Use of cross-border transfer of competences and capabilities
What are the uses of cross-border transfer of competences and capabilities to make Competitive benefits?
Expert
Using Cross-Border Transfer of Competences and Capabilities to make Competitive benefits are as given here:
1. Expanding beyond domestic borders is a way for companies to leverage their resource strengths and core competences using them as a basis for competing successfully in additional country markets and profits in the process and growing sales.
2. Transferring capabilities, competences, and resource powers from country to country contributes to the progress of deeper and wider capabilities and competences – ideally helping a company get dominating depth in some competitively valuable region. Dominating depth in a competitively important resource, capability, or value chain activity is a powerful base for sustainable competitive benefit over global or multi-national competitors and especially so over domestic-only competitors.
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