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Books > Business & Economics > Business & management > International business
The volume focuses on the issue of globalization of research and development (R&D) in China. China has become the number one choice of R&D for multination corporations (MNCs), according to a recent survey. Many of the largest MNCs in the world, such as Microsoft, GE, GM, HP, Motorola, and Lucent, among hundred of others, have established R&D facilities. The phenomenon has become a hot issue among policy debates in many countries regarding job outsourcing, national and regional competitiveness, and China. This book examines the issue of foreign R&D, particularly, those from MNCs in China: the drivers, missions, locations, management challenges, policies, and implications for China's innovation system. This book was previously published as a special issue of the Asian Pacific Business Review.
The book explores how the influence by the corporate sector in the economic interactions globally leads to the international governance framework pertaining to CSR, that is primarily based on soft law attributes. Such international soft law regime uniquely influences the way the legal regime around CSR has shaped up in India. Through innovative methodology, the analysis of regulatory space and instruments and the structural framework construe the relationship between state and corporate sectors. It is necessary to investigate the two-fold relationship of state and corporate actors. The book takes up a regulatory, institutional and socio-political investigations through studying the case of CSR in India in the backdrop of the transformations taking place in national arena, its international inspirations and resulting regulatory model that evolve. How the existing regulatory space is affected? What are the implications on the regulatory instruments? The pursuit of the answers would also involve investigation of questions as to how the state-corporate relationship constructed, construed and conducted post state's ratification of CSR. What are the reasons of such changes? What implications do the role of politics and corporate strategies have on the renewed interest in CSR? The book deals with these aforementioned aspects. This scholarly work synthesizes political, economic and legal aspects of the role of the state and corporate sector with narrowly defined focus of CSR which has the ability to provide a comprehensive broad-brushed account of the larger framework.
The Wild, Wild East recounts the adventures of late-onset Texan and international businessman Tom Meurer over a span of 55 years, from the Cold War to the War on Terrorism. As a freshly commissioned Air Force lieutenant, Tom experienced a build-up to war. But it was only after billionaire H. Ross Perot wooed him into the seemingly starchy world of software engineering that Meurer traveled to wartime Vietnam and Laos, searching for evidence of 1,600 missing U.S. prisoners of war. He found himself negotiating with drug-runners, brothel owners, gold smugglers, and dangerously high-ranking diplomats. What started as a privately funded international spy-ring, ended with a privately funded tickertape parade and star-studded weekend reception in San Francisco. Years later, he returned to Vietnam, looking for oil instead of prisoners. Between trips to Southeast Asia, Meurer began working with the Nixon White House as a presidential advance man. Beyond the obvious challenges of anti-war and civil rights protests, Meurer recounts the perils of camera angles, college football fans, bathroom visits, exotic helicopter rides, and the devastating 1970 Peruvian earthquake, which killed more than 80,000 people. Meurer tells of his longtime friendship and business career with Ray Hunt, of Hunt Oil Company, and the game-changing discovery of oil in Yemen - a country "storming out of the 14th century." Ever the fish-out-of-water, he describes his travels, negotiations, and business developments in "Red China" as it began to turn capitalist in 1979. Through his role in Chinese oil exploration, private equity, personal friendships, and the nascent beef industry, Meurer witnessed the People's Republic of China's meteoric rise over the following 35 years. Along the way, we find him pranking communist border guards, breaking out of curfew-imposed war zone hotels and into U.S. embassies, nearly crash landing in Siberia, arrested for jogging in Albania, vacationing with the family in Karl-Marx-Stadt, and ingesting unspeakably exotic foods. He watched leaders, luminaries, lending practices, and landscapes change and change again (and then again), while collecting hotel soap, memberships to airline VIP lounges, and frequent flyer miles. He often found himself in rooms with presidents, prime ministers, sheikhs, and village chiefs as history was happening. In true Forest Gumpian fashion, The Wild, Wild East is a study in best-case scenario of wit + energized wonder + proximity to wealth. Through the opportunities presented by Perot and Hunt, Dallas billionaires who were employers but became dear family friends, Meurer found himself living his best life, one of worldwide adventure while simply having fun, making an honest living, and helping the truest of people and best of friends. These are stories of one man's life - the career, adventures, and impressive people, friends, axioms, discoveries, events, cultures, and institutions he encountered along the way.
Comparative study of public enterprise management in different countries around the world, pointing to historical trends and current issues and problems. Experts survey an interesting collection of countries in the Americas, Asia, the Middle/Near East, Europe, and Australia. They also discuss public enterprise management education. References with each chapter contribute to the usefulness of this assessment for political scientists, public administrators, international businessmen, and those engaged in international studies.
China has become one of the biggest exporters of goods into the global economy. Yongjin Zhang offers a detailed account of the political and economic context, both domestic and international, in which China's nascent global businesses began to emerge in the late 1980s. The analysis of changing policy regimes for China's outward investment is combined with an institutional investigation of the rise and operation of three prominent Chinese multinationals. The first systematic study available of the political economy of China's emerging global businesses, this book fills a significant gap in the literature on the transformation of the Chinese economy.
A Basic Guide to International Business Law is an introduction to those parts of European and international law that are relevant to business. Having read this book, students will come away with a broad understanding of the international rules of law within the EEC, institutional rules of the European Union, international contract law, rules of competition and the four freedoms within the EEC. The edition includes student friendly features, such as summaries of statements and references to relevant case law, making the book an ideal introduction for those on law and/or business programmes.
One of the most interesting phenomena that has recently emerged in the international economic and financial arena is the new role played by emerging economies as global investors. Multinational companies from emerging and developing economies are becoming important players and have embarked upon rapid globalization processes targeting industrialized economies, particularly in North America, Australia and Europe. Host countries increasingly face an array of challenges and opportunities arising from the activities of emerging economies' multinationals. The rise of this new stream of outward investment by emerging multinationals needs to be explored. Similarly, counter strategies of established firms from mature economies requires further and continuous analysis. Asian Inward and Outward FDI brings together work from researchers in international business and economic geography. The book is aimed for scholars with an interest in the macro and micro economic impact of new flows of FDI. Furthermore, it will would be beneficial reading for practitioners and policy makers in order to facilitate sustainable FDI flows promoting growth in Asia and Europe.
With traditional growth engines failing, the world is looking to Asia for economic salvation. This book charts the rise of China, India and ASEAN nations, who are increasingly being seen as the new growth drivers for the world, and discusses the imminence of a new global economic order.
This book provides insight into crucial aspects of doing business in Japan and advice on how to succeed in a very difficult market. It follows the process from initial contact to the creation of a fully-fledged operation in Japan. Emphasis is placed on how to break into the distribution system, set up a local company, acquire an existing company, recruit and manage Japanese personnel and co-operate or compete with Japanese companies. There are also tips on how to avoid common traps and pitfalls for the unwary investor.
Facilitation can provide a key route to creating buy-in to the need
for change and associated change initiatives. But, this only
happens when facilitation is used in the right way. The authors
outline the guiding principles of facilitation that every change
leader needs to understand to successfully drive change.
Managing Organizations in the United Arab Emirates seeks to familiarize readers with the nature of doing business and managing organizations in the Middle East by bringing together case studies on United Arab Emirate (UAE) organizations, one of the most dynamic and rapidly growing economies in the world.
Since the collapse of the former Soviet Union, tremendous changes have taken place in the Russian Federation's trade relationship with other countries--especially with former allies. Expansion or Exodus examines how and why Russian corporations invest outside the country and why most of that money remains abroad as the growth and performance of these companies increases at an accelerated rate. As the Federation moves closer to joining the World Trade Organization, this timely book provides a global view of Russia's outward expansion, exploring the operations of Russian firms in old, new, and forthcoming European Union member states.
The Emergence and Impact of MNC Centres of Excellence explores an important new element in the development of the multinational corporation. Whilst previously the parent company was seen as the centre, and the foreign subsidiaries as the periphery, today, it is recognized that different subsidiaries have different roles, and are linked to each other in a complicated pattern. One crucial aspect of this is that some subsidiaries become 'centres of excellence' (COE) controlling resources on which other parts of the corporation depend for their operations. This book investigates the existence of COEs in different countries, examining why they emerge and analysing their impact on corporate strategy.
The authors identify three stages of leadership development: the early ingredients for success starting from childhood; the paths that current and aspiring leaders should follow once they start a career; and what leaders should do exceptionally well to become and remain outstanding in organizations operating in multicultural environments.
The rise of the Arab world and China are part of the same story, once trading partners via the Silk Road. It isn't a coincidence that Arab traders have returned to China at the same time that China is fast regaining its share of the global economy. This is a breakthrough account of how China is spurring growth in the Arab world.
The practice of corporate social responsibility (CSR) in the Middle East is explored in this volume, through a unique compilation of data and perspectives from authors living and working in the region. The authors demonstrate how the long-entrenched traditions of philanthropy and generosity in Arab culture have been reinvigorated in recent years and are starting to cross-fertilize with new and more institutionalized forms of giving, advocated through advances pertaining to CSR. Using a variety of cases, this book ponders the multiple facets of CSR in the region, including philanthropy, strategic giving, social entrepreneurship, internal CSR and responsible human resource management practices, effective CSR integration in SMEs, corporate environmental responsibility and its evolution, CSR reporting and lingering challenges in this respect. It also considers the relevance and applicability of CSR to a wider spectrum of societal actors and institutions. The contributions nicely capture and reiterate commitment to CSR in the Middle East.
There are few industries, if any untouched by global competitive forces. Firms and countries long accustomed to dominance in their respective international markets must now reckon with aggressive and innovative competitors from all corners of the world. As the cross-border flow of people, knowledge, ideas, products, services and management practices accelerates, the notion of home-based advantage is becoming weaker. Unlike their domestic counterparts, firms competing across borders must deal with differences in political, legal, financial, cultural, governance and macroeconomic contexts. These contextual differences shape competition in international strategy and make the study of international strategy more than just a simple extension of classic strategic analysis. Global Strategy deals with the question of how firms can compete in a global environment. Andrew Inkpen and Kannan Ramaswamy examine the issues considered central to the study of strategic management in a global context, such as the nature of global advantage, strategic alliances, competing in emerging markets, international corporate governance, global knowledge management and ethical issues in international business. Much as been written about the relevance of global, regional and domestic strategies to counter competition from overseas and as a means to enter foreign markets. However, lobal Strategy takes a broader view, organizing itself around a set of strategic management issues that arise specifically because a firm is international. While there is obviously some overlap between domestic strategic management and global strategic management, it is Inkpen and Ramaswamy's contention that the differences between domesticand global strategy warrant specific attention. By integrating academic research with practical examples and case studies, they inform students and managers of global business about a diverse set of important strategic issues.
In order to work effectively with Russian organizations, it is essential for potential Western partners and shareholders to fully understand their leadership style, organizational practices and business expectations. Based on extensive interviews with the pioneers of Russian business and the authors' own experiences, this perceptive new book attempts to decipher the enigma of Russia's new generation of business leaders. The authors present six in-depth case studies focusing on companies of vastly differing sizes, ranging from a newly-privatized operation, and the creation and organization of an oligarch's empire, to several entrepreneurial start-ups in different service industries. The case studies document the changes and developments that have occurred in Russia since the privatization era of the 1990s, highlighting the strengths and weaknesses of the emerging business leadership orientations. Grounded in Russian culture and history, the book takes a balanced view of the rapid development and transformation of the country's business leadership over the past ten years. The authors also offer perceptive conclusions and practical advice that will not only contribute to the success of Western businesses operating in Russia and other former communist countries in Eastern Europe but also help business people in Eastern Europe create high performance organizations. As we move towards a globalized economy, the need to recognise executive behaviour in Russia is becoming increasingly important. This book will provide a great source of information for academics and researchers of entrepreneurship, leadership studies and international business. Although the focus is on Russian entrepreneurs, the lessons in the book are equally as relevant for other cultures and leadership styles.
What makes some international firms and managers successful and why do others fail? What can firms and managers do to adjust to the specific local business environment? Can we observe patterns that could guide the adjustment strategies of multinational enterprises (MNEs) and managers charged with succeeding in a global context? To answer these questions, the editors start with the belief that location and actors matter in addition to the 'home and abroad' context in which the MNEs and managers operate. As yet another phase of development dawns -- post financial crisis -- in which globalization is a given and still in progress, the urgency increases to learn how MNEs, managers and governments can increase efficiency, minimize failure and maximize success. This volume proposes cultural hybridization of organizations and managers as well as ascertaining the resources necessary for the effective interface of national, regional, and international networks.
We live in a world ruled by standards. From toys and computers to corporate social responsibility, from the drycleaner in Nairobi to the Swedish radiation safety authority - international standards specify almost all aspects of society. This book questions how this is made possible. Standards need support in order to work and Ingrid Gustafsson explores how a control regime built on standards, certifications and accreditations can emerge over time and grow global. The global control regime is nurtured mainly by the questions connected to globalization: how can we trust things from other parts of the world? While resting on buzzwords such as 'trust' and 'confidence', the global control regime leaves us with a faceless bureaucratic system with no name and no one in charge. This has severe consequences for responsibility: if no one is in charge, then no one is to be held accountable for how standards rule the world. This is particularly pertinent because the author shows how states are embedded in standards to a much higher degree than previous research has shown. Offering in depth analysis, this book will be enjoyed by scholars and researchers of organizational theory, global governance and public administration.
Original essays identify the channels through which inward investment can affect host economies and shape the size and structure of industrialized economies over the last decade. Leading experts in international investment and the behavior of national and multinational firms combine innovative methodologies and firm-level data to evaluate the impact of inward investment on such issues as productivity, technology, and innovation. They compare UK developments to those experienced by French, Italian, German and US economies.
The development of the Chinese MNC is a new feature of globalization, one that will undoubtedly change the world. Why do Chinese firms internationalize, how do they do so, and what will be the impact of their internationalization on developed markets are the foci of this book. |
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