International business Books

Book SynopsisEntrepreneurs engaging in international business face business environments that are fundamentally different from their home countries. Despite decades of entrepreneurship research, we know little about these entrepreneurs and their strategic behaviour in establishing and managing transnational operations.This book applies an institutional perspective on transnational entrepreneurship to empirical investigations of transnational corporations (TNCs) from Hong Kong and Singapore. Henry Wai-chung Yeung argues that significant variations in institutional structures of home countries explain variations in the entrepreneurial endowments of prospective transnational business networks. This is illustrated by empirical data from two in-depth studies of over 300 TNCs from Hong Kong and Singapore and over 120 of their foreign affiliates in Asia.Entrepreneurship and the Internationalisation of Asian Firms is a timely contribution to theoretical and empirical studies in international business and will be widely read by those interested in international business, industrial economics, organisation studies, political economy, regional studies and economic geography.Trade Review'. . . this is an impressive book which represents a considerable amount of original research into the nature of Hong Kong and Singapore's economies and more importantly into how economic globalization actually takes place. Yeung's analysis is clear, thorough and well-argued and the conclusions he draws are powerful.' -- Andrew Jones, Economic Geography Research Group'As significant as its empirical contributions are, however, this book is not merely detailed empirical research, but a sustained theoretical argument for the relevance of an institutional perspective on transnational entrepreneurship and intrapreneurship. . . its theoretical and empirical contributions are considerable. . .' -- Jim Glassman, Economic Geography'The author has done important work by studying entrepreneurs in an institutional context rather than considering them as individuals, and this has the effect of situating entrepreneurs within a culture and a business system, not treating them - as is common in literature on the subject - as extraordinary individuals who are somehow "outside" their business systems. The net result is a book which is valuable on several different levels.' -- Morgen Witzel, Asia Pacific Business Review'This is a stimulating volume on the emerging subject area of international entrepreneurship. . . the specific application to transnational entrepreneurship makes this a significant addition to the literature, particularly given its strong conceptual underpinnings, which provide an institutional perspective on entrepreneurial activities across boarders. . . . Henry Wai-Chung Yeung states that his objective was to stimulate further theoretical and empirical studies in entrepreneurship and international business studies. By this criterion, he has certainly succeeded, and Edward Elgar is to be congratulated on publishing this work within its impressive series on New Horizons in International Business.' -- Stephen Young, International Small Business JournalTable of ContentsContents: Preface 1. An Institutional Perspective on Entrepreneurship in International Business 2. Transnational Entrepreneurship in Two Contrasting Asian Contexts: Hong Kong and Singapore 3. City-states and their Global Reach: Outward Investments from Hong Kong and Singapore 4. Entrepreneurs in International Business 5. Empowered Managers: Intrapreneurs in International Business 6. Conclusion: Developing Entrepreneurship in International Business References Index

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Book SynopsisSince the 1970s, there have been many changes to the ways in which Japanese firms have conducted business. The editors of this volume examine the strategies of Japanese subsidiaries in the new global economy and present, in four parts, a comprehensive picture of the nature of Japanese multinational enterprises.The book addresses the overall nature of Japanese investment in international markets, and its broader implications for corporate performance. The entry mode choice and its relationship to performance is then examined, in an attempt to establish overall trends in the performance of various modes. The focus then shifts explicitly to joint ventures since nearly half of all Japanese subsidiaries take this form. Finally, the management strategies that Japanese firms have used in their foreign subsidiaries are investigated. Japanese Subsidiaries in the New Global Economy utilizes empirical analyses based on a very large, longitudinal data set, coupled with state of the art conceptual development.This volume provides a complete current picture of the international strategy of Japanese firms, which will be both useful and informative for researchers, scholars and policy makers in international business, international economics, foreign investment, joint ventures and expatriate management.Table of ContentsContents: Part I: Why Internationalize? More Subsidiaries Results in Superior Performance Part II: Entry Mode Choice and Performance Part III: Joint Ventures Part IV: Management Strategy References Index

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Book SynopsisGlobal Capitalism, FDI and Competitiveness comprises 15 of John Dunning's most widely acknowledged writings on the changing characteristics of the global economy over the past three decades. In particular, it examines how these events have shaped, and been shaped by, the growing internationalization of all forms of business activity.The book is dived into five thematic sections, each of which illustrates a particular aspect of change and the author's analysis of it. The volume examines: the main features of the new global economy, its origin, opportunities and challenges the author's recent writings on the factors affecting the location of economic activity by international firms, and the implications for national and regional governments the changing nature and form of the contribution of FDI and cross-border strategic alliances to economic development and to the restructuring of national economies the relationship between FDI, the competitive advantages of international firms and the productivity and dynamic comparative advantage of the economies in which they operate. an examination of the changing role and power of national governments as they seek to evaluate and influence the extent of both inbound and outbound FDI. This volume will be warmly welcomed by all scholars and researchers of international business and particularly those interested in globalization, regional economics and FDI.Trade Review'These volumes should be required reading for anyone with an interest in international business and globalisation. They add immeasurably to our understanding.' -- Mira Wilkins, Business History'Dunning is one of the most prominent researchers and thinkers in the IB field. In these books, he has set out his most celebrated writings and has provided us relatively easy access to widely scattered references in the literature.' -- Rajat Kathuria, Global Business Review'Given John Dunning's breath of vision, familiarity with a very wide range of ideas and literature and concern with many of the most pressing problems of our day, I believe that virtually everyone will find stimulation in many of these essays.' -- Stephen J. Kobrin, Transnational Corporations'John Dunning is one of the "founding fathers" of international business research. His influential "eclectic paradigm" explains foreign investment by multinational firms in terms of the interaction of ownership, location and internalisation factors. In the past decade the scope of the eclectic paradigm has been expanded to encompass issues of globalisation, regionalism and international competitiveness. The paradigm has been used to address important policy issues relating to the governance of the world economy. This volume collects together the highlights of this recent work. It offers important insights into global issues, and is outstanding testimony to the breadth and depth of Dunning's recent work.' -- - Mark Casson, University of Reading, UKTable of ContentsContents: Introduction 1. International Business in a Changing World Environment 2. Whither Global Capitalism? 3. Some Paradoxes of the Emerging Global Economy: The Multinational Solution 4. Globalization, Economic Restructuring and Development 5. Regions, Globalization and the Knowledge-based Economy: The Issues Stated 6. Location and the Multinational Enterprise: A Neglected Factor? 7. Globalization, Technological Change and the Spatial Organization of Economic Activity 8. Evaluating the Costs and Benefits of Multinational Enterprises to Host Countries: A ‘Tool-Kit’ Approach 9. Re-evaluating the Benefits of Foreign Direct Investment 10. The European Internal Market Program and Inbound Foreign Direct Investment 11. The Competitive Advantages of Countries and MNE Activity 12. The Geographical Sources of the Competitiveness of Firms 13. Multinational Enterprises, Industrial Restructuring and Competitiveness: A UK Perspective 14. Governments and the Macro-organization of Economic Activity: A Historical and Spatial Perspective 15. Globalization: The Challenge for National Economic Regimes Index

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Book SynopsisIn this volume Witold Henisz provides readers with a new set of tools for assessing the extent of political and regulatory risk faced by investment projects in a given country. The author measures political risk directly by examining the structure of a nation's political institutions and the preferences of the actors that inhabit them. He also provides a critical analysis of the effectiveness of one common political risk mitigation strategy, partnering with a local firm. Neither democracy (Russia), political stability (Zaire, until recently) nor low country risk scores (Indonesia in 1995) are sufficient for investor security. The failure of each of these measures points to the need for more objective methods of measuring risk. After implementing tests to show the validity of a new measures, Witold Henisz analyzes the efficacy of partnering with local firms. The results of this analysis suggest that partnership will often introduce more hazards than it solves. This framework for measuring risk and analyzing the efficacy of risk-mitigating strategies could easily be extended to make it applicable on a project-by-project basis. Policymakers, investment managers, business professionals and scholars will find this book extremely useful.Trade Review'A challenging research monograph that will appeal to international business scholars in the area of transaction cost economics (TCE), political risk, multinational enterprise (MNE) host country bargaining, and international joint ventures. It offers both theoretical and empirical advances in this area.' -- Alan Rugman, Journal of International Business Studies'This path-breaking book joins transaction cost economics and positive political theory to uncover the risks and work out the organizational ramifications of international investments. Academics, public policy analysts, and the business community all have a stake in these issues. Henisz should be read with interest and profit (variously defined) by all three.' -- From the foreword by Oliver E. WilliamsonTable of ContentsContents: Foreword by Oliver E. Williamson 1. Introduction 2. Checks and Balances and Credible Commitment 3. Comparative Economic Organization – Within and Between Countries 4. The Institutional Environment for Economic Growth 5. The Institutional Environment for Telecommunications Investment 6. The Institutional Environment for Multinational Investment 7. Conclusion Notes Bibliography Index

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Book SynopsisTop scholars in the field of international business (IB) contribute to this comprehensive analysis of the current state-of-the-art in IB research. The focus of the book is to examine the current state of international business research from an issue-oriented approach rather than the functional approaches that have been characteristic in the recent evolution of the field. In evaluating the current state and future research directions in research areas unique to international business, the book is structured in three parts: the macro-environment, interactions between business and institutions, and competition and strategy. The thirteen chapters in the book deal with specific topics (including regional integration, cultural and financial globalization, intellectual property protection, firm relations with various governments and multilateral agencies, business groups, international acquisitions and alliances, and the impact of the internet on international business) and provide descriptive and theoretical approaches to the understanding of contemporary and potential future issues in international business research. Scholars, students and policymakers interested in international business issues will find this collection a unique and useful tool in their work.Trade Review'The volume contains essays that will be of interest to senior researchers and doctoral students. It is recommended for academic libraries supporting a graduate business program.' -- Caitlin Tillman, Business Information Alert'. . . this edited volume includes several well-written and insightful chapters, which make it a worthwhile addition to any business school library.' -- A. Verbeke, Journal of International Business StudiesTable of ContentsContents: Foreword M. Moshe Porat Foreword Arvind Phatak Preface 1. International business research: from functional to issue-based focus Masaaki Kotabe and Preet S. Aulakh PART I THE MACRO-ENVIRONMENT 2. Regional integration and foreign direct investment: theory and lessons from NAFTA Lorraine Eden 3. Intellectual property rights and international business Subhash C. Jain 4. Global financial markets and global firms: implications for international business research Jongmoo Jay Choi 5. Cultural Balkanization and hybridization in an era of globalization: implications for international business research Bryan W. Husted PART II INTERFACES BETWEEN BUSINESS AND INSTITUTIONS 6. Emerging issues in MNC–host government relations in developing countries Ravi Ramamurti 7. National export promotion: A statement of issues, changes, and opportunities Michael R. Czinkota 8. Industrial endowments in international business: an analytical framework Yadong Luo 9. Business groups and economic development: a resource-based view Mauro F. Guillén PART III STRATEGY AND COMPETITION 10. Globalization of firms: strategies and outcomes Saeed Samiee 11. Entering foreign markets through strategic alliances and acquisitions Michael A. Hitt and Klaus Uhlenbruck 12. Towards a research agenda on hybrid organizations: R&D, production and marketing interfaces Xavier Martin 13. The Internet and international business: a cross-regional study Indrajit Sinha and Yaniv Gvili Index

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Book SynopsisAs national economies become more closely linked, the value of more active corporate and policy level cooperation is becoming increasingly recognised. This book promotes the concept of alliance capitalism - a spirit of collegial entrepreneurship - as a means to facilitate more harmonious development in the international economy. The authors examine balances between the competitive and cooperative activities of firms and governments in major industrialized countries from perspectives of efficiency and social justice. They advocate cooperation to overcome internationalized market failures and policy failures, and to reduce imbalances in the spread of gains from global commerce. This advocacy is based especially on comparisons between corporate and policy level activities in the USA and the EU, and between the USA and the EU. The potential advantages of strengthening cooperation are stressed with emphasis on imperatives being set by continuing technological advances.Alliance Capitalism and Corporate Management will be required reading for all scholars and students of international management and international political economy, business leaders and corporate managers, and decision makers in the fields of industrial and competition policy.Table of ContentsContents: Foreword Preface 1. Relational Assets, Networks and International Business Activity 2. Alliance Capitalism and Macroeconomic Policies 3. Alliance Capitalism and Microeconomic Policies 4. Inter-firm R&D Partnering in High Technology Industries 5. Financial Liberalization, Alliance Capitalism and the Changing Structure of Financial Markets 6. Corporate Alliances in the World Trading System 7. Corporate Alliances and Competition Policies 8. Alliance Capitalism in Europe 9. EU Growth Strategy and the New Economy 10. American Alliance Capitalism 11. Japan’s Network Capitalism in Evolution 12. Alliance Capitalism, FDI and Developing Countries 13. Alliance Capitalism and Collective Management Index

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Book SynopsisThe purpose of this volume is to bring together the leading scholarly papers about how globalization has impacted the role of SMEs. In fact, globalization has affected SMEs in two major ways. The first has been to facilitate the transnational activities of SMEs. Transnational activities, ranging from exports to foreign direct investment to participating in global value chains have become easier as a result of globalization. The second impact of globalization has been to shift the source of competitiveness towards knowledge-based economic activity, which has led to an increased role for SMEs. The first section of this volume examines how globalization has affected the role of SMEs in the economy. The second section of the volume is devoted to global strategies by SMEs The third section focuses on an important type of global activity of SMEs, which involves foreign direct investment. The fourth section focuses on the role of clusters and networks in generating SME competitiveness in global markets. SME export strategies and performance is analyzed in Section Five. Section Six examines the impact that the international mobility of labour has had on SMEs. The seventh section focuses on the role that SMEs play in transnational technology transfer. Section Eight is devoted to SMEs in the context of developing countries. In the final section of the volume policy issues are raised. This includes identifying how policy needs to address barriers to internationalization confronting SMEs.Trade Review'. . . an excellent and timely collection of both conceptual and empirical papers on the subject of the role of small and medium-sized enterprises (SMEs) in the process of globalization. . . this book presents a well-balanced collection of readings on SMEs internationalization and public policy.' -- Romeo V. Turcan, International Small Business Journal'Today, SMEs need to think about global dimensions of their business earlier than ever, often even before the start of the actual venture. This is a timely book on SMEs that provides a wealth of information about the global context that SMEs are faced with and about the economic dimensions that matter.' -- Walter Kuemmerle, Harvard Business School, USTable of ContentsContents: Acknowledgements Introduction David B. Audretsch PART I GLOBALIZATION AND THE ROLE OF SMEs 1. David B. Audretsch and A. Roy Thurik (2001), ‘What’s New About the New Economy? Sources of Growth in the Managed and Entrepreneurial Economies’ 2. Tomás O. Kohn (1997), ‘Small Firms as International Players’ 3. Benjamin Gomes-Casseres (1997), ‘Alliance Strategies of Small Firms’ PART II SMEs AND GLOBAL STRATEGIES 4. Patricia P. McDougall (1989), ‘International Versus Domestic Entrepreneurship: New Venture Strategic Behavior and Industry Structure’ PART III SMEs AND FOREIGN DIRECT INVESTMENT 5. Edith Tilton Penrose (1956), ‘Foreign Investment and the Growth of the Firm’ 6. Masataka Fujita (1995), ‘Small and Medium-sized Transnational Corporations: Salient Features’ 7. Peter J. Buckley (1989), ‘Foreign Investment by Small and Medium Sized Enterprises: The Theoretical Background’ 8. Masataka Fujita (1995), ‘Small and Medium-sized Transnational Corporations: Trends and Patterns of Foreign Direct Investment’ PART IV CLUSTERS AND NETWORKS AS SOURCES OF SME COMPETITIVENESS 9. Michael E. Porter (2000), ‘Locations, Clusters, and Company Strategy’ 10. Hideki Yamawaki (2002), ‘The Evolution and Structure of Industrial Clusters in Japan’ PART V EXPORT STRATEGIES OF SMEs 11. Joachim Wagner (1995), ‘Exports, Firm Size, and Firm Dynamics’ 12. Bee Yan Aw, Geeta Batra and Mark J. Roberts (2001), ‘Firm Heterogeneity and Export-Domestic Price Differentials: A Study of Taiwanese Electronics Products’ 13. Joachim Wagner (2001), ‘A Note on the Firm Size-Export Relationship’ PART VI SMEs AND THE INTERNATIONAL MOVEMENT OF LABOR 14. Annalee Saxenian (2001), ‘The Role of Immigrant Entrepreneurs in New Venture Creation’ 15. Anuradha Basu (1998), ‘An Exploration of Entrepreneurial Activity among Asian Small Businesses in Britain’ PART VII SMEs AND TRANSNATIONAL TECHNOLOGY TRANSFER 16. Lorraine Eden, Edward Levitas and Richard J. Martinez (1997), ‘The Production, Transfer and Spillover of Technology: Comparing Large and Small Multinationals as Technology Producers’ 17. Peter J. Buckley (1997), ‘International Technology Transfer by Small and Medium-Sized Enterprises’ PART VIII THE DEVELOPING COUNTRY CONTEXT 18. Brian Levy (1991), ‘Transaction Costs, the Size of Firms and Industrial Policy: Lessons from a Comparative Case Study of the Footwear Industry in Korea and Taiwan’ 19. Mona Haddad, Jaime de Melo and Brendan Horton (1996), ‘Morocco, 1984–89: Trade Liberalization, Exports, and Industrial Performance’ 20. Jeffrey B. Nugent and Seung-Jae Yhee (2002), ‘Small and Medium Enterprises in Korea: Achievements, Constraints and Policy Issues’ 21. Bee Yan Aw and Geeta Batra (1999), ‘Wages, Firm Size, and Wage Inequality: How Much Do Exports Matter?’ PART IX POLICY ISSUES 22. Zoltan J. Acs, Randall Morck, J. Myles Shaver and Bernard Yeung (1997), ‘The Internationalization of Small and Medium-Sized Enterprises: A Policy Perspective’ 23. Steven J. Davis and Magnus Henrekson (1997), ‘Industrial Policy, Employer Size, and Economic Performance in Sweden’ 24. Ingrid Verheul, Sander Wennekers, David Audretsch and Roy Thurik (2002), ‘An Eclectic Theory of Entrepreneurship: Policies, Institutions and Culture’ Name Index

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Book SynopsisThis book focuses on current cutting-edge research concerning the increasing strategic importance of subsidiary networks to the multinational firm. It combines contributions from three major related areas of inquiry: the changing theoretical conception of networks and the structure of the multinational firm, the importance of spillovers and agglomeration economies related to multinational investments, and the management of the flow of information and knowledge from headquarters to subsidiaries and vice versa. The book approaches the network structure of the firm from the different perspectives of the expert international contributors, while also combining theoretical perspectives with recent empirical evidence.Network Knowledge in International Business offers students in international business and strategy a cross-section of relevant research and current empirical evidence relating to knowledge management and the management of the modern multinational.Trade Review'. . . this is a volume that will be welcomed by advanced international business students and scholars. It provides greater international access to a significant body of research dealing with networks with MNEs and the links to knowledge management.' -- John Stanton, Global Business and Economics Review'This scholarly volume contains a range of original and well documented insights into the changing organisational characteristics of MNEs, and particularly, the increasingly important role of foreign affiliates as knowledge augmenting and disseminating entities. A great deal of new empirical evidence - both at a country and firm level - is assembled and analysed, and several new areas of research are identified. Altogether, the monograph is an essential read for all international business scholars.' -- John Dunning, University of Reading, UK and Rutgers University, US'The material in this book is required reading for a broad audience of scholars in international business, organization, management and international economics. It covers a wide range of related subjects from inter-firm networks, alliances, multinational enterprise strategies to knowledge creation and technology transfer. Network Knowledge in International Business not only provides an extremely interesting overview of many contributions to the current work on networks, knowledge and international business strategies, it also influences the long-term research agenda of major topics in the international business literature.' -- John Hagedoorn, Maastricht University and MERIT, Maastricht, The NetherlandsTable of ContentsContents Preface 1 Introduction Sarianna M. Lundan 2 From value chain to value networks: towards a new strategic model Xavier Lecocq, Saïd Yami 3 Strategic knowledge management: a new research agenda Bo Bernhard Nielsen 4 The MNC as a network: a closer look at intra-organizational flows Stefan Schmid, Andreas Schurig, Michael Kutschker 5 On the dynamics and coexistence of multiple subsidiary roles: an investigation of multinational operations in the UK Robert D. Pearce, Ana Teresa Tavares 6 Sources of subsidiary knowledge and knowledge transfer in MNCs Nicolai J. Foss, Torben Pedersen 7 Subsidiary absorptive capacity, MNC headquarters’ control strategies and transfer of subsidiary competencies Ulf Andersson, Ingmar Björkman, Patrick Furu 8 Subsidiary decision-making autonomy: competences, integration and local responsiveness Vitor Corado Simões, Rita Biscaya, Pedro Nevado 9 Patterns of R&D co-operation by European firms: cost-economizing vs. technology-seeking Luis Miotti, Frédérique Sachwald 10 Competence accumulation and collaborative ventures: evidence from the largest European electronics firms and implications for EU technological policies Marco Giarratana, Salvatore Torrisi 11 Exploring inward-outward linkages in firms’ internationalization: a knowledge and network perspective Lawrence S. Welch, Gabriel R.G. Benito, Pål R. Silseth, Tore Karlsen 12 Accelerated internationalization from the periphery John A. Mathews 13 The corporate supplier network within the European personal computer industry Denise Tsang Index

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Book SynopsisJohn Dunning is undoubtedly the world's leading scholar on the subject of multinational corporations and international business. This collection of original essays is designed to honor this work, particularly his achievements during his association with Rutgers University. The contributors, most well known in the field in their own right, explore the many threads of Dunning's work, focusing on advances to his 'eclectic paradigm', which looks at the interactions between ownership, location and internalization in explaining foreign direct investment by multinational firms. The book was also conceived and written to record Dunning's contribution to the creation of a doctoral program in International Business at Rutgers University at Newark. The coverage explores a range of topics and seeks to build on the eclectic paradigm or to apply it to existing problems.Scholars and students in international business will find this Festschrift an enlightening study of one person's contribution as well as an important advance in the literature on the eclectic paradigm.Trade Review'The book will be very useful for researchers in the specific area of ownership, location and internationalization (OLI).' -- V.L. Rao, Global Business ReviewTable of ContentsContents: 1. Dunning’s Rutgers Years 2. A Variant of the Eclectic Paradigm Linking Direct and Portfolio Investment 3. Why Multinationality Matters: Exploring the ‘L’ in the OLI Paradigm 4. The Eclectic Theory in Latin America 5. A Theory of Systemic Adjustment and Economic Growth: The Case of Finland 6. Is Trade or FDI the More Important Contributor to Globalization? 7. Institutions, Exclusivity and Foreign Investment 8. Financial versus Industrial Firms in Industrial and Regional Restructuring 9. The Multiple Dimensions of International Involvement: An Empirical Test 10. Towards a Theory of Hegemon-led Macro-clustering 11. Understanding the Entry Strategies of International Franchisers with Dunning’s Envelope OLI Paradigm 12. Asynchronous Political and Economic Development and the Asian Financial Crisis: A Preliminary Analysis 13. Multinational Theorizing: Some Methodological Comments about John Dunning’s Eclectic Approach 14. Location Determinants of Foreign MNCs Investing at the Sub-national Level: The Role of State Government 15. The OLI Paradigm – An Effective Framework for Assessing Global Strategic Leadership 16. The Eclectic Paradigm and the Evolution of the United States Public Utility Industries, 1875–2000 References Index

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Book SynopsisThe application of real options theory to the decision making of multinational enterprises (MNEs) is an exciting new area of research within the field of international business. Such contributions will make existing theories in international business (such as internalization theory) dynamic and more realistic. This important collection presents 20 of the most significant articles that apply real options theory to international business and strategic management. The volume organizes the recent literature so that further advances can be made by international business scholars to capitalize on the power and usefulness of the real options approach. Part I includes articles that help to clarify the definitions of real options and the boundaries of applying real options theory to analyze the decision making of firms. Part II consists of applications to operational flexibility of the multinational network. Part III comprises applications to market entry modes among which joint ventures are most widely studied. Part IV refers to applications to market entry timing. Part V includes several applications to strategic management.Trade Review'A common criticism of economic theory is that its approach is static rather than dynamic, and that it ignores the impact of uncertainty on decisions. Real option theory shows that this criticism is unfounded. Real option theory explores the logic of flexibility - a crucial aspect of corporate strategy in a volatile and competitive environment. The editors have done a brilliant job in bringing together key contributions within a clear and logical structure. This book is an essential reference source for anyone working in this exciting area of research.' -- Mark Casson, University of Reading, UKTable of ContentsContents: Acknowledgements Introduction Alan M. Rugman and Jing Li PART I THE REAL OPTIONS APPROACH TO INTERNATIONAL BUSINESS AND STRATEGY 1. Peter J. Buckley, Mark Casson and Mohammed Azzim Gulamhussen (2002), ‘Internationalisation – Real Options, Knowledge Management and the Uppsala Approach’ 2. Peter J. Buckley and Mark C. Casson (1998), ‘Models of the Multinational Enterprise’ 3. Ron Adner and Daniel A. Levinthal (2004), ‘What is Not a Real Option: Considering Boundaries for the Application of Real Options to Business Strategy’ PART II APPLICATIONS OF REAL OPTIONS TO MULTINATIONAL AND OPERATIONAL FLEXIBILITY 4. Alan M. Rugman (1976), ‘Risk Reduction by International Diversification’ 5. Bruce Kogut and Nalin Kulatilaka (1994), ‘Operating Flexibility, Global Manufacturing, and the Option Value of a Multinational Network’ 6. José Manuel Campa (1994), ‘Multinational Investment Under Uncertainty in the Chemical Processing Industries’ 7. Subramanian Rangan (1998), ‘Do Multinationals Operate Flexibly? Theory and Evidence’ 8. Kent D. Miller and Jeffrey J. Reuer (1998), ‘Firm Strategy and Economic Exposure To Foreign Exchange Rate Movements’ 9. Jeffrey J. Reuer and Michael J. Leiblein (2000), ‘Downside Risk Implications of Multinationality and International Joint Ventures’ PART III REAL OPTIONS AND MARKET ENTRY MODES 10. Bruce Kogut (1991), ‘Joint Ventures and the Option to Expand and Acquire’ 11. Tailan Chi and Donald J. McGuire (1996), ‘Collaborative Ventures and Value of Learning: Integrating the Transaction Cost and Strategic Option Perspectives on the Choice of Market Entry Modes’ 12. Timothy B. Folta (1998), ‘Governance and Uncertainty: The Trade-off Between Administrative Control and Commitment’ 13. Tailan Chi (2000), ‘Option to Acquire or Divest a Joint Venture’ PART IV REAL OPTIONS AND MARKET ENTRY TIMING 14. Peter J. Buckley and Mark Casson (1981), ‘The Optimal Timing of a Foreign Direct Investment’ 15. Pietra Rivoli and Eugene Salorio (1996), ‘Foreign Direct Investment and Investment Under Uncertainty’ 16. Timothy B. Folta and Kent D. Miller (2002), ‘Real Options in Equity Partnerships’ 17. Timothy B. Folta and Jonathan P. O’Brien (2004), ‘Entry in the Presence of Dueling Options’ PART V REAL OPTIONS AND STRATEGIC MANAGEMENT 18. Edward H. Bowman and Dileep Hurry (1993), ‘Strategy Through the Option Lens: An Integrated View of Resource Investments and the Incremental-Choice Process’ 19. Rita Gunther McGrath (1997), ‘A Real Options Logic for Initiating Technology Positioning Investments’ 20. Bruce Kogut and Nalin Kulatilaka (2001), ‘Capabilities as Real Options’ Name Index

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Book SynopsisMartin Ricketts, a leading scholar in this field, has selected the seminal papers from a variety of traditions that illustrate the evolution of thinking on 'the firm' over a considerable period of time. The firm as a vehicle for entrepreneurial initiative and the exercise of business judgement is contrasted throughout with the firm as a policing mechanism in response to known contractual hazards. The selection is in three volumes that cover respectively the general theoretical background; the ownership and scope of the firm - its degree of vertical and transnational integration; and agency issues relating to employee incentives and the control of managers. This authoritative collection will provide a valuable reference, of interest to students, postgraduates and professional economists seeking an overview of the subject and its evolution.Trade Review‘The Economics of Modern Business Enterprise, edited by Martin Ricketts, focuses upon the historical development of the transaction cost view of the firm - with “transaction cost” interpreted rather broadly. Its three volumes comprise the most influential papers in the field, introduced by the editor with an extremely well written introduction. The three volumes address graduate students of business economics. They are so well selected, ordered and introduced that they may as well serve as a handbook on “the new institutional economics of the firm.”’ -- Rudolf Richter, Saarland University, Germany and The Hoover Institution, Stanford University, US‘Martin Ricketts’ collection of leading articles on “The Economics of Modern Business Enterprise” is organized in three volumes: “Transaction Costs, Property Rights and the Entrepreneur,” “Ownership and Scope,” and “Incentives and Control.” No student of business and economic organization can fail to be impressed by Ricketts’ knowledge of this literature. Equally important is the manner in which this collection is organized: Ricketts tracks the historical development of key ideas in this area from early contributions in the 1970s to the present and uses “transaction costs,” broadly construed, as the organizing theme. This vast literature is given added meaning and perspective in the process, to the benefit of both new and active participants. This collection not only, therefore, records the significant accomplishments of this exciting research arena but will serve as a springboard for the continuation thereof.’ -- Oliver E. Williamson, University of California, Berkeley, USTable of ContentsContents: Volume I: Transaction Costs, Property Rights and the Entrepreneur Acknowledgements Introduction Martin Ricketts PART I TRANSACTIONS COSTS, THE MARKET AND THE FIRM 1. Frank H. Knight (1921), ‘Enterprise and Profit’ 2. R.H. Coase (1937), ‘The Nature of the Firm’ 3. Fritz Machlup (1967), ‘Theories of the Firm: Marginalist, Behavioral, Managerial’ 4. Armen A. Alchian and Harold Demsetz (1972), ‘Production, Information Costs, and Economic Organization’ 5. Oliver E. Williamson (1979), ‘Transaction-Cost Economics: The Governance of Contractual Relations’ 6. Oliver E. Williamson (1981), ‘The Modern Corporation: Origins, Evolution, Attributes’ 7. Robert B. Ekelund, Jr. and Robert D. Tollison (1980), ‘Mercantilist Origins of the Corporation’ 8. Armen A. Alchian and Susan Woodward (1987), ‘Reflections on the Theory of the Firm’ PART II THE ENTREPRENEUR 9. Alfred Marshall ([1925]1953), ‘Industrial Organization, Continued. Business Management’ 10. Joseph A. Schumpeter (1950), ‘Crumbling Walls’ 11. Israel M. Kirzner (1973), ‘The Entrepreneur’ 12. B.J. Loasby (1982), ‘The Entrepreneur in Economic Theory’ 13. Ulrich Witt (1987), ‘How Transaction Rights Are Shaped to Channel Innovativeness’ 14. Nicolai Juul Foss (1993), ‘Theories of the Firm: Contractual and Competence Perspectives’ 15. Mark Casson (2000), ‘An Entrepreneurial Theory of the Firm’ PART III PRINCIPAL AND AGENT 16. Kenneth J. Arrow (1985), ‘The Economics of Agency’ 17. Steven Shavell (1979), ‘Risk Sharing and Incentives in the Principal and Agent Relationship’ 18. Martin Ricketts (1986), ‘The Geometry of Principal and Agent: Yet Another Use for the Edgeworth Box’ 19. Harold Demsetz (1995), ‘Agency and Nonagency Explanations of the Firm’s Organization’ PART IV PROPERTY RIGHTS AND THE FIRM 20. Sanford J. Grossman and Oliver D. Hart (1986), ‘The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration’ 21. Oliver Hart and John Moore (1990), ‘Property Rights and the Nature of the Firm’ 22. Oliver Hart (1995), ‘Established Theories of the Firm’ and ‘The Property Rights Approach’ 23. Bengt Holmström and John Roberts (1998), ‘The Boundaries of the Firm Revisited’ Name Index Volume II: Ownership and Scope Acknowledgements An introduction by the editor to all three volumes appears in Volume I PART I OWNERSHIP OF THE FIRM 1. Adam Gifford, Jr. (1991), ‘A Constitutional Interpretation of the Firm’ 2. Henry Hansmann (1996), ‘A Theory of Enterprise Ownership’ 3. Benjamin Ward (1958), ‘The Firm in Illyria: Market Syndicalism’ 4. Eirik G. Furubotn (1988), ‘Codetermination and the Modern Theory of the Firm: A Property-Rights Analysis’ 5. Eugene Kandel and Edward P. Lazear (1992), ‘Peer Pressure and Partnerships’ 6. Henry Hansmann (1987), ‘Economic Theories of Nonprofit Organization’ 7. Edwin G. West (1989), ‘Nonprofit Organizations: Revised Theory and New Evidence’ PART II THE SCOPE OF THE FIRM A The Franchise Contract 8. Paul H. Rubin (1978), ‘The Theory of the Firm and the Structure of the Franchise Contract’ 9. G. Frank Mathewson and Ralph A. Winter (1985), ‘The Economics of Franchise Contracts’ 10. Robert E. Martin (1988), ‘Franchising and Risk Management’ 11. Antony W. Dnes (1992), ‘”Unfair” Contractual Practices and Hostages in Franchise Contracts’ 12. Alanson P. Minkler (1992), ‘Why Firms Franchise: A Search Cost Theory’ B Vertical Integration 13. Kenneth J. Arrow (1975), ‘Vertical Integration and Communication’ 14. Benjamin Klein, Robert G. Crawford and Armen A. Alchian (1978), ‘Vertical Integration, Appropriable Rents, and the Competitive Contracting Process’ 15. Kirk Monteverde and David J. Teece (1982), ‘Appropriable Rents and Quasi-Vertical Integration’ 16. Ramon Casadesus-Masanell and Daniel F. Spulber (2000), ‘The Fable of Fisher Body’ 17. Ronald Coase (2006), ‘The Conduct of Economics: The Example of Fisher Body and General Motors’ 18. Benjamin Klein (2007), ‘The Economic Lessons of Fisher Body-General Motors’ 19. John M. Vernon and Daniel A. Graham (1971), ‘Profitability of Monopolization by Vertical Integration’ 20. Richard Schmalensee (1973), ‘A Note on the Theory of Vertical Integration’ 21. Martin K. Perry (1980), ‘Forward Integration by Alcoa: 1888–1930’ C Transnational Integration 22. John H. Dunning (1973), ‘The Determinants of International Production’ 23. Alfred D. Chandler (1980), ‘The Growth of the Transnational Industrial Firm in the United States and the United Kingdom: A Comparative Analysis’ 24. John Cantwell (2000), ‘A Survey of Theories of International Production’ 25. Keith Cowling and Roger Sugden (1987), ‘The Rise of Transnationals and International Division of Labour’ Name Index Volume III: Incentives and Control Acknowledgements An introduction by the editor to all three volumes appears in Volume I PART I THE CONTRACT OF EMPLOYMENT 1. Oliver E. Williamson, Michael L. Wachter and Jeffrey E. Harris (1975), ‘Understanding the Employment Relation: The Analysis of Idiosyncratic Exchange’ 2. Joseph E. Stiglitz (1975), ‘Incentives, Risk, and Information: Notes Towards a Theory of Hierarchy’ 3. Carl Shapiro and Joseph E. Stiglitz (1984), ‘Equilibrium Unemployment as a Worker Discipline Device’ 4. Edward P. Lazear and Sherwin Rosen (1981), ‘Rank-Order Tournaments as Optimum Labor Contracts’ 5. Edward P. Lazear (1981), ‘Agency, Earnings Profiles, Productivity, and Hours Restrictions’ 6. Robert M. Hutchens (1989), ‘Seniority, Wages and Productivity: A Turbulent Decade’ 7. Edward P. Lazear (2000), ‘The Future of Personnel Economics’ 8. Bruno S. Frey (1993), ‘Does Monitoring Increase Work Effort? The Rivalry with Trust and Loyalty’ PART II MANAGEMENT INCENTIVES 9. Armen A. Alchian (1969), ‘Corporate Management and Property Rights’ 10. Michael C. Jensen and William H. Meckling (1976), ‘Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure’ 11. Michael C. Jensen and Kevin J. Murphy (1990), ‘Performance Pay and Top-Management Incentives’ 12. Joseph G. Haubrich (1994), ‘Risk Aversion, Performance Pay, and the Principal-Agent Problem’ 13. Brian J. Hall and Jeffrey B. Liebman (1998), ‘Are CEOs Really Paid Like Bureaucrats?’ 14. Eugene F. Fama (1980), ‘Agency Problems and the Theory of the Firm’ 15. Eugene F. Fama and Michael C. Jensen (1983), ‘Agency Problems and Residual Claims’ 16. Oliver D. Hart (1983), ‘The Market Mechanism as an Incentive Scheme’ PART III THE MARKET IN CORPORATE CONTROL 17. Henry G. Manne (1965), ‘Mergers and the Market for Corporate Control’ 18. Sanford J. Grossman and Oliver D. Hart (1980), ‘Takeover Bids, the Free Rider Problem, and the Theory of the Corporation’ 19. Michael C. Jensen (1988), ‘Takeovers: Their Causes and Consequences’ 20. Andrei Shleifer and Lawrence H. Summers (1988), ‘Breach of Trust in Hostile Takeovers’ 21. Andrei Shleifer and Robert W. Vishny (1986), ‘Large Shareholders and Corporate Control’ PART IV COMPARING GOVERNANCE TYPES 22. Masahiko Aoki (1990), ‘Toward an Economic Model of the Japanese Firm’ 23. Jens Köke and Luc Renneboog (2005), ‘Do Corporate Control and Product Market Competition Lead to Stronger Productivity Growth? Evidence from Market–Oriented and Blockholder-Based Governance Regimes’ Name Index

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Book SynopsisIn this fresh examination of the Microsoft antitrust case, Richard Gordon critically examines the economics of the US government's arguments. The conclusion is that the government presented a sketchy, incoherent, invalid economic case and relied upon creating the impression of misdeeds to persuade the courts. The primary charge is that Microsoft possessed an impregnable monopoly in operating systems for personal computers. According to the government, Microsoft created, included in its operating system, and vigorously promoted its internet browser solely to prevent the development of the Java/Netscape alternative. The promotion of this browser was considered predatory. Microsoft allegedly undertook similar acts against other companies. According to Gordon, the government failed to present even a clear statement of its charges and failed to substantiate the critical allegations. In this book, he concentrates on the underlying economics of the case and reviews the germane theory. He presents and evaluates implicit government arguments as well as Microsoft's refutations.Readers in economics, law and public policy will find this well researched analysis enlightening.Trade Review'This volume is a careful discussion valuable for its reporting of and attention to details discussed elsewhere only in more general terms. The comprehensive bibliography lists about 225 publications, making this a good resource for publications on Microsoft up to early 2001. Highly recommended for general readers, professionals, and academic audiences, upper-division undergraduates through faculty.' -- R.A. Miller, Choice'This is by far the most thorough, detailed, and careful economic analysis of the Microsoft case by a non-partisan third party. The author provides a window into the central set of ideas that provided the groundwork of the case and painstakingly presents the material in a manner that can be understood by readers. He also examines, in a clear and unbiased way, the testimony of the economists on both sides of the case. Anyone interested in fundamental ideas and concepts, as opposed to superficial anecdotes, should consult this book. This book would be an excellent choice in or out of the classroom.' -- Stan Liebowitz, University of Texas, Dallas, US'Gordon has provided us with a detailed roadmap of the economic argument of the Microsoft case, including a thorough examination of the economic theories that were used and an exceptionally careful examination of the trial record. He shows the remarkable weakness of both the theory and evidence that underpin the government's case. The result is an indictment of both the legal process in the case and antitrust in general.' -- Stephen E. Margolis, North Carolina State University, USTable of ContentsContents: Preface 1. Introduction: The Case and Its Critics 2. Modern Economics and the Microsoft Case 3. Determinants of Monopoly in Theory and Practice 4. Predation, Tying, Vertical Squeezes, and Other Competitive Tactics 5. QWERTY: Threat or Fable, Towards the Applications Barrier to Entry 6. Introduction to the Case 7. The Treatment of Monopoly in the Case 8. Microsoft’s Tactics: Predation, Tying, and Threats in Theory 9. Microsoft’s Tactics: Predation, Tying, and Threats in Practice 10. After the Facts: Decisions and Commentary 11. Summary and Conclusions Bibliography Index

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Book SynopsisAlliance Capitalism for the New American Economy advocates engagement with the USA's macromanagement problems in a spirit of alliance capitalism, for the development of a more integrated, dynamic economy. Whereas most studies of the USA emphasise the efficiency effects of intense competition between firms, this book stresses that as the new economy becomes more knowledge based, its development necessitates active intercorporate cooperation, especially in high technology sectors.The book focuses on problems of balance between competition and cooperation in the relations between American firms, as well as in political competition and cooperation for the management of US economic policy. Public concern over the dynamics of the US political economy has increased since the dramatic disclosures during 2002 of high-risk speculation and fraud by major American enterprises. The authors argue that these problems reflect fierce competition, insufficiently restrained by monitoring and regulation. Imperatives for the development of a more cooperative, collegial style of capitalism are stressed. The authors also highlight the importance of technocratic contributions to the development of corporate alliances and address the increasing significance of working skill levels.This volume will provide valuable reading and reference material for all students, academics and researchers of business and competition policy. Corporate managers and government agencies involved in technology, trade, financial regulation and infrastructure development will also gain practical insights into the benefits of a more cooperative model of capitalism.Table of ContentsContents: Foreword 1. The American Political Economy 2. Problems of Governance in the USA 3. American Structural and Policy Interdependencies 4. US Structural Change: Macroeconomic Policy Issues 5. The US Financial Sector: Regulatory Issues 6. The US Policy Mix and Corporate Strategies 7. US Firms in World Finance 8. American Alliance Capitalism: Flagship-led Clusters 9. The US Current Account: Issues and Implications 10. Globalization and Economic Integration: Implications for Microeconomic Policy in the USA and Europe 11. Long-range Planning Index

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Book SynopsisThe advent of the Information Age has transformed the ways in which individuals work, travel, and conduct their daily activity. Anna Nagurney and June Dong lay out the theory of supernetworks, networks that exist over and above existing electronic networks, in order to formalize decision-making in the Information Age. Supernetworks are conceptual in scope, graphical in perspective, and, with the accompanying theory, predictive in nature. In this book, the authors provide a unifying framework for the study of decision-making by a variety of economic agents including consumers and producers as well as distinct intermediaries in the context of today's networked economy. They provide the conceptual, analytical, and computational tools for the study of supernetworks. Their approach is rigorous and of sufficient generality and detail to give added insight into the behavior and structure of large-scale, interacting and competitive network systems, such as transportation, telecommunication, and financial networks. Areas studied include: supply chain networks with electronic commerce, financial networks with intermediation, telecommunicating versus commuting decision-making, teleshopping versus shopping decision-making, as well as transportation and location decisions. Case studies drawn from practice are provided for illustration purposes. Academics and practitioners in economics, business, and operations research along with management scientists, transportation and logistics researchers, computer scientists and applied mathematicians will find this book fascinating and useful.Trade Review'The book provides a fair argument for the use of equilibrium models to represent systems involving several layers of independent agents. Since the topics addressed are important in the current 'Information Age,' this book is certainly relevant.' -- Patrice Marcotte, Journal of Regional ScienceTable of ContentsContents: Preface Part I: Introduction and Foundations 1. Introduction and Overview 2. Background 3. Foundations of Supernetworks Part II: Multitiered Networks 4. Supply Chain Networks and Electronic Commerce 5. A Multilevel Perspective for Supply Chain Dynamics 6. Dynamic Financial Networks with Intermediation Part III: Multicriteria Networks 7. Multicriteria Network Equilibrium Modelling 8. A Space-Time Network for Telecommuting versus Commuting 9. Urban Location and Transportation in the Information Age Part IV: New Directions 10. Supernetworks of Producers and Consumers 11. Multicriteria Decision-Making in Financial Networks 12. Paradoxes and Policies A. Optimization Theory B. Variational Inequalities and Projected Dynamical Systems C. Algorithms Bibliography Index

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Book SynopsisWhat makes the US different from other advanced economies is the opportunity for newcomers acting as entrepreneurs to start new companies, a few of which will then change the world. This book develops three points. First, the New Economy is real: part micro, part macro, and all digital. Second, its emergence around networked PCs propelled the US resurgence in the world economy during the 1990s. Third, rather than subsiding, the current US lead in information technology (IT) could well increase over the next decade. The reason lies in the clustered linking of venture capital and entrepreneurs in a system that can be stylized as 'the invention of the method of innovation'. The central theme of the book is the vital role played by newcomers, acting as entrepreneurs, to overthrow the old order and blast through the deep tendencies toward stagnation that afflict advanced, affluent economies. Related strands are (1) an update and reappraisal of Joseph Schumpeter's vision of capitalist development, (2) a regional focus on the rebirth of US computing, and (3) a detailed inquiry into the geography of innovation in strategic clusters of venture capital firms and IT knowledge workers. The author provides a sharply etched portrayal of the geography of the new economy. He lists specific case studies of the failure of established managerial corporations to capitalize on inventions, a failure remedied by newcomers. The book recounts traditional and new theories of the entrepreneur and of creative destruction. Primers on venture capital, IPOs, and internet business models are included, as are comparisons of theory and data on the emergence of new 'strategic cities'. Lastly, it offers a brief, readable, detailed, and company-specific history of the PC revolution and the coming of the internet.Economists, geographers, and regional scientists, students and readers interested in the digital economy, the internet, the history of economic thought, and the New Economy and investors will all find this book revealing and enlightening.Trade Review'The book is intended for economists, geographers, students and regional scientists as well as for policymakers and scholars, both those who are seeking further information regarding the new economy and those who feel they should know more about the principles of the new economy will learn much from this book. It covers an impressive range of issues, and each topic is dealt with a comprehensive systematic manner. The book is written in an accessible style - generally non-technical except for appendices and largely jargon free.' -- Guldem Gokcek, Eastern Economic Journal'Overall, the comprehensiveness and the massive amount of data on new economy phenomena make Creating the New Economy a nice collection of new economy topics that are of major interest to regional scientists.' -- Erik Stam, Papers in Regional Science'I have read the Norton manuscript with fascination. He has a provocative thesis, and he successfully puts himself in the middle of virtually every current debate about our economy. It is the kind of book that everyone interested in these controversies will want to read and ponder. At first, few may agree with him but then again he agrees with very few whose ideas he touches. He has made Schumpeter his lodestar. . . Yet, I would venture a guess that Schumpeter himself would not only have been amused, even gratified, but he would have hailed Norton's work as a significant extension of what he had in mind and as a fine example of the bold style he admired.' -- Mark Perlman, University of Pittsburgh, US'This book is a vigorous statement extolling the continuing leadership prospects for the US economy. A primary contribution is in pointing out that sustained growth in the free market economy is not just the result of fortunate but largely accidental developments. Rather, it is attributable to a considerable degree to the powerful and enduring mechanism of entrepreneurship.' -- William J. Baumol, New York University and Princeton University, US'While there is a lot of talk about the New Economy, scholars have been slow to take the subject seriously. This volume is an important exception. Norton tackles the subject of the New Economy head on, providing a deep and thoughtful explanation of what this New Economy is all about, where it came from, how it differs from the 'old economy' and where it is headed. Policymakers and scholars from all fields of economics and business will find this book important and valuable in placing the New Economy in an intellectually satisfying historical context.' -- David B. Audretsch, Indiana University, Bloomington, US and Otto Beisheim School WHU, GermanyTable of ContentsContents: Preface: Geographies of Creation Part I: Three Conceptions of the New Economy Part II: Requiem Part III: The Revolution Part IV: Networks Part V: What Went Right? Bibliography Index

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Book SynopsisFast track route to mastering all aspects of global strategy Covers all the fundamentals of successful global strategy, from market entry tactics to understanding local regulations, and from understanding country risk to finding sales and marketing opportunities Examples and lessons from some of the world's most successful businesses, including Wal-Mart, Tesco and MSN, and ideas from the smartest strategy gurus Includes a glossary of key concepts and a comprehensive resources guide ExpressExec is a unique business resource of one hundred books. These books present the best current thinking and span the entire range of contemporary business practice. Each book gives you the key concepts behind the subject and the techniques to implement the ideas effectively, together with lessons from benchmark companies and ideas from the world's smartest thinkers. ExpressExec is organised into ten core subject areas making it easy to find the information you need: 01 Innovation 02 Enterprise 03 Strategy 04 Marketing 05 Finance 06 Operations and Technology 07 Organizations 08 Leading 09 People 10 Life and Work ExpressExec is a perfect learning solution for people who need to master the latest business thinking and practice quickly.Table of ContentsIntroduction to ExpressExec v 03.02.01 Introduction 1 03.02.02 Definition of Terms 13 03.02.03 Evolution 27 03.02.04 The E-Dimension 43 03.02.05 The Global Dimension 55 03.02.06 The State of the Art 67 03.02.07 In Practice: Global Strategy Success Stories 85 03.02.08 Key Concepts and Thinkers 101 03.02.09 Resources 109 03.02.10 Ten Steps to Making Global Strategy Work 117 Frequently Asked Questions (FAQs) 133 Index 137

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Book SynopsisFast track route to mastering the art of global leadership Covers the key areas of global leadership, from defining thequalities that distinguish global leadership from conventionalleadership and how a global presence requires an understanding ofyour company's impact overseas, to leading from a distance andunderstanding what it takes to make global leadership work Examples and lessons from some of the world's most successfulbusinesses, including McKinsey, Nokia, Nestlé and Matsushita,and ideas from the smartest thinkers, including Warren Bennis, JohnKotter, Robert Rosen, Philip R. Harris, Robert T. Moran and PeterSenge Includes a glossary of key concepts and a comprehensiveresources guideTable of ContentsIntroduction to Express Exec Introduction to Global Leadership Definition of Terms: What is Global Leadership? The Evolution of Global Leadership The E-Dimension The Global Dimension The State of the Art Global Leadership In Practice Key Concepts and Thinkers Resources Ten Steps to Making Global Leadership Work Frequently Asked Questions (FAQs) Acknowledgements Index

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Book SynopsisFast track route to understanding the organizational, economic andmanagerial pressures and constraints in managing global activities Covers the key areas of strategic, marketing and financialpriorities and demands and the need for corporate social, culturaland operational awareness and responsibility Examples and lessons from some of the world's most successfulbusinesses, including ABB, Nissan and Mattel Inc, and ideas fromthe world's smartest thinkers, including Gary Hamel, Peter Drucker,Naomi Klein, Sumantra Ghoshal and Chris Bartlett Includes a glossary of key concepts and a comprehensiveresources guideTable of ContentsIntroduction to Express Exec Introduction to Global Organizations What is are Global Organizations? Evolution of Global Organizations The E-Dimension of Global Organizations The Global Dimension The State of the Art of Global Organizations Globalization Success Stories Key Concepts and Thinkers Resources Ten Steps For Effective Global Organization Management Frequently Asked Questions (FAQs) Index

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Book SynopsisIn recent years the field of dynamic stochastic general equilibrium models has emerged as the central field of macroeconomics. These models give a unified treatment of growth and fluctuations in a general equilibrium framework where all agents behave rationally. A particularly successful part of this field introduces imperfect competition and nonclearing markets into this framework, which also leads to the study of problems like unemployment. This timely volume gives a full account of the field, starting with the various general equilibrium traditions that ultimately led to this research area, and then describing the evolution of the models, with special emphasis on how they succeeded in representing features of dynamics that other models failed to reproduce.This collection will be an invaluable source of reference for professors and graduate students specializing in macroeconomics. It should also be of interest to students of the history of economic thought, as it shows how apparently antagonistic subfields ended up merging to produce a better synthetic theory.Trade Review'Modern macrotheory features some ideas that are either very deep or very peculiar. This excellent collection includes some of the original sources of those ideas, and then goes on to show by example how modifying or abandoning them can lead to more interesting and - I think - more realistic macroeconomic stories. It is an education in itself.' -- Robert M. Solow, Massachusetts Institute of Technology, USTable of ContentsContents: Acknowledgements Introduction Jean-Pascal Bénassy PART I FOUNDATIONS A Growth and Intertemporal Maximization 1. F.P. Ramsey (1928), ‘A Mathematical Theory of Saving’ B Walrasian Equilibrium 2. Kenneth J. Arrow and Gerard Debreu (1954), ‘Existence of an Equilibrium for a Competitive Economy’ 3. K.J. Arrow (1964), ‘The Role of Securities in the Optimal Allocation of Risk-Bearing’ C General Equilibrium under Price Rigidities 4. Robert Clower (1965), ‘The Keynesian Counterrevolution: A Theoretical Appraisal’ 5. Robert J. Barro and Herschel I. Grossman (1971), ‘A General Disequilibrium Model of Income and Employment’ 6. Jacques H. Drèze (1975), ‘Existence of an Exchange Equilibrium Under Price Rigidities’ 7. Jean-Pascal Bénassy (1975), ‘Neo-Keynesian Disequilibrium Theory in a Monetary Economy’ 8. Joaquim Silvestre (1983), ‘Fixprice Analysis in Productive Economies’ D General Equilibrium under Imperfect Competition 9. Takashi Negishi (1961), ‘Monopolistic Competition and General Equilibrium’ 10. Jean Jaskold Gabszewicz and Jean-Philippe Vial (1972), ‘Oligopoly “A la Cournot” in a General Equilibrium Analysis’ 11. Jean-Pascal Bénassy (1988), ‘The Objective Demand Curve in General Equilibrium with Price Makers’ E Walrasian Cycles 12. Robert E. Lucas, Jr. (1972), ‘Expectations and the Neutrality of Money’ 13. Finn E. Kydland and Edward C. Prescott (1982), ‘Time to Build and Aggregate Fluctuations’ 14. John B. Long, Jr. and Charles I. Plosser (1983), ‘Real Business Cycles’ PART II NON-WALRASIAN CYCLES A Real and Nominal Rigidities 15. Lars E.O. Svensson (1986), ‘Sticky Goods Prices, Flexible Asset Prices, Monopolistic Competition, and Monetary Policy’ 16. Jean-Pierre Danthine and John B. Donaldson (1991), ‘Risk Sharing, the Minimum Wage, and the Business Cycle’ 17. Jang-Ok Cho (1993), ‘Money and the Business Cycle with One-period Nominal Contracts’ 18. Jean-Olivier Hairault and Franck Portier (1993), ‘Money, New-Keynesian Macroeconomics and the Business Cycle’ 19. Jean-Pascal Bénassy (1995), ‘Money and Wage Contracts in an Optimizing Model of the Business Cycle’ 20. Jang-Ok Cho, Thomas F. Cooley and Louis Phaneuf (1997), ‘The Welfare Cost of Nominal Wage Contracting’ B Dynamics and Persistence 21. Guillermo A. Calvo (1983), ‘Staggered Prices in a Utility-Maximizing Framework’ 22. Tack Yun (1996), ‘Nominal Price Rigidity, Money Supply Endogeneity, and Business Cycles’ 23. Torben M. Andersen (1998), ‘Persistency in Sticky Price Models’ 24. Olivier Jeanne (1998), ‘Generating Real Persistent Effects of Monetary Shocks: How Much Nominal Rigidity Do We Really Need?’ 25. Jean-Pascal Bénassy (2003), ‘Output and Inflation Dynamics under Price and Wage Staggering: Analytical Results’ 26. Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans (2005), ‘Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy’ Name Index

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Book SynopsisThis book examines the way in which the increasing internationalization of services, including the operation of multinationals in this sector, interacts with the process of innovation in services. The book challenges the theoretical traditions that have developed around the analysis of service innovation and internationalization, and argues for a new research agenda. The distinguished contributors address many of the most pertinent issues and adopt a variety of theoretical and empirical approaches to enrich the debates. In contrast to most other books on this topic, this volume pays particular attention to services that are knowledge or technology intensive. It elucidates the process of internationalization of such services (through trade and FDI) and stresses the important role it plays in the globalization of production, distribution and innovation. The book also highlights the significant implications service internationalization can have for the competitiveness of firms, regions and countries. The authors thoroughly evaluate trade and investment statistics in order to identify different modes of internationalization and the substantial cross-national differences that this reveals. They move on to examine the organizational structure of multinationals, the new international division of labour and the factors which can influence the location decisions of knowledge-intensive services. Using extensive survey data from a variety of different countries, they accurately identify the trends, characteristics and drivers which have acted as a catalyst for the increasing internationalization of knowledge-intensive services, as well as the obstacles which can hinder this process. Adopting a truly global perspective, this significant new volume will be of considerable interest to students, scholars and policymakers in the fields of international business, innovation and management.Trade Review'. . . this book provides a wide set of interesting contributions that shed new light on the unexplored link between technology and internationalisation in services.' -- Rinaldo Evangelista, Science and Public Policy'Internationalization, Technology, and Services is recommended for upper-division and graduate students at academic libraries. Information professionals who read this work will benefit from expanding their understanding of the many forms of internationalization.' -- Marc Vinyard, Business Information AlertTable of ContentsContents: Introduction Part I: Innovation and Internationalization of Services: Conceptual Issues 1. The Relation between the Internationalization of Services and the Process of Innovation: A Research Agenda 2. Internationalization and the Demarcation between Services and Manufactures: A Theoretical and Empirical Analysis Part II: Technology and Trade and Foreign Investment in Services: A Statistical Appraisal 3. The Internationalization of European Services: What Can Data on International Services Transactions Tell Us? 4. Internationalization of Services: Are the Modes Changing? Part III: International Service Multinationals and the Location of Production and Innovation Activity 5. Globalization, Regionalization and ‘Scales of Integration’: US IT Industry Investment in Southeast Asia 6. National versus International Effects in Regional Concentration of European Innovative Business Services Part IV: Internationalization and Innovation: The Challenge for Countries and Regions 7. From Market to Resource-Oriented Overseas Expansion: Re-examining a Study of the Internationalization of UK Business Service Firms 8. Services Internationalization: Characteristics, Potentials and Barriers of Danish Service Firms 9. Internationalization of Knowledge-Intensive Business Services in a Small European Country: Experiences from Finland 10. Services, Scale and Structures of Internationalization: Northwest England’s Environmental Technologies Firms Index

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Book SynopsisThis innovative Handbook draws together and reflects on the specific methodological challenges that an international business scholar is likely to face when undertaking a qualitative research project. With a practical, hands-on approach to methodological debates, the Handbook raises concerns specific to international business scholars. Covering the entire life cycle of a research project from its philosophical underpinnings to publication hurdles, the book explores existing practices and gives voice to multiple, even contrasting perspectives. This invaluable source of experiential knowledge, as well as conceptual understanding, has been achieved by a truly international authorship. Including fascinating vignettes written by senior academics, the result is a guide that will be indispensable. Capturing the experiences and practices of qualitative researchers, the Handbook of Qualitative Research Methods for International Business should be on the bookshelves of students and scholars of IB, researchers in international management and marketing, and teachers of cross-cultural and IB research methods.Trade Review'This book is recommended for academic libraries supporting international business research, international business scholars involved in qualitative research projects, and international organizations with a need to conduct or understand qualitative business research.' -- Denise J. Johnson, Business Information Alert'This Handbook provides a comprehensive guide portraying the variety and complexity of qualitative research methods in international business (IB). The editors, Marschan-Piekkari and Welch, have ambitiously interwoven assorted methodological viewpoints, experiences, and recommendations in a wide-ranging compendium spanning twenty-eight chapters in six sections. Nine vignettes interspersed throughout the text offer distinctive personal accounts that are as enjoyable as they are informative. The total massive and admirable undertaking arrays the perspectives of fifty-four perceptive and self-reflective researchers representing diversity in nationality as well as research approach. Reading this book enhanced my understanding of the challenges, shortcomings, and satisfactions of various forms of qualitative research design. . . This Handbook successfully consolidates the existing qualitative methodological literature and reflects the range of techniques available for generating theory and obtaining fresh'Suffice to say that all researchers (be them familiar or not with qualitative research) and doctoral students in the field will find this Handbook insightful if not essential. Challenging ideas are put forward, useful tips and models discussed in detail, not to mention the numerous practical advice ranging from the theoretical underpinning of the research undertaken to personal experiences in unfamiliar places in the world.' -- Axele Giroud, International Business Review'The Handbook of Qualitative Research Methods for International Business provides an excellent resource for IB researchers. It combines practical advice and theoretical discussion, addressing and exploring many of the issues that challenge scholars who undertake qualitative research and summarizing trends and debates in the field. As a Handbook, it would be of special interest to doctoral students starting out on their research careers but it would also be a valuable source for reference by academics who are more established in the field of IB.' -- Anna Soulsby, Journal of International Business StudiesTable of ContentsContents: Vignette: Observations from a Lifetime of Interviewing Jean J. Boddewyn Foreword Peter J. Buckley Vignette: Interviews: A Key Data Source in International Business Research Arvind Parkhe PART I: TRENDS AND PROSPECTS IN INTERNATIONAL BUSINESS RESEARCH Vignette: Theory is not Reality Jan Johanson 1. Qualitative Research Methods in International Business: The State of the Art Rebecca Marschan-Piekkari and Catherine Welch 2. Empirical Research in International Management: A Critique and Future Agenda Richard B. Peterson 3. Towards a Postcolonial Research Paradigm in International Business and Comparative Management Robert Westwood 4. Hermeneutic Methodology and International Business Research Niels G. Noorderhaven PART II: CASE STUDY RESEARCH Vignette: The Many Skills of the Case Researcher Robert W. Scapens 5. Designing and Conducting Case Studies in International Business Research Pervez Ghauri 6. The Architecture of Multiple Case Study Research in International Business Pieter Pauwels and Paul Matthyssens 7. The Role of Negative Personal Experiences in Cross-cultural Case Study Research: Failure or Opportunity? Karen Grisar-Kassé 8. First Put in the Sugar, Then the Eggs . . . Or the Other Way Round? Mixing Methods in International Business Research Leila Hurmerinta-Peltomäki and Niina Nummela PART III: INTERVIEWING IN INTERNATIONAL BUSINESS RESEARCH Vignette: Getting the Ear of the Minister Henry Wai-chung Yeung 9. Interview Studies in International Business Research John D. Daniels and Mark V. Cannice 10. Improvisation and Adaptation in International Business Research Interviews Ian Wilkinson and Louise Young 11. Language and Languages in Cross-cultural Interviewing Rebecca Marschan-Piekkari and Cristina Reis 12. Interviewing in the Multinational Corporation: Challenges of the Organisational Context Rebecca Marschan-Piekkari, Catherine Welch, Heli Penttinen and Marja Tahvanainen 13. The Interview in International Business Research: Problems We Would Rather Not Talk About Stuart Macdonald and Bo Hellgren PART IV: ALTERNATIVE METHODS AND METHODOLOGIES Vignette: Seeing and Experiencing Culture Mary Yoko Brannen 14. The Ethnographic International Business Researcher: Misfit or Trailblazer? Malcolm Chapman, Hanna Gajewska-De Mattos and Christos Antoniou 15. The Relevance of Ethnography to International Business Research Diana Rosemary Sharpe 16. Interpreting the International Firm: Going Beyond Interviews Hans De Geer, Tommy Borglund and Magnus Frostenson 17. Critical Discourse Analysis as a Methodology for International Business Studies Eero Vaara and Janne Tienari PART V: RESEARCHING OUTSIDE THE TRIAD Vignette: Eating Alone and Other Experiences Russell Belk 18. Contextualising Fieldwork: Reflections on Conducting Research in Eastern Europe Snejina Michailova 19. Conducting Qualitative Research in Vietnam: Ethnography, Grounded Theory and Case Study Research Nancy K. Napier, Suzanne Hosley and Thang Van Nguyen 20. The Role of Culture in Conducting Trustworthy and Credible Qualitative Business Research in China Giana M. Eckhardt 21. An Outsider in India Elisabeth M. Wilson 22. The Rhythms of Latin America: A Context and Guide for Qualitative Research Victoria Jones PART VI: FROM ANALYSIS TO PUBLICATION Vignette: Against Today’s Fashion: Experiences from the ‘Review Front’ Dirk Matten 23. Ensuring Validity in Qualitative International Business Research Poul Houman Andersen and Maria Anne Skaates 24. Computer-assisted Qualitative Data Analysis: Application in an Export Study Valerie J. Lindsay 25. Writing About Methods in Qualitative Research: Towards a More Transparent Approach Tatiana Zalan and Geoffrey Lewis 26. ‘Writing it Up’: The Challenges of Representation in Qualitative Research Sara L. McGaughey 27. Getting Published: The Last Great Hurdle? Denice E. Welch and Lawrence S. Welch 28. Publishing Qualitative Research in International Business Julian Birkinshaw Vignette: Case Studies in Construction: Recollections of an Accidental Researcher Stewart R. Clegg Index

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Book SynopsisCraig Julian argues that the International Joint Venture (IJV) phenomena represents two opposing trends. On the one hand, an analysis of the number of new IJVs reveals that they are becoming increasingly popular as a mode of overseas market entry and expansion. On the other hand, however, the significance of a robust growth trend is overshadowed by the incidence of high failure.The book examines the factors influencing the marketing performance of IJVs in South East Asia, including market characteristics, conflict, commitment, product characteristics, marketing orientation, control, trust, partner's contributions and partner's needs.A unique composite measure incorporating financial, strategic and perceptual tools is used to determine the marketing performance of IJVs, and directions for future research are provided. Managers are then guided in better managing and improving the success of their IJVs, and the importance of top management team composition to IJV performance is also highlighted.International Joint Venture Performance in South East Asia provides the most comprehensive list of references on joint venture academic research to date with 60 pages of references on joint venture research. As such, this book will be invaluable to both academics and practitioners with an interest in international business research and the management of IJVs.Trade Review'This is a welcome addition to the body of work on IJV performance. The emphasis on marketing and on S.E. Asia is particularly timely.' -- Paul Beamish, University of Western Ontario, CanadaTable of ContentsContents: Preface 1. Introduction 2. Trends and Characteristics of International Joint Ventures 3. Performance of International Joint Ventures 4. Market Characteristics and Performance 5. Conflict 6. Commitment and Performance 7. Product Characteristics 8. Marketing Orientation 9. Control 10. Trust 11. Partners’ Contributions 12. Partners’ Needs 13. Top Management Teams of International Joint Ventures 14. Equity Joint Ventures and the Theory of the Multinational Enterprise 15. Investing in Thailand via Joint Ventures 16. Legal Implications of Investing in Thailand 17. A Guide for Managers of International Joint Ventures 18. Future Research Agenda for International Joint Ventures in South East Asia References Index

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Book SynopsisThe diffusion of work processes across countries through foreign direct investment and technological collaborations is an increasingly important practice in today's global economy. Ayse Saka explores this process both by focusing on the role of actors in appropriating different ways of operating and by examining the effects of the institutional environment in the host country. The author uses the example of Japanese firms operating in the UK to explore how the diffusion of work systems occurs in practice. She finds that institutional, organisational and group characteristics, have great influence on the degree to which Japanese work systems are put to practice and accepted by UK adopter companies. The degree to which alternative work systems are accepted depends in part on the flexibility of the institutional setting and on social patterns of interaction in organisations.This unique and original book will appeal to a wide-ranging audience, including researchers, lecturers and scholars specialising in management studies in human resource management, industrial relations, organisational behaviour and international operations management. Cross-National Appropriation of Work Systems will also be invaluable to management practitioners and policymakers.Trade Review'I would . . . recommend this study in a . . . general way, beyond the specific topic and its disciplinary ambit, for the combination of methodological rigour with qualitative sensitivity in interviewing and analysis. This shows what theoretically meaningful research in the more qualitative veneer, beyond genuflections towards Ragin or Eisenstadt, looks like.' -- From the preface by Arndt SorgeTable of ContentsContents: Preface by Arndt Sorge Part I: Theoretical Background Introduction 1. Work Systems Diffusion: Neo-institutional Perspectives 2. The Double Embeddedness Barrier Part II: Some Empirical Evidence 3. Research Methodology 4. Appropriation of Japanese Work Systems in the UK: Illustrations from the Automotive Industry 5. Conclusions, Implications and Limitation Appendices References Index

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Book SynopsisInternational entrepreneurship as a field of study is not necessarily confined to the internationalisation phenomenon, and recently advanced definitions suggest significant scope for the development and establishment of, as yet, undetermined parameters. Emerging Paradigms in International Entrepreneurship identifies key themes that collectively demonstrate the convergence of thinking at the interface between the disciplines of international business and entrepreneurship. These are: development of the field and the effects of international entrepreneurship on a new economy conceptual and paradigmatic developments international entrepreneurship and the internet as a developing research agenda contacts links and networks as process driven internationalisation cross-sectoral, cross-national and cross-cultural comparisons of entrepreneurship the experiential emphasis in entrepreneurial internationalisation. Explaining the complexities of enterprise in an international and sometimes global environment, this book is distinguished by the cross-disciplinary nature of its contributors and their efforts to develop new paradigmatic approaches in an area characterised by theoretical diversity and convergence.Appealing to researchers, academics and policymakers working in international business - particularly the international growth and development of small firms - and for entrepreneurship and small firm scholars this book is a must-have. Lecturers and students on post-graduate programmes would also be interested in the book as a reader.Trade Review‘Emerging Paradigms in International Entrepreneurship consists of 15 articles organised into six broad themes of interest to scholars. . . which are likely to remain of interest for some time.' -- Ben Oviatt, Journal of International Business StudiesTable of ContentsContents: Foreword Part I: International Entrepreneurship, Development of the Field and the Effects of a New Economy Emerging Paradigms in International Entrepreneurship: A Synopsis 1. Back to the Future: International Entrepreneurship in the New Economy Part II: Conceptual and Paradigmatic Developments 2. Internationalization and the Performance of the Small Firm: A Review of the Empirical Literature between 1996 and 2001 3. Conceptual and Methodological Underpinnings in the Study of Rapid Internationalizers 4. Portfolio Entrepreneurship: A Description and its Link to International Entrepreneurship Part III: The Experimental Emphasis in Entrepreneurial Internationalization 5. The Export Problems of Internationalizing SMEs: Some Empirical Evidence using a ‘Critical Incident’ Technique 6. Is the Globe Becoming Small or is the Small Becoming Global? Part IV: International Entrepreneurship and the Internet: A Developing Research Agenda 7. Internet-enabled International Entrepreneurship: A Conceptual Model 8. Determinants of Internet Export Performance: A Conceptual Framework for Small and Medium-sized Firms 9. The Internet and the Internationalization of Small Knowledge-intensive Firms: A Conceptual Approach Part V: Contacts, Links and Networks: Process-Driven Internationalization 10. International Entrepreneurship and Network Relationships: The International Marketing Communications Sector 11. Returning to the Field in Internationalization: An Exploratory Study of Contemporary Small Firms in the Advanced Medical Products Industry 12. The Role of Inward FDI in Internationalization of Six Affiliates in Estonia: A Network Perspective Part VI: Cross-Sectoral, Cross-National and Cross-Cultural Comparisons 13. Chinese, Italian and Sikh Ethnic Entrepreneurship in Canada: Implications for the Research Agenda, Education Programmes and Public Policy 14. A Comparative Exploratory Investigation into the Perceptions of Internationalizing Firms in Singapore and the UK 15. How Entrepreneurial are University Alumni? A Scottish and International Comparison Index

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Book SynopsisLeadership might be thought of as the process that facilitates the achievement of group or societal objectives. As such, it has been at the centre of learned reflection and debate from earliest times. Philosophers, religious leaders, political theorists, and reformers have struggled with (and argued about) the moral purpose of leadership, how individuals and societies can go about achieving desired ends, and what role leaders and followers play in the process. This volume draws together in one place some of the best thinking on these and other issues from the great minds of the Western tradition. Taken together, the selections of this volume provide a rich and textured source for an initial understanding of some of the central issues of leadership.This book is an ideal reference work for scholars, leaders, and public intellectuals who are interested in the workings of leadership. It is also essential reading for students who wish to confront the deeper issues surrounding the leadership relation.

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Book SynopsisGlobal economic progress in the twentieth century, while generally encouraging, was neither continuous nor uniform. With the exception of some Asian nations, countries that were more developed at the beginning of the twentieth century still rank amongst the wealthiest nations, while countries that were poorer, still lag behind. The distinguished authors in this volume address the fundamental causes for such heterogeneous international experiences, placing particular emphasis on the role of institutions.They demonstrate how the study of economic development is increasingly linked to the development of institutions, which allow for more complex exchanges to occur in markets and societies. Institutions can be understood as rules or constraints that channel individuals' actions in specific directions, and can be formal or informal depending on their genesis. The book highlights the connection between institutions and economic welfare by examining countries at different stages of development. Although the authors' study material effects, they also look at individual well-being which is more strongly influenced by the non-material products of institutions such as opportunity, freedom and relationships. They move on to highlight the role of institutions in global business, in terms of innovation, entrepreneurship and foreign direct investment. In the concluding chapters they focus on the actual process of transition from one institutional framework to another. Amongst other examples, they examine reforms to international financial institutions and constitutional adjustments in transition countries. This varied yet highly topical book will be invaluable to institutional and public-choice economists, students and researchers of the theory and policy of international business, and social and political scientists interested in the role and evolution of institutions.Trade Review'The book . . . throws lights on the relationship between various institutions, in particular between the market and the state. It is strongly argued that the establishment of law and order, and an effective guarantee of property rights, must precede the introduction of the price system; if done in reverse order, failure and injustice result. Without a doubt, readers, whatever their own particular standpoint, will be able to derive considerable benefit from this collection.' -- From the preface by Bruno Frey, University of Zurich, Switzerland and Netherlands Institute for Advanced StudiesTable of ContentsContents: Foreword 1. Perspectives on Global Institutional Change Part I: Institutions, Economic Growth and Individual Welfare 2. Competition of Political–Economic Systems and Ideological Neutrality as Conditions for Viable Economic Development 3. The Impact of the Electoral System and of Other Political Institutions on Public Debt and Government Finances in Italy 4. Institutions Matter for Procedural Utility: An Econometric Study of the Impact of Political Participation Possibilities 5. Institutional Design in Plural Societies: Mitigating Ethnic Conflict and Fostering Stable Democracy 6. Fiscal Federalism and the Stability and Growth Pact: A Difficult Union Part II: Institutions and Business Activity 7. The Changing Institutional Form of Innovation: From Exploiting Market Power to Developing Corporate Technological Capability 8. Institutions, Entrepreneurship, and Growth: Biomedicine and Polymers in Sweden and Ohio 9. Corporate Governance and Capital Markets in the Two Capitalisms 10. Political Orientation and Multinational Investment Flows into Italy Part III: Institutional Transition 11. The Glorious Revolution of 1688: Successful Constitutional and Institutional Adjustment in a Period of Rapid Change 12. The Politics of Poverty 13. The Role of International Monetary Institutions after the EMU and the Asian Crisis: Some Preliminary ideas using Constitutional Economics 14. On the Delegation of Powers – With Special Emphasis on Central and Eastern Europe Index

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Book SynopsisThis volume explores Malaysian business in the era that began with the Asian financial crisis of 1997-1999. The contributions, by a broad range of international experts, are informed by a wish to identify what Malaysia needs to do to sustain economic growth, remain internationally competitive and further social stability in the post-crisis period. Malaysia's unconventional response to the crisis suggests that its business community has developed a new level of confidence in its ability to adopt and sustain innovative policies even when these strategies challenge the international financial community. This response is perceived as evidence that Malaysian business has indeed entered a new era characterised by a high level of confidence in the nation's capacity to weather the external periodic shocks that are a feature of the current wave of globalisation. The book argues that there are grounds for optimism in this regard while recognising that the true test will occur when Malaysia is compelled to confront a major decline in its international export markets brought on by a truly major crisis such as an OECD-wide recession.Business scholars and professionals as well as readers interested in Asian business and economics will find this volume informative.Trade Review'. . . the book makes a significant contribution to research on Asian business. The chapters are deeply researched and will be of considerable value to scholars, government policymakers and practitioners.' -- Samir Ranjan Chatterjee, Asia Pacific Journal of Economics and BusinessTable of ContentsEconomic and social adjustment in Malaysia in the "new" business era, Chris Nyland et al; Malaysian export competitiveness compared with the dynamic Asian economies - past performance and prospects for the next millennium, Peter Wilson; Australian business attitudes to Malaysia, Marika Vicziany et al; transaction costs of cross cultural exchange - evidence from Australia-Malaysia case studies, Ergun Dogan et al; Japanese electronics firms in Malaysia - after the financial crisis, David W. Edgington and Roger Hayter; the importance of size in the growth and performance of the electrical industrial machinery and apparatus industry in Malaysia, Rajah Rasiah; sustaining the growth effects of foreign investment - the case of multinational subsidiaries in Malaysia, Ron Edwards et al; market performance and the speed of the invisible hand - the case of Malaysian manufacturing, Mita Bhattacharya and Koi Nyen Wong; a comparison of business process re-engineering with other management techniques in Malaysia, Stanley Richardson and Khong Kok Wei; tour guide training -lessons for Malaysia about what works and what's needed, Betty Weiler and Sam H. Ham; economic growth, international competitiveness and public service moral values - a study of Penang Island Municipal Council officers, Ali Haidar et al; globalization and labour in Malaysia, P. Ramasamy; Islamic identity and work in Malaysia - Islamic work ethics in a Japanese joint venture in Malaysia, Wendy A. Smith et al; the 1997-1998 financial crisis in Malaysia and its social impact - some lessons, Ishak Shari; what determines the long-run movements of the Malaysian ringgit?, Ahmad Zubaidi Baharumshah et al; returns to liquidity on KLOFFE (Kuala Lumpur Options and Financial Futures Exchange), S. Gulay Avsar and Barry A. Goss; "Asian values", model communities and resistance to contemporary Malaysian politics, A.B. Shamsul.

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Book SynopsisThe past few decades have witnessed a growth in the importance of services in the economy, yet until the 1980s, scholarly literature on the expanding role of trade in services in the world economy remained scarce. This timely research review, edited by a leading analyst in the field, brings together seminal works on the WTO and trade in services published in the last twenty-five years. Areas covered in this important set include the determinants and patterns of trade in services, services in regional integration agreements and the GATS. This book will be of immense value to scholars and practitioners interested in this evolving and increasingly relevant field of study. Trade Review’[A] comprehensive collection of 48 articles on trade in services spanning the period from 1985 to 2009, is a timely addition to the existing literature on the subject. . . This book is truly multidisciplinary in its approach. Its articles include contributions from leading academics, legal practitioners, national policymakers, and staff of the European Commission, WTO, and the World Bank. . . The introduction presents a splendid overview of the articles featured in the book. He not only succinctly summarises the main findings of each of the articles but also very aptly introduces the reader to the important relevant works on the topics covered in these articles. . . Reviewing a book consisting of so many articles by various authors in less than a thousand words is by no means an easy task and it entails the unfortunate omission of even merely mentioning brilliant individual articles which warrant discussion. This is in a way testament of the complexity of the task that the editor might have faced in selecting and commenting on articles covering a period of almost a quarter of a century. He must be highly commended for performing those tasks very successfully as the articles, as diverse as they are, seem to fit together. . . Because of the coverage of very well written articles by lawyers, economists, scholars of international relations, public policy, and political science, the book would be significant for scholars, practitioners, and policymakers. . . the book would be an invaluable tool for undertaking any comprehensive research on the global trade in services. In view of its all-embracing scope, this book may well be an essential beginning point for researchers on trade in services for a considerable period of time.’ -- Mohammad Rizwanul Islam, Asian Journal of International Law‘The availability of this vast collection of economics literature on services published since the mid-1980s is likely to prove useful not only to the negotiators but to the hundreds of economists, government and non-government public policy officials, lawyers and students who seek a better understanding of the complex issues and challenges raised by services trade and the ISA negotiations. . . a significant volume of important literature from the 25-year period 1984–2009. . . This collection should thus be useful for any professional interested in services trade.’ -- David A. Gantz, International Trade Law and Regulation‘The WTO and Trade in Services offers great value to academics, policymakers and practitioners in this increasingly important area of study as the services-intensity of global economies continues to expand and we are very grateful to Elgar for this most useful and apposite compilation.’ -- Phillip Taylor MBE and Elizabeth Taylor, The Barrister MagazineTable of ContentsContents: Volume I Acknowledgements Introduction Bernard Hoekman PART I DETERMINANTS AND PATTERNS OF TRADE IN SERVICES 1. Joseph F. Francois and Kenneth A. Reinert (1996), ‘The Role of Services in the Structure of Production and Trade: Stylized Facts from a Cross-Country Analysis’ 2. André Sapir (1993), ‘The Structure of Services in Europe: A Conceptual Framework’ 3. Joseph F. Francois (1990), ‘Producer Services, Scale, and the Division of Labor’ 4. Richard H. Snape (1990), ’Principles in Trade in Services’ 5. Brian Hindley (1990), ‘Principles in Factor-related Trade in Services’ 6. Alan Deardoff (1985), ‘Comparative Advantage and International Trade and Investment in Services’ 7. Jagdish Bhagwati, Arvind Panagariya and T.N. Srinivasan (2004), ‘The Muddles over Outsourcing’ 8. J.J. Boddewyn, Marsha Baldwin Halbrich and A.C. Perry (1986), ‘Service Multinationals: Conceptualization, Measurement and Theory’ 9. James R. Markusen (2005), ‘Modeling the Offshoring of White-Collar Services: From Comparative Advantage to the New Theories of Trade and Foreign Direct Investment’ 10. Obie G. Whichard (2000), ‘Measurement and Classification of Service Sector Activity: Data Needs for GATS 2000’ 11. Robert E. Baldwin and Fukunari Kimura (1998), ‘Measuring U.S. International Goods and Services Transactions’ 12. Jack E. Triplett and Barry P. Bosworth (2000), ‘Productivity in the Services Sector’ 13. Karel Havik, Kieran McMorrow, Werner Röger and Alessandro Turrini (2008), ‘The EU-US Total Factor Productivity Gap: An Industry Perspective’ PART II SERVICES POLICIES, TRADE AND WELFARE 14. Tony Warren and Christopher Findlay (2000), ‘Measuring Impediments to Trade in Services’ 15. Philippa Dee, Kevin Hanslow and Tien Phamduc (2003), ‘Measuring the Cost of Barriers to Trade in Services’ 16. J. Bradford Jensen and Lori G. Kletzer (2005), ‘Tradable Services: Understanding the Scope and Impact of Services Offshoring’ 17. Denise Eby Konan and Keith E. Maskus (2006), ‘Quantifying the Impact of Services Liberalization in a Developing Country’ 18. Thomas Rutherford, David Tarr and Oleksandr Shepotylo (2005), ‘The Impact on Russia of WTO Accession and the DDA: The Importance of Liberalization of Barriers against FDI in Services for Growth and Poverty Reduction’ 19. Henk Kox and Arjan Lejour (2006), ‘The Effects of the Services Directive on Intra-EU Trade and FDI’ 20. Felix Eschenbach and Bernard Hoekman (2006), ‘Services Policy Reform and Economic Growth in Transition Economies’ 21. Alan V. Deardorff (2001), ‘International Provision of Trade Services, Trade, and Fragmentation’ 22. David Hummels (2007), ‘Transportation Costs and International Trade in the Second Era of Globalization’ 23. Joseph Francois and Ian Wooton (2001), ‘Market Structure, Trade Liberalization and the GATS’ 24. James Hodge (2002), ‘Liberalization of Trade in Services in Developing Countries’ 25. Stijn Claessens, Asli Demirgüç-Kunt and Harry Huizinga (2001), ‘How Does Foreign Entry Affect Domestic Banking Markets?’ 26. Joseph F. Francois and Ian Wooton (2001), ‘Trade in International Transport Services: The Role of Competition’ 27. Carsten Fink, Aaditya Mattoo and Ileana Cristina Neagu (2002), ‘Trade in International Maritime Services: How Much Does Policy Matter?’ 28. Yoon Je Cho (1988), ‘Some Policy Lessons from the Opening of the Korean Insurance Market’ 29. Terrie L. Walmsley and L. Alan Winters (2005), ‘Relaxing the Restrictions on the Temporary Movement of Natural Persons: A Simulation Analysis’ Volume II Acknowledgements An introduction to both volumes by the editor appears in Volume I PART I THE GATS: GENESIS AND STATE OF PLAY 1. William J. Drake and Kalypso Nicolaïdis (1992), ‘Ideas, Interests, and Institutionalization: “Trade in Services” and the Uruguay Round’ 2. Bernard Hoekman (1996), ‘Assessing the General Agreement on Trade in Services’ 3. Rudolf Adlung and Martin Roy (2005), ‘Turning Hills into Mountains? Current Commitments Under the General Agreement on Trade in Services and Prospects for Change’ 4. Batshur Gootiiz and Aaditya Mattoo (2009), ‘Services in Doha: What’s on the Table?’ 5. Bernard Hoekman (2008), ‘The General Agreement on Trade in Services: Doomed to Fail? Does it Matter?’ 6. Aaditya Mattoo (2003), ‘China’s Accession to the WTO: The Services Dimension’ 7. Felix Eschenbach and Bernard Hoekman (2006), ‘Services Policies in Transition Economies: On the EU and WTO as Commitment Mechanisms’ 8. Rudolf Adlung (2006), ‘Public Services and the GATS’ 9. Peter C. Evans (2003), ‘Strengthening WTO Member Commitments in Energy Services: Problems and Prospects’ 10. Claude Trolliet and John Hegarty (2003), ‘Regulatory Reform and Trade Liberalization in Accountancy Services’ 11. Damien J. Neven and Petros C. Mavroidis (2006), ‘El Mess in TELMEX: A Comment on Mexico - Measures Affecting Telecommunications Services’ 12. Joost Pauwelyn (2005), ‘Rien ne va plus? Distinguishing Domestic Regulation from Market Access in GATT and GATS’ 13. Alejandro Jara and M. del Carmen Domínguez (2006), ‘Liberalization of Trade in Services and Trade Negotiations’ 14. Aaditya Mattoo (2005), ‘Services in a Development Round: Three Goals and Three Proposal’ 15. Pierre Sauvé (2002), ‘Completing the GATS Framework: Safeguards, Subsidies and Government Procurement’ PART II SERVICES IN REGIONAL INTEGRATION AGREEMENTS 16. Aaditya Mattoo and Carsten Fink (2004), ‘Regional Agreements and Trade in Services: Policy Issues’ 17. Martin Roy, Juan Marchetti and Hoe Lim (2007), ‘Services Liberalization in the New Generation of Preferential Trade Agreements (PTAs): How Much Further than the GATS?’ 18. Carsten Fink and Marion Jansen (2009), ‘Services Provisions in Regional Trade Agreements: Stumbling Blocks or Building Blocks for Multilateral Liberalization?’ 19. Mario Marconini (2009), Revisiting Regional Trade Agreements and Their Impact on Services Trade

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Book SynopsisA unique and comprehensive source of information, this book is the only international publication providing economists, planners, policymakers and business people with worldwide statistics on current performance and trends in the manufacturing sector.The Yearbook is designed to facilitate international comparisons relating to manufacturing activity and industrial development and performance. It provides data which can be used to analyse patterns of growth and related long term trends, structural change and industrial performance in individual industries. Statistics on employment patterns, wages, consumption and gross output and other key indicators are also presented.Trade Review'The International Yearbook of Industrial Statistics continues to be the only publication available which pulls together worldwide statistics on performance and trends in the manufacturing sector. This is an authoritative source on comparative international manufacturing statistics and is highly recommended for all business reference collections.''This is a unique and massive effort by UNIDO providing comparative statistics on current performance and trends in the manufacturing sector worldwide . . . There is no doubt that the volume is a most important source book for economists, planners and policymakers.' -- Pradosh Nath, Journal of Science and Industrial Research'UNIDO has done well to bridge gaps in information noticed so far in industrial statistics worldwide and its companionship and usefulness will be realised by all users of this documentation in governmental, industrial and academic circles, as a must on every working desk. Its reliability is fully backed up by authoritative analysis.' -- Rajinder Kunmar, Marketing and Management NewsTable of ContentsContents: Introduction Part I: Summary Tables 1.1. The Manufacturing Sector 1.2. The Manufacturing Branches Part II: Country Tables

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Book SynopsisThe theme of this book is moral leadership in action as it manifests itself implicitly and explicitly in European business organizations. We understand leadership as interplay among people at all levels within organizations and also within the economic system by which people are bound together through particular forms of interaction. The contributions collected in this volume mirror the plurality of approaches we find in the theoretical writings of academics in different European countries. The additional business cases from six different nations show how leaders actually have adopted and integrated working with values in their own organizations, i.e. how they put moral leadership into action. While the selected papers are not meant to be representative of each country, particular economic and cultural traditions are apparent in both thinking and managing moral leadership. The contributors, by presenting this emerging multicultural pattern of Europe, contribute to a better and more knowledgeable understanding of how European business leaders pursue their goals.Managers, students and teachers in business, ethics and leadership studies will find this volume an indispensable guide to the unique contributions of European leadership scholars.Trade Review'This comprehensive volume . . . is particularly suited to teachers and students within the higher education sector having an interest in business and management ethics.' -- Economic Outlook and Business Review

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Book SynopsisThe establishment of a multilateral international trading regime is one of the great achievements of post-1945 international diplomacy.The focus of this collection is the history of the international trading system over the past two centuries. Volume I includes an overview of the subject area as well as sections considering the effects of war and peace, the late nineteenth-century backlash, and contemporary views of interwar disintegration. Volume II looks at the issues of hegemony, non-discrimination and reciprocity. It also covers customs unions, preferential trading agreements, trade wars and trade rivalry.This comprehensive two-volume set will be an invaluable source of reference on the origins of globalization.Trade Review'Kevin O'Rourke's selection of papers on nineteenth and twentieth century trade policy, providing essential reading for researchers in the field, is educative even for those already steeped in the subject and fundamental for understanding present day trade conflicts.' -- James Foreman-Peck, Cardiff Business School, UKTable of ContentsContents: Volume I Acknowledgements Introduction Kevin H. O’Rourke PART I OVERVIEWS 1. C.P. Kindleberger (1975), ‘The Rise of Free Trade in Western Europe, 1820–1875’ 2. Alan Milward (1981), ‘Tariffs as Constitutions’ 3. John H. Coatsworth and Jeffrey G. Williamson (2004), ‘The Roots of Latin American Protectionism: Looking before the Great Depression’ 4. Charles P. Kindleberger (1989), ‘Commercial Policy between the Wars’ 5. Douglas A. Irwin (1995), ‘The GATT’s Contribution to Economic Recovery in Post-War Western Europe’ PART II WAR AND PEACE 6. François Crouzet (1964), ‘Wars, Blockade, and Economic Change in Europe, 1792–1815’ 7. Paul W. Schroeder (1986), ‘The 19th-Century International System: Changes in the Structure’ 8. Carl Strikwerda (1993), ‘The Troubled Origins of European Economic Integration: International Iron and Steel and Labor Migration in the Era of World War I’ 9. Paul W. Schroeder (1993), ‘Economic Integration and the European International System in the Era of World War I’ 10. Carl Strikwerda (1993), ‘Response to “Economic Integration and the European International System in the Era of World War I”’ 11. Charles H. Feinstein, Peter Temin and Gianni Toniolo (1997), ‘The Legacy of the First World War’ PART III LATE NINETEENTH CENTURY BACKLASH 12. C.P. Kindleberger (1951), ‘Group Behavior and International Trade’ 13. Kevin H. O’Rourke (1997), ‘The European Grain Invasion, 1870–1913’ 14. Ashley S. Timmer and Jeffrey G. Williamson (1998), ‘Immigration Policy Prior to the 1930s: Labor Markets, Policy Interactions, and Globalization Backlash’ 15. Jeffrey G. Williamson (1998), ‘Globalization, Labor Markets and Policy Backlash in the Past’ PART IV CONTEMPORARY VIEWS OF INTERWAR DISINTEGRATION 16. League of Nations (1942), ‘An Analysis of the Reasons for the Success or Failure of International Proposals’ 17. Karl Polanyi (1944), ‘The Hundred Years’ Peace’ and ‘Conservative Twenties, Revolutionary Thirties’ Name Index Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I HEGEMONY 1. Charles P. Kindleberger (1973), ‘An Explanation of the 1929 Depression’ 2. Stephen D. Krasner (1976), ‘State Power and the Structure of International Trade’ 3. Arthur A. Stein (1984), ‘The Hegemon’s Dilemma: Great Britain, the United States, and the International Economic Order’ 4. Timothy J. McKeown (1983), ‘Hegemonic Stability Theory and 19th Century Tariff Levels in Europe’ 5. Patrick K. O’Brien and Geoffrey Allen Pigman (1992), ‘Free Trade, British Hegemony and the International Economic Order in the Nineteenth Century’ 6. John Gallagher and Ronald Robinson (1953), ‘The Imperialism of Free Trade’ 7. D.C.M. Platt (1968), ‘The Imperialism of Free Trade: Some Reservations’ PART II NON-DISCRIMINATION AND RECIPROCITY 8. Douglas A. Irwin (1993), ‘Multilateral and Bilateral Trade Policies in the World Trading System: An Historical Perspective’ 9. David Lazer (1999), ‘The Free Trade Epidemic of the 1860s and Other Outbreaks of Economic Discrimination’ 10. H. Van V. Fay (1927), ‘Commercial Policy in Post-War Europe: Reciprocity versus Most-Favored-Nation Treatment’ 11. Jagdish N. Bhagwati and Douglas A. Irwin (1987), ‘The Return of Reciprocitarians – US Trade Policy Today’ PART III CUSTOMS UNIONS AND PREFERENTIAL TRADING AGREEMENTS 12. Jacob Viner (1950), ‘Political Aspects of Customs Union’ 13. W.O. Henderson (1984), ‘Conclusion’ 14. W.O. Henderson (1981), ‘The German Zollverein and the European Economic Community’ 15. Rolf H. Dumke (1994), ‘The Political Economy of the Foundation of the Zollverein’ PART IV TRADE WARS AND TRADE RIVALRY 16. John Conybeare (1985), ‘Trade Wars: A Comparative Study of Anglo-Hanse, Franco-Italian, and Hawley-Smoot Conflicts’ 17. Douglas A. Irwin (1991), ‘Mercantilism as Strategic Trade Policy: The Anglo-Dutch Rivalry for the East India Trade’ Name Index

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Book SynopsisMultinational Enterprises, Innovative Strategies and Systems of Innovation explores the extent to which multinational enterprises (MNEs) are decentralising the creation of new technological capabilities to various different countries. The book contends that technological strategies and innovation activities undertaken by firms are a critical part of the increasing internationalisation of economic activity, and that MNEs are the main actors for these changes. It goes on to explain that MNEs must now effectively manage new technological assets in order to cope with extensive changes in the nature of international competition.Experts from a network of thirteen European countries attempt to promote a better understanding of tendencies towards a new international dynamic of technology creation and diffusion. The contributors to the book then explore the factors determining the process of decentralisation and the resulting consequences for national systems of innovation.This thorough and easily accessible analysis of new trends in the technological strategies of MNEs and their implications for national systems of innovation will be of enormous interest to those specialising in the internationalisation of the economy or the economic analysis of technical change. In addition, the book will provide an excellent source of background information for policymakers when drafting new policies, and for corporate decision-making in the private sector.Trade Review'This is a richly crafted book, written by economists for economists. Senior decision makers in industry and policymakers charged with improving the competitive health of regions also will find the book useful. The high percentage of empirical data also will appeal to many academics.' -- Steven MacGregor, Journal of Product Innovation Management'. . . interested readers will find valuable theoretical and empirical insights into the multifaceted, complex and sometimes contradictory character of the internationalization of corporate R&D. . .' -- Bernard Dachs, Journal of Evolutionary EconomicsTable of ContentsContents: Introduction Part I: New Trends in MNE Technological Organisation: Centralisation versus Decentralisation 1. Global Innovation Strategies of MNEs: Implications for Host Economies 2. Path-dependency and Coherence in International Networks of Technological Innovation 3. Linking Corporate-wide Global R&D Activities 4. Germany and the Internationalisation of Industrial R&D: New Trends and Old Patterns 5. Understanding the Growth of International R&D Alliances Part II: The Interactions Between MNEs and Systems of Innovation 6. Partnerships for Knowledge in Business and Academia: A Comparison Between Europe and the USA 7. The Technological Strategies of Multinational Enterprises: Their Implications for National Systems of Innovation 8. Networks and Learning Processes: A Case Study on the Automotive Industry in Portugal 9. Foreign Involvement in Acquiring and Producing New Knowledge: The Case of Hungary 10. National Innovation Systems: Absorptive Capacity and Firm Competitiveness Epilogue: After the Stock Market Turnabout: Questions and Hypotheses Index

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Book SynopsisMoving Towards the Virtual Workplace provides the first comprehensive overview of the many impacts of telework/telecommuting adoption, from both a managerial and societal perspective. This book argues that telework will be increasingly adopted in the twenty-first century, representing a far-reaching move toward the virtual workplace, with dramatic implications for the management of the workforce and for society at large.Telework, like mass production, has the potential to change society. It permits the significant reduction of the spatial and temporal constraints faced by the conventional organization of the workplace. The new virtual workplace constitutes a key step in the evolution towards a virtual society.In order to realistically assess telework's diffusion potential, the book studies, both conceptually and empirically, the technological, institutional, organizational and individual-level parameters that influence the decision to adopt telework, and the likelihood of telework's success.The book concludes that telework can have enormous socioeconomic impacts, both as a macro-level tool, reducing road transport externalities, and as a managerial instrument to motivate highly skilled workers in knowledge-based industries. As such this fascinating book will be invaluable to scholars of management, transport, economics and industrial and union relations. The telework and business community, both scholarly and practical will also find the book of great interest.Trade Review'This book is a first of its kind. It goes right to the heart of he issue of the extent to which telework is a substitute for travel and whether it is a more defensible policy tool for managing congestion than, for example, road pricing. This is a must read for those in both the transportation policy and management and the telecommunications policy arenas.' -- Roger R. Stough, George Mason University, US'There are clearly changes taking place in the way work is viewed and is being conducted. This research monograph looks at how these changes are affecting travel behavior at the micro level and, with this, highlight the economic and social implications of these changes. Its arguments are founded on a careful empirical analysis of behavior and attitudes of individuals and companies. This allows more detailed assessment of key links between travel and work-place choices than is often the case. The book will inevitably be of considerable interest to those concerned with urban development, transport efficiency and environmental protection.' -- Kenneth Button, George Mason University, USTable of ContentsContents: 1. Introduction 2. A Societal Perspective on Telework 3. A Managerial Perspective on Telework Adoption: Target Group Implementation 4. A Managerial Perspective on Telework Adoption: Parameters Affecting the Employer’s View 5. A Managerial Perspective on Telework: Parameters Affecting the Employee’s View 6. A Societal Perspective on Telework: The Alleviation of Road Transport Externalities Appendices References Index

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Book SynopsisThe authors of this unique volume provide a timely and valuable perspective on how technology and the Internet revolution are changing business and spurring development across the world, especially in emerging countries. Utilizing a framework grounded in rigorous theory, they provide a fine-grained understanding of electronic commerce adoption processes by public and private sector entities in developing countries. In so doing, they consider how each exchange encounter is shaped by, and in turn shapes, relational characteristics that form the basis for growth and development. Using a resource-based view of economies, the authors hypothesize that differences in the adoption of electronic commerce technologies in developing economies can be attributed to a sense-and-respond capability of governments with respect to new technologies, which they term 'technological opportunism'. One of their main objectives is to establish the distinctiveness of technology opportunities from related constructs, such as innovativeness, and show that it offers a significantly better explanation of technology adoption and diffusion than do existing constructs. The book examines a number of developing countries' experiences with electronic government, bringing real life experience to the adoption of an e-government model by looking at the issue from strategic as well as operational perspectives. The volume's ground-breaking research and conclusions will be of great interest to professionals, researchers and students in the areas of e-commerce and economic development; government officials of developing and newly industrialized countries contemplating e-government initiatives; and information technology managers.Trade Review'Business managers in developing countries would find in this volume a solid background to e-commerce at large, and to its significance within a wider framework of a resource-based view of their business and of the national economic settings within which they operate. The book is of special importance to the academic community of Internet students, as well as for those interested in economic development, by providing a pioneering insight into the issue of e-commerce in developing countries which may emerge strongly in the upcoming years.' -- Aharon Kellerman, Growth and Change'Undoubtedly an important contribution. E-commerce is a technology which holds the possibility of levelling the global trading playing field. This book provides a necessary review of current issues in e-commerce in developing economies, and a useful collection of good practice and solid theory for scholars, policymakers and professionals.' -- John Peters, Emerald Group Publishing Limited, UK'This is a road map of some of the challenges governments and companies face, in terms of physical and human infrastructure, as countries wrestle with a rapidly changing commercial environment. As the virtual world conquers ever more of the material world, countries that adapt and adopt to a cyber reality will likely do better. If you are doing business or setting policy in a developing country, you want to understand and address the issues raised in this book.' -- Juan Enriquez, CEO, Biotechonomy, US and author of The Untied States of America and As the Future Catches YouTable of ContentsContents: Foreword by Soumitra Dutta 1. Establishing the Context 2. e-Commerce and e-Government: A Review 3. Resource-Based View and Theory 4. Methodology and Development of Hypotheses 5. Data Collection and Empirical Results 6. Where Do We Go From Here? Index

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Book SynopsisFinding ways to alleviate global poverty poses a major challenge for political leaders and intellectuals worldwide. The contributors to this volume, top scholars of international business, examine the effects of globalization on the developing world and address ways in which multinational corporations (MNCs) can play a positive role in the fight against poverty.The essays illustrate how, by creating new business models, multinational enterprises are best equipped to relieve global poverty. By making investments among the poor - in pursuit of profit and shareholder wealth rather than as charity - the economic activity generated by investments would go a long way towards reducing poverty. The contributors show how following this strategy would lead to today's poor becoming part of the economy and emerging as visible customers for MNCs. They address the many facets of this plan in chapters on: MNCs and host environment and policies, strategies and their impact, governments and civil society, international business models, and global institutions and social responsibility. This unique solution to poverty reduction will be of great interest to scholars of international relations and business, international corporate managers and executives, government officials, and NGO executives dealing with global matters.Table of ContentsContents: Foreword Preface Part I: Introduction 1. The Role of MNCs in Alleviating Global Poverty Subhash C. Jain and Sushil Vachani Part II: The Host Environment and Policies 2. Multinational Enterprises in Less Developed Countries: Cultural and Economic Interactions Revisited Peter J. Buckley 3. Role of Multinational Corporations in Poverty Reduction Ben L. Kedia, Raj V. Mahto and Liliana Pérez Nordtveldt 4. FDI and Poverty Alleviation in Small Developing Countries Alvin G. Wint 5. Linking Poverty and Foreign Direct Investment in Developing Countries James O’Brien and Paul W. Beamish Part III: Multinational Strategy 6. Business Strategies for Profitable Sales to the Poor: How Free Enterprise Can Fight Poverty Raj Aggarwal 7. Multinational Enterprise Strategy for Developing Countries Alan M. Rugman 8. Marketing and Global Poverty Reduction John K. Ryans Jr. Part IV: Multinationals’ Impact 9. A ‘Customer-Centric’ View of Global Economic Development V. Kasturi Rangan and Arthur McCaffrey 10. Globalization, Multinational Enterprises and World Poverty Pervez N. Ghauri and Peter J. Buckley 11. The Determinants of Employment of Affiliates of US Multinational Enterprises in Africa Elizabeth Asiedu Part V: Multinationals, Governments and Civil Society 12. Multinational Sourcing, Sustainable Agriculture and Alleviation of Global Poverty Jonathan P. Doh 13. Achieving the Millennium Development Goals: Ways for MNCs to Effectively Interface with NGOs Hildy Teegen 14. Poverty and MNEs in Emerging Markets Robert Grosse Part VI: IB Models 15. Multinational Corporations through the Uneven Development Lens Doug Schuler, Stefanie Lenway and Lorraine Eden 16. Internationally Competitive Clusters in Developing Countries: India’s Information Technology Industry Ravi Ramamurti Part VII: Global Institutions and Social Responsibility 17. The Corporate Key: Using Big Business to Fight Global Poverty George C. Lodge 18. Upgrading the Quality of Global Capitalism: The Moral Dimension John H. Dunning 19. Multinationals’ Opportunity and Role in Alleviating Poverty Sanjeev Agarwal, Rajshri Agarwal and John Wang 20. Socially Responsible Pricing: Lessons from the Pricing of AIDS Drugs in Developing Countries Sushil Vachani and N. Craig Smith Index

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Book SynopsisThis book explores the regional strategy and management of Japanese MNEs in Europe. Ken-ichi Ando investigates, using case studies of the auto and pharmaceutical industries, how these companies can, and do, overcome the inherent difficulties and opportunities of trading in Europe, including the problems posed by cultural differences and geography, alongside the opportunities of expanding markets. While these companies are global players, they must increasingly be aware of, and evolve in response to, European economic integration.The strategy setting and management are influenced by company- and industry-specific factors, and some common features can be found. The locational and entry strategies are based both on the multinationals' own resources and capability, and on the changing locational conditions, while pan-European management is conducted to achieve the benefits of 'multinationality' at the regional level. The mutual relationships between the location of subsidiaries, the entry mode, and the pan-European operation are clearly shown from the detailed analysis at the company level. The impacts and limits of the EU on multinationals are also confirmed in the book, and the importance of national characteristics is suggested.Scholars and graduate students studying international business and economics, as well as European integration will find this book of great interest.Trade Review'The analysis of investment flows between Japan and Europe has received less attention than those to North America or Asia, so this book adds an important contribution to the literature. . . The book offers insights to both the specialist in Japanese investment practices and the generalist interested in better understanding business strategies. It is well written, and the arguments are presented clearly and persuasively. Clear contributions are made to the globalization/regionalization debate.' -- Paul Parker, Journal of Asian Business'I very much looked forward to reading this book. It is seldom one encounters authoritative and in-depth analyses in English of current trends in foreign direct investment (FDI) from the perspective of Japanese multinational enterprises (MNEs) operating in Europe. . . I recommend this book to all researchers (both blossoming and budding!) as a book that offers an example of doctoral-level research that began from an (in my opinion) over-ambitious premise and contributes towards filling a gap in existing research.' -- Keith Jackson, The Delta Intercultural Academy (www.dialogin.com)'Ando's well-researched comparison of Japanese automobile and pharmaceutical investment in Europe not only provides a compelling demonstration of the strategic and organizational diversity of contemporary Japanese multinationals, but illustrates the challenges faced by all multinationals by the complex and multi-faceted process of European integration.' -- Geoffrey Jones, Harvard Business School, USTable of ContentsContents: 1. Introduction 2. Literature Survey 3. Methodology 4. Preliminary Comparison between Automobile and Pharmaceutical Industries 5. Locational Patterns of European Subsidiaries 6. Entry Mode into Europe 7. Pan-European Management 8. Conclusion Bibliography Index

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Book SynopsisThis book offers an important contribution to the contemporary debate on the role of multinational enterprises (MNEs) in economic development in an increasingly globalizing, knowledge-intensive and alliance-based world economy. Each of the chapters touches upon critical issues now facing the global economy. They also address the growing importance of innovative activities of firms in promoting economic development and industrial restructuring, as well as the role of FDI and cooperative agreements in furthering this goal. Emphasis is placed on the increasingly significant role of national governments in promoting the intellectual capital of their indigenous resources and capabilities, and of inter-firm collaborative alliances. Globalization and technological advances are reconfiguring the ingredients of the competitiveness of firms and nation states. They are emphasizing the increasingly important role of both private and social institutions as determinants of the success of corporations and of the economic development of societies.Covering a range of issues from economic development, alliance capitalism, government policies, regional integration and industrial development, this authoritative book will greatly appeal to academics and economists, especially those interested in international business and management.Trade Review'This book provides an excellent overview of the changing relationship between multinationals and economic development as globalization has taken off, and substantially altered the conditions for catching up as opposed to falling behind. The authors move very effectively between the discussion of concepts that are crucial to understanding such changes, and various empirical evidence on foreign direct investment, trade, inter-firm relationships, institutional settings and competitiveness.' -- John Cantwell, Rutgers University, US'The globalisation of the world economy has undermined many of the old certainties regarding foreign direct investment flows. Dunning and Narula use the concepts of alliance capitalism and technological evolution to analyse recent trends in international business. They identify the challenges to government policymakers from regional integration, and the consequent intensification of political competition to attract high-technology investment. This masterful and incisive analysis brings great clarity to perplexing issues, and delineates a cogent industrial policy agenda for a globalised economy.' -- Mark Casson, University of Reading, UKTable of ContentsContents: 1. The Multinational Enterprise, Industrial Development and Policy: An Introduction to the Primary Themes of this Volume Part I: MNEs and Industrial Development: Issues Confronting Developing Countries 2. Developing Countries versus Multinationals in a Globalizing World: The Dangers of Falling Behind 3. Industrial Development, Globalization and Multinational Enterprises: New Realities for Developing Countries 4. Incorporating Trade into the Investment Development Path 5. Multinational Firms, Regional Integration and Globalizing Markets Part II: R&D, Alliances and Developed Countries 6. Explaining International R&D Alliances and the Role of Governments 7. Explaining Strategic R&D Alliances of European Firms 8. R&D Collaboration by ‘Stand-Alone’ SMEs: Opportunities and Limitations in the ICT Sector Part III: FDI and Competitiveness 9. Relational Assets: The New Competitive Advantages of MNEs and Countries 10. Regaining Competitiveness for Asian Enterprises 11. The Role of Foreign Direct Investment in Upgrading China’s Competitiveness Index

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Book SynopsisThis book's starting point is that after two decades of experiments, during which other transition economies have effectively privatised all of their former state enterprises, China is still endeavouring to find a way to reinvent and re-engineer its own state-owned economic establishments. The authors explore these reforms along with the problems of China's state-owned banks, which have long been troubled by the adverse loans of Chinese enterprises and face foreign competition in 2007 under China's WTO commitments. Drawing on wide-ranging case studies of enterprise reform, Becky Chiu and Mervyn Lewis combine their extensive experience to give an authoritative account of China's enterprise and bank reform agenda, involving property rights, improved corporate governance and stimulating enterprise.This book will be of great interest to business economists, academic economists and those following the development of the Chinese economy.Trade Review'This book is informative and readable. It will be of interest to anyone wanting to learn about the development of the Chinese economy in general and the reforms of state-owned enterprises in particular. The data and in-depth discussion presented in the book will appeal to academics as well as policymakers.' -- Yin-Fang Zhang, Journal of the Asia Pacific Economy'China watchers will welcome a book which provides a detailed insight into the two pillars of that economy: the state-owned enterprises (SOEs) and the state-owned banks (SOBs). This is a scholarly work, rich in detail.' -- Shelagh Heffernan, The Financial Regulator'For China to sustain her transformation requires that she tackle reform of her state-owned enterprises (SOEs) and banks. This book comprehensively assesses the scale of the problem, reviews previous reforms and suggested solutions. Finally the authors propose their own reform agenda, sensitive to Chinese realities.' -- Michael Artis, European University Institute, Italy'This is an excellent study of the nexus between the effects of party control, the soft budget of state-owned enterprise (SOEs) and the financial fragility of the state-owned banking system (SOBs) in China. It is both sympathetic and knowledgeable about the problems of achieving reform and progress. Beautifully written, it should become the most influential work in this field in the English-speaking world.' -- Charles A.E. Goodhart, London School of Economics, UKTable of ContentsContents: Foreword 1. The Nature of the Problem 2. The Background to China’s Economic Reforms 3. The Changing Role of SOEs 4. Property Rights Reform 5. Corporate Governance Reforms 6. Financial Sector Reforms 7. Solving the SOE Debt Problem 8. Early Case Studies of SOEs 9. Recent Case Studies 10. Reviewing the Evidence 11. Fostering Entrepreneurship 12. Conclusions References Index

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Book SynopsisThe changing social expectations of corporations within a globalised economic environment are challenging our traditional conception of the proper commercial function. This text delimits their emergent roles and responsibilities under international law. International Documents on Corporate Responsibility includes the principal international, regional and national instruments drafted by intergovernmental organisations or states as well as codes of conduct formulated by industry associations, trade unions and non-governmental organisations. The coverage includes the fields of human rights, international criminal and environmental law, labour standards, international trade, armed conflict, sustainable development, corruption, consumer protection and corporate governance. Each document is accompanied by a brief explanatory commentary outlining the historical origins of the instrument, the principal actors involved, controversial negotiation issues, applicable implementation procedure, and identifies further reference material. This comprehensive compilation of materials dating from the 1970s to the present day in one single readily-accessible and fully-indexed volume will be of interest to students and researchers of corporate responsibility, as well as corporate executives, government officials, legal practitioners, tertiary institutions, business associations, trade unions and NGO activists.Trade Review'In many ways, beyond being an important reference resource, the book's significance is in its very being - the fact that codes of corporate responsibility are being compiled demonstrates an acknowledgement of their value.' -- Bill Baue, SocialFunds.com'All those concerned with this debate will be extremely grateful to Stephen Tully for saving us many hours of irritation searching the web for documents that we know exist, but which remain tantalisingly unobtainable. Furthermore, he has usefully grouped the documents into sections. . . The editor's commentaries throughout the book are clear, succinct and, together with the texts, an invaluable source for an emerging area of study. I will certainly use this book both for my own research and to recommend to students.' -- Janet Dine, Journal of Business Law'Tully accompanies each document with a most useful explanatory commentary which outlines the historical origins of the instrument, the principal players, controversial negotiation issues, applicable implementation procedures and detailed additional reference materials. What we have here is an easily accessible fully indexed volume of materials dating from the 1970s which covers a very wide readership from students and academics to corporate executives, legal practitioners and government officials.' -- Phillip Taylor, The Barrister'International Documents on Corporate Responsibility is an invaluable tool for all those interested in corporate responsibility. This collection of texts - enriched by the editor's insightful commentaries - provides a unique and compelling appreciation of the depth and extent of corporate responsibilities. Practitioners will use it as a guide; scholars and activists as a reference.' -- Franck Amalric, Center for Corporate Responsibility and Sustainability, University of Zurich, SwitzerlandTable of ContentsContents: Preface Part I: International Instruments Part II: Regional Instruments Part III: National Instruments Part IV: Instruments for the International Protection of Human Rights Part V: International Labour Standards Part VI: International Environmental Standards Part VII: Sustainable Development Part VIII: Roles and Responsibilities in Zones of Conflict Part IX: International Criminal Law Part X: Corruption, Bribery and Extortion Part XI: General Business Principles Part XII: Additional Instruments Part XIII: Reporting and Accounting Initiatives Index

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Book SynopsisIn this, his final book, Gavin Boyd has brought together a distinguished group of experts on the nature and extent of transatlantic policy coordination and its implication for corporate strategy. This remarkably relevant set of papers offers a discussion on the economic and financial linkage between Europe and North America, as well as the trade and investment rules governing this interaction.The complexities of the transatlantic relationship are analyzed in chapters dealing with: financial integration, transfer of knowledge and technology, transatlantic trade and corporate partnership, transatlantic trade and investment links, simultaneous intra-regional as well as transatlantic trade and the implications for antitrust policy of the activities of multinational enterprises, structural positioning and macroeconomic policy coordination, international interdependence and the role of entrepreneurship, and the reform of international financial markets.Exploring growing transatlantic trade and investment linkages within their institutional contexts, this timely book will be invaluable to academics and researchers with an interest in international business and international economics. Practicing trade lawyers and policymakers will also find the book to be a fascinating read.Table of ContentsContents: Foreword Preface 1. The Role of Financial Markets in Economic Performance: The EU and the USA 2. Atlantic Interdependent Knowledge-Based Economies 3. Atlantic Commerce 4. Structural Potentials in Atlantic Trade: Measuring the Impact of a US–Europe Free Trade Agreement 5. The Regional Dimension of Multinational Enterprises and Antitrust Policy 6. Interregional Integration: Collective Management Tasks 7. Concerting Entrepreneurship: An International Public Good 8. Institutionalizing Atlantic Structural Partnering 9. The Development and Structure of Financial Markets in the European–American Economy Index

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Book SynopsisIn Governance, Multinationals and Growth, leading scholars celebrate and build upon the pioneering work of Edward Safarian on multinational enterprises and foreign direct investment. The book explores the linkages among multinationals and foreign direct investment, corporate and public governance, and economic growth. The contributors pay particular attention to emerging policy issues that include the behavior of individual governments, intergovernmental organizations and civil society. In addition, they address linkages among MNEs, their governance and economic growth, and generic policy realities (and innovations) in a small-to-medium-sized economy. The comprehensive coverage includes discussion of: the impacts of foreign ownership on productivity and growth; family controlled pyramidal groups and economic nationalism; trade liberalization, product diversification and FDI patterns; mergers and acquisitions as a form of FDI; uncertain market access, risk aversion and state subsidies as locational determinants within a free trade area; changes in the international policy environment facing multinationals; environmental investor-state disputes; and international economic policy issues facing small economies with large neighbors.This authoritative volume will be of great interest to scholars and students of foreign direct investment and multinational enterprises, as well as to government economists and policymakers tackling these issues.Table of ContentsContents: Foreword by Peter J. Buckley Part I: Introduction 1. Introduction and Overview 2. How to Thrive in an International Economy Part II: Corporate Governance, Multinationals and Growth 3. Continental Integration and Foreign Ownership of Canadian Industry: A Retrospective Analysis 4. Who Owns Whom? Economic Nationalism and Family Controlled Pyramidal Groups in Canada 5. Assessing International Mergers and Acquisitions as a Mode of Foreign Direct Investment 6. Foreign Ownership and Total Factor Productivity Part III: Free Trade, Multinationals and Growth 7. Factor Price Differences and Multinational Activity 8. FDI in an FTA with Uncertain Market Access 9. How do Regional Trade Agreements Affect Intra-Regional and Inter-Regional FDI? 10. Responses to Trade Liberalization: Changes in Product Diversification in Foreign- and Domestic-Controlled Plants Part IV: Public Governance, Multinationals and Growth 11. FDI and the International Policy Environment: Back to the Future? Not Quite! 12. Economic Issues Raised by NAFTA Chapter 11 Investor-to-State Dispute Settlement Cases Having Environmental Implications 13. Location Incentives and Inter-state Competition for FDI: Bidding Wars in the Automotive Industry 14. Policy Roundtable: Life as Neighbor to an Economic Giant – Issues and Options Part V: Conclusions 15. Issues on Governance, Multinationals and Growth: Thoughts on Method, Policy and Research Suggested by the Festschrift Papers Index

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Book SynopsisTerutomo Ozawa examines Japan's once celebrated post-war economic success from a new perspective. He applies a 'flying geese' model of industrial upgrading in a country that is still catching-up, to explore the rise, fall and rebound of Japanese industry with its evolving institutions and policies. The book brings together and expands upon theories developed in the author's work over many years, using them as building blocks for his flying geese model. Concepts explored include: economics of hierarchical concatenation, increasing factor incongruity, comparative advantage (or market) recycling the Ricardo-Hicksian trap of industrial production, Smithian growth elan, triumvirate pro-trade structural transformation knowledge creation versus knowledge diversion, the price-knowledge/industry-flow mechanism 'a la David Hume' he syndrome of institutional incongruity, and socially justifiable moral hazard versus degenerative moral hazard. The dynamic process of industrial upgrading is analysed in detail, and important lessons for both developing and transition economies are highlighted. This fascinating book will attract a wide-ranging readership, encompassing practitioners and academics interested in international business, economic development, trade, and political science. In addition, sociologists focussing on business and industry, and researchers on, and policymakers in, developing and transition economies will also find this book of immense interest.Trade Review'. . . the book reviewed here will trigger a further interest in this area of research, and will invite more researchers to seek empirical evidence in the study of post-war industrial growth in Japan.' -- Hiroshi Ohashi, Journal of the Japanese and International Economies'This book provides a theoretically informed and empirically illustrative account of modern Japanese industrialization. Ozawa's translation of classical political economy to the Japanese context is both original and accessible and is a welcome addition to the literature on the Japanese variety of capitalism.' -- Tim Reiffenstein, Pacific Affairs'Ozawa succeeds in extending, building up, and joining the Akamatsu-Kojima lineage of this unique Japan-born theory of economic development from a fresh, unconventional, and discerning perspective.' -- From the foreword by Kiyoshi KojimaTable of ContentsContents: Foreword by Kiyoshi Kojima Preface Part I: Post-WWII Growth Clustering and Japan as a Second Goose 1. Hegemon-Led Growth Clustering and the Flying-Geese Paradigm of Catch-up Growth Part II: Out of, and Beyond, the Limit of Borrowed Knowledge and Home-Spun Goods 2. Labor-Driven Stage – and Logic – of Reconstruction 3. Scale-Driven Stage – and Logic – of Modernizing Heavy and Chemical Industries: A High Growth Period 4. Assembly-Driven Stage – and Logic – of Industrial Upgrading 5. Knowledge-Driven Stage – and Logic – of Catch-up Growth 6. IT-Driven Stage – and Logic – of New Growth 7. Analytics and Stylized Features of Structural Transformation: Additional Theoretical Expositions Part III: Changes in Institutions and Industrial Organization: Toward the Reform-Driven, M&A-Active Period of Growth 8. Network Capitalism: Industrial Organization in Evolution 9. Out of an Institutional Quagmire? International Business to the Rescue Bibliography Index

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Book SynopsisThis is the first comprehensive informational database of the major political, economic and legal issues that organisations world-wide need to know about in order to do business in Russia and surrounding countries. The text summarises the major economic developments in this dynamic region, provides accurate and up to date sources on business legislation, and gives crucial practical advice to business people and foreign investors. Using local as well as international sources, each country text provides detailed information on: Best business opportunities and sectors; Legal issues relevant to trade and business activities, including franchising; Information on investment laws, the judiciary, labor law, taxation, IPR laws, currency and banking, and business partnership opportunities; Contact details of government offices, business associations, calendars of business events, etc. While the Energy sector holds a global significance and tops the international business communities' investment priorities, especially in Russia and Kazakhstan, economic dynamism has been demonstrated over the last decade in all these countries, and there are substantial business opportunities in all economic sectors. Written by an Economics Analyst with a proven track record in providing business information, and a Corporate Lawyer with extensive experience of engaging at contractual level with business and government organisations in these countries, this book is essential reading for all those involved in Legal, Business, Investment and Political decision-making.Table of ContentsInvesting in Russia; Investing in Ukraine; investing in Latvia; Investing in Lithuania; Investing in Kazakhstan; Index.

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Book SynopsisThis book makes a rare - but often advocated - contribution to research in entrepreneurship and international business by providing a richly contextualised longitudinal case study of the growth and internationalisation of a cluster of small firms over more than 20 years.Sara McGaughey presents a vivid, ethnographically-inspired narrative using creative forms of writing - including diary extracts, dramas, personal narratives and a cartoon - that draws the reader into the world experienced by the entrepreneurs, and conveys the unfolding context of the research process itself. The author interprets key events and activities such as export market choice, institutional entrepreneurship and portfolio activities in international new venturing through the lens of legitimacy and legitimation processes. The rich empirical and methodological contextualisation invites all readers to reinterpret these events and activities using their own diverse perspectives.This unique book will strongly appeal to practitioners and scholars of international entrepreneurship, international business, business history and organisation studies, as well as those interested in research methods used in these fields.Trade Review'Narratives of Internationalisation is a business book for anyone who has carried out a case study research project or is planning to do so in the future. . . If one will explore this book with a mindset that will allow them to venture into the narrative and become a part of McGaughey's writing, an entirely new experience will be afforded to that reader as they become a party to the entrepreneurial activities being shared with them.' -- Jim Dever, International Small Business JournalTable of ContentsContents: Preface Part I: Introduction 1. Conversations in SME Internationalisation 2. Approach to Inquiry 3. Method as Experienced Part II: A A Tale of Growth and Internationalisation 4. A Tale of Growth and Internationalisation 5. Episode 10: The GLT Group (June–November 1996) 6. Episode 1: The Start of It (1975 and Before) 7. Episode 2: Born Global (1976–1982) 8. Organisational Legitimacy and Internationalisation 9. Episode 3: Forays in Mini-hydros (1979–1986) 10. Episode 4: Controlling Destiny (June 1982–May 1986) 11. Episode 5: The Marshalling of Forces (June–November 1986) 12. Episode 6: The Dynasphere (December 1985–June 1991) 13. Standards and Institutional Entrepreneurship 14. Episode 7: Forays into Software (May 1986–June 1988) 15. Episode 8: Demise of Alliances and FDI (July 1988–April 1991) 16. Episode 9: Of Elephants (April 1991–July 1994) 17. Portfolio Entrepreneurship 18. Episode 11: Responses to the Takeover Threat (October 1996–February 1997) 19. Episode 12: Vision of the Octopus (March–May 1997) 20. New Directions Appendices References Index

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