Theoretical background
Abstract:
In this chapter, we review literature on MNC development strategies, including the study of MNC strategic management theory, MNC growth and development strategy, and cross-country perspectives. We also review works on the strategy of MNC overseas subsidiaries, including strategy–structure theory, the studies on the relationship between the parent and subsidiary companies, and the studies on subsidiaries’ development.
Key words
MNC development strategies
MNC strategic management
strategy–structure theory
parent company
subsidiaries
The theory of MNCs originated in response to the rapid development of Western multinational corporations after the Second World War (Hymer, 1996; Dunning, 1977; Lin, 1984). The ...
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