Entrepreneurship in multinational enterprises: A Penrosean perspective View Full Text


Ontology type: schema:ScholarlyArticle     


Article Info

DATE

2007-03

AUTHORS

Alain Verbeke, Wenlong Yuan

ABSTRACT

This paper applies Penrose’s (1959) insights on the quantity of managerial services required for firm-level organic expansion to the analysis of entrepreneurial activities in MNEs.We use these insights to build a framework relevant to entrepreneurial activities in MNEs, and then apply this framework to assess the metanational model (Doz/Santos/Williamson 2001) in terms of the quantity of managerial services required to implement it.Penrose’s (1959) insights on firm-level growth processes are still relevant to the analysis of entrepreneurial activities in MNEs.The quantity of managerial services required for the effective functioning of the metanational model appears to be particularly high, and the benefits of this model should therefore be carefully weighed against the potential costs. This paper applies Penrose’s (1959) insights on the quantity of managerial services required for firm-level organic expansion to the analysis of entrepreneurial activities in MNEs. We use these insights to build a framework relevant to entrepreneurial activities in MNEs, and then apply this framework to assess the metanational model (Doz/Santos/Williamson 2001) in terms of the quantity of managerial services required to implement it. Penrose’s (1959) insights on firm-level growth processes are still relevant to the analysis of entrepreneurial activities in MNEs. The quantity of managerial services required for the effective functioning of the metanational model appears to be particularly high, and the benefits of this model should therefore be carefully weighed against the potential costs. More... »

PAGES

241-258

References to SciGraph publications

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/s11575-007-0014-4

DOI

http://dx.doi.org/10.1007/s11575-007-0014-4

DIMENSIONS

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