국문초록 I. Introduction II. Resource-based theory (RBT) 1. Value 2. Rareness 3. Inimitability 4. Non-substitutable resourses III. Argument of the resourced-based theory (RBT) 1. Relational market-based resources 2. Intellectual market-based resources: Market orientation 3. Home- vs host-country firm resources IV. Research directions V. Conclusion References