Abstract

Business firms have been described as bundles of resources and capabilities (or assets and skills, or a variety of other terms indicating a combination of hard, or at least clearly identifiable, components and soft, or at least somewhat undefined, abilities and processes), bound together by ownership, contracts, common management, organizational culture, identity, and a variety of other processes. This chapter focuses on resources and capabilities, and considers how such component parts can enhance or discourage globalization, and how the firm's stock of resources and capabilities is altered by processes of globalization.

Document Type

Book Chapter

Publication Date

5-2011

Publisher Statement

Copyright © 2011 ABC-CLIO. This book chapter first appeared in International Business in the 21st Century.

Please note that downloads of the book chapter are for private/personal use only.

Purchase online at ABC-CLIO.

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