New MNE subsidiaries in old clusters: when, why, and how
José Antonio Belso-Martínez (),
María José López-Sánchez () and
Rosario Mateu-García ()
Additional contact information
José Antonio Belso-Martínez: University Miguel Hernandez
María José López-Sánchez: University Miguel Hernandez
Rosario Mateu-García: University Miguel Hernandez
Review of Managerial Science, 2018, vol. 12, issue 2, 441-467
Abstract Despite the rise of globalization, industrial clusters remain vibrant spaces for the generation of knowledge and innovation. Aware of this reality, multinational enterprises (MNEs) seek to reconcile the advantages of international operations with the specific endowments of individual territories. By studying the case of the Inditex subsidiary in the Vinalopó footwear cluster, this research shows how the creation and activity of a specialized subsidiary and the evolution of the industrial system interweave. The study shows that, rather than agglomeration per se, access to specific resources guides location as the cluster matures. Furthermore, local embeddedness shapes post-entry dynamics at the micro and meso levels. Autonomous decisions boost the subsidiary’s access to local networks and the exploitation of cluster advantages, aiding the resilience of the cluster by contributing extra-cluster knowledge.
Keywords: Multinational enterprises (MNEs); Cluster; Location; Footwear; Knowledge (search for similar items in EconPapers)
JEL-codes: F2 D2 R1 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s11846-017-0268-6 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:rvmgts:v:12:y:2018:i:2:d:10.1007_s11846-017-0268-6
Ordering information: This journal article can be ordered from
Access Statistics for this article
Review of Managerial Science is currently edited by R. Ewert and W. Kürsten
More articles in Review of Managerial Science from Springer
Bibliographic data for series maintained by Sonal Shukla ().