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Technology Sourcing and Performance of Foreign Subsidiaries in Greece: The Impact of MNE and Local Environmental Contexts
Authors:Dimitris Manolopoulos  Pavlos Dimitratos  Stephen Young  Spyros Lioukas
Affiliation:(1) Department of International Business and European Affairs, The American College of Greece, Athens, Greece;(2) Department of Management Science & Technology, Athens University of Economics and Business, Athens, Greece;(3) Department of Management, University of Glasgow, Glasgow, Scotland, UK;(4) Department of Management Science & Technology, Athens University of Economics & Business, Athens, Greece
Abstract:
•  The purpose of this study is to investigate the influence of two categories of sources of technology on subsidiary performance. These technology sources can be associated either with the internal Multinational Enterprise (MNE) system; or, the local environment in which the subsidiary is based.
•  A questionnaire-based survey was carried out on 88 subsidiaries located in Greece and results were derived through the use of ordered probit analysis.
•  Internal MNE technology sourcing has a positive impact on subsidiary performance, which is stronger than that of local (Greek) technology sourcing. Contrary to our expectations, technology sourcing linked to the local context primarily has a negative influence on subsidiary performance.
Keywords:Foreign Subsidiary  Technology Sourcing  Performance  MNE  Local Environment
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