KNOWLEDGE AS A DISTINCTIVE RESOURCE OF COMPETITIVE ADVANTAGE Abstract : The paper focuses on identifying factors that allow companies to gain competitive advantage in global competition, based on the sources of competitive advantage of nations. In the knowledge-based society, knowledge becomes a distinctive resource for any company that innovate in order to develop/strengthen some distinctive core-competencies against its competitors. However, there is a considerable amount of literature which unsatisfactory explains/clarifies the mechanism for processing various types of knowledge (explicit and tacit) and for innovating in order to maintain a certain competitive advantage in different markets
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- John H. Dunning & Sarianna M. Lundan, 2008. "Multinational Enterprises and the Global Economy, Second Edition," Books, Edward Elgar Publishing, number 3215.
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Keywords
competitive advantage; explicit knowledge; innovation; multinational corporations; tacit knowledge.;All these keywords.
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