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Enabling Knowledge CreationHow to Unlock the Mystery of Tacit Knowledge and Release the Power of Innovation$
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Georg von Krogh, Kazuo Ichijo, and Ikujiro Nonaka

Print publication date: 2000

Print ISBN-13: 9780195126167

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780195126167.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 05 August 2021

Enabler 5

Enabler 5

Globalize Local Knowledge

(p.207) 9 Enabler 5
Enabling Knowledge Creation

Georg Von Krogh

Kazuo Ichijo

Ikujiro Nonaka

Oxford University Press

Several midsize and large firms have made themselves multinational and have continued to globalize their companies' operations because doing so can result in a cost advantage over competitors, and a differentiation advantage in terms of gaining innovative ideas and other such valuable information, extending an organization's focus toward continuously growing foreign markets, and gaining access to effective R&D facilities that promote the utilization of technological advances, new expert ideas, and product concepts. While other companies may have other motives for venturing into globalization, such as acquiring a foreign partner and searching for potential managerial talent, a company's tasks can be distributed by means of a parallel buildup and through a system of operations throughout other geographic, socio-political, and cultural areas.

Keywords:   globalization, differentiation advantage, innovative ideas, foreign markets, R&D facilities, parallel buildup

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