Knowledge acquisition and firm growth in the context of globalization

Abstract

In the era of globalization, the environment for firm growth has greatly changed during the past several decades, especially in the areas of international trade and production organization models of enterprises. Which means enterprises around the world inevitably get involved in global production networks (GPNs) and global value chains (GVCs). This paper aims to analyze the relation between knowledge acquisition and firm growth in this new firm growth environment and propose a new analytical framework of knowledge diffusion and acquisition by reviewing related literatures. It is concluded that enterprises in China should pay attention on five aspects for gaining knowledge they needed.