Country—specific advantage and international cooperation

Weijian Shan · William Trevor Hamilton

182 citations0/0 files storedStrategic Management Journal

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International Business and FDI Innovation and Knowledge Management Business Strategy and Innovation

Abstract

Abstract This paper tests the hypothesis that country‐specific advantage embedded in firms of a particular nationality is a motivation for international interfirm cooperation. A sample of domestic and international cooperative relationships formed by Japanese firms in the commercialization of biotechnology is used to identify factors which differentiate domestic from foreign partners. The findings support our hypothesis that country‐specific advantage is a significant variable in explaining differences between cooperative relationships with partners of different countries. The results of this study indicate that interfirm cooperation has implications for the international competitiveness of both firms and nations in high technology industries.

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References

1991The Competitive Advantage of Nations 1983Limited-dependent and qualitative variables in econometrics 1986Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy 1993Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy 1976The Future of the Multinational Enterprise 1978Patterns of Industrial Innovation 1988Joint ventures: Theoretical and empirical perspectives 1990Competitive Advantage of Nations

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