Unraveling formal and informal business ties in shaping foreign subsidiary capabilities
Amonrat Thoumrungroje,
Nang Sarm Siri
Abstract:Purpose
Drawing upon the resource-based view this study aims to examine the connections between formal and informal business relationships and resource-bridging and adaptive capabilities within the context of foreign subsidiaries of multinational enterprises (MNEs) operating in Thailand. Based on prior literature emphasizing business network ties as sources of competitive advantage in emerging markets, this study extends the discourse by investigating the moderating effects of technological turbulence, power d… Show more
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