A new venture's strategy - and thus its performance - is based upon the knowledge the firm has about its market, its opportunity in that market, and its appropriate conduct to take advantage of that opportunity. Resource-based theory underscores knowledge as a type of resource that confers...

This article rests on the idea that knowledge is dispersed among different individuals and entities. For international entreprenurial firms to create new knowledge, they need to find ways to combine these dispersed bits of knowledge. Because of the notion that resource constraints make...