•Deployment of Internet marketing capabilities enhances international information.•Internet marketing capabilities indirectly leads to international market growth.•International strategic orientation ...is key in leveraging.•Internet marketing Normal 0 false false false EN-AU X-NONE X-NONE.
The Internet has been shown to facilitate elements of internationalisation such as information accumulation and network opportunities. However, there is limited understanding of how the Internet combined with marketing capabilities drives international market growth. This study, based on a sample of 224 Australian firms, develops and tests, using structural equation modelling (SEM), a conceptual model of Internet marketing capabilities and international market growth. Results indicate that firms deploying Internet marketing capabilities will benefit due to the reduction of information uncertainty and increased capacity to develop international network capabilities. Moreover, Internet marketing capabilities indirectly lead to international market growth when the firm has a high level of international strategic orientation and international network capabilities. Overall, Internet marketing capabilities enhance the firm's ability to generate other internal capabilities within the firm, which in turn have a positive impact on the international market growth of the firm.
The primary objective of this study is to empirically examine the effect of stock market growth and foreign direct investment (FDI) inflows on CO2 emissions. Further, this study investigates the ...impact of renewable energy consumption on CO2 emissions and economic output in a panel of the G20 countries. The empirical analysis was carried out on the full sample as well as on sub-samples of developed and developing economies of the G20 member countries. The results confirm a significant long-run equilibrium relationship among the variables across the panels. Further, the long-run elasticities suggest that FDI significantly reduces CO2 emissions in the full sample and developing economies while stock market growth reduces in developed economies. Similarly, the renewable energy consumption substantially reduces CO2 emissions and increases economic output across the panels. Our findings have important policy implications. For instance, the policy makers have to initiate effective policies to promote the renewable energy sources to meet the increasing demand for energy by replacing the use of conventional energy such as coal, gas and oil. This will therefore help to reduce the CO2 emissions and also ensure sustainable economic development in the G20 nations.
•Impact of renewable energy consumption on CO2 emissions and economic output•The effect of stock market growth and foreign direct investment (FDI) inflows on CO2 emissions in G20 countries•Provides a comprehensive analysis of the relationship for G20 countries
This study investigates the impact of both FDI inflows and stock market developments on clean energy use across 20 emerging market economies, spanning the period 1991–2012. It accounts for ...cross-sectional dependence and heterogeneity in the analysis and employs robust panel econometric techniques. The empirical results on long-run elasticities display that economic output, FDI inflows and stock market developments have all a significant positive impact on clean energy consumption. Finally, the results on heterogeneous panel non-causality tests indicate the presence of unidirectional causality running from FDI to clean energy consumption in the short-run. For robustness purposes, the paper also estimates long-run elasticities for individual countries, with the findings documenting that both FDI inflows and stock market developments have a considerable positive impact on clean energy uses. The findings urge that both policy makers and governments in these emerging market economies should initiate effective public-private-partnership investments in clean energy projects by providing lucrative incentives, which, in turn, will encourage both domestic and foreign investors to invest more in clean energy projects and, eventually, moving these economies towards sustainable economic growth.
•This study explores the impact of FDI inflows and stock market on clean energy use.•It uses 20 emerging market economies spanning the period 1991–2012.•It accounts for cross-sectional dependence and panel econometric methodologies.•Output, FDI inflows and stock markets positively impact clean energy consumption.•Policy makers should initiate effective investments in clean energy
•The contracts are more effective than incentives for the FCEV market growth.•The fuel price contract leads to the highest market demand and annual profits.•The supplementary subsidy contract ...increases profits per investment.•Capital cost-based incentives accelerate to reach a target market size.•Consumer-oriented and operating cost-based incentives enhance the market demand.
Climate change has emerged as one of the most challenging problems facing the world. Due to the greenhouse gas emissions of gasoline and diesel-powered vehicles, automakers have introduced more eco-friendly products, such as fuel cell electric vehicles (FCEVs). However, despite government policies and collaborations, the market share of FCEVs is far below the target level. Hence, this paper focuses on the FCEV market growth and analyzes the effects of contracts and government incentives. The fuel price (FP) and supplementary subsidy (SS) contracts are developed for collaborating a hydrogen supplier and automaker framework. Furthermore, four different government incentives are examined. The results imply that incentives supporting the capital costs are more effective in the startup phase to increase the number of companies entering the market and accelerate to reach a target market size. On the other hand, consumer-oriented and operating cost-based incentives are more capable of market demand enhancement and growth. Only the tax credit of 8,000 USD generates higher market demand and annual profits than the contracts in some cases, and both contracts dominate all the other incentives. Hence, depending solely on government incentives will not be enough for market growth, and it will take ages to reach a target market size without contracts. The stakeholders with sufficient initial capital can prefer the FP contract to achieve the highest market demand and annual profits. If the stakeholders have less capital, they can apply the SS contract to earn higher profits per investment. Both contracts are strict Pareto improving and fair.
•The order of entry has a U-shaped influence on firm performance in online IT service markets.•This nonlinear entry timing effect holds with different performance metrics.•Market growth moderates ...this nonlinear entry timing effect, but market concentration does not.
Market entry timing, which is also known as entry order, has been proven to significantly influence firm performance under different circumstances. The inherent nature of the online context and IT services complicates the relationship between entry timing and firm performance. This study empirically examined entry timing effects in the online IT service market and the moderating effects of market characteristics. With a unique dataset collected from an online IT service platform, we discovered that entry timing has a U-shaped effect on firm performance: both early and late entry resulted in superior performance to that of intermediate entry. We also revealed that market growth moderates these curvilinear entry timing effects, with both early and late entrants benefiting more in high-growth markets than they did in low-growth markets. The results of this research enrich the relevant entry timing theories by examining entry timing effects in emerging marketplaces and the contingencies of markets.
Previous studies show that the Internet positively influences firms’ export activities from developed markets. However, the literature is vague as to whether the Internet has an impact on the export ...performance of firms from emerging markets. This study tests a conceptual model that includes the effect of Internet marketing capabilities on export market growth in an emerging market. Drawing on a cross-national sample of 204 export firms from a Latin American country (Chile), findings indicate that Internet marketing capabilities positively influence the availability of export information, which in turn impacts the development of business network relationships and export market growth.
This study explores strategies to expand Korea's top 10 seafood export in the oversea market, with a specific focus on the impact of export concentration. For certain seafood items such as laver, ...crab, and mackerel, characterized by low export concentration, adopting a focused export expansion strategy is more effective. Conversely, highly concentrated seafood items such as toothfish, cod, pollack, and abalone face high risks in export performance due to their heavy reliance on a small number of key export countries. To ensure export stability, it is advisable to implement a diversified export expansion strategy for these highly concentrated seafood items. In the case of medium-concentration seafood items like tuna, oyster, and flounder, the decision between a concentrated or diversified strategy should be based on their specific export situations. Tailoring strategies to the distinctive market characteristics of each seafood item enables exporters to effectively increase oversea market share, promoting stability and sustained growth in export performance.
Research summary: Market conditions are known to matter for firm performance and growth. This study explores how changing levels of uncertainty and competition affect interfirm ties of ...entrepreneurial firms as markets transition from nascent to growth stage. Tracing six entrepreneurial game publishers during the growth stage of the U.S. wireless gaming market, the findings reveal that in a growth stage market, as uncertainty decreases, certain ties of entrepreneurial firms are terminated. First, existing partners may cut ties and become competitors after entering the market directly. This is a "winner's curse" as more successful firms are more likely to entice their partners to enter the market directly. Second, ties may be terminated as prominent firms that are "overwhelmed" with too many partners cut ties with low to mediocre performance, while their remaining partners enter a positive spiral of tie strength and performance. Finally, as uncertainty decreases, new firms may enter the market as competitors to prominent firms. While entrepreneurial firms with high- and low-performing ties to prominent partners may find ties with these new entrants attractive, those with mediocre ties to few prominent partners find this move too risky and wait for a first mover to legitimate it. Overall, the findings show that changing levels of uncertainty and competition in growth stage markets can have different consequences for firms due to heterogeneity in their ties and power relative to partners. The findings provide several contributions to literature regarding the relationship among interfirm ties, firm performance, and market evolution. Managerial summary: Based on interviews at six entrepreneurial game publishers in the United States and their partners, this study shows how changing levels of uncertainty and competition in growing markets can have different consequences for firms based on the different types of alliances in their portfolio and their power relative to partners. The findings highlight the importance of managing partners differently based on alliance type and goal of the partner. They advocate remaining flexible in alliance management as information asymmetries, intentions and bargaining power of partners can change and lead to abrupt alliance dissolution. They show that alliance portfolio management goes beyond a firm's capability of managing individual alliances, and provide a tool for managers to evaluate their alliance portfolios and take the necessary precautions.
This research aimed to understand the marketing mix implemented by the Cargo Transportation Unit of Kereta Api Indonesia Daop 6 Yogyakarta, Indonesia, and to study and know its position. The main ...problem was that many cargo transportations used the service handling system of Door-to-Door, which was relatively cheaper than cargo transportation using a train that still implemented the Station-to-Station service. The research method used the Boston Consulting Group matrix to know the market growth, market share, and quadrant position of Kereta Api Indonesia Daop 6 Yogyakarta. The collected data were then analyzed using the calculation of Market Growth Rate, Relative Market Share, and Boston Consulting Group Matrix. From the Market Growth Rate calculation, the result was as much as 8.5%, and from the total Relative Market Share, the result was 0.5 < 1. Furthermore, based on the Boston Consulting Group matrix, Quadrant IV (Dogs) shows alternative strategies to implement: Divestment, Retrenchment, and Liquidation. The main factor causing the low market growth of the Cargo Transportation Unit of Kereta Api Indonesia Daop 6 Yogyakarta is a crucial finding of this research.
Alliances are cooperative business relationships in which two or more entities collaborate to achieve a common objective while maintaining their individual independence. An example of such an ...alliance is the partnership between Google and Reliance Jio Infocom Ltd. This strategic alliance was formed to address the prevailing market challenges and capitalize on the growth opportunities in the Indian smartphone market. Within this case, we delve into the strategic objectives that motivated Google and Jio to embark on this alliance, explore the growth strategies employed by both partners and assess the advantages gained from this partnership. Readers of this case study will gain insights into the significance of value creation and learn how markets can be shaped through innovative value propositions. Additionally, readers will be equipped to apply the VRIO framework, enabling them to evaluate how each strategic partner benefits from the addition of resources and capabilities, as well as to comprehend the critical success factors inherent in strategic alliances.
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