The effect of specificity of experience on a firm's perceived importance of institutional knowledge in an ongoing business

Sylvie Chetty, Kent Eriksson and Jessica Lindbergh
Additional contact information
Sylvie Chetty: Department of Commerce, Massey University, Auckland, New Zealand
Kent Eriksson: Centre for Banking and Finance, KTH – The Royal Institute of Technology, Stockholm, Sweden
Jessica Lindbergh: Centre for Banking and Finance, KTH – The Royal Institute of Technology, Stockholm, Sweden

Journal of International Business Studies, 2006, vol. 37, issue 5, 699-712

Abstract: We study how three types of firm experience, ranging from the specific to the general, influence the perceived importance of institutional knowledge in the ongoing business of internationalising firms based on a sample of 101 small-to-medium-sized firms. The three types of firm experiences are international, country and ongoing business. The results show that firm experience within the ongoing business, and the experience from multiple past business deals in various countries, develop institutional knowledge, whereas experience from multiple past business deals in a specific country does not. The theoretical contribution of this paper is that it establishes a link between different kinds of experience and managerial cognition in terms of institutional knowledge. In addition, it emphasises that firms develop institutional knowledge from multiple diverse country experiences, and experience in the specific ongoing business rather than experiences at the level of the country. Journal of International Business Studies (2006) 37, 699–712. doi:10.1057/palgrave.jibs.8400214; (2006)

Date: 2006
References: Add references at CitEc
Citations: View citations in EconPapers (37)

Downloads: (external link)
http://www.palgrave-journals.com/jibs/journal/v37/n5/pdf/8400214a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/jibs/journal/v37/n5/full/8400214a.html Link to full text HTML (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:jintbs:v:37:y:2006:i:5:p:699-712

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/41267/PS2

Access Statistics for this article

Journal of International Business Studies is currently edited by John Cantwell

More articles in Journal of International Business Studies from Palgrave Macmillan, Academy of International Business
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().