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Adaptation to the International Business Environment: A resource advantage perspective

Author

Listed:
  • Manuel Portugal Ferreira

    (Instituto Politécnico de Leiria)

  • Fernando A. Ribeiro Serra

    (UNISUL ? Universidade do Sul de Santa Catarina)

  • Dan Li

    (Kelley School of Business - Indiana University)

  • Sungu Armagan

    (College of Business Administration - Florida International University)

Abstract

This paper discusses the importance of the adaptation of the firm to the International Business Environment. Using concepts from the literature on resource advantage, we posit that the firms? adaptation capability to different International Business Environments is a valuable, difficult to imitate, non-tradeable, rare but not scarce and path dependent resource. We further suggest that adaptation to International Business Environment is a non-substitutable core source of competitive advantage for the multinational enterprises, developed over time through the firms experiences and built into their routines. In line with this argument, some propositions are formulated. We conclude with a broad discussion and suggesting some avenues for future research.

Suggested Citation

  • Manuel Portugal Ferreira & Fernando A. Ribeiro Serra & Dan Li & Sungu Armagan, 2009. "Adaptation to the International Business Environment: A resource advantage perspective," Working Papers 38, globADVANTAGE, Polytechnic Institute of Leiria.
    • Handle: RePEc:pil:wpaper:38
    as

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    File URL: https://globadvantage.ipleiria.pt/files/2009/10/working_paper-38_globadvantage.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    adaptation; international business environment; international strategy;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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