finally this chapter examines the mechanisms that managers can utilize to create new innovations through integration and recombination of existing information.

Keywords: innovation; multinational firm; knowledge; managers

Chapter.  6589 words.  Illustrated.

Subjects: Financial Markets

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