The modern multinational corporation (MNC) is no longer so markedly characterized so much by the efficient exploitation of its firm-specific advantage. Rather, the MNC's potential advantage over local firms is constituted by its ability to draw on the distinct competence of its internationally...

Despite wide recognition of the central role of knowledge and its transfer, extant research has focused much on some important aspects of knowledge transfer and paid little attention to others. We focus on two underexplored issues in the knowledge transfer literature, namely: (a) compatibility...