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Knowledge-Based Assets in Business Groups: A Dynamic Capabilities View of Complementarity and Rents

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Journal of Management

Published online on

Abstract

Journal of Management, Volume 52, Issue 5, Page 1737-1771, May 2026.
We extend the business group (BG) literature by combining the knowledge-based perspective and the dynamic capabilities view to explain the benefits of group affiliation. In the BG context, group affiliates can use not only their own firm-level knowledge-...