Internationalization is a useful strategy for gaining firm-specific technological advantages especially during periods of technological discontinuity as the pharmaceutical industry illustrates. The antibiotics revolution in the 1940s saw laggard US firms scrambling to gain capabilities in...

In 1950, poultry comprised 1 percent of the total meat consumed in Britain. But over the next thirty years, chicken consumption grew at the rate of 10 percent per annum, while overall meat consumption remained stagnant. By 1980, poultry made up a quarter of the total share of the market,...