Towards Innovation in Multinational Corporation Subsidiaries: Development of an Instrument to Select and Evaluate Value Driven Strategies

Abstract: This paper examines the complex, interdependent relationship between multinational companies and their subsidiaries. It discusses how subsidiary role development and specific strategic initiatives may add new value to corporations. While previous studies have identified the need for more p...

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Autores principales: Corry,Sinead, Cormican,Kathryn
Lenguaje:English
Publicado: Universidad Alberto Hurtado. Facultad de Economía y Negocios 2019
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242019000100025
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spelling oai:scielo:S0718-272420190001000252019-05-17Towards Innovation in Multinational Corporation Subsidiaries: Development of an Instrument to Select and Evaluate Value Driven StrategiesCorry,SineadCormican,Kathryn Multi-national corporation subsidiary strategy selection and evaluation best practice analysis scorecard Abstract: This paper examines the complex, interdependent relationship between multinational companies and their subsidiaries. It discusses how subsidiary role development and specific strategic initiatives may add new value to corporations. While previous studies have identified the need for more proactive management practices, there are few practical guides available to managers to help them improve their performance. This paper addresses this deficit and contributes new knowledge on subsidiary role development practices in terms of selection and evaluation. Through an in-depth analysis of extant literature, the research developed and tested an instrument that allows decision makers to assess their company against good practice. This instrument (or audit tool) is an accurate, reliable and valid mechanism to measure a subsidiary’s role development strategies.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.14 n.1 20192019-01-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242019000100025en10.4067/S0718-27242019000100025
institution Scielo Chile
collection Scielo Chile
language English
topic Multi-national corporation
subsidiary
strategy selection and evaluation
best practice analysis
scorecard
spellingShingle Multi-national corporation
subsidiary
strategy selection and evaluation
best practice analysis
scorecard
Corry,Sinead
Cormican,Kathryn
Towards Innovation in Multinational Corporation Subsidiaries: Development of an Instrument to Select and Evaluate Value Driven Strategies
description Abstract: This paper examines the complex, interdependent relationship between multinational companies and their subsidiaries. It discusses how subsidiary role development and specific strategic initiatives may add new value to corporations. While previous studies have identified the need for more proactive management practices, there are few practical guides available to managers to help them improve their performance. This paper addresses this deficit and contributes new knowledge on subsidiary role development practices in terms of selection and evaluation. Through an in-depth analysis of extant literature, the research developed and tested an instrument that allows decision makers to assess their company against good practice. This instrument (or audit tool) is an accurate, reliable and valid mechanism to measure a subsidiary’s role development strategies.
author Corry,Sinead
Cormican,Kathryn
author_facet Corry,Sinead
Cormican,Kathryn
author_sort Corry,Sinead
title Towards Innovation in Multinational Corporation Subsidiaries: Development of an Instrument to Select and Evaluate Value Driven Strategies
title_short Towards Innovation in Multinational Corporation Subsidiaries: Development of an Instrument to Select and Evaluate Value Driven Strategies
title_full Towards Innovation in Multinational Corporation Subsidiaries: Development of an Instrument to Select and Evaluate Value Driven Strategies
title_fullStr Towards Innovation in Multinational Corporation Subsidiaries: Development of an Instrument to Select and Evaluate Value Driven Strategies
title_full_unstemmed Towards Innovation in Multinational Corporation Subsidiaries: Development of an Instrument to Select and Evaluate Value Driven Strategies
title_sort towards innovation in multinational corporation subsidiaries: development of an instrument to select and evaluate value driven strategies
publisher Universidad Alberto Hurtado. Facultad de Economía y Negocios
publishDate 2019
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242019000100025
work_keys_str_mv AT corrysinead towardsinnovationinmultinationalcorporationsubsidiariesdevelopmentofaninstrumenttoselectandevaluatevaluedrivenstrategies
AT cormicankathryn towardsinnovationinmultinationalcorporationsubsidiariesdevelopmentofaninstrumenttoselectandevaluatevaluedrivenstrategies
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