Abstract
This paper undertakes an exploratory study into the characteristics of entrepreneurial culture of the multinational subsidiary; and, into the associated influences and manifestations linked to multinational corporation (MNC) and environmental contexts. The theme of multinational subsidiary entrepreneurial culture is an unexplored theme in the literature, and has considerable research and managerial significance. This qualitative research is based on eight multinational subsidiaries in the advertising sector in the UK. The evidence suggests that the constituents of multinational subsidiary entrepreneurial culture include global vision, entrepreneurial orientation and entrepreneurial MNC network management. The related influences and manifestations refer to subsidiary autonomy, target market servicing and responsiveness to local environmental conditions. In addition, the findings show that while entrepreneurial behaviour was evident in all investigated subsidiaries, its locus varied significantly. Specifically, entrepreneurship in multinational subsidiaries can be subsidiary-, headquarters-, or jointly-driven.
Original language | English |
---|---|
Pages (from-to) | 549-572 |
Number of pages | 24 |
Journal | International Business Review |
Volume | 16 |
Issue number | 5 |
DOIs | |
Publication status | Published - Oct 2007 |
Keywords
- Advertising
- Entrepreneurial culture
- Locus of entrepreneurship
- Multinational subsidiary
ASJC Scopus subject areas
- Business and International Management
- Finance
- Strategy and Management
- Marketing