ESCP Europe

In the field of international business, it is increasingly recognized that Multinational Corporations (MNCs) can no longer rely on headquarters as the single source of competitive advantage. Therefore, growing interest centers on decentralized entrepreneurial initiatives that originate in their network of foreign subsidiaries. Based on an extensive review of literature, Lars Dezdek develops a comprehensive framework to help explain how the setting in which a foreign subsidiary operates impacts its entrepreneurail initiatives and outcomes. He conducts an empirical investigation in 14 foreign units of two large MNCs and offers detailed case studies with rich insights into entrepreneurial subsidiary activites. @Back cover