Technology Sourcing and Performance of Foreign Subsidiaries in Greece: The Impact of MNE and Local Environmental Contexts |
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Authors: | Dimitris Manolopoulos Pavlos Dimitratos Stephen Young Spyros Lioukas |
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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 |
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Abstract: |
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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.
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A questionnaire-based survey was carried out on 88 subsidiaries located in Greece and results were derived through the use
of ordered probit analysis.
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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.
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Keywords: | Foreign Subsidiary Technology Sourcing Performance MNE Local Environment |
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