“…Bresciani and Ferraris, 2016;Monaghan et al, 2014). Competencies on the other hand, provide unique subsidiaryor firm-specific advantages that allow the subsidiary to develop a competitiveness in the host country (Zaharie et al, 2019;Li and Lee, 2015;Rugman and Verbeke, 2001). However, those studies have often ignored the contextual dependency of such competencies, in particular, the importance of network relationships in driving performance (e.g.…”