Essay sample library > Knowledge Flow Transfers in Multinational Corporations by Ordóñez de Pablos

Knowledge Flow Transfers in Multinational Corporations by Ordóñez de Pablos

2023-06-04 05:25:03

Ordóñezde Pablos, P. (2004). Transmission of knowledge flows from multinational companies. Intellectual property rights and influence on management, 8 (6), 105-116. In this paper, Ordóñezde Pablos aims to analyze "transfer of knowledge flows within multinational companies, especially emphasis on replication of personnel management systems in headquarters headquarters" (p. 105). And the recent contribution is to emphasize the unique management system of Japan and the United States, including disadvantages when used abroad.

In this ever-changing global business environment, knowledge transfer is a necessary condition for the success of multinational companies. Two individuals involved in international knowledge transfer are the citizen of the parent company (PCN) and the host nation (HCN). Knowledge transfer between PCN and HCN is always faulty and companies need to manage it. Multinational companies transfer their core competencies and other important knowledge to the international business via PCN. PCN forwards "general knowledge" to subsidiary and forwards "market specific knowledge" to headquarters. In this way, knowledge enters and exits subsidiaries via PCN. The reason for using PCN for overseas relocation is to maintain appropriate communication between the parent company and its subsidiaries and subsidiaries, to establish domestic contacts, and to enhance the understanding of the company's international business.

Transfer pricing within multinational companies. Use funds to transfer funds between parents, subsidiaries, and affiliates that are doing business in dozens of countries. For many multinationals, exaggerated transfer pricing is a standard process, an important part of the global strategy to maximize tax cuts and profits. Domestic cross-border transactions account for about 50% to 60% of all cross-border transactions. I did not know multinational companies that do not transfer funds between entities using fictitious transfer pricing in some places between projects, multi-product companies of billions of dollars scale. Over the past few years, chemical companies are a common example of counterfeiting transfer pricing that uses their products to increase revenue and regain profits.