Value Creation at the Subsidiary Level: Testing the MNC Headquarters Parenting Advantage Logic
基于85个创新项目数据，检验跨国公司总部在子公司创新过程中的选择性参与是否带来绩效优势，发现总部参与反而阻碍了创新绩效，并提出四种理论解释。
The purpose of this study is to test the assumptions of the headquarters parenting advantage in multinational firms within the context of subsidiary innovation processes. Specifically, we explore the relationship between the selective involvement of headquarters in both innovation development and transfer processes and their related performance in a data set of 85 innovation projects analysed with structural equation modelling . The findings provide only limited support to the parenting advantage logic as they show that although the headquarters are able to select subsidiary-level strategic innovation processes, their involvement is hampering the performance of these processes. Consequently, we offer new extensions to the reasoning behind the parenting advantage logic by introducing four complementary theoretical explanations for the potentially harmful effects of headquarters' involvement in subsidiary innovation-related activities.