La expansión interregional en Iberoamérica: la creación de valor a través de filiales trampolín
-
1
Universitat de València
info
ISSN: 0019-977X, 2340-8790
Year of publication: 2019
Issue Title: Multinacionales en un cambiante contexto internacional
Issue: 909
Pages: 75-91
Type: Article
More publications in: Información Comercial Española, ICE: Revista de economía
Abstract
Recientemente, desde el sector empresarial han surgido diferentes afirmaciones destacando el valor intangible que España podría ofrecer como «trampolín» en el proceso de expansión interregional de las multinacionales europeas hacia Latinoamérica. En este estudio dotamos de contenido teórico y empírico a esta realidad, ofreciendo una visión general de las características de las filiales trampolín mediante una muestra de 188 filiales localizadas en España. Con este trabajo pretendemos aportar directrices a la práctica empresarial que faciliten la legitimidad en sus inversiones en otras regiones, especialmente en países emergentes donde existe un mayor riesgo de pérdida de valor.
Bibliographic References
- Alfoldi, E. A., Clegg, L. J., & McGaughey, S. L. (2012). Coordination at the edge of the empire: The delegation of headquarters functions through regional management mandates. Journal of International Management, 18(3), 276-292.
- Andersson, U., & Forsgren, M. (2000). In search of centre of excellence: Network embeddedness and subsidiary roles in multinational corporations. MIR: Management International Review, 329-350.
- Andersson, U., Forsgren, M., & Holm, U. (2007). Balancing subsidiary influence in the federative MNC: A business network view. Journal of International Business Studies, 38(5), 802-818.
- Asmussen, C. G., & Goerzen, A. (2013). Unpacking dimensions of foreignness: Firm-specific capabilities and international dispersion in regional, cultural, and institutional space. Global Strategy Journal, 3(2), 127-149.
- Asmussen, C. G., Foss, N. J., & Pedersen, T. (2013). Knowledge transfer and accommodation effects in multinational corporations: evidence from European subsidiaries. Journal of Management, 39(6), 1397-1429.
- Birkinshaw, J. (1997). Entrepreneurship in multinational corporations: The characteristics of subsidiary initiatives. Strategic Management Journal, 18(3), 207-229.
- Birkinshaw, J., Hood, N., & Jonsson, S. (1998). Building firm-specific advantages in multinational corporations: the role of subsidiary initiative. Strategic Management Journal, 19(3), 221-242.
- Birkinshaw, J., & Hood, N. (2000). Characteristics of foreign subsidiaries in industry clusters. Journal of International Business Studies, 31(1), 141-154.
- Birkinshaw, J., Bouquet, C., & Ambos, T. C. (2007). Managing executive attention in the global company. MIT Sloan Management Review, 48(4), 39.
- Campbell, A., & Szulanski, G. (2016). Knowing when corporate headquarters adds rather than subtracts value. McKinsey Quarterly, January, 1-8.
- Cantwell, J., & Mudambi, R. (2005). MNE competencecreating subsidiary mandates. Strategic Management Journal, 26(12), 1109-1128.
- Chakravarty, D., Hsieh, Y., Schotter, A. P. J., & Beamish, P. (2017). Multinational enterprise regional management centres: Characteristics and performance. Journal of World Business, 52, 296-311.
- Economic Commission for Latin America and the Caribbean (ECLAC) (2018). Foreign Direct Investment in Latin America and the Caribbean, (LC/PUB.2018/13-P), Santiago.
- Eriksson, K., Johanson, J., Majkgård, A., & Sharma, D. D. (1997). Experiential knowledge and costs in the internationalization process. Journal of International Business Studies, 28(2), 337-360.
- Forsgren, M., Holm, U., & Johanson, J. (2005). Managing the embedded multinational: A business network view. Edward Elgar Publishing.
- Frost, T. S., Birkinshaw, J. M., & Ensign, P. C. (2002). Centers of excellence in multinational corporations. Strategic Management Journal, 23(11), 997-1018.
- Gammelgaard, J., McDonald, F., Stephan, A., Tüselmann, H., & Dörrenbächer, C. (2012). The impact of increases in subsidiary autonomy and network relationships on performance. International Business Review, 21(6), 1158-1172.
- Global LATAM (2018). Series on Foreign Direct Investment. ICEX-Invest in Spain.
- Grant, R. M. (1996). Toward a knowledge-based theory of the firm. Strategic Management Journal, 17(2), 109-122.
- Gupta, A. K., & Govindarajan, V. (1991). Knowledge flows and the structure of control within multinational corporations. Academy of Management Review, 16(4), 768-792.
- Gupta, A. K., & Govindarajan, V. (2000). Knowledge flows within multinational corporations. Strategic Management Journal, 21(4), 473-496.
- Harzing, A. W., & Noorderhaven, N. (2006). Knowledge flows in MNCs: An empirical test and extension of Gupta and Govindarajan’s typology of subsidiary roles. International Business Review, 15(3), 195-214.
- Hoenen, A. K., Nell, P. C., & Ambos, B. (2014). MNE entrepreneurial capabilities at intermediate levels: the roles of external embeddedness and heterogeneous environments. Long Range Planning, 47, 76-86.
- Holm, U., Pedersen, T., & Björkman, I. (2000). The emergence and impact of MNC centres of excellence. Basingstoke, UK.
- ICEX (2019). Spain: your partner in Europe. Business Opportunities. ICEX-Invest in Spain.
- Johanson, J. & 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.
- Johanson, J., & Vahlne, J. E. (2009). The Uppsala internationalization process model revisited: From liability of foreignness to liability of outsidership. Journal of International Business Studies, 40(9), 1411-1431.
- Lasserre, P. (1996). Regional headquarters: The spearhead for Asia Pacific markets. Long Range Planning, 29(1), 30-37.
- Lin, W. T., Cheng, K. Y., & Liu, Y. (2009). Organizational slack and firm´s internationalization: A longitudinal study of hightechnology firms. Journal of World Business, 44(4), 397-406.
- March, J. G. (1991). Exploration and exploitation in organizational learning. Organization Science, 2(1), 71-87.
- Mishina, Y., Pollock, T. G., & Porac, J. (2004). Are more resources always better for growth? Resource stickiness in market and product expansion. Strategic Management Journal, 25, 1179-1197.
- Palmié, M., Keupp, M., & Gassmann, O. (2014). Pull the right levers: Creating internationally “Useful” subsidiary competence by organizational architecture. Long Range Planning, 47, 32-48.
- Pla-Barber, J., & Camps, J. (2012). Springboarding: a new geographical landscape for European foreign investment in Latin America. Journal of Economic Geography, 12, 519-538.
- Pla-Barber, J., Villar, C., & Madhok, A. (2018). Co-parenting through subsidiaries: A model of value creation in the multinational firm. Global Strategy Journal, 8(4), 536-562.
- Prahalad, C. K., & Bhattacharyya, H. (2008). Twenty Hubs and No HQ-A new form of global organization grounded in “gateway” countries can allow a company to operate profitably around the world. Strategy and Business, (50), 24.
- Qian, G., Li, L., & Rugman, A. M. (2013). Liability of country foreignness and liability of regional foreignness: Their effects on geographic diversification and firm performance. Journal of International Business Studies, 44(6), 635-647.
- Rugman, A., & Verbeke, A. (2001). Subsidiary-specific advantages in Multinational Enterprises. Strategic Management Journal, 22(3), 237-250.
- Rugman, A. M., & Verbeke, A. (2003). Extending the theory of the multinational enterprise: Internalization and strategic management perspectives. Journal of International Business Studies, 34(2), 125-137.
- Schleimer, S. C., & Pedersen, T. (2014). The effects of MNC parent effort and social structure on subsidiary absorptive capacity. Journal of International Business Studies, 45(3), 303-320.
- Verbeke, A., & Yuan, W. (2013). The drivers of multinational enterprise subsidiary entrepreneurship in China: A new resource-based view perspective. Journal of Management Studies, 50(2), 236-258.
- Verbeke, A., & Asmussen, C. G. (2016). Global, Local, or Regional? The Locus of MNE Strategies. Journal of Management Studies, 53(6), 1051-1075.
- Verbeke, A., & Yuan, W. (2018). The dynamics of multinational enterprise subsidiary roles in an era of regionalization. In The Routledge Companion to the Geography of International Business (pp. 112-130). Routledge.