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On the adaptation of the firm to the international business environment

dc.contributor.authorFerreira, Manuel Portugal
dc.contributor.authorSerra, Fernando
dc.contributor.authorReis, Nuno
dc.date.accessioned2011-03-17T11:35:58Z
dc.date.available2011-03-17T11:35:58Z
dc.date.issued2010
dc.description.abstractThis paper advances on the importance of the adaptation of the firm to the International Business Environment (IBE). The IBE is a distinguishing factor in international business studies and the firm’s adaptation to the environment has been presented as a basic survival strategy. We argue that adaptation is indeed a dynamic and largely internally driven process that leads the firm to co-evolve with the external environment. The ability to adapt to different international business environments is developed over time through the firm’s experiences and built into its routines. Adaptation is both suggested to incorporate the elements of a planned strategy and of random variation in search for local peaks given bounded rationality, imperfect information and the current pool of resources and capabilities. The ability to adapt to the environment may be conceptualized as a knowledge-based capability and a potential source of competitive advantage for the multinational corporation.por
dc.identifier.urihttp://hdl.handle.net/10400.8/387
dc.language.isoengpor
dc.peerreviewednopor
dc.relation.ispartofseriesglobADVANTAGE Working paper series;68
dc.subjectAdaptationpor
dc.subjectInternational Business Environmentpor
dc.subjectMNCpor
dc.subjectCapabilitiespor
dc.subjectEvolutionpor
dc.subjectEnvironmental stabilitypor
dc.titleOn the adaptation of the firm to the international business environmentpor
dc.typejournal article
dspace.entity.typePublication
person.familyNameFerreira
person.familyNameReis
person.givenNameManuel
person.givenNameNuno
person.identifier.ciencia-id2B1A-16D4-80DA
person.identifier.ciencia-id8E11-DEEF-E976
person.identifier.orcid0000-0002-4642-4605
person.identifier.orcid0000-0002-4544-0312
person.identifier.ridA-2322-2012
person.identifier.ridA-9709-2012
person.identifier.scopus-author-id7402787382
person.identifier.scopus-author-id55012738500
rcaap.rightsopenAccesspor
rcaap.typearticlepor
relation.isAuthorOfPublication69895f61-97d7-47e5-93e3-ede7fb54631c
relation.isAuthorOfPublication1f9b52e0-12bd-4e80-a37b-889cb26c592f
relation.isAuthorOfPublication.latestForDiscovery69895f61-97d7-47e5-93e3-ede7fb54631c

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