Keywords: manufacturing networks, multinational corporations, MNCs, MNC evolution, MNC growth, subsidiary capabilities, MNC subsidiaries, firm growth, capability exploitation, corporate knowledge, knowledge management
Emerging capabilities in manufacturing companies: taxonomy of multinationals transformation
This article presents an 80–year historical study of the evolution of a multinational company's manufacturing network. The study is based on business transactions and semi–structured interviews with managers. Company milestones and evolutionary stages emerged from the analysis and two evolutionary characteristics were identified; capability exploration and capability exploitation denoting how the company increased its corporate knowledge and deployed it corporate wide. The output includes a new taxonomy of company transformation that describes how subsidiaries of modern multinationals influence corporate growth.