KNOWLEDGE, TREPRENEURSHIP, AND CAPABILITIES: REVISING THE THEORY OF THE MNE

Abstract

The paper begins by briefly presenting the “eclectic” perspective on the multinational enterprise (MNE), then shows how the addition of the concepts of entrepreneurship, knowledge management, and dynamic capabilities provides a more useful set of variables for theorizing about the MNE. The normative conclusion advanced is that entrepreneurial management, knowledge awareness, and strong dynamic capabilities are necessary to sustain superior MNE performance in fast-moving global environments.