Determinanty zmian w gospodarce światowej
Knowledge based economy and the competitive advantages of an international corporation
The paper aims to analyze the competitive advantages of an international corporation related to the geographical location according to the resource/competence theory and transaction costs theory. The author highlights influence of the externalities intensity in the area of technologies used by a local company on the governance strategy of an international corporation. Specific local properties determine the competitiveness factors and substantially affect the company strategy.