This book highlights the evolution of the thinking on the multinational subsidiary over a quarter of a century, from the early concerns about the 'branch plant syndrome' to very current topics relating to the Multinational Enterprise as a differentiated corporate network and its role in innovation and entrepreneurship.

The globalization of the motor vehicle industry--specifically, cars and light trucks--has engendered new forms of competition and cooperation with less regard for national boundaries than ever before. The DaimlerChrysler merger, the GM-Toyota joint venture, the Renault equity stake in Nissan, the Ford takeover of Mazda, Jaguar, and Volvo cars, and direct foreign investments in Mexico, Mercosur (Mercado Com DEGREESD'un del Sur), China, and India--developments like these are almost impossible to keep up with. Hiraoka, a prize-winning analyst of manufacturing excellence in the automotive industry, surveys them and their causes and presents a clarifying picture with thoroughness and depth.

Hiraoka's explanation of the various factors contributing to globalization of the motor vehicle industry provides the background information necessary to gain perspective on recent events. These developments include e-commerce networks, alliances with local and far-flung parts suppliers, low-cost mass production and distribution systems, the launching of hybrid products in mature economies, and the buildup of capacity in emerging markets. His analysis ranges widely, delving into managerial reactions to regional free-trade blocks, currency crises, government shifts away from central planning and trade protectionism, the vicissitudes of business cycles in emerging markets, and the juxtaposition of Japan's prolonged recession and the booming American motor vehicle market. Corporate decision-makers, labor leaders, policy analysts, researchers, students, and industry observers will benefit from understanding the global characteristics of today's motor vehicle industry.

Interorganizational cooperation between partners, markets, and business leaders is an important facet of business and maintaining organizational competitiveness. Understanding how to effectively collaborate with partners in other organizations is an important skill for the success of all parties. Information Acquisitions and Sharing through Inter-Organizational Collaboration: Impacts of Business Performance in China discusses the effectiveness and impact of trust, e-business diffusion, and organizational processes on business performance in cooperative scenarios. Incorporating data from over 500 organizations in China's manufacturing sector, this book is an essential reference for business leaders, CEOs, senior managers, and all other members of organizations seeking to better collaborate with their partners.

Economic and political reforms and globalization in the developing world have led to the emergence of companies that are expanding beyond their national borders into the international arena. The transformation into multinational corporations is generally not accompanied by a change in the way they manage their talent. There is a disconnect between globalization and talent management. Yet the most effective and sustainable source of competitive advantage is talent. Talent Management in the Developing World explores how the policies, systems and procedures that have been successful within national boundaries are inadequate to meet the value propositions of completely different and diverse people working in different countries, cultures, legal and socio-economic environments. In fact they may be dysfunctional to talent management. Using the perspective of the developing world, Dr Elegbe outlines the shift in paradigm and practice that is required if organizations are to develop a sustainable talent management strategy in these countries. A global approach to talent management assures competitiveness and sustainability of success in the international environment but change will not happen until line and HR managers see its urgency and criticality. That is the endeavour of this book.

Globalization has created new opportunities and challenges for late industrialization. This book identifies underlying factors for latecomer firms to catch up as system integrators, or upgrade as suppliers in fast-globalizing industries. With in-depth case studies, several perspectives on firm growth are integrated into a comprehensive framework.

More than ever, today's rapidly changing global markets increase the risks and rewards for innovations. But amidst rising uncertainties and greater competition, can CEOs improve the chances for successful innovation?
Innovating at the Top presents revealing interviews with CEOs at nine highly innovative international corporations - Bosch, Genentech, Infosys, Nokia, Research in Motion, SAP, 3M, Toyota, and Unilever - to gain their views how to encourage and support innovation.
When CEOs across three continents express many similar opinions about stimulating innovation, it is clear there are fundamental principles and methods all CEOs should explore to spin up the flywheel of innovation.
Innovating at the Top distils 10 Key Innovation Drivers from insightful CEO recommendations and advice. These innovation management practices can help every CEO consider proven ways to raise the probability a company can reach and sustain stronger innovative performance.

Since the introduction of the One Belt, One Road initiative (OBOR), first proposed in late 2013, international scholars have begun to study this new policy and its implications in the global age. While OBOR provides new opportunities for China in terms of regional cooperation and global development, many also raise concerns about China's intentions of using economic means to achieve strategic and foreign policy objectives. Hailing from the West and the East, the authors reflect on the wide-ranging impacts of OBOR on specific countries, regions, economic policies, and geopolitical considerations. Including both theoretical research and empirical studies that explore opportunities and challenges related to OBOR, this edited volume will allow readers to gain a more comprehensive understanding of this ambitious undertaking and its long-term impact on the rest of the world.

This volume investigates the specific role of transnational corporations in the process of globalization and economic development. While it draws on a long history of academic research, it also shows new ways forward. It makes headway both in conceptual as well as empirical terms. Topics covered include locational clustering, research and development partnering, productivity spillovers, privatization, disinvestment, terrorism, and the role of and impact on transnational corporations. A future research agenda is also put forward.

As the international behaviour of firms changes, so too must the theories used to describe, explain and predict that behaviour change. This volume is conceived as an exploration of the evolving nature of internationalization in the context of shifting environmental forces in an effort to: highlight the nature of firms' changing behaviours; explore the potential reasons for those changes; and propose new perspectives from which a more contemporary theory of internationalization can be developed. The papers in this volume examine the internationalization behaviour of a wide range of firms, from MNCs to SMEs, including firms from both developed and emerging economies. Consideration is given to the rapid internationalization of "born global" firms, to inward as well as outward internationalization and to the dynamic nature of internationalization at the beginning of the 21st century.

"Through 18 brand new case studies this book shows how companies did not manage labor and customers as long as they did not need to. With competition becoming tougher and tougher, they tried to recover control, using more and more processes and reporting systems. The result is exactly the opposite: the more they rule, the more they lose control"--

The rewards of success in emerging markets are potentially huge, and as luxury companies continue to expand their global reach, they will need to continually assess if their current strategy is delivering competitive advantage. This text presents a repository of knowledge that brings clarity to key issues and trends for practitioners, academics and students of luxury brands. It sets out to decode the luxury markets in the primary emerging markets (BRICs) and provide a rich resume of the key factors that influence the effectiveness of luxury brand strategies.

This book examines India-China relations throughout history as well as in the context of current business cooperation and competition. It also explores geo-political and societal factors, such as religion or class models, that influence and shape bilateral relations, and provides thorough analyses and comparisons of networks between the two countries. This book will appeal to researchers and graduate students interested in India-China relations as well as Chinese and Indian business ties.

Southeast Asia's two largest economies, Indonesia and Thailand, have hosted a large number of foreign multinational corporations (MNCs) over the last decades. Understanding the economic effects of these MNCs is thus a priority for academics, policy makers and business professionals alike. In this volume, a number of international economists use factory-level data to analyze the effects of MNCs on wages, productivity and exports in Indonesia and Thailand, in unprecedented detail.

The world trade system is at a fork in history's road; WTO members cannot avoid Making a choice. / Take the politically expedient path by putting Doha talks on hold, or / Take the leadership path of engaging constructively and creatively in breaking the deadlock. Published ahead of the 29 April 2011 meeting of WTO members in Geneva, this book argues that if the current deadlock - mainly between the US and China - cannot be broken in 2011, no resolution is likely before 2020. US Congressional politics will be much rougher in 2013 - scared by divisive debates over spending and taxes - and the new Chinese government can hardly afford to start off with major tariff concessions to the US. Think of 2013 as 2011 with less goodwill Internationally, more poisonous politics inside the US, and a Chinese leadership that must prove its toughness. Breaking the deadlock would require an expanded negotiating agenda, but this would add years to the talks. The false promise that it would be harmless to allow Doha to languish for years is deeply dangerous, at best. The authors in this volume - trade experts from across the world - identify the perils of allowing Doha to flounder, and the hard choices governments must make to break the deadlock.

This book explores how the business transformation taking place in Japan is influenced by the digital revolution. Its chapters present approaches and examples from sectors commonly understood to be visible arenas of digital transformation-3D printing and mobility, for instance-as well as some from not-so-obvious sectors, such as retail, services, and fintech. Business today is facing unprecedented change especially due to the adoption of new, digital technologies, with a noticeable transformation of manufacturing and services. The changes have been brought by advanced robotics, the emergence of artificial intelligence, and digital networks that are growing in size and capability as the number of connected devices explodes. In addition, there are advanced manufacturing and collaborative connected platforms, including machine-to-machine communications. Adoption of digital technology has caused process disruptions in both the manufacturing and services sectors and led to new business models and new products. While examining the preparedness of the Japanese economy to embrace these changes, the book explores the impact of digitally influenced changes on some selected sectors from a Japanese perspective. It paints a big picture in explaining how a previously manufacturing-centric, successful economy adopts change to retain and rebuild success in the global environment. Japan as a whole is embracing, yet also avoiding-innovating but also restricting-various forms of digitalization of life and work. The book, with its 17 chapters, is a collaborative effort of individuals contributing diverse points of view as technologists, academics, and managers.

This dictionary represents a reference volume for English speakers. It provides the correct Japanese translation of over 10,000 terms and phrases under the headings: economics, trade and industry, finance, insurance, business, company law and employment. Each topic has the relevant Japanese words and expressions in context, helping to identify the idiograms which represent similar concepts or images in each topic. Under each headword the Japanese translation is given in full characters and as roman transcription. Further explanations for some specific words are given at the end of the topic list. Peculiar or idiomatic expressions in Japanese are given as additional phrases with insights into the psychology and etiquette of Japanese business practices.

The Return to Europe examines the ability of the central and south east European economies to withstand competitive pressures on entry to the EU. Trade with the EU largely involves the export of labour intensive goods in exchange for human capital intensive goods. The export structure of central European economies, which have attracted foreign direct investment, is improving. The Balkan economies remain dependent on exports of low-wage products. Will this create permanent divisions in Europe, with implications for European security?

This book discusses the strategic and managerial issues surrounding intellectual property (IP) and the international commercialisation of these embedded products in the international market. Four sections cover Fundamentals of IP, Country Factors and Their Impact on IP, International Management of IP and International Strategies of IP. The discussions are supported by relevant case studies and statistical data.

This book is a new look at the different perspectives on energy security policies of European and Asian countries. The book explains the reasons for the failure of EU common energy policies and the deficiencies in the policies towards Central Asia. It examines Chinese energy diplomacy, and the possibility of energy competition and cooperation in Northeast Asia.

At the start of the 1990s Japan's post war economic success came to an abrupt end, and the country slid into a decade long recession from which it has, on many levels, still not recovered. This book examines the institutional factors in the Japanese system of government administration that have paralyzed the decision-making process and prevented the system from accommodating the ever changing demands on the domestic front and the global political economy. It argues that the current model defies structural reform and frustrates the implementation of economic and social policies that can resolve the problems that have challenged the Japanese for years.
Excerpts from interviews conducted with Japanese bureaucrats reveal how their government views the United States, Japan's protector in the Pacific and its second-largest trading partner. The interviews are particularly relevant to the economic dilemma that the Japanese are facing currently due to Japan's dependency on the United States. They also provide an invaluable insight into why Japan has yet to integrate into the international community.

Indian firms have grown explosively over the last two decades since India adopted wholesale neo-liberal policies in 1991. Nayak attributes the expansion of these Indian firms and their multinational businesses to the owners' ability to manoeuvre and mould key agents in the external environment rather than to the internal management of the firm.

This is the first of three related, empirically based studies examining the broad range of issues raised by the use of economic sanctions. This volume addresses the philosophy behind economic sanctions: why they are used and what they are meant to achieve.

Ashari, Forrer, Teegen, and Yang go back through history to analyze whether or not economic sanctions have ben sucessful by measuinrg their historical impact and modeling their effectiveness, and they offer an analysis of the international and domestic business implications of sanctions in today's global economy. Of particular interest to scholars, students, researchers, and the public policy community involved with international busienss and economics and international relations.