Knowledge management in technology-focused firms in emerging economies: Caveats on capabilities,networks, and real options |
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| Authors: | Garry D Bruton Gregory G Dess Jay J Janney |
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| Institution: | (1) Department of Management, MJ Neeley School of Management, Texas Christian University, Fort Worth, TX 76129, USA;(2) School of Management, University of Texas at Dallas, Richardson, TX 75083-0688, USA;(3) Department of Management and Marketing, School of Business Administration, 300 College Park, University of Dayton, Dayton, OH 45469, USA |
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| 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.
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| Keywords: | Emerging economies Social capital Network theory Real options theory Corporate renewal |
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