This article discusses China's growing role in international business. It begins by describing developments in the country's inward and outward foreign direct investment (FDI) and the forms adopted ...for such investment. China is both a host environment and active player in the international economy which has become both hugely significant, and which poses new challenges for international business analysis. It continues by considering the kind of environment that China presents for international business, one in which the state continues to be closely involved. The last section turns to the implications China has for international business analysis, concerning the role of national institutions, the strategies available to foreign investing firms for coping with environmental complexity, and issues posed by its patterns of outward FDI.
Global Competition: The New Reality Young, John A.
California Management Review,
04/1985, Letnik:
27, Številka:
3
Journal Article, Book Review
Recenzirano
The U.S. has not responded wholeheartedly or effectively to the challenge of international competition. Our competitive position is eroding. Reversing this trend requires more than new tactics or new ...roles for government—government has not effectively performed the role it already has. This article is based on the report of the President's Commission on Industrial Competitiveness, which was chaired by the author.
This paper studies the factors associated with outbound bilateral mergers and acquisitions (M&A) activity by firms located in emerging economies. The authors document recent trends in emerging market ...M&A flows, which have risen dramatically over the past decade, and explore the factors that may have contributed to this rise. They find distinct patterns for M&A deals according to whether the acquisition targets are in other emerging economies or advanced countries, and that these differences can be attributed to differing theoretical motivations behind foreign direct investment. The authors also consider the implications of their model for future M&A originating in the global South, in light of the global financial crisis of 2008.
BRITAIN'S CURRENT AND FUTURE ROLE IN THE INTERNATIONAL ECONOMY WILL BE AFFECTED BY THREE STRUCTURAL CHANGES IN THAT ECONOMY: THE INTERNATIONALIZATION OF BUSINESS ACTIVITY; THE CHANGING BALANCE ...BETWEEN MANUFACTURING AND SERVICE INDUSTRIES; AND THE LEGACY OF OIL EXPORTS. THE AUTHOR DISCUSSES THE IMPLICATIONS OF THESE PRIORITY ISSUES FOR BRITAIN OVER THE COMING DECADE.
In a few short years, Embraer, the Brazilian state-owned aerospace company, captured a third of the U.S. market for turboprop aircraft with its Bandeirante plane. The aircraft's physical ...characteristics and price, as well as market conditions created by deregulation, all contributed to its marketing success. However, subsidized financing was also important in helping the plane gain market share. This article explores the broader implications of competing with subsidized state-owned enterprises and examines Embraer's success in competing in a high-technology industry with companies from more developed countries.
