THE HOME-BASED ADVANTAGES AND A HIERARCHY OF LOCATION RESOURCES: FOREIGN AND LOCAL FIRMS DEPENDENCY ON LOCATION RESOURCES

摘要: This chapter seeks to explain cases whereby locationally advantageous countries do not give rise internationally competitive national firms, as theory suggests. Rather, foreign firms enjoy equal access the country resources and build strong position based on them. It suggests that location vary in terms of extent which experience liabilities accessing them, ability MNE internal networks provide substitute for introduces a hierarchy along these two dimensions determines variations between their resources. When critical advantages are high hierarchy, is, exclusive latter likely take lead an industry, establishing superior In contrast, when can similar those or else rely network provision, leading industry originate multiple no apparent home effect will be observed. outlines implications findings strategies policy makers.