다국적기업 해외자회사의 관계자본이 지식통합 메커니즘 및 현지시장 지식획득에 미치는 영향

In order for a company to secure a competitive advantage, it must build quality resources and enhance its capabilities according to the resource-based theory. Foreign subsidiaries of MNCs are breaking away from the passive role of relying on the HG in the past and are now developing resources in the host country and creating capabilities and performance, thereby enhancing the MNCs’ competitive edge. Foreign subsidiaries of MNCs can develop their capabilities and achieve high performance by forming relational capital such as trust and reciprocity with various local stakeholders. Therefore, this study regarded the relational capital formed by the foreign subsidiary of MNCs with local stakeholders as a foreign subsidiary resource, and the foreign subsidiary's knowledge integration mechanism as a capability, and attempted to analyze the relationship between relational capital, knowledge integration mechanism, and the subsidiary's acquisition of local market knowledge. To examine this, data were collected from 167 foreign subsidiaries of MNCs operating in Korea. Empirical analysis results confirmed that the relational capital between MNCs foreign subsidiary and local stakeholders has an impact on the subsidiary's formal and informal knowledge integration mechanisms, and revealed that these knowledge integration mechanisms affect the foreign subsidiary's acquisition of local market-specific knowledge. In contrast, it was found that relational capital did not directly contribute to subsidiaries acquiring local market-specific knowledge. The results of this study can suggest implications for the resources and capabilities that are absolutely necessary for foreign subsidiaries to acquire and utilize knowledge unique to the local market.