First, firms focusing on knowledge creation and exploitation as the source of advantage are more likely to develop learning skills useful for adaptation and successful growth in new environments than are firms more dependent on tangible resources. . . . Second, because knowledge, explicit knowledge in particular, is a mobile resource, it provides a flexible platform for international expansion. Knowledge is inherently mobile in that it can be combined with fixed assets, such as distribution channels or manufacturing resource, in foreign markets at relatively low costs (Liebeskind, 1996; McDougall et al., 1994); thus, knowledge-intensive firms can exploit international growth opportunities more flexibly through such combinations than can firms dependent on fixed assets alone. Thus, knowledge-intensive firms are less constrained by distance or national boundaries. (2000, p. 913)
First, firms focusing on knowledge creation and exploitation as the source of advantage are more likely to develop learning skills useful for adaptation and successful growth in new environments than are firms more dependent on tangible resources. . . . Second, because knowledge, explicit knowledge in particular, is a mobile resource, it provides a flexible platform for international expansion. Knowledge is inherently mobile in that it can be combined with fixed assets, such as distribution channels or manufacturing resource, in foreign markets at relatively low costs (Liebeskind, 1996; McDougall et al., 1994); thus, knowledge-intensive firms can exploit international growth opportunities more flexibly through such combinations than can firms dependent on fixed assets alone. Thus, knowledge-intensive firms are less constrained by distance or national boundaries. (2000, p. 913)
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