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| Author: | Cantwell, J. Mudambi, R. |
| Title: | MNE competence-creating subsidiary mandates |
| Journal: | Strategic Management Journal
2005 : DEC, VOL. 26:12, p. 1109-1128 |
| Index terms: | strategic management multinational companies diversification subsidiary companies R&D United Kingdom |
| Language: | eng |
| Abstract: | The determinants of R&D intensity differ btw. subsidiaries (here as: subs.) in a multinational enterprise (MNE). Using data on U.K. subs. of non-U.K. MNEs, it is found 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 subs. rises with acquisition, but for non-mandated subs. R&D falls upon acquisition. MNEs growing through acquisition have more inter-subsidiary R&D diversity. |
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