`A major contribution of this exciting book is the perspective of the subsidiary manager operating network... In its extreme version this means that all managers are subsidiary managers… challenging those who still view multinationals as hierarchies. With exceptional clarity of thought and writing, Julian Birkinshaw stakes out the ground as a major new thinker of the fields of international business and strategic management ' - Alan Rugman, Templeton College, University of Oxford Much current literature on globalization and competition focuses on the external environment in which firms operate. Julian Birkinshaw's book looks within international firms at the dynamics that affect their growth and position. Are

Perspectives on the Theory of Entrepreneurship
Perspectives on the theory of entrepreneurship

This chapter takes the raw ideas presented in Chapters 2 to 4 and examines them in terms of the literature on entrepreneurship. As will become clear, most of the traditional approaches to studying entrepreneurship offer an incomplete explanation of initiative within the large MNC. Thus the objective here is both to identify the areas where theory falls short, and to put forward an alternative perspective that better captures the empirical reality. The chapter is in two main parts. In the first part the various theories are reviewed. In the second part a number of new ideas are discussed.

Theories of Entrepreneurship

As a means of putting some structure on the literature on entrepreneurship, let us begin ...

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