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Knowledge Flows, Governance and the Multinational Enterprise: Frontiers in International Management Research [Hardcover]

Dr Volker Mahnke , Dr Torben Pedersen

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Book Description

12 Dec 2003
The book contributes to the understanding of knowledge governance in the multinational corporation (MNC). It is concerned with the attraction of crucial capital, its efficient allocation, as well as the mechanisms used to achieve capital accumulation and optimal utilization. However, unlike the traditional literature, this book does not concentrate on financial capital, but on knowledge as a particular sort of capital that is seen as increasingly crucial to the existence, boundaries and economic organization of the modern MNC.
Intra-firm and inter-firm processes of knowledge creation, sharing and exploitation have attracted increasing managerial and international scholarly interest. However, the relation between particular knowledge processes, determinants of structural choices, governance mechanisms, their relevant costs and benefits and associated strategic advantages remain less well understood. In part, this is due to complications in the conceptualization of process and outcome variables that effectively represent and measure the impediments and enablers of such processes. There is also a lack of empirical knowledge of governance modes (such as markets, hybrids, joint ventures and networks), including coordination mechanisms (such as incentives and trust) in the governance of knowledge capital in the MNC. To address these challenges, this book focuses on the following three questions:
* What are the key challenges of governing knowledge in the MNC?
* How do contingencies influence relevant trade-offs?
* How do sets of governance mechanisms respond to problems of cognition and incentives?

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About the Author

VOLKER MAHNKE (PhD) is Associate Professor of Innovation and Strategy at the Copenhagen Business School. His areas of special interest include international business, inter- and intra-firm learning, and the economics of international strategy and IT-markets. His research has appeared in several international journals. In addition to his academic work, he consults with major companies in the area of innovation and international strategy.

TORBEN PEDERSEN is Professor of International Business at Copenhagen Business School'. He has published over 40 articles and books concerning the managerial and strategic aspects of multinational companies (MNCs). His most recent work deals with the organization of MNCs with a focus on the mechanism that facilitates internal transfer of knowledge in MNCs and the learning associated with the internationalization process of firms. His research has appeared in journals such as Strategic Management Journal, Journal of International Business Studies and International Review of Law and Economics, and he currently serves as web-editor of Journal of International Business Studies.

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