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http://dx.doi.org/10.15813/kmr.2018.19.3.006

Intragroup Resource Sharing of Business group in Korea: The Effects on the Internationalization of Group-affiliated companies  

Kim, Kihyun (고려대학교 일반대학원 국제경영학과)
Lee, Youngwoo (대구대학교 경상대학 경영학과)
Publication Information
Knowledge Management Research / v.19, no.3, 2018 , pp. 113-134 More about this Journal
Abstract
This study examines the roles of intangible and tangible resources of Korean business groups on internationalization by their member firms. Specifically, we argue that not all affiliates receive same benefit from group-level resource sharing. Instead, the effect of group-level knowledge sharing on affiliates' internationalization depends on individual affiliates' relative financial positions within a business group. Using samples of business groups in Korea, chaebols, hereafter chaebols, we find that foreign market knowledge at the group level has a positive impact on the internationalization of affiliated firms while the product knowledge has no impact. Furthermore, we also find evidences that an affiliate with high level of financial capacity receives internal pressures to stay in domestic market to secure internal capital market and support other sister affiliates' international activities.
Keywords
Knowledge sharing; Chaebols; Internationalization; Business group's knowledge; Financial capacity;
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Times Cited By KSCI : 1  (Citation Analysis)
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