Terutomo Ozawa examines Japan's once celebrated post-war economic success from a new perspective. He applies a 'flying geese' model of industrial upgrading in a country that is still catching-up, to explore the rise, fall and rebound of Japanese industry with its evolving institutions and policies. The book brings together and expands upon theories developed in the author's work over many years, using them as building blocks for his flying geese model. Concepts explored include: * economics of hierarchical concatenation, increasing factor incongruity, comparative advantage (or market) recycling * the Ricardo-Hicksian trap of industrial production, Smithian growth elan, triumvirate pro-trade structural transformation * knowledge creation versus knowledge diversion, the price-knowledge/industry-flow mechanism 'a la David Hume' * the syndrome of institutional incongruity, and socially justifiable moral hazard versus degenerative moral hazard. The dynamic process of industrial upgrading is analysed in detail, and important lessons for both developing and transition economies are highlighted. This fascinating book will attract a wide-ranging readership, encompassing practitioners and academics interested in international business, economic development, trade, and political science. In addition, sociologists focussing on business and industry, and researchers on, and policymakers in, developing and transition economies will also find this book of immense interest.

This book, the first of two volumes, uses a framework of philosophical anthropology, and the concepts of humanistic leadership and humanistic management, to explore the value of work in the hospitality and tourism industry. It presents robust theoretical and practical implications for professionalism and excellence at work. This volume addresses the hospitality professional, beginning with an exploration of the foundational literature, before moving on to discuss topics like the concept of human dignity at work, how one can find meaning within the hospitality industry, spirituality at work, philosophy in the world of work, and personal development. These volumes will be of use to academics and practitioners in the fields of hospitality and tourism management, humanistic and transformational leadership, corporate social responsibility, human resource management, customer service, and workplace spirituality.

The authors of this unique volume provide a timely and valuable perspective on how technology and the Internet revolution are changing business and spurring development across the world, especially in emerging countries. Utilizing a framework grounded in rigorous theory, they provide a fine-grained understanding of electronic commerce adoption processes by public and private sector entities in developing countries. In so doing, they consider how each exchange encounter is shaped by, and in turn shapes, relational characteristics that form the basis for growth and development. Using a resource-based view of economies, the authors hypothesize that differences in the adoption of electronic commerce technologies in developing economies can be attributed to a sense-and-respond capability of governments with respect to new technologies, which they term 'technological opportunism'. One of their main objectives is to establish the distinctiveness of technology opportunities from related constructs, such as innovativeness, and show that it offers a significantly better explanation of technology adoption and diffusion than do existing constructs. The book examines a number of developing countries' experiences with electronic government, bringing real life experience to the adoption of an e-government model by looking at the issue from strategic as well as operational perspectives. The volume's ground-breaking research and conclusions will be of great interest to professionals, researchers and students in the areas of e-commerce and economic development; government officials of developing and newly industrialized countries contemplating e-government initiatives; and information technology managers.

Global Women Leaders transports the reader into the fascinating lives of trailblazers in four very different countries. All were change-makers in their professions, and all of them confronted the challenges women everywhere will recognize as their own. How they succeeded, despite roadblocks, is both inspiring and instructive. Each gives us sound advice on a range of familiar hurdles from those associated with work and family to lack of confidence and sexism. If you want to know how to achieve authentic leadership, this is the book for you.' - Melanne Verveer, Georgetown University, US Global Women Leaders showcases narratives of women in business, nonprofit organizations and the public sector who have achieved leadership positions despite cultural obstacles and gender bias. Featuring leaders from India, Japan, Jordan and the United Kingdom, the book examines how these women have overcome challenges and served as role models in their professions. Regina Wentzel Wolfe and Patricia H. Werhane present stories of these women leaders within their unique cultural contexts. Standout features include models of feminist leadership behaviors and interrogations of the dominant paradigm of male leadership. Challenges for women in the workplace, systems thinking and various female leadership styles are also explored. The successes of the leaders featured in this book will be of interest to those in public, private and nonprofit sector organizations as well as academics and students teaching and studying feminist leadership, MBA students and entrepreneurs.

New ventures have played a significant role in the world's economic and social development. In particular, the development of high technology ventures has been viewed as both a revitalization tool for developed market economies, such as the USA, and a driving force for economic transformation in transition economies, such as China. With a focus on new technology ventures in China's emerging market, this volume brings together researchers from a variety of disciplines and countries to provide a comprehensive understanding of this phenomenon. New technology ventures are highly vulnerable to environmental selection because they lack adequate knowledge of their environments, new product experience, and managerial and financial resources. Thus, these ventures tend to have high failure rates. Not surprisingly, a major stream of research in strategic management and entrepreneurship literature has focused on identifying the strategies that new technology ventures use to offset their liability of newness in order to improve their performance. However, previous studies have been done in the context of developed markets. This volume explores how new ventures successfully grow in China's transition economy where strategic factor markets and institutional frameworks have not been developed in this context. Significant issues addressed in this volume include: * Factors contributing to the growth of technology entrepreneurship in China * Ownership and survival of technology ventures in China * Challenges faced by venture capitalists in China * Growth strategies and environment-strategy interaction in Chinese technology ventures * Organizational control and reward and technology innovation in Chinese technology ventures * Political risks of foreign ventures in China's emerging market * R&D globalization and internationalization strategy of Chinese technology ventures. The contributors' conclusions will be highly valuable to managers of new technology ventures and to Western firms attempting to enter the high technology industries in China. Researchers interested in new technology ventures and innovation will also find this volume a useful addition to their libraries.

In contemporary economies, businesses must consistently make strides to remain competitive and profitable at both national and international levels. Unlike in the developed world, corporations in developing nations face a different set of challenges for achieving growth. Multinational Enterprise Management Strategies in Developing Countries is an authoritative reference source for the latest scholarly research on diverse opportunities and obstacles facing multinational corporations in emerging economies. Highlighting innovative perspectives and real-world examples, this book is ideally designed for researchers, practitioners, upper-level students, and industry professionals interested in management approaches for achieving success in international corporations.

Global Women Leaders transports the reader into the fascinating lives of trailblazers in four very different countries. All were change-makers in their professions, and all of them confronted the challenges women everywhere will recognize as their own. How they succeeded, despite roadblocks, is both inspiring and instructive. Each gives us sound advice on a range of familiar hurdles from those associated with work and family to lack of confidence and sexism. If you want to know how to achieve authentic leadership, this is the book for you.' - Melanne Verveer, Georgetown University, US Global Women Leaders showcases narratives of women in business, nonprofit organizations and the public sector who have achieved leadership positions despite cultural obstacles and gender bias. Featuring leaders from India, Japan, Jordan and the United Kingdom, the book examines how these women have overcome challenges and served as role models in their professions. Regina Wentzel Wolfe and Patricia H. Werhane present stories of these women leaders within their unique cultural contexts. Standout features include models of feminist leadership behaviors and interrogations of the dominant paradigm of male leadership. Challenges for women in the workplace, systems thinking and various female leadership styles are also explored. The successes of the leaders featured in this book will be of interest to those in public, private and nonprofit sector organizations as well as academics and students teaching and studying feminist leadership, MBA students and entrepreneurs.

Craig Julian argues that the International Joint Venture (IJV) phenomena represents two opposing trends. On the one hand, an analysis of the number of new IJVs reveals that they are becoming increasingly popular as a mode of overseas market entry and expansion. On the other hand, however, the significance of a robust growth trend is overshadowed by the incidence of high failure. The book examines the factors influencing the marketing performance of IJVs in South East Asia, including market characteristics, conflict, commitment, product characteristics, marketing orientation, control, trust, partner's contributions and partner's needs. A unique composite measure incorporating financial, strategic and perceptual tools is used to determine the marketing performance of IJVs, and directions for future research are provided. Managers are then guided in better managing and improving the success of their IJVs, and the importance of top management team composition to IJV performance is also highlighted. International Joint Venture Performance in South East Asia provides the most comprehensive list of references on joint venture academic research to date with 60 pages of references on joint venture research. As such, this book will be invaluable to both academics and practitioners with an interest in international business research and the management of IJVs.

China's late Chairman Mao Zedong once said "Women hold up half the world", but in several respects the full emancipation of women still remains a global challenge. This book, based on extensive empirical studies on Chinese female leaders in different fields, develops a "female professional status attainment theory". It summarizes the conditions for Chinese women to become leaders in various professions as the following: increased human, economic and social capital; gender equality awareness; gender-friendly environment; and improved work-life-balance. The book also proposes supporting policies for the development of high-level female talents female leaders in three different sectors: women in politics, in professional fields, and in enterprise management. With the comprehensive perspectives of female leaders' development that addresses women's unique needs in organizations, this book is a good choice for researchers and readers who are interested in China's top-level talent development, gender equality and women's professional attainment.

This innovative Handbook draws together and reflects on the specific methodological challenges that an international business scholar is likely to face when undertaking a qualitative research project. With a practical, hands-on approach to methodological debates, the Handbook raises concerns specific to international business scholars. Covering the entire life cycle of a research project from its philosophical underpinnings to publication hurdles, the book explores existing practices and gives voice to multiple, even contrasting perspectives. This invaluable source of experiential knowledge, as well as conceptual understanding, has been achieved by a truly international authorship. Including fascinating vignettes written by senior academics, the result is a guide that will be indispensable. Capturing the experiences and practices of qualitative researchers, the Handbook of Qualitative Research Methods for International Business should be on the bookshelves of students and scholars of IB, researchers in international management and marketing, and teachers of cross-cultural and IB research methods.

Multinational Enterprises, Innovative Strategies and Systems of Innovation explores the extent to which multinational enterprises (MNEs) are decentralising the creation of new technological capabilities to various different countries. The book contends that technological strategies and innovation activities undertaken by firms are a critical part of the increasing internationalisation of economic activity, and that MNEs are the main actors for these changes. It goes on to explain that MNEs must now effectively manage new technological assets in order to cope with extensive changes in the nature of international competition. Experts from a network of thirteen European countries attempt to promote a better understanding of tendencies towards a new international dynamic of technology creation and diffusion. The contributors to the book then explore the factors determining the process of decentralisation and the resulting consequences for national systems of innovation. This thorough and easily accessible analysis of new trends in the technological strategies of MNEs and their implications for national systems of innovation will be of enormous interest to those specialising in the internationalisation of the economy or the economic analysis of technical change. In addition, the book will provide an excellent source of background information for policymakers when drafting new policies, and for corporate decision-making in the private sector.

Economics of International Business sets out a new agenda for international business research. Mark Casson asserts that it is time to move the subject on from sterile debates about transaction cost economies and resource-based theories of the firm. Instead of focusing on the individual firm, the new agenda focuses on the global systems view of international business. A static view of the firm's environment is replaced by a dynamic view which highlights the volatility of the international business environment. Coping with volatility requires entrepreneurial skills, flexibility and the need to synthesize information on a global basis. To co-ordinate the global system properly, entrepreneurs must co-operate through social networks of trust, as well as competing. Constructing a network of joint ventures, it is argued, is simply not enough. Building on his previous book, The Organization of International Business, Mark Casson shows that with suitable modifications, the methods of economics can be used to analyse all of these issues in a rigorous way. The tools of 'business strategy' are too clumsy to address the more subtle issues, whilst descriptive approaches fail to bring key issues into sharp relief. This book is indispensable reading for all researchers and practitioners in the international business field as well as economists and academics alike.

To remain competitive, businesses must consistently analyze and enhance their management strategies. By utilizing the latest technological tools in the corporate world, organizations can more easily optimize their processes. The Handbook of Research on Technology Adoption, Social Policy, and Global Integration is a comprehensive reference source for the latest scholarly perspectives on the integration of emerging technologies and computational tools in business contexts. Highlighting a range of topics such as micro-blogging, organizational agility, and business information systems, this publication is ideally designed for managers, researchers, academics, students, and professionals interested in the growing presence of technology in the corporate sector.

The purpose of this volume is to bring together the leading scholarly papers about how globalization has impacted the role of SMEs. In fact, globalization has affected SMEs in two major ways. The first has been to facilitate the transnational activities of SMEs. Transnational activities, ranging from exports to foreign direct investment to participating in global value chains have become easier as a result of globalization. The second impact of globalization has been to shift the source of competitiveness towards knowledge-based economic activity, which has led to an increased role for SMEs. The first section of this volume examines how globalization has affected the role of SMEs in the economy. The second section of the volume is devoted to global strategies by SMEs The third section focuses on an important type of global activity of SMEs, which involves foreign direct investment. The fourth section focuses on the role of clusters and networks in generating SME competitiveness in global markets. SME export strategies and performance is analyzed in Section Five. Section Six examines the impact that the international mobility of labour has had on SMEs. The seventh section focuses on the role that SMEs play in transnational technology transfer. Section Eight is devoted to SMEs in the context of developing countries. In the final section of the volume policy issues are raised. This includes identifying how policy needs to address barriers to internationalization confronting SMEs.

This volume explores Malaysian business in the era that began with the Asian financial crisis of 1997-1999. The contributions, by a broad range of international experts, are informed by a wish to identify what Malaysia needs to do to sustain economic growth, remain internationally competitive and further social stability in the post-crisis period. Malaysia's unconventional response to the crisis suggests that its business community has developed a new level of confidence in its ability to adopt and sustain innovative policies even when these strategies challenge the international financial community. This response is perceived as evidence that Malaysian business has indeed entered a new era characterised by a high level of confidence in the nation's capacity to weather the external periodic shocks that are a feature of the current wave of globalisation. The book argues that there are grounds for optimism in this regard while recognising that the true test will occur when Malaysia is compelled to confront a major decline in its international export markets brought on by a truly major crisis such as an OECD-wide recession. Business scholars and professionals as well as readers interested in Asian business and economics will find this volume informative.

Unlike other economies, family businesses in China are greatly affected by the derived Confucian culture, excessive marketization, as well as the seemingly endless institutional supervision by a transitional Chinese government. China has a strong historical legacy, devoted to patriarchal values and strong family-centered traditions. This volume explores the social foundations and historical legacies of families, business families, and family businesses in China. It begins with an overview of a household, family, and clan in ancient China before an examination of the economic, social, and cultural functions that the family system served in Ancient China as well as the four unique features that distinguish the family system in ancient China from those in western societies. It later discusses the evolution of the family system and the rise of family business before the establishment of the People's Republic of China in 1949. Finally, it evaluates the family system before and after the "Open-up and Reform" in 1978. This interdisciplinary work, incorporating sociological, anthropological, and institutional contexts pertaining to China, offers researchers the first advanced perspective of the development of family firms in China.

Globalization and the Small Open Economy investigates the specific role of small open countries in a globalizing economic system and assesses the unique pressures and opportunities afforded them by globalization. Traditionally, in contrast to large countries, small open economies (SOEs) have relied on international economic policy rather than domestic policy as a means to foster national economic development. Their firms also have a far greater reliance on host countries to gain competitive advantage than those of larger nations. This would suggest that globalization has potentially a far greater impact on SOEs than on large countries. The contributors to this volume concur with this view and seek to outline the challenges and opportunities faced by policymakers and managers of multinational enterprises from SOEs. They examine the role of government, environmental policy, inward and outward foreign direct investment and multinational management and conclude that, on balance, globalization provides more of an opportunity than a threat to economic growth in these countries. An innovative collection with fascinating new insights on the present and future role of small, open countries in the global economy, this will be an important new reference source for academics and students, public policy research institutes, international business scholars and trade economists.

Research on the internationalisation process of firms shows that the development of experiential knowledge is a major factor in explaining firms' internationalisation. However, our knowledge of how this takes place is limited. The detailed mechanisms of learning, and the effects of the duration of the firm's international operations, have not been studied in depth. Using examples from Denmark, Finland, South Korea, New Zealand and Sweden, the contributors to this book examine these factors and test the basic assumptions of the internationalisation process of firms. In doing so, they explore how firms accumulate knowledge on foreign markets and analyse whether the number of countries in which firms operate influences the quantity and quality of knowledge accumulated. The effect is to expand our understanding of the use of knowledge and the international transfer of knowledge in the internationalisation process. Learning in the Internationalisation Process of Firms will be of great interest to scholars, researchers and practitioners of international business and management.

In this revised second edition, Hans Jansson develops and applies an international business and marketing strategy framework to contemporary complex global markets. This cutting-edge textbook explores the major challenges associated with doing business in complex and turbulent emerging markets, stressing the strategic importance of the natural environment. Taking a holistic perspective that integrates stakeholder and shareholder views, this textbook employs an innovative network institutional framework to achieve sustainable competitive advantages by creating economic, social and ecological values with stakeholders. This updated edition includes: The international network strategy (INS), offering a framework for connecting MNCs and multinational exporters with parties in new economic, social and natural environments, and the international matching strategy (IMS), dealing with how MNCs achieve legitimacy An overview of the historical development of the supranational environment, structured as three waves of the internationalization of firms, including the integration of foreign direct investment into the global value chain Dedicated chapters outlining the development of research on international business, strategy, marketing, networks and institutions A methodology for analysing the institutional context of foreign local markets. Insightful and enlightening, this textbook is ideal for postgraduate students of international business, strategy and marketing. This book will also offer frameworks and strategic tools for managers, consultants and practitioners confronting strategic issues in complex markets.

This volume contains a selection of John Dunning's best known and highly acclaimed writings on the theory of international business activity. Spanning more than three decades, the 16 contributions trace the evolution of his thoughts and ideas as an economist, from his first article on the determinants of international production, published in 1973, to his most recent essay on relational assets, networks and global business activity, completed in 2002. Theories and Paradigms of International Business Activity gives particular prominence to the author's much renowned eclectic paradigm, which he first promulgated at a Nobel Symposium on the international allocation of economic activity in 1976. Since then, the author has written over 60 articles, pamphlets and chapters in books which have extended, refined and updated his theorizing on the interface between trade, FDI and MNE activity, in the light of the changing characteristics of the world economy and advances in international business scholarship. This, the first of two volumes of John Dunning's work, is essential reading for all students, scholars and researchers with a special interest in the reasons behind the explosive growth in post-war FDI and the globalization of business activity.

Global Capitalism, FDI and Competitiveness comprises 15 of John Dunning's most widely acknowledged writings on the changing characteristics of the global economy over the past three decades. In particular, it examines how these events have shaped, and been shaped by, the growing internationalization of all forms of business activity. The book is dived into five thematic sections, each of which illustrates a particular aspect of change and the author's analysis of it. The volume examines: * the main features of the new global economy, its origin, opportunities and challenges * the author's recent writings on the factors affecting the location of economic activity by international firms, and the implications for national and regional governments * the changing nature and form of the contribution of FDI and cross-border strategic alliances to economic development and to the restructuring of national economies * the relationship between FDI, the competitive advantages of international firms and the productivity and dynamic comparative advantage of the economies in which they operate. * an examination of the changing role and power of national governments as they seek to evaluate and influence the extent of both inbound and outbound FDI. This volume will be warmly welcomed by all scholars and researchers of international business and particularly those interested in globalization, regional economics and FDI.