MNE competence-creating subsidiary mandates

成果类型:
Article
署名作者:
Cantwell, J; Mudambi, R
署名单位:
Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick
刊物名称:
STRATEGIC MANAGEMENT JOURNAL
ISSN/ISSBN:
0143-2095
DOI:
10.1002/smj.497
发表日期:
2005
页码:
1109-1128
关键词:
MNEs competence R&D subsidiary entrepreneurship mandates acquisition
摘要:
The determinants of R&D intensity differ between subsidiaries in a multinational enterprise (MNE). Previous literature suggests that whether a subsidiary achieves a competence-creating output mandate depends on the qualities of its location. R&D strategies in competence-creating subsidiaries are supply-driven while those in purely competence-exploiting subsidiaries are demand-driven. Using data on U.K. subsidiaries of non-U.K. MNEs, we find that the level of subsidiary R&D depends on MNE group-level and subsidiary-level characteristics as well as locational factors. The R&D of mandated subsidiaries rises with acquisition, but for non mandated subsidiaries R&D,falls upon acquisition. MNEs that grow through acquisition have more inter-subsidiary R&D diversity. Copyright (c) 2005 John Wiley & Sons, Ltd.