Quo Vadis? The Entry into New Technologies in Advanced Foreign Subsidiaries of the Multinational Corporation
(English)Manuscript (preprint) (Other academic)
The international business literature has identified the overall emergence of technologically advanced foreign subsidiaries of the multinational corporation (MNC), but little is known about the extent to which individual subsidiaries are able to sustain their contribution to the technological and strategic renewal of the multinational group. This paper empirically investigates longitudinal patterns in advanced foreign subsidiaries’ entry into technologies that are new to the entire multinational group. Repeated events analysis that draws upon the complete U.S. patenting by 157 foreign subsidiaries of 21 Swedish multinationals over the period 1893-1990 reveals accelerated entry into new technologies, but at moderate hazard rates. The results lend support for established theorizing about the evolution of technological capabilities in foreign subsidiaries, but question extreme views on the growing strategic importance of advanced foreign subsidiaries of the multinational corporation.
Business Administration Social Sciences
Research subject Business Studies
IdentifiersURN: urn:nbn:se:uu:diva-108310OAI: oai:DiVA.org:uu-108310DiVA: diva2:235268