Dynamic capabilities for hire - How former host-country entrepreneurs as MNC subsidiary managers affect performance

• 成果类型: Article
• 署名作者: Distel, Andreas P.; Sofka, Wolfgang; de Faria, Pedro; Preto, Miguel Torres; Ribeiro, Antonio Sergio
• 署名单位: Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; Ludwig Boltzmann Institute; Copenhagen Business School; University of Liverpool; University of Groningen; Universidade de Lisboa; Universidade de Lisboa
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/s41267-019-00274-0
• 发表日期: 2022
• 页码: 657-688
• 关键词: MNC subsidiaries; DYNAMIC CAPABILITIES; entrepreneurship; microfoundations; subsidiary managers; entrepreneurial experience; Entropy balancing

摘要

MNC subsidiaries benefit from managers with entrepreneurial skills for finding superior combinations of MNC and host-country resources. However, such management skills are scarce. We reason that subsidiaries can improve their performance by hiring host-country entrepreneurs as managers since they develop similar skills in start-ups. Our theoretical model integrates mechanisms from entrepreneurial experience into theory on the microfoundations of dynamic capabilities. We test and support our prediction using longitudinal employer-employee data for 5587 foreign MNC subsidiaries in Portugal. Further, we show that performance effects are weaker when a subsidiary's management is internationally diverse and stronger in dynamic host-country environments.