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 R. Dzedek develops a comprehensive framework to help explain how the setting
in which a foreign subsidiary operates impacts its entrepreneurial initiatives and outcomes.
The author conducts an empirical investigation in 14 foreign units of two large MNCs and offers
detailed case studies with rich insights into entrepreneurial subsidiary activities.
