The Rise of China, Inc.
Leveraging its absolute power, low human rights advantage, and tolerance by other countries, the Chinese Communist Party has transformed China into a giant corporation. Living and working is not a right, but a privilege granted by the party. State-owned firms are business units or subsidiaries, private firms are joint ventures, and foreign firms are franchisees of the party. 'China, Inc.' enjoys the agility of a firm and the vast resources of a state. Meanwhile, foreign firms competing with Chinese firms can find themselves matched against the mighty Chinese state. The Rise of China, Inc. will interest many readers: it will compel business scholars to rethink state-firm relationships; assist multinational business practitioners in formulating effective strategies; aid policy-makers in countering China's expansion; and inform the public of the massive corporate organisation China has become, and how democracies can effectively deal with it.
The Management Transformation of Huawei
Huawei has become China's most prominent multinational company and a leader in the ICT sector. Given unprecedented access to the company, the authors of this book examine the management transformation of Huawei from its inception in 1987 until 2019, observing in detail not only the creation of its organizational routines but also the breaking of routines across most major functional areas: Management, Product Development, HR, Supply Chain, Finance, R&D, Intellectual Property, and International Business. 'Dynamic capabilities' are central to theories of competitive advantage and this book highlights Huawei as an ideal case study for the successful implementation of change routines and change-supporting values. The chapters cover all the major change initiatives the firm has undertaken since 1996 to import best practices from the West, with the help of consultants. The insights presented in the book will be particularly interesting for academics in the field of strategy, management, and business history.
Multilatinas
The challenges faced by Latin American multinational companies, or multilatinas, often require unique strategies tailored to a demanding global environment. This book studies the strategies of internationalism exercised by large multilatinas, offering the first systematic, quantitative effort to examine the pattern of their international investments within the context of their competitive position in the domestic market. Multilatinas uncovers common strategies among sixty-two multilatinas from six countries, and emphasizes the unique challenges they face, as well as the diversity of their organizational resources. It also brings the institutional environment of Latin American countries to the fore, assessing its role as an essential component in understanding internationalization decisions. Finally, the book studies the role of non-market organizational resources such as bribes, negotiations and favours in business strategies. Multilatinas is an invaluable read for students, scholars, practitioners and executives studying Latin America's place in international business.
Mexican Multinationals
Over the past two decades, emerging market multinationals have become an important force in international business. This book provides a better understanding of the actions and strategies used by firms from mid-sized emerging markets to upgrade their capabilities and become successful multinationals. It is the first book to provide an in-depth look at Mexican multinationals, or 'Multimexicans'. These include some of the leading firms in the world, such as the construction materials producer Cemex and the tortilla maker Grumasa, as well as smaller but innovative firms such as the theme park Kidzania and the cinema multicomplex Cinepolis. This comprehensive analysis contains case studies written by local industry experts on these and other firms, across twenty-two industries. The lessons drawn will be of interest to researchers, students, and consultants, as well as managers and executives of firms in other emerging markets looking to upgrade capabilities and expand abroad.
The Rise of China, Inc.
Leveraging its absolute power, low human rights advantage, and tolerance by other countries, the Chinese Communist Party has transformed China into a giant corporation. Living and working is not a right, but a privilege granted by the party. State-owned firms are business units or subsidiaries, private firms are joint ventures, and foreign firms are franchisees of the party. 'China, Inc.' enjoys the agility of a firm and the vast resources of a state. Meanwhile, foreign firms competing with Chinese firms can find themselves matched against the mighty Chinese state. The Rise of China, Inc. will interest many readers: it will compel business scholars to rethink state-firm relationships; assist multinational business practitioners in formulating effective strategies; aid policy-makers in countering China's expansion; and inform the public of the massive corporate organisation China has become, and how democracies can effectively deal with it.
Effective Cost Cutting in Asia
The days of cheap raw materials and energy sources are gone. Suppliers will demand price increases due to the rising costs of energy and materials. This book describes how your purchasing department is able to gain (more) profit for your company and includes new ideas for successful purchasing and supplier development in Asia. The author discusses how to reduce costs in productive (BOM) and non-productive materials (NPMs) and how to calculate product and tool costs. As well, the book shows ways to negotiate your results with your suppliers in Asia and build an effective system of supplier relationship management.
International Entrepreneurship in Emerging Markets
International Entrepreneurship in Emerging Markets: Contexts, Behaviours, and Successful Entry aims to provide a comprehensive understanding of international entrepreneurship in emerging markets. This collection of prominent, context-based chapters focuses on entrepreneurial activities in SMEs and analyses a specific dimension of international entrepreneurship in countries belonging to emerging markets. In a constantly evolving international business context, economies can play a crucial role in the promotion and support of firms looking for expanding their market globally. As such, internationalisation, considered as among the most challenging strategies, can provide an opportunity for Small and Medium-Sized Enterprises (SMEs) to seek for performance and growth. In this vein, although international business literature has prominently focused on developed countries, the contribution of emerging markets (EMs) has become as increasingly important contenders on the global scene. Emerging markets are known as growing fast economies, in which they provide an opportunity for SMEs to operate. Therefore, entrepreneurial firms, SMEs in particular, can take advantage of the context unique characteristics of emerging markets to successfully operate and grow not only in domestic but also in international markets. This book is essential reading for researchers, scholars, and practitioners seeking international entrepreneurial activities related to emerging markets.
Development Practice of Digital Business Environment in China
Introduction.- Concept Scope.- Digital Infrastructure.- Digital Order.- Digital Security.- Digital Services.- Digital Talents
Expatriates in Japanese Firms
Focusing on the experiences of foreign employees working in Japanese firms, this book identifies the trends and realities facing both expatriates and firms in the current landscape of the Japanese labour market. By utilising interview data from both expatriates and Japanese HR staff, this study identifies the fact that self-initiated expatriates often do not remain in Japanese firms for long and highlights the main factors that influence their decisions to leave; including difficulty adjusting to Japan's lifetime employment system, seniority-based pay, and the prevalence of unpaid overtime. The book reveals that whilst Japanese firms are adjusting to improve the retention of foreign employees, there remains a clear expectation gap between the two sides. Moreover, it outlines further potential adjustments that could be implemented to reduce the turnover rate of expatriates and create a more harmonious workplace both for expatriates and for local employees. This is an urgent challenge for Japan as it faces labour shortages.Featuring an in-depth exploration of first-hand experiences from direct testimonies of expatriates in Japanese firms, this book will be a valuable resource for academics and students of Japanese studies, human resource management, and organisation studies.
Business History
The evolution of business history offers some radical ways forward for a discipline which is rich in potential. This shortform book offers an expert overview of how the field has relevance for contemporary business studies as well as the social sciences more broadly, as well as practitioners interested in historical perspectives.This book not only provides a comprehensive review of how the discipline of business history has evolved over the last century, but it also lays out an agenda for the next decade. Focusing specifically on the 'three pillars' of research, teaching and practical impact, the authors have outlined how while the first has flourished across many continents, the latter two are struggling to overcome significant challenges associated with how the discipline is perceived, especially in the social sciences. A solution is proposed that would involve academics working more closely with practitioners, thereby increasing the discipline's credibility across key stakeholders.The work here presented provides a concise and easily digestible overview of the topic which will be of interest to scholars, researchers and advanced students focusing on the evolution of business history and its impact on the way the world conducts business today.
Love and Trade War
This book puts the trade war between the United States and China in historical context. Exploring the dynamics of isolation and internal reform from a Chinese perspective, the author draws upon valuable insights from China's years of isolation prior to the famous Nixon-Mao summit. Advocating internal reform as a more productive strategy than conflict with other powers, this powerful argument for globalization with Chinese characteristics will be of interest to scholars of China, economists, and political scientists.
At the Margins of the Global Market
Contemporary scholars debate the factors driving despotic labour conditions across the world economy. Some emphasize the dominance of global market imperatives and others highlight the market's reliance upon extra-economic coercion and state violence. At the Margins of the Global Market engages in this debate through a comparative and world-historical analysis of the labour regimes of three global commodity-producing subregions of rural Colombia: the coffee region of Viejo Caldas, the banana region of Urab獺, and the coca/cocaine region of the Cagu獺n. By drawing upon insights from labour regimes, global commodity chains, and world historical sociology, this book offers a novel understanding of the broad range of factors - local, national, global, and interregional - that shape labour conditions on the ground in Colombia. In doing so, it offers a critical new framework for analysing labour and development dynamics that exist at the margins of the global market.
African Special Economic Zones
This book evaluates African Special Economic Zones from the perspective of learning from China's experiences with such Zones and the impact of Chinese policy and investment on African Zones. Utilising case studies of perceived successful Special Economic Zones in China, the book proposes the Chinese Model of Special Economic Zones as an evaluation and benchmarking tool against which African Special Economic Zones are considered. Applying several case studies on African Special Economic Zones, the book then details the competitiveness of African Special Economic Zones with a specific focus on attracting Chinese investors to these Zones. The economic, social and environmental impact of these zones are appraised. African Nations' efforts, or lack thereof, to enable successful Special Economic Zones are critically analysed. Finally, Special Economic Zones in Africa are compared against the Chinese Model; and an African Model of Special Economic Zones is proposed. Recommendations are presented to both African Nations' leadership and Chinese policymakers and investors as to how these Zones can be improved to enhance competitiveness and the attainment of the Zones' sustainable development objectives.
US Trade Policies in a Changing World Economy
This collection of original essays focuses on issues of international trade and trade policy in a world that is undergoing structural adaptation and in the face of a serious increase in the US trade deficit. They bring a new consolidation of analytical perspective to a wide variety of current trade policy issues.In their overview chapter, Alan V. Deardorff and Robert M. Stern discuss developments in trade and protectionism, review the case for free trade and address the arguments in favor of trade intervention. Rudiger Dornbusch and Jeffrey Frankel analyze the macroeconomic setting in which changes have been made in US tariffs and NTBs.Stephen P. Magee and Leslie Young develop a model of endogenous protection and use it to search for microeconomic and macroeconomic variables that may help to explain changes in tariff and nontariff protection in the US since 1900. Paul Krugman takes up the question of identifying strategic sectors and the extent to which international competition and national government policies may affect the returns to such sectors under conditions of imperfect competition or when externalities are present. Avinash Dixit analyzes the responses that the US might make to other countries' trade policies in terms of how these policies affect US real national income and national security. He concludes that the US could use strategic advance responses to alter other countries' trade policies in a mutually beneficial way.Richard N. Cooper evaluates trade policy as foreign policy by looking at changes through three periods of US history. T.N. Srinivasan scrutinizes the national defense argument for government intervention in foreign trade. John H. Jackson in discussing alternative negotiation approaches for the conduct of US trade policies observes that the pursuit of multilateralism may be frustrating and that what may be needed instead is a minilateral approach to trade liberalization. In conclusion, W. Max Corden offers a package of rules that he believes may be both desirable and possible for the international trading system to attain.
Essays in International Economic Theory, Volume 2
These two volumes contain seventy essays chosen largely for theoriginality of their contributions.The first volume contains several classic papers.Among them are the many contributions to the theory of distortions in the 1960swhich laid the foundations of the postwar theory of commercial policy. Also includedare Bhagwati's important papers of the 1970s and 1980s which have shaped a newrevolution in the theory of trade and welfare: the political-economy-theoreticanalysis of DUP (directly-unproductive profit-seeking) activities. Influentialessays on the nonequivalence of tariffs and quotas, immiserizing growth, cost-benefit analysis in open economies, and other major areas of trade theory arecovered.The second volume presents essays that have opened up new areas of analysisin the theory of international trade and in the associated fields of public financeand developmental economics. Bhagwati's seminal work on the novel question of theappropriate income tax jurisdiction in the presence of international factormobility, his well-known analyses of the consequences of skilled migration, theproblem of the optimal choice between international capital and labor mobility, areall included.
Cross-Border Innovation in a Changing World
Over the last three decades cross-border innovation has profoundly changed. The fragmentation of global value chains, increased global connectedness, and pervasive digitalization have helped shape innovation processes that now increasingly span national borders. This changing process has involved a wide array of actors (players) in a variety of geographical locations and organizational spaces (places), calling for new guidelines, public interventions, and regulatory frameworks (policies). Considering this complexity, the existing literature has only partially captured the ongoing changes in cross-border innovation and showed a limited engagement in integrative, cross-disciplinary debate. This book presents complementary and novel perspectives on the phenomenon from distinguished scholars, bridging perspectives from a rich set of research streams including international business, strategy, innovation studies and policy, international economics, industrial organization, economic geography, ethics, and sustainability. Three distinct sections focus on the players, the places, and the policies in contemporary cross-border innovation. Together, the contributions highlight the changing role of multinational enterprises and the growing participation of emerging actors in cross-border innovation, via formal and informal networks which are increasingly shaped around highly mobile individuals and new geographical centres. The book also emphasizes the intertwined role of policies at national and international level, stressing the importance of supply- and demand-oriented policies and presenting intellectual property right policies as a double-edged sword for cross-border innovation.
South African Business in China
Sino-African relations have evoked a great deal of geo-strategic interest in recent years. Most attention has focused on China's assistance to and growing involvement in the economic development of several African nations. Far less emphasis has been placed on Africans in China, and on African actors' involvement in the Chinese economy, despite the importance of both to genuinely bilateral economic relations.This is one of the first studies to focus on South African foreign direct investment (FDI) in Mainland China. The research aims to identify and specify the key institutional factors that have contributed to the effectiveness or otherwise of South African firms entering and operating within the Chinese market. The research also investigates the characteristics and processes that have effectively shaped South African firms' business strategies to negotiate the current Chinese institutional environment. The study's primary empirical contribution is ten real-life case studies drawn from a cross-section of South African business actors who have sought to penetrate the Chinese market. These case studies are interrogated conceptually by means of a three-dimensional institutional model which explores the role of formal and informal business processes and practices in influencing business success and failure in the Sino-South African context.It will be of value to researchers, academics, policymakers, Sino-African business practitioners, and advanced students in the fields of international business, political economy, strategy, and Asian and African studies.
Resource Efficiency, Sustainability, and Globalization
The EU is a major trade partner with India, and economic linkages continue to deepen. India and the EU have increased their political interactions and are crucial partners in promoting sustainable development. Recent trends in India-EU relations show that New Delhi and Brussels are keen to expand their partnership in multiple areas, including sustainable development and natural resources management. This volume takes a unique approach to exploring the efficient management of resources in the era of resource depletion due to climate changes and business expansion, in conjunction with considering the multiple dimensions of India-European Union cooperation. It analyzes regional and global trends in the process of globalization and sustainable development, particularly in the context of natural resource management and resource efficiency. It offers a variety of perspectives through useful and current information in this field, providing a concise and holistic understanding of the issues and challenges faced when exploiting natural resources for sustainable and efficient resource utilization.
International Business
This fully revised and updated fourth edition of International Business offers an action- focused, practical approach to the topic, helping students understand the global business environment and its repercussions for executives. The book provides thorough coverage, delving into fundamental concepts and theory; the cultural, political, and economic environment; international business strategies; and even functional management areas. More comprehensive than competing books, this new edition of International Business includes: A new chapter on the digitalization of the global economy and its implications for firm strategy and organizations. New examinations of the forces of de- globalization, implications of rising trade protectionism, challenges of geopolitical conflicts, and a friction framework for understanding the effects of cultural differences. Enriched and expanded discussions about potential reconfigurations of global value chains following the COVID- 19 pandemic, changing perspectives on the role of the government with renewed attention to industrial policy, shifts in regional integration with the emergence of such new trade blocks as CPTPP and RCEP, and fresh insights on factors influencing a country's balance of payments. Strengthened, expanded global cases, examples, and "industry" and "country" mini- cases that give students practical insight into the ways companies actually behave within a competitive, global environment. Also featuring a companion website with a test bank, PowerPoint slides, and instructor's manual, this book is ideal for students and instructors of any international business course at undergraduate or postgraduate level.
Cultural Influences on the Process of Strategic Management
This unique book is positioned at the crossroads of strategic management and international business. Based on an in-depth literature review, the author empirically assesses the widely shared, implicit assumption that strategic management processes can be globally applied in a standardized, i.e., culture-free, manner. So far, a variety of tools have also been recommended but without incorporating cultural differences. As many organizations observe that this ethnocentric view is more an illusion than reality, strategic management research has started to focus on the cultural sensitivity of its theories, tools, and processes to provide practitioners in a multicultural setting with adequate know-how and tools. To foster long-term decision-making despite uncertainty, scenario planning is frequently applied by practitioners. Up until today, scenario planning has however gained little attention from the academic community. Through this book, the author presents a newly developedframework for strategic management that combines the cultural value scale to test the cultural sensitivity of the long-term planning tool called "scenario planning." The different process steps of scenario planning have been individually examined for their sensitivity toward the cultural dimensions of uncertainty avoidance and long-term orientation. The investigation is based on a unique, global set of management consultants working for a leading professional service firm. The results of this research show the cultural sensitivity of scenario planning, with different degrees of the process steps and the tested cultural dimensions.
Leadership Landscapes
'Leadership Landscapes' provides an invaluable reference point for senior executives or those striving towards a successful cross-border career, to understand how cultural differences impact upon leadership styles and practices. Each semester, we publish a report on our quantitative survey-based global study, alongside our review of extant in-country leadership literature, preferably written by local scholars and professionals in their native language. Moreover, we attempt to empirically validate these findings by conducting expert interviews with native specialists. This new issue of our ongoing leadership series presents country-specific analyses of culturally endorsed leadership practices and styles in the following countries: Channel Islands, Cuba, Ecuador, Egypt, Eritrea, Indonesia, Iran, Ireland, Nepal, Slovakia, Solomon Islands, Ukraine, Uruguay and Venezuela. This publication contains contributions from around 111 researchers from 26 countries who participated in the Cross-Cultural Business Skills elective offered by the Part-time Academy of the Faculty of Business and Economics at the Amsterdam University of Applied Sciences (HvA). The following authors contributed: Abigail Boadu, Abubakar Ahmadzai, Adam Omar, Raja Aleksander van der Heijden, Александър Миленков (Aleksandar Milenkov), Andres Figueira, Antero Do Valle, Bo Jongejan, Boy Dekker, Carenza Kral, Casper Smit, Chynna Zeegelaar, Daan Smit, Dalia Ben Masoud, Dani Ruiz de Alegria Ezcurra, Dani禱l van de Merwe, Daniela Lozano Traviesa, Danielle de Vries, David Makkinje, Dennis Mackaaij, Derav Berwari, Dion van Dieren, Duncan Egberts, Emilia Gabrielsen, Eva Sadler, Fawad Jafari, Ferry Bakker, Fiete Kaupp, Frans Westerman, Gail van Loveren, Giovanni Bekker, Hamlin El Azab Ali, Hannah Connell, Ilana Holthoer, James Hall, Jawwad Saleem, Jaz Wanamaker, Jirmeja Yspol, Joachim de Vos, Jo瓊o Filipe Salvador Cabrita, Karim Erakrak, Kenan Doğan, Kevin Koolman, Kuba Kacperski, Lars Groot, Laurens Mutsaers, Lianne Bakker, Lita van Loo, Lizan Lemmen, Lugino Samseer, Lyon Goes, Любен Шкалов (Lyuben Shkalov), Maarten Schooneman, Mara El穩cegui Ortiz De Urbina, Marc Orlandini, Mar穩a ?lvarez Aguirre, Maria Canal Clavell, Maria Paradell Barrena, Marie-Louise Ammann, Matt Bouman, Mejrem Beka, Melanie Flohil, Melody Kroneraff, Menno Fouchier, Merve Aky羹z, Michael Sheikrojan, Michel Pan, Michiel Adamse, Mickey Nieraeth, Miguel Fajardo Presencio, Milou Ruizendaal, Miriam Vadillo Garcia.
Negotiating Trade in Uncertain Worlds
This book shows how a constructivist account of bargaining sheds new light on the emergence of impasse situations in international trade negotiations. It uncovers the subtle ways in which misperceptions - and the problems of overcoming them - complicate negotiations. It brings to the forefront misperceptions and sticky beliefs that complicate trade talks between the Global South and the Global North.Empirically, the book examines the recent negotiations of Economic Partnership Agreements between the European Union (EU) and West Africa (2002-2014). In doing so, it enriches the study of negotiations of development-oriented trade agreements in the context of a major North-South partnership. By exploring a constructivist perspective on game theory, the author uncovers how the repeated impasse situations followed from the different "games" both sides expected to be playing. The author shows that such misperceptions endured because they reflected deep-seated normative disagreements not only over the effects of neo-liberal trade reforms, but also over how to structure EU - Africa post-colonial trade relations in the 21st century. Comparing and contrasting both sides' divergent perspectives helps us to see how trade negotiations are never just about economic interests, but also about the (re)negotiation of the values and ideas that structure state interaction. The book draws on a large set of qualitative primary data on EU-West Africa trade negotiations.Negotiating trade in uncertain worlds will be of great interest to students and scholars of international relations, international political economy, international trade, international negotiations, EU external relations, EU-Africa cooperation, economic diplomacy, international relations of the developing world, and North-South cooperation.
Shades of Sovereignty
This book traces the role of money in the creation of the state. From US independence to the establishment of the EU and the breakup of the USSR and beyond, Wilson examines changing attitudes about monetary sovereignty, arguing for a more rational attitude toward money as a means of transactions rather than as a symbol of national identity.
Good Business in any Language
Take your business global - this 5 steps LINGO model shows you how!Businesses should never depend on a single customer - so why depend on a single marketplace? But 'export' can be a scary word. Many SMEs think it's only for large companies - this book blows that myth out of the water! A practical guide to getting started in the global marketplace with a simple, 5-step model (LINGO) that takes you from checking out the potential through to being fully operational. This book is essential reading for SME executives who are looking for smart ways to grow their businesses globally.'I would like to see this book as the 'go to' reference for future business owners, export managers and their teams' Stuart Gibbons OBE, MD, Le Mark Group, D.I.T Export Champion 'As always, Levent offers sensible and relevant advice in this book. Make this your essential reading if you are trading internationally' Susannah Poulton, International Trade Advisor
One Brick at a Time
For over 4 1/2 years, Rich Walton was a civilian contractor working on construction jobs in the Afghanistan war zone. His role included actively connecting with US and Afghan military and the heads of various coalition task forces. In addition to working on military bases surrounded by protective walls, he worked outside the bases on schools, women's dorms, medical clinics, and public structures being built in the Afghan villages. The Taliban and other terrorists did not want these structures built, so the dangers were very real and a constant threat. This book will give you insights on how Rich Walton became an expert drumming up construction jobs and how creative business networking amidst sniper fire and terrorist attacks helped him succeed in business and make it out alive. Some of his stories and photos will tug at your heart emotionally while others are unbelievably hilarious. Through these experiences, you will see how Rich Walton came to be known as The Face of America the Afghans will Remember. Includes resources, study guide questions, and military terminology lists.
Maritime Logistics
Sea freight remains overwhelmingly the most common form of transport for goods globally. Grasp the core theories and understand the latest research in maritime logistics, along with how this field operates and contributes to global supply chains, with this key textbook.Maritime Logistics provides a complete overview of the core concepts within this discipline from a range of international expert contributors. This textbook examines the recent developments in the ports and shipping industries including supply chain strategies and emerging, innovative practices. Designed for maritime students and professionals, the structure offers a complete approach with an emphasis on developing a well-rounded knowledge and understanding of the field. The third edition is fully updated with new content on maintenance optimization, supply chain integration, economies of scale within liner shipping and port performance and management. In addition, this edition examines new technologies, considers new and existing risks to the maritime supply chain as well as generally how maritime logistics will continue to evolve. For those seeking to become maritime logistics specialists, this is the authoritative companion.
Potential Exports and Nontariff Barriers to Trade
This publication explores how Bhutan could boost its exports by addressing nontariff barriers to trade. It focuses on sanitary and phytosanitary measures and technical barriers to trade, and on export products that have the potential to increase their market share in Bangladesh, India, Maldives, Nepal, and Sri Lanka. It considers options including legal reforms, the upgrade of quality standards and laboratory equipment, and institution building of accrediting bodies and conformity assessment bodies. Practical recommendations suggest ways forward for both the public and private sectors.
China, Hong Kong, Taiwan, Inc.
On the eve of June 30, Hong Kong was officially passed back to China. This event will mark what Willem van Kemenade sees as the start of an increasingly problematic -- and even dangerous -- reintegration of the old Chinese empire into a new world superpower. Since the early 1980s, investment money has been pouring into China from Hong Kong and trade has escalated at a rocket's pace. A few years later, the same pattern began between China and Taiwan. The combination of Hong Kong/Taiwan management, financial and export know-how with China's inexhaustible pool of cheap labor and land has enabled China in one decade to leap from an impoverished revolutionary state to a major international trading power. This economic boom, in conjunction with the violation of intellectual property rights, systematic tax fraud, and the corruption of the police force, has helped shape the "socialist market economy," China's third way -- and a new mix of old-fashioned Soviet Communism and East Asian capitalism. The formal addition of Hong Kong will add to this mixture the democratic structures set in place by the British. And, as China moves to reclaim Taiwan (the process has already begun), it will be incorporating a rival Chinese sub-nation with a fully election-based political system and a powerful independence movement. Can such a reunified China resist the "spiritual pollution" of democratic values, human rights, and political freedom? Will it become the first depoliticized "corporatist superpower"? What are the prospects that reunification will be peaceful? Van Kemenade's portrait of the true internal power structures of the three Chinas provides our clearest look yet at the fastest-rising new empire in the world today.
International Business Strategy
Now in its third edition, this core textbook for advanced undergraduate, graduate, and postgraduate students combines analytical rigour and managerial insight on the functioning and strategy of large multinational enterprises (MNEs). Verbeke and Lee develop an original conceptual model that supports student learning by providing an integrated perspective, rooted in theory and practice. The discussion also includes unique commentaries on seventy-four seminal articles published in the Harvard Business Review, the Sloan Management Review, and the California Management Review over the past four decades, demonstrating how the key insights can be applied to real businesses engaged in international expansion programmes, especially as they venture into high-distance markets. This third edition has been thoroughly updated and features new sections on multinational entrepreneurship, strategic challenges in the new economy, and international business strategy during globally disruptive events, including the COVID-19 pandemic. Students will benefit from updated case studies, improved learning features, and a wide range of online resources.
The Theory of Guanxi and Chinese Society
The concept of guanxi is used extensively in Chinese society. Loosely understood as 'connections' or 'networks', it refers to long-term mutually reinforcing exchanges between individuals based on affective and normative commitments. This book comprehensively examines the nature and background of this extremely significant and distinct feature of Chinese social, political, economic, and business relations. It takes account of the major theoretical frameworks that relate to the long-term connections that are developed to pursue instrumental advantage in a society marked by relatively weak legal and regulatory institutions. The book locates such theorizing in the major features of the rapidly evolving Chinese market society. Yet it also pays attention to the historical origins and cultural sources of a highly particularistic approach to the acquisition of social and material resources -- an approach which relies on obligatory relations of favour exchange between persons who self-consciously and strategically select their associates and goals. This sociological treatment of guanxi challenges many dominant conventions and introduces a novel research approach which captures the pertinent psychological dispositions, cultural expressions, and institutional frameworks that underpin the phenomenon.
State-Firm Coordination and Upgrading
Since the 1980s, Spain and South Korea have experienced a dramatic transformation from middle-income to advanced economies. While market liberalization and globalization were important forces for change, and while states continue to be central in the organization of the Spanish and South Korean economies, the liberal and the developmental state perspectives do not provide an understanding of critical elements of these transformations. Building on a combination of historical institutionalism and international business literature, this book shows that upgrading was underpinned by cooperative models based on interdependencies and quid pro quo exchanges between national governments and large firms. The negotiated nature of these arrangements opened the door to institutional variation and enabled Spain and South Korea to pursue different strategies. Spain pursued an integrational approach based on foreign direct investment, technological outsourcing, and regional integration. South Korea pursued a techno-industrial strategy that prioritized self-sufficiency and the development of local technological capacity. Both strategies enabled Spanish and South Korean firms across multiple complex sectors to reach the efficiency frontier, but resulted in different productive specializations in complex services and manufacturing respectively. Through a comparative study this book shifts our perspective on the political economy of economic transformation: from markets or states, to state-firm coordination, as a driver for economic transformation; from one, to at least two, different pathways to upgrading; and from a world divided into emerging economies and world leaders, to a more nuanced perspective that recognizes the perspective of new advanced economies.
World Economy: International Trade, Economic Systems and Development
The world economy refers to the global exchange of goods and services, expressed in monetary units. It also means an aggregate of economic measurements of separate countries. The statistical indicators of employment, industries, energy, transport, etc. are significant for understanding global economy. Economic indicators include gross domestic product (GDP) per capita, gross world product, world median income, inflation rate, etc. Estimation of world economic activities is calculated by converting market valuations of a local currency into a single monetary unit with respect to the purchasing power. This textbook picks up individual indicators and explains their need and contribution in the context of a growing world economy. It elucidates the concepts and innovative models around prospective developments in the crucial areas of international trade, economic systems and development. In this book, constant effort has been made to make the understanding of the difficult concepts of world economy as easy and informative as possible, for the readers.
Huawei Goes Global
Huawei Goes Global provides a much-needed, comprehensive, and scholarly examination of the business environment and the striving global operations of China's technology giant. With theoretical research, case studies, data analysis, and empirical studies, this two-volume work tells a fascinating story of internationalization in an emerging economy. As one of the most powerful Chinese companies in the global economy, the largest global telecommunications-equipment producer and a leading consumer-electronics manufacturer, Huawei is a great example of the globalization of the Chinese enterprises in the twenty-first century. In Volume I, scholars critically examine the rise of Huawei as a Chinese global enterprise from the political economy and public policy perspectives, as well as Huawei's development strategies, innovations, and talent management. In Volume II, multiple authors carefully study the growth of Huawei from regional and geopolitical perspectives, andits corporate communication and crisis management. Within the framework of the trade conflicts between China and the US, controversies over economic sanctions, intellectual-property disputes, and espionage and cyber security concerns, this groundbreaking work makes an important contribution to both academic literature and the ongoing public discourse on Huawei.Volume II is available here: https: //www.palgrave.com/gp/book/9783030475635
Freight Broker and Trucking Business Startup 2021-2022
Become Part of a Champion Industry that Overpowers Even the Toughest Economic Crises. Take a minute of your time, and look around you. Notice the furniture, gadgets, books, and all the other stuff you have lying around your home or office. Chances are, the majority of those items came to you by truck. E-commerce has changed the way we buy and sell things, especially in the light of current global events. This, in turn, has created a huge, global demand for transport carriers, especially motor carriers. The trucking industry has been flourishing and growing for some time now, and it will continue to do so, according to a market research report from Technavio. They predict that the global market size will reach an impressive $41.47 billion by 2024. This extremely favorable forecast provides a fantastic opportunity for those who wish to become a part of this lucrative industry. Large trucking companies own a significant portion of that cake, but a huge amount of transport in the US is handled by freight brokers. In fact, the demand for these cargo intermediaries has risen exponentially throughout 2020, and market analysis shows that this is the perfect time to break into a freight industry. But there is a catch. Many have already recognized this amazing opportunity, and the number of independent freight brokers is increasing. Luckily, the market is so huge that there's enough room for more, but competition is a factor that needs to be considered. This is why those who are considering to venture into the freight broker industry need to tread carefully, and take certain steps to ensure not only a great start to their business, but the potential to grow and expand. In Freight Broker Business Startup 2021-2022, you will discover: ● A comprehensive guide through start-up costs and expenses, to help you invest your money smartly, and avoid unnecessary expenses● How a bad business plan (or lack of it) can make your business fail before it even starts -- and a simple, effective template for writing one● A list of every form and license you'll need to obtain to start this business, including a guide through the best current Transportation Management System softwares● Marketing strategies and networking tools, to help you understand exactly what your customers want, and how to provide it Plus, as a bonus: In Trucking Business Startup 2021-2022, you will discover: ● The best way to get regular customers for your business without having to give any commission● Up-to-date information on the applicable laws and regulations that you need to comply with before you startAnd much more. What makes the freight broker industry so desirable is its simplicity. No matter your background, education, or experience, you can succeed in this market and create a profitable business from scratch. If you're ready to become a successful freight broker, then scroll up and click the "Add to Cart" button right now.
Freight Broker and Trucking Business Startup 2021-2022
Become Part of a Champion Industry that Overpowers Even the Toughest Economic Crises. Take a minute of your time, and look around you. Notice the furniture, gadgets, books, and all the other stuff you have lying around your home or office. Chances are, the majority of those items came to you by truck. E-commerce has changed the way we buy and sell things, especially in the light of current global events. This, in turn, has created a huge, global demand for transport carriers, especially motor carriers. The trucking industry has been flourishing and growing for some time now, and it will continue to do so, according to a market research report from Technavio. They predict that the global market size will reach an impressive $41.47 billion by 2024. This extremely favorable forecast provides a fantastic opportunity for those who wish to become a part of this lucrative industry. Large trucking companies own a significant portion of that cake, but a huge amount of transport in the US is handled by freight brokers. In fact, the demand for these cargo intermediaries has risen exponentially throughout 2020, and market analysis shows that this is the perfect time to break into a freight industry. But there is a catch. Many have already recognized this amazing opportunity, and the number of independent freight brokers is increasing. Luckily, the market is so huge that there's enough room for more, but competition is a factor that needs to be considered. This is why those who are considering to venture into the freight broker industry need to tread carefully, and take certain steps to ensure not only a great start to their business, but the potential to grow and expand. In Freight Broker Business Startup 2021-2022, you will discover: ● A comprehensive guide through start-up costs and expenses, to help you invest your money smartly, and avoid unnecessary expenses● How a bad business plan (or lack of it) can make your business fail before it even starts -- and a simple, effective template for writing one● A list of every form and license you'll need to obtain to start this business, including a guide through the best current Transportation Management System softwares● Marketing strategies and networking tools, to help you understand exactly what your customers want, and how to provide it Plus, as a bonus: In Trucking Business Startup 2021-2022, you will discover: ● The best way to get regular customers for your business without having to give any commission● Up-to-date information on the applicable laws and regulations that you need to comply with before you startAnd much more. What makes the freight broker industry so desirable is its simplicity. No matter your background, education, or experience, you can succeed in this market and create a profitable business from scratch. If you're ready to become a successful freight broker, then scroll up and click the "Add to Cart" button right now.
CFAF misalignments and trade volume in the CEMAC zone
This book aims to address the ongoing concern of whether the CFAF of CEMAC countries is overvalued or undervalued, and to show the effects of REER misalignments on trade performance in the CEMAC zone by identifying its transmission channels. To this end, the misalignments are first calculated from the REER estimate, WB and CEPII data over the period 2000-2017. The explanatory model of the trade volume of the area is estimated using the panel double MC technique over the same period. The results reveal that these misalignments contribute to the increase in the volume of exports of these countries. These effects would be due to the magnitude and persistence of the current overvaluation of the CFAF and the price inelasticity of demand for exports in the mining and oil sectors. However, the volume of exports is not at its optimal level. It is therefore advisable to implement a monetary policy that reduces the high dependence on the euro, which amplifies the overvaluation of the CFAF and therefore minimizes the volume of exports.
International Business in a Globalizing World
The trade of goods and services at a transnational or global level is referred to as international business. It involves the cross border transaction of numerous economic resources such as capital, people and skills. These are used to produce services like banking, finance, construction and insurance as well as physical goods at an international level. There are numerous factors, which contribute to the growth in international business such as expansion of technology, removal of international business restrictions and increase in cross-national cooperation. In order to facilitate international business, multinational companies are required to connect separate national markets into one global market. This textbook covers in detail some existent theories and innovative concepts revolving around international business. It picks up individual branches and explains their needs and contribution in the context of a growing economy. Those in search of information to further their knowledge will be greatly assisted by this book.
International Trade
The exchange of capital, goods and services, across international borders is referred to as international trade. It is a complex process that takes place between two or more nations. Various factors like currency, government policies, judicial system, economy, laws and markets have a significant influence on international trade. Global trading provides consumers and countries with exposure to new markets and products. There are various theories and models which are used to analyze and explain the factors behind international trade. A few of them are Heckscher-Ohlin model, specific factors model, Ricardian model and Adam Smith's model. This book unfolds the innovative aspects of international trade which will be crucial for the holistic understanding of the subject matter. It picks up individual branches and explains their need and contribution in the context of a growing economy. Through this book, we attempt to further enlighten the readers about the new concepts in this field.
Successfully Negotiating in Asia
Successful negotiation requires understanding your counterpart's culture, their feelings, habits and values. When planning to do business with suppliers and other partners in Asia, thorough preparation is essential in order to avoid misunderstandings, confrontations and disappointments, and to ensure the mutually desired success. This book offers a comprehensive guide to communication, argumentation, and negotiation by demonstrating success pathways with a focus on specific types of negotiator or negotiation partner from the different regions of the Asian continent. Readers will learn to negotiate the Chinese, the Indian and the Japanese way, and come to understand how Asians approach negotiations. Written by a truly international author, both academic and practitioner, with extensive experience in both Eastern and Western cultures, this book offers a valuable resource for anyone who relies on successfully negotiating with Asian partners.
Fair Wealth Annual Report 2019
Chapter 1: Introduction of Fair Wealth.- Chapter 2: The Annual Theme of Fair Wealth.- Chapter 3: Results of Fair Wealth Evaluation.- Chapter 4: Analyses of Fair Wealth Evaluation Results.- Chapter 5: Other Projects of Fair Wealth.- Chapter 6: Fair Wealth Theory and Methodology.- Chapter 7: Appendices.- Chapter 8: References.
Dubai - The Epicenter of Modern Innovation
International and global in nature, Dubai - The Epicenter of Modern Innovation: A Guide to Implementing Innovation Strategies provides a roadmap for the successful implementation of innovation for companies and businesses currently working in the Middle East, the UAE, and more specifically, Dubai. The discussion focuses on implementing sustained innovation success within several industry segments, while identifying past, current, and future innovation-related successes that are leading to Dubai's rise as the epicenter of innovation in the Middle East and most notably, the world. The authors share key innovation leadership philosophies from Sheikh Mohammed bin Al Maktoum, recognized business leaders, and the highest levels in the UAE.This book: Features key leadership and innovation insights relative from the highest levels of government, including Sheikh Mohammed bin Al Maktoum and multiple UAE ministry officials. Focuses on the United Arab Emirates (UAE), most specifically, Dubai and the Nation's preparation for hosting World Expo 2020. Contains numerous examples of past, present, and future innovations in Dubai. Provides an easy to implement innovation process management methodology, which has been tested to work in various businesses and organizations. Authored by individuals who have 'on the ground' experience living and working with the chief architects of Dubai's innovation vision and strategy. This book will attempt to take the reader through the construct of this new innovative revolution, particularly in Dubai, and provide a bird's-eye view of how it came about. Most notably, the discussion will walk the reader through key milestones instrumental to Dubai's success--such as the present and past leadership, culture, strategy, and strategic vision. In addition, the discussion will present an industry agnostic, agile and progressive approach to building and leading successful innovation teams through to a successful project out-come and the attributes of good innovation leadership.
Mergers and Acquisitions
The process of identifying and evaluating a target firm, completing a deal after its negotiation and announcement, and then integrating a target firm after legal combination is a multi-year process with uncertain returns to acquiring firms. Research on mergers and acquisitions (M&As) is progressing rapidly yet it remains fragmented across multiple research perspectives that largely examine different acquisition phases separately and coincide with a focus on different research variables. As a result, research fragmentation means that a researcher in one area may be unaware of research from related areas that is likely relevant. This contributes to research silos with M&A research displaying different traditions, starting points, and assumptions.Mergers and Acquisitions: A Research Overview summarizes the frontier in M&A research and provides insights into where it can be expanded. It undertakes the needed integration and reconciliation of research in order to derive practical knowledge for managing acquisitions from beginning to end, providing a summary of what is known and its implications for future research.This concise overview reconciles and integrates the state of the art in our understanding of mergers and acquisitions, providing an essential first stopping point in the research journey of students and scholars working in this area.
Teaching International Business
Instill social responsibility in your students!"Ethical behavior in international business is our strongest hope, especially at a time when alternative systems of governing individual and corporate behaviors are at their weakest levels." --Gopalkrishnan R. Iyer, from the chapter "Approaches to Ethics in International Business EducationIn recent years there has been a rapid growth of academic and practical interest in business ethics and social responsibility at the corporate level. Teaching International Business: Ethics and Corporate Social Responsibility is a collection of academic writings on the issues and challenges of incorporating ethics and corporate social responsibility concerns into international business education. The logic of economic globalization presumes that economic principles and business ethics are universal, but in fact, cross-cultural realities and indigenous perspectives are often quite unique. Teaching International Business: Ethics and Corporate Social Responsibility covers the major perspectives in business ethics as they relate to international business.In Teaching International Business: Ethics and Corporate Social Responsibility, you will explore: techniques and approaches for teaching ethics and social responsibility to your students individual versus corporate responsibility cultural effects on generally accepted accounting principles (GAAP) cultural effects on generally accepted auditing standards (GAAS) globalization and its impacts ethical issues in international marketingTeaching International Business: Ethics and Corporate Social Responsibility brings you ethical issues and perspectives in economics, management, finance, accounting, and marketing. The broad range of approaches and issues presented here will be of immense use to educators teaching foundational international business courses. This volume will go a long way in gripping students'interests while delivering relevant educational information.
Teaching and Program Variations in International Business
Use the Internet and cutting-edge strategies to make your program more competitive!To remain competitive in an increasingly global economy, universities must develop effective strategies for teaching international business. A successful program can attract not only the best-qualified local students, but also top-notch students from other countries, enriching the formal curriculum with cultural diversity and building valuable multinational bonds among students. Teaching and Program Variations in International Business is an informative guide to successful strategies for teaching international business. It draws on the practical experience of several highly respected international business programs, as well as research into students'perceptions of their university experiences.This book covers many aspects of designing an international business curriculum, from the most effective ways to organize international fieldwork to the differences between foreign and domestic students'expectations of the university. In addition, it offers solid information on encouraging cross-cultural awareness and cooperation. Teaching and Program Variations in International Business is an invaluable guide to many areas of teaching international business and will give you a working knowledge of: how to use advanced technologies to facilitate virtual teamwork among students in different countries how to harness the Internet to provide an effective, low-cost experience of international cooperation and foreign cultures how to integrate international field experience into a broader teaching strategy what skills students need to operate effectively in other cultures how you can foster global competence and teach critical managerial skills the contrasts between the perspectives of developed and emerging countries how to identify the essential components of a well-designed information system in a global environmentAny university can teach the facts of international business. Only the best-prepared can teach the truths. Teaching and Program Variations in International Business can help you build a curriculum to help your students learn the truths of working in and with a different culture.
Options TrАding for BЕginnЕrs ( 2021 )
Want to trade your way of success on the market of options?The market of options is incomprehensible to a beginner, All that jargon, all those calculations - it's a hard game to get into from the start and even harder to get right. On the contrary, learning the ropes opens the door to an exciting new way of measuring risk, finding the right investments, and eventually satisfying your bank balance.This book is here to teach you how to recognize the market options from scratch. You'll know exactly how to handle your options by the time you finish reading - and how to make them wise.Let's get started with Trading Options!Trading options is all about knowing what's beneath the market, and this guide will lead you through the exciting phase.Giving it ONE WEEK and you're going to TRIPLE your chances of profiting on the options market. Give it a month, and you'll see that you 're not just confident enough to make investments at will, you 're making a tidy deposit into your trading account in the right way.In this book You'll read: Trade styles and how you can profit from themStrategies to get the most out of your investment capital.How to view market patterns, how to spot big investments - and how to make money.Difference between options and stocksAnd a lot, more.If you are not reading this guide, you risk losing your life savings on the market of options.These methods have been demonstrated to work over a hundred times.This book will convince you that it's not nearly as unfathomable to grasp the fundamental concepts of the options market as it seemed from a distance. It takes a few simple steps, and within a few short days, you'll start noticing a difference - and all for less than a pocket calculator's cost.
Local Tax Benefits at a Distance
This book discusses the concepts, types, models, and patterns of Japan's Hometown Tax Donation Payment system, to provide a clear picture of this newly developed unique and innovative fund-raising tool used by municipalities. It also sheds light on the influences that reciprocal gifts provided by each municipality to donors have on local economies by reviewing empirical works and surveys targeting local business owners and local financial institutions. A distinguishing feature of the book is that it introduces a new social finance mechanism that is unique to the Japanese market and could provide policy implications for small and medium-sized enterprises (SMEs) as well as regional development. Furthermore, the book explores the efficacy of the demand-pull approach to support-strengthening SMEs, especially in rural areas. Finally, the book identifies some lessons learned from the system with a view toward advancing research on this phenomenon and making the system efficient and sustainable. As a whole, the book can provide ample benefits to novices, academics, researchers, and policymakers interested in Hometown Tax Donation Payment, an innovative social finance tool.This is an open access book.
The Art of Going Global
Internationalizing your firm presents both exciting opportunities and daunting challenges, regardless of your industry. While strategy will vary from firm to firm, this book provides a solid set of decision-making tools that will support you as you take your company global. Starting with the most important step - cultivating a truly international perspective in your senior management team - it sets out the pros and cons of each choice you will face as you define and shape a global strategy. With a pragmatic toolkit provided at the end of each chapter, The Art of Going Global will help to improve your decision-making capabilities in relation to a range of challenges, including: - Selecting foreign markets - Adapting your business model- Navigating uncertain global markets- Managing across cultures- Choosing between entry mode options With case studies and insights illustrating how to apply each toolkit, this book is ideal for practitioners, MBA students, and those in executive education. It will help you to consider a variety of alternative solutions for key managerial decisions on internationalization, the costs and benefits of different strategic scenarios, and ultimately drive you to create a clear global vision for your firm.
Become the STANDOUT firm that people want to buy from, work for and rave about.
If you have a sneaking suspicion or that sinking feeling that businesses across your industry are starting to look and feel pretty much the same, there are probably two things to say about that: you're right and imagine how it must seem to your client base.Stand Out is the final piece of the puzzle (or possibly the cornerstone) of business today. The truth is that competition has never been more fierce and your target market has never been more informed. So, this book is a warning, a beacon and a manual for those interested in and committed to: Making a difference by treating clients differentlyReal change in terms of ways of working as well as working with your peopleEnjoying the benefits of being selectiveEnsuring that their priorities are yours as wellIncreasing your value to your clientsRemember, the ability to stand out is not about what works on your clients, but what works for them - that's what is going to work for you. So, let's get to work.
