2002 Fiscal Year Final Research Report Summary

Business creation and sustainable competitive advantage of global Ventures

Research Project

Project/Area Number	13630151
Research Category	Grant-in-Aid for Scientific Research (C)
Allocation Type	Single-year Grants
Section	一般
Research Field	Business administration
Research Institution	Nihon University
Principal Investigator	TAKAI Toru Nihon University, Faculty of Commerce, Professor, 商学部, 教授 (60255247)
Co-Investigator(Kenkyū-buntansha)	KANDA Makoto Meiji Gakuin Univesity, Faculty of Ecnomics, Professor, 経済学部, 教授 (90153030)
Project Period (FY)	2001 – 2002
Keywords	Born Global / Strategy / Sustainability / Innovation / Multinational Company / Venture Company / Global Strategy / Small-Middle Company
Research Abstract	We found three organizational capabilities to manage the knowledge network. The first organizational capabilities is that of focused relationships. Even if many relationships are constructed, the important question is which ones will give the best synergy for strengthening the company, and also which relationships will be potential trigger for change. In today's environment of growing rates of changing technical and market needs, there is no guarantee that the current nucleus of cooperating companies will continue to be important in the future. In other words, in response to technical and customer needs, flexibility in forming and changing relationships is necessary. This is the second organizational capability. The third organizational capability is the power to create mutually beneficial relationships. Companies must avoid making. enemies of its partners in order to maintain the flexibility to alter relationships~ In practice, without mutually beneficial relationships and mutual trust, it is impossible to share high level of information or to interact for new knowledge creation.