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Internationalization - Do They Know That They Don't Know?
Uppsala University, Sweden.
Mälardalen University, School of Business, Society and Engineering, Industrial Economics and Organisation.ORCID iD: 0000-0002-9009-3575
Mälardalen University, School of Business, Society and Engineering, Industrial Economics and Organisation.ORCID iD: 0000-0003-3322-437X
2012 (English)In: Advances in Global Research, Ajman, 2012Conference paper, Published paper (Other academic)
Abstract [en]

The view of foreign market commitment in internationalization process is constructed on the assumption of firms’ knowledge seeking. Uncertainty is reduced by knowledge grounding foreign market commitment. Firms know that they do not know and seek for knowledge through experience or interactions. Incrementality hold stable market and knowledge change. The paper stands on the view that firms do not know that they do not know. It raises the simple question of if international firms’ can really reach knowledge on future why then do they always face with critical problems. Different to the view in internationalization process that firms ‘know what they do not know’; this paper is concerned with the unknown. It discuss that firms’ in their foreign market do not know that they do not know and thereforetheir commitment always face with crises when the market change is drastic. With this theoretical assumption paper presents one case study. The process of internationalization of a Swedish firm is analysed to examine the connection between the knowledge and commitment.

Place, publisher, year, edition, pages
Ajman, 2012.
Keywords [en]
Internationalization, known and unknown knowledge, commitment, banks internationalization
National Category
Business Administration
Research subject
Industrial Economics and Organisations
Identifiers
URN: urn:nbn:se:mdh:diva-49799OAI: oai:DiVA.org:mdh-49799DiVA, id: diva2:1461636
Conference
Academy for Global Business Advancement
Funder
The Jan Wallander and Tom Hedelius FoundationAvailable from: 2020-08-27 Created: 2020-08-27 Last updated: 2020-11-16Bibliographically approved

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Thilenius, Peter

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CiteExportLink to record
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Citation style
  • apa
  • ieee
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  • Other style
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Language
  • de-DE
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  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
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Output format
  • html
  • text
  • asciidoc
  • rtf