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首页> 外文期刊>European journal of international management >The circular relationship between geographical and product diversification in Spanish MNEs
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The circular relationship between geographical and product diversification in Spanish MNEs

机译：西班牙跨国公司地理和产品多样化之间的循环关系

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摘要

Diversification as a strategic response to global opportunities has become increasingly important for firms. Drawing on the Resource Based View of the Firm, this paper investigates these strategies by analysing a circular relationship between product and geographical diversification. The results, obtained from a sample of leading Spanish multinational firms, suggest that adaptation to a wide range of different countries hinders the necessary coordination of activities that related product diversification requires and vice-versa. In contrast, unrelated diversification strategies can provide financial synergies, experience and flexibility, which help the process of internationalisation. Simultaneously, greater geographical diversification allows each subsidiary to behave as an independent unit and to develop more efficient internal control systems and resource allocation.
机译：多元化作为对全球机遇的战略回应，对企业而言变得越来越重要。本文利用企业基于资源的观点，通过分析产品与地域多元化之间的循环关系来研究这些策略。从西班牙领先的跨国公司的样本中获得的结果表明，适应范围广泛的不同国家阻碍了相关产品多样化所需活动的必要协调，反之亦然。相反，不相关的多元化战略可以提供财务协同效应，经验和灵活性，从而有助于国际化进程。同时，更大的地域多元化使每个子公司可以充当一个独立的单位，并开发更有效的内部控制系统和资源分配。

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