Abstract
This study is about active withdrawal utilizing knowledge. When a company expands overseas, it uses the analytical framework accumulated in fields such as multinational corporation theory and international management to enter the local country. However, because of changes in the business environment, overseas expansion does not always proceed as analyzed. Therefore, what we need is“ strategic withdrawal”. The management team does not passively withdraw from overseas markets, but assumes risks related to withdrawal in advance, and if it can carry out active withdrawal, it will lead to sustainable growth and competitive advantage of the company. This study first clarifies the “risk of withdrawal in overseas business” that can be assumed before entering the market and the“ risk of difficulty in withdrawal” that should be assumed after entering the overseas market. Next, this study considers the withdrawal as an active competence restructuring -knowledge-based active withdrawaland reveals the strategic withdrawal process in overseas businesses.
