“…Multinational firms operate on a worldwide basis and effective knowledge acquisition across countries has proven challenging due to temporal, spatial, and institutional distance (Javidan, Stahl, Brodbeck, & Wilderom, 2005;Li & Scullion, 2006). While the influence of time and space distance on international knowledge acquisition can be offset by ICT, that of institutional distance, which deals with country-specific dimensions of contextual variation (such as regulatory and legal factors, cultural norms and cognitive beliefs) may be difficult to tackle due to Bliability of foreignness,^which poses social costs of doing businesses in international markets (Puffer, McCarthy, Jaeger, & Dunlap, 2013).…”