Li, ShenxueEasterby-Smith, MarkLyles, Marjorie A.Clark, Timothy2016-08-172016-08-172016-06Li, S., Easterby-Smith, M., Lyles, M. A., & Clark, T. (2016). Tapping the power of local knowledge: A local-global interactive perspective. Journal of World Business, 51(4), 641-653.https://hdl.handle.net/1805/10722Existing theories of international business and strategy do not fully explain how local knowledge disadvantage faced by foreign investors can be mitigated. We conducted an in-depth qualitative study into four MNCs to investigate the micro-processes of how they generated value from their dispersed sources of local knowledge in China. The results suggest an interactive model: that MNCs employed management processes encompassing three strategically interconnected efforts—global knowledge penetration, local-global knowledge blending, and local-global knowledge integration. The model highlights the interplay between global and local knowledge and challenges extant research that solely focuses on the transfer of either home-based or local knowledge.enAttribution-NonCommercial-NoDerivs 3.0 United Stateslocal knowledgelocal-global knowledge interactionChinaArticle