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The Significant Elements of Business Knowledge in the Internationalisation Process of the Visegrad Group Corporations

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  • S. Gubik, Andrea
  • Bartha, Zoltán

Abstract

The aim of this chapter is to identify the knowledge elements that are crucial in the internationalisation process of the Visegrad Group firms. It uses a two-dimensional model of business knowledge, which separates business knowledge along two dimensions: the tacit or explicit nature; and the codified or uncodified one. This model tells us that tacit and codified knowledge is the most difficult to transfer, while the explicit-uncodified part is the easiest. The five types of business knowledge were measured with a questionnaire conducted among 1124 firms from the V4 countries, including 240 Polish, 597 Czech, 113 Hungarian and 144 Slovak firms. It was found that knowledge is significantly related to the internationalisation process. The most important knowledge elements in both the decision of going international, and the intensity of internationalisation are the tacit and codified parts.

Suggested Citation

  • S. Gubik, Andrea & Bartha, Zoltán, 2014. "The Significant Elements of Business Knowledge in the Internationalisation Process of the Visegrad Group Corporations," MPRA Paper 59578, University Library of Munich, Germany, revised 18 Jun 2014.
    • Handle: RePEc:pra:mprapa:59578
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    References listed on IDEAS

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    9. Andrea S. Gubik & Sándor Karajz, 2014. "The Choice of Foreign Market Entry Modes: The Role of Resources and Industrial Driving Forces," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 2(1), pages 49-63.
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    More about this item

    Keywords

    Internationalisation; business knowledge; Visegrad countries;
    All these keywords.

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

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