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Entrepreneurship in multinational enterprises: A Penrosean perspective

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Abstract and Key Results

  • 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.

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Authors and Affiliations

  1. Haskayne School of Business, University of Calgary, Canada

    Alain Verbeke (McCaig Chair in Management, Strategy and Global Management Area, Associate Fellow) &  Wenlong Yuan (Research Associate, Strategy and Global Management Area)

  2. Templeton College, University of Oxford, Oxford, UK

    Alain Verbeke (McCaig Chair in Management, Strategy and Global Management Area, Associate Fellow)

  3. Solvay Business School, Vrije Universiteit Brussel (VUB), Brussels, Belgium

    Alain Verbeke (McCaig Chair in Management, Strategy and Global Management Area, Associate Fellow)

Authors
  1. Alain Verbeke
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  2. Wenlong Yuan
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Verbeke, A., Yuan, W. Entrepreneurship in multinational enterprises: A Penrosean perspective. MANAGE. INT. REV. 47, 241–258 (2007). https://doi.org/10.1007/s11575-007-0014-4

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  • DOI: https://doi.org/10.1007/s11575-007-0014-4

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