A Study on the Relationship of a Strategic Asset
Seeking Subsidiary with MNC Headquarter
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Tai-Ning Yang and Chuan-Lin Kang, Chinese Culture University, Taiwan
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ABSTRACT (Title:
10pt: Centered: Captial: Bold)
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Based on the research on the Taiwan-based MNCs with strategic knowledge asset-seeking
foreign investment, this study found that the degree of autonomy of a strategic assets-seeking
subsidiary has a direct and significant positive correlation with the profusion of the subsidiary
owned strategic assets. It is also found that the embeddedness of the local context of the host
country subsidiary is an intervening variable. Furthermore, the phenomenon of the parent
company’s corporate immune system will be directly affected by the increase in autonomy of
subsidiary; in addition, the degree of autonomy of subsidiary will be affected by the subsidiary
owned strategic assets and the embeddedness of local context of the host subsidiary. Dunning
(2001) indicated that the recent business environment has been significantly changed more
than ten years. Multinational corporation’s (MNC) strategic assets-seeking foreign direct
investment (FDI) has become not only the use of the ownership-specific advantages of firms,
but also a main method of strengthening the development of its ownership advantage to raise
its international competitiveness, owing to rapid technology evolution, severer competition
business faces from rival, the opening of new markets and the increasing international transfer
of firm-specific assets. The competence development of an organization is seen as crucial to
the long term survival of corporation and company success on the market.
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INTRODUCTION
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(Text: 10pt: Roman Times font: Justified: Indentation: 0.5 inches)
Based on the research on the Taiwan-based MNCs with strategic knowledge asset-seeking
foreign investment, this study found that the degree of autonomy of a strategic assets-seeking
subsidiary has a direct and significant positive correlation with the profusion of the subsidiary
owned strategic assets. It is also found that the embeddedness of the local context of the host
country subsidiary is an intervening variable. Furthermore, the phenomenon of the parent
company’s corporate immune system will be directly affected by the increase in autonomy of
subsidiary; in addition, the degree of autonomy of subsidiary will be affected by the subsidiary
owned strategic assets and the embeddedness of local context of the host subsidiary. Dunning
(2001) indicated that the recent business environment has been significantly changed more
than ten years. Multinational corporation’s (MNC) strategic assets-seeking foreign direct
investment (FDI) has become not only the use of the ownership-specific advantages of firms,
but also a main method of strengthening the development of its ownership advantage to raise
its international competitiveness, owing to rapid technology evolution, severer competition
business faces from rival, the opening of new markets and the increasing international transfer
of firm-specific assets. The competence development of an organization is seen as crucial to
the long term survival of corporation and company success on the market.
(one space)
Culture (Sub-Title: 10pt: Aligned Left: Title Case: Bold)
(Text: 10pt: Roman Times font: Justified: Indentation: 0.5 inches)
Based on the research on the Taiwan-based MNCs with strategic knowledge asset-seeking
foreign investment, this study found that the degree of autonomy of a strategic assets-seeking
subsidiary has a direct and significant positive correlation with the profusion of the subsidiary
owned strategic assets. It is also found that the embeddedness of the local context of the host
country subsidiary is an intervening variable. Furthermore, the phenomenon of the parent
company’s corporate immune system will be directly affected by the increase in autonomy of
subsidiary; in addition, the degree of autonomy of subsidiary will be affected by the subsidiary
owned strategic assets and the embeddedness of local context of the host subsidiary. Dunning
(2001) indicated that the recent business environment has been significantly changed more
than ten years. Multinational corporation’s (MNC) strategic assets-seeking foreign direct
investment (FDI) has become not only the use of the ownership-specific advantages of firms,
but also a main method of strengthening the development of its ownership advantage to raise
its international competitiveness, owing to rapid technology evolution, severer competition
business faces from rival, the opening of new markets and the increasing international transfer
of firm-specific assets. The competence development of an organization is seen as crucial to
the long term survival of corporation and company success on the market.
(one space)
Behavior (Sub-Title: 10pt: Aligned Left: Title Case: Bold)
(Text: 10pt: Roman Times font: Justified: Indentation: 0.5 inches)
Based on the research on the Taiwan-based MNCs with strategic knowledge asset-seeking
foreign investment, this study found that the degree of autonomy of a strategic assets-seeking
subsidiary has a direct and significant positive correlation with the profusion of the subsidiary
owned strategic assets. It is also found that the embeddedness of the local context of the host
country subsidiary is an intervening variable. Furthermore, the phenomenon of the parent
company’s corporate immune system will be directly affected by the increase in autonomy of
subsidiary; in addition, the degree of autonomy of subsidiary will be affected by the subsidiary
owned strategic assets and the embeddedness of local context of the host subsidiary. Dunning
(2001) indicated that the recent business environment has been significantly changed more
than ten years. Multinational corporation’s (MNC) strategic assets-seeking foreign direct
investment (FDI) has become not only the use of the ownership-specific advantages of firms,
but also a main method of strengthening the development of its ownership advantage to raise
its international competitiveness, owing to rapid technology evolution, severer competition
business faces from rival, the opening of new markets and the increasing international transfer
of firm-specific assets. The competence development of an organization is seen as crucial to
the long term survival of corporation and company success on the market.
LIMITATION OF THE STUDY AND FUTURE STUDIES
(Title: 10pt: Centered: Capital: Bold)
(Text: 10pt: Roman Times font: Justified: Indentation: 0.5 inches)
Based on the research on the Taiwan-based MNCs with strategic knowledge asset-seeking
foreign investment, this study found that the degree of autonomy of a strategic assets-seeking
subsidiary has a direct and significant positive correlation with the profusion of the subsidiary
owned strategic assets. It is also found that the embeddedness of the local context of the host
country subsidiary is an intervening variable. Furthermore, the phenomenon of the parent
company’s corporate immune system will be directly affected by the increase in autonomy of
subsidiary; in addition, the degree of autonomy of subsidiary will be affected by the subsidiary
owned strategic assets and the embeddedness of local context of the host subsidiary. Dunning
(2001) indicated that the recent business environment has been significantly changed more
than ten years. Multinational corporation’s (MNC) strategic assets-seeking foreign direct
investment (FDI) has become not only the use of the ownership-specific advantages of firms,
but also a main method of strengthening the development of its ownership advantage to raise
its international competitiveness, owing to rapid technology evolution, severer competition
business faces from rival, the opening of new markets and the increasing international transfer
of firm-specific assets. The competence development of an organization is seen as crucial to
the long term survival of corporation and company success on the market.
REFERENCES (10pt:
Centered: Bold: Capital)
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Adler, N. J.(1983). Cross-Cultural Management Research: The Ostrich and the Trend. Academy of Management Review, 8, 226-232.