Multinational Enterprises and Local Contexts: The Opportunities and Challenges of Multiple Embeddedness

Journal of Management Studies

Volumn 48, Issue 2, 2011, Pages 235-252

  Meyer, Klaus E ^a   Mudambi, Ram ^b   Narula, Rajneesh ^c  

^a UNIVERSITY OF BATH   (United Kingdom)

^b TEMPLE UNIVERSITY   (United States)

^c UNIVERSITY OF READING   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 79951559528     PISSN: 00222380     EISSN: 14676486     Source Type: Journal    
DOI: 10.1111/j.1467-6486.2010.00968.x     Document Type: Article

References (93)

1. Anand, J. and Delios, A. (2002). 'Relative resources as determinants of international acquisitions'. Strategic Management Journal, 23, 119-34.
2. Andersson, U. and Pahlberg, C. (1997). 'Subsidiary influence on strategic behaviour in MNCs: an empirical study'. International Business Review, 6, 319-34.
3. Andersson, U., Forsgren, M. and Holm, U. (2002). 'The strategic impact of external networks: subsidiary performance and competence development in the multinational corporation'. Strategic Management Journal, 23, 979-96.
4. Andersson, U., Forsgren, M. and Holm, U. (2007). 'Balancing subsidiary influence in the federative MNC: a business network view'. Journal of International Business Studies, 38, 802-18.
5. Astley, W. G. and Zajac, E. (1990). 'Beyond dyadic exchange: functional interdependence and sub-unit power'. Organization Studies, 11, 481-501.
6. Bartlett, C. A. and Ghoshal, S. (1988). 'Organizing for worldwide effectiveness: the transnational solution'. California Management Review, 31, 54-74.
7. Benito, G. R. G. (2005). 'Divestment and international business strategy'. Journal of Economic Geography, 5, 235-51.
8. Benito, G. R. G., Lunnan, R. and Tomassen, S. (2011). 'Distant encounters of the third kind: multinational companies locating divisional headquarters abroad'. Journal of Management Studies, 48, 373-94.
9. Bevan, A. A., Estrin, S. and Meyer, K. E. (2004). 'Institution building and the integration of Eastern Europe in international production'. International Business Review, 13, 43-64.
10. Birkinshaw, J. and Hood, N. (1998). 'Multinational subsidiary evolution: capability and charter change in foreign-owned subsidiary companies'. Academy of Management Review, 23, 773-95.
11. Brouthers, K. D. and Hennart, J.-F. (2007). 'Boundaries of the firm: insights from international entry mode research'. Journal of Management, 33, 395-425.
12. Buckley, P. J. and Casson, M. C. (1976). The Future of Multinational Enterprise. London: Macmillan.
13. Cantwell, J. A. and Mudambi, R. (2005). 'MNE competence-creating subsidiary mandates'. Strategic Management Journal, 26, 1109-28.
14. Clark, E. and Geppert, M. (2011). 'Subsidiary integration as identity construction and institution building: a political sensemaking approach'. Journal of Management Studies, 48, 395-416.
15. Coff, R. (1999). 'When competitive advantage doesn't lead to performance: the resource-based view and stakeholder bargaining power'. Organization Science, 10, 119-33.
16. Collinson, S. and Wilson, D. C. (2006). 'Inertia in Japanese organizations: knowledge management routines and failure to innovate'. Organization Studies, 27, 1359-87.
17. Criscuolo, P. and Narula, R. (2007). 'Using multi-hub structures for international R&D: organisational inertia and the challenges of implementation'. Management International Review, 47, 639-60.
18. Cuervo-Cazurra, A. and Genc, M. E. (2011). 'Obligating, pressuring, and supporting dimensions of the environment and the non-market advantages of developing-country multinational companies'. Journal of Management Studies, 48, 441-55.
19. Dawar, N. and Chattopadhay, A. (2002). 'Rethinking marketing programs for emerging markets'. Long Range Planning, 35, 457-74.
20. Dicken, P. (2003). Global Shift: Reshaping the Global Economic Map in the 21st Century. London: Sage.
21. DiMaggio, P. J. and Powell, W. W. (1983). 'The iron cage revisited: institutional isomorphism and collective rationality in organizational fields'. American Sociological Review, 48, 147-60.
22. Doz, Y. and Prahalad, C. K. (1984). 'Patterns of strategic control within multinational corporations'. Journal of International Business Studies, 15, 55-72.
23. Dunning, J. H. (1988). Explaining International Production. London: Unwin Hyman.
24. Dunning, J. H. (1998). 'Location and the multinational enterprise: a neglected factor?'. Journal of International Business Studies, 29, 45-66.
25. Dunning, J. H. and Lundan, S. (2008). Multinational Enterprises and the Global Economy, 2nd edition. Cheltenham: Edward Elgar.
26. Estrin, S., Baghdasaryan, D. and Meyer, K. E. (2009). 'The impact of institutional and human resource distance on international entry strategies'. Journal of Management Studies, 46, 1171-96.
27. Figueiredo, P. (2011). 'The role of dual embeddedness in the innovative performance of MNE subsidiaries: evidence from Brazil'. Journal of Management Studies, 48, 417-40.
28. Fjeldstad, Ø. D. and Sasson, A. (in press). 'Membership matters: on the value of being embedded in customer networks'. Journal of Management Studies, in press (DOI 10.1111/j.1467-6486.2009.00901.x).
29. Forsgren, M., Holm, U. and Johanson, J. (2007). Managing the Embedded MNC: A Business Network View. Cheltenham: Edward Elgar.
30. Foss, K. and Foss, N. J. (2005). 'Resources and transactions costs: how property rights economics furthers the resource-based view'. Strategic Management Journal, 26, 541-53.
31. Foss, N. J., Husted, K. and Michailova, S. (2010). 'Governing knowledge sharing in organizations: levels of analysis, governance mechanisms and research directions'. Journal of Management Studies, 47, 555-82.
32. Friedman, T. L. (2005). The World Is Flat: A Brief History of the Twenty-First Century. New York: Farrar, Straus and Giroux.
33. Fukuyama, F. (1992). The End of History and the Last Man. New York: The Free Press.
34. Gamble, J. (2010). 'Transferring organizational practices and the dynamics of hybridization: Japanese retail multinationals in China'. Journal of Management Studies, 47, 705-32.
35. Gertler, M. (2003). 'Tacit knowledge and the economic geography of context, or the undefinable tacitness of being (there)'. Journal of Economic Geography, 3, 75-99.
36. Ghemawat, P. (2007). Redefining Global Strategy. Boston, MA: Harvard Business School Press.
37. Globerman, S. and Shapiro, D. (2003). 'Governance infrastructure and foreign direct investment'. Journal of International Business Studies, 34, 19-39.
38. Gooderham, P., Minbaeva, D. and Pedersen, T. (in press). 'Governance mechanisms for the promotion of social capital for knowledge transfer in multinational corporations'. Journal of Management Studies, in press (DOI 10.1111/j.1467-6486.2010.00910.x).
39. Greenwood, R., Morris, T., Fairclough, S., and Boussebaa, M. (2010). 'The organizational design of transnational professional service firms'. Organizational Dynamics, 39, 173-83.
40. Guillén, M. (2001). The Limits of Convergence: Globalization and Organizational Change in Argentina, South Korea and Spain. Princeton, NJ: Princeton University Press.
41. Gupta, A. and Govindarajan and V. (2000). 'Knowledge flows within multinational corporations'. Strategic Management Journal, 21, 473-96.
42. Harzing, A.-W. (2002). 'Acquisitions versus greenfield investments: international strategy and management of entry modes'. Strategic Management Journal, 23, 211-27.
43. Hedlund, G. (1986). 'The hypermodern MNC: a hetararchy?'. Human Resource Management, 25, 9-35.
44. Hofstede, G. (1980). Culture's Consequences: International Differences in Work-Related Values. Newbury Park, CA: Sage.
45. Holm, U. and Pedersen, T. (2000). The Emergence and Impact of MNC Centres of Excellence: A Subsidiary Perspective. London: Palgrave.
46. Hutzschenreuter, T., Voll, J. C. and Verbeke, A. (2011). 'The impact of added cultural distance and cultural diversity on international expansion patterns: a Penrosean perspective'. Journal of Management Studies, 48, 305-29.
47. Jensen, P. D. Ø. and Pedersen, T. (2011). 'The economic geography of offshoring: the fit between activities and local context'. Journal of Management Studies, 48, 352-72.
48. Johanson, J. and Vahlne, J.-E. (1977). 'The internationalization process of the firm: a model of knowledge development and increasing foreign market commitments'. Journal of International Business Studies, 8, 23-32.
49. Jones, G. (2005). Multinationals and Global Capitalism: From the Nineteenth Century to the Twenty-First Century. Oxford: Oxford University Press.
50. Khanna, T. and Palepu, K. (2000). 'The future of business groups in emerging markets: long-run evidence from Chile'. Academy of Management Journal, 43, 268-85.
51. Kobrin, S. (1991). 'An empirical analysis of the determinants of global integration'. Strategic Management Journal, 12, Special Issue, 17-31.
52. Kogut, B. and Singh, H. (1988). 'The effect of national culture on the choice of entry mode'. Journal of International Business Studies, 19, 411-32.
53. Kostova, T. (1999). 'Transnational transfer of strategic organizational practices: a contextual perspective'. Academy of Management Review, 24, 308-24.
54. La Porta, R., Lopez de Silanes, F., Shleifer, A. and Vishny, R. (1998). 'Law and finance'. Journal of Political Economy, 106, 1113-55.
55. Lev, B. (2001). Intangibles: Management, Measurement and Reporting. Washington, DC: The Brookings Institution Press.
56. Levitt, T. (1983). 'The globalization of markets'. Harvard Business Review, 61, 92-102.
57. Lorenzoni, G. and Lipparini, A. (1999). 'The leveraging of inter-firm relationships as a distinctive organizational capability: a longitudinal study'. Strategic Management Journal, 20, 317-38.
58. Lu, J. and Beamish, P. (2004). 'International diversification and firm performance: the S-curve hypothesis'. Academy of Management Journal, 47, 598-609.
59. McCann, P. and Mudambi, R. (2005). 'Analytical differences in the economics of geography: the case of the multinational firm'. Environment and Planning A, 37, 1857-76.
60. Meyer, K. E. (2001). 'Institutions, transaction costs and entry mode choice in Eastern Europe'. Journal of International Business Studies, 31, 357-67.
61. Meyer, K. E. and Nguyen, H. V. (2005). 'Foreign investment strategies and sub-national institutions in emerging markets: evidence from Vietnam'. Journal of Management Studies, 42, 63-93.
62. Meyer, K. E., Estrin, S., Bhaumik, S. K. and Peng, M. W. (2009a). 'Institutions, resources, and entry strategies in emerging economies'. Strategic Management Journal, 31, 61-80.
63. Meyer, K. E., Wright, M. and Pruthi, S. (2009b). 'Managing knowledge in foreign entry strategies: a resource-based analysis'. Strategic Management Journal, 30, 557-74.
64. Morck, R. and Yeung, B. (1991). 'Why investors value multinationality'. Journal of Business, 64, 165-87.
65. Mudambi, R. (1998). 'The role of duration in multinational investment strategies'. Journal of International Business Studies, 29, 239-62.
66. Mudambi, R. (2002). 'Knowledge management in multinational firms'. Journal of International Management, 8, 1-9.
67. Mudambi, R. (2008). 'Location, control and innovation in knowledge-intensive industries'. Journal of Economic Geography, 8, 699-725.
68. Mudambi, R. and Navarra, P. (2002). 'Institutions and international business: a theoretical overview'. International Business Review, 11, 635-46.
69. Mudambi, R. and Navarra, P. (2004). 'Is knowledge power? Knowledge flows, subsidiary power and rent-seeking within MNCs'. Journal of International Business Studies, 35, 385-406.
70. Mudambi, R. and Venzin, M. (in press). 'The strategic nexus of offshoring and outsourcing decisions'. Journal of Management Studies, in press.
71. Mudambi, R., Mudambi, S. and Navarra, P. (2007). 'Global innovation in MNCs: the effects of subsidiary self-determination and teamwork'. Journal of Product Innovation Management, 24, 442-55.
72. Narula, R. (2002). 'Innovation systems and "inertia" in R&D location: Norwegian firms and the role of systemic lock-in'. Research Policy, 31, 795-816.
73. Narula, R. (2003). Globalization and Technology. Cambridge: Polity Press.
74. Narula, R. and Dunning, J. H. (2010). 'Multinational enterprises, development and globalisation: some clarifications and a research agenda'. Oxford Development Studies, 38, 263-87.
75. Narula, R. and Santangelo, G. (2009). 'Location, collocation and R&D alliances in the European ICT industry'. Research Policy, 38, 393-403.
76. Nebenzahl, I. D. and Jaffe, E. D. (1997). 'Measuring the joint effect of brand and country image in consumer evaluation of global products'. Journal of Marketing Practice, 3, 190-207.
77. Nohria, N. and Ghoshal, S. (1994). 'Differentiated fit and shared values: alternatives for managing headquarters-subsidiary relations'. Strategic Management Journal, 15, 491-502.
78. North, D. C. (1990). Institutions, Institutional Change and Economic Performance. Cambridge: Cambridge University Press.
79. Ohmae, K. (1989). 'Managing in a borderless world'. Harvard Business Review, 67, 152-61.
80. Pavitt, K. (1998). 'Technologies, products and organization in the innovating firm: what Adam Smith tells us and Joseph Schumpeter doesn't'. Industrial and Corporate Change, 7, 433-52.
81. Peng, M. W. (2003). 'Institutional transitions and strategic choices'. Academy of Management Review, 28, 275-96.
82. Ricardo, D. (1917). The Principles of Political Economy and Taxation. New York: Dutton.
83. Rodrik, D., Subramanian, A. and Trebbi, F. (2004). 'Institutions rule: the primacy of institutions over geography and integration in economic development'. Journal of Economic Growth, 9, 131-65.
84. Rosenzweig, P. M. and Singh, J. V. (1991). 'Organizational environments and the multinational enterprise'. Academy of Management Review, 16, 340-61.
85. Rugman, A. (2003). 'Regional strategy and the demise of globalization'. Journal of International Management, 9, 409-17.
86. Rugman, A., Verbeke, A. and Yuan, W. (2011). 'Re-conceptualizing Bartlett and Ghoshal's classification of national subsidiary roles in the multinational enterprise'. Journal of Management Studies, 48, 253-77.
87. Schwens, C., Eiche, J. and Kabst, R. (2011). 'The moderating impact of informal institutional distance and formal institutional risk on SME entry mode choice'. Journal of Management Studies, 48, 330-51.
88. Scott, W. R. (1987). 'The adolescence of institutional theory'. Administrative Science Quarterly, 32, 493-511.
89. Sundaram, A. K. and Black, J. S. (1992). 'The environment and internal organization of multinational enterprises'. Academy of Management Review, 17, 729-57.
90. Tallman, S. and Chacar, A. S. (2011). 'Knowledge accumulation and dissemination in MNEs: a practice-based framework'. Journal of Management Studies, 48, 278-304.
91. Tan, D. and Meyer, K. E. (2010). 'Business group's outward FDI: a managerial resources perspective'. Journal of International Management, 16, 154-64.
92. Tavares, A. and Young, S. (2005). 'FDI and multinationals: patterns, impacts and policies'. International Journal of the Economics of Business, 12, 3-16.
93. Yang, Q., Mudambi, R. and Meyer, K. E. (2008). 'Convention and reverse knowledge flows in multinational corporations'. Journal of Management, 34, 882-902.