Multinational Corporate Evolution and Subsidiary Development
This book is one of the first to specifically address the subsidiary development process - a phenomenon by which multinational company subsidiaries enhance their resources and capabilities. It shows how this process is integral to multinational corporate
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Previous books involving Neil Hood Hood, N. and S. Young (eds) (1979) The Economics of Multinational Enterprise Hood, N. and S. Young (eds) (1984) Industry, Policy and the Scottish Economy Young, S., N. Hood and J. Hamill (1988) Foreign Multinationals and the British Economy Hood, N. and J. -E. Vahlne (eds) (I 988) Strategies in Global Competition Hood, N., R. Kilis and J. -E. Vahlne (eds) (1997) Transition in the Baltic States
Multinational Corporate Evolution and Subsidiary Development Edited by
Julian Birkinshaw and Neil Hood
First published in Great Britain 1998 by
MACMILLAN PRESS LTD
Houndmills, Basingstoke, Hampshire RG21 6XS and London Companies and representatives throughout the world A catalogue record for this book is available from the British Library. ISBN 978-1-349-26469-8 ISBN 978-1-349-26467-4 (eBook) DOI 10.1007/978-1-349-26467-4 First published in the United States of America 1998 by
ST. MARTIN'S PRESS, INC.,
Scholarly and Reference Division, 175 Fifth Avenue, New York, N.Y. 10010
ISBN 978-0-312-21471-5 Library of Congress Cataloging-in-Publication Data Multinational corporate evolution and subsidiary development I edited by Julian Birkinshaw and Neil Hood. p. em. Includes bibliographical references and index.
ISBN 978-0-312-21471-5
I. International business enterprise. 2. Corporations, Foreign. 3. Subsidiary corporations. 4. International trade. 5. Competition, International. I. Birkinshaw, Julian M. II. Hood, Neil. HD2755.5.M819 1998 658'.049-dc21 98-5593 CIP Selection, editorial matter and Chapters I and 14 ©Julian Birkinshaw and Neil Hood 1998 Individual chapters (in order) ©James H. Taggart; Marina Papanastassiou and Robert Pearce; Trond Rand0y and Jiatao Li; Hellmut Schutte; Mats Forsgren and Torben Pedersen; Bernard Surlemont; Luciano Fratocchi and Ulf Holm; William G. Egelhoff; Liam Gorman and Stephen McCormick; Ed Delany; Julian Birkinshaw; Sea-Jin Chang and Philip M. Rosenzweig; Schon Beechler, Allan Bird and Sully Taylor 1998
Softcover reprint of the hardcover 1st edition 1998 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London WI P 9HE. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. 10 07
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To the memory of Gunnar Hedlund, one of the leading international business scholars of his generat
