Author(s)

H. R. Zhang

School of Business Administration, South China University of Technology, Guangzhou, China.

During the constant research of internationalization, firms have been focused on as it is the main body that implements strategies. However, the role of a country in the process of internationalization has been ignored for a long time. Where does country-specific advantage come from? What’s the relationship between country-specific advantage and firm-specific advantage? These questions haven’t been understood clearly yet. Home country provides necessary infrastructure, service conditions, resources and institutions guarantee, which is the origin of firm’s core competition advantages; while host country’s characteristic will influence the way and path of internalization. It is of great significance to understand how to transform country-specific advantages into firm- specific advantages in the process of internationalization of multinational firms.

Country-Specific Advantages (CSAs), Firm-Specific Advantages (FSAs), Internationalization, Multinational Firms

Zhang, H. (2016) Literature Review on Country-Specific Advantage. Journal of Service Science and Management, 9, 111-118. doi: 10.4236/jssm.2016.92014.