A Research on the Development of Subsidiaries of Multinational Corporations
Zheng Sheng Han
Abstract
Zheng Sheng Han
Abstract
With the changes of the role of subsidiaries in the expanding of multinational corporations,researches on their development have become a hot issue in international business.In multinational network,foreign subsidiaries are seen as means to assimilate new capabilities from their local,external network and integrate these capabilities into the multinational corporation.The changes of the role and statue of subsidiaries as well as their development are of great help to understand the change of MNC global strategy and provide China's enterprises with theoretical references to improve their operation capacity.
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With the changes of the role of subsidiaries in the expanding of multinational corporations,researches on their development have become a hot issue in international business.In multinational network,foreign subsidiaries are seen as means to assimilate new capabilities from their local,external network and integrate these capabilities into the multinational corporation.The changes of the role and statue of subsidiaries as well as their development are of great help to understand the change of MNC global strategy and provide China's enterprises with theoretical references to improve their operation capacity.
Key concepts: Multinational corporation, Subsidiary, Business, China, Industrial organization, International trade, Political science, Law