Voyevodins' Library _ "International Business: Competing in the Global Marketplace" / Charles W.L. Hill ... Chapter 12 ... legal risk, legal system, Leontief paradox, letter of credit, licensing, local content requirement, location economies, location-specific advantages, logistics, Maastricht Treaty, maker, managed-float system, management networks, market economy, market imperfections, market makers, market power, market segmentation, marketing mix, masculinity versus femininity, mass customization, materials management, mercantilism, MERCOSUR, minimum efficient scale, MITI, mixed economy, money management, Moore's Law, moral hazard, mores, multidomestic strategy, Multilateral Agreement on Investment (MAI), multilateral netting, multinational enterprise (MNE), multipoint competition, multipoint pricing, new trade theory, nonconvertible currency, norms, North American Free Trade Agreement (NAFTA), oligopoly, Organization for Economic Cooperation and Development (OECD), outflows of FDI, output controls, Paris Convention for the Protection of Industrial Property Voevodin's Library: legal risk, legal system, Leontief paradox, letter of credit, licensing, local content requirement, location economies, location-specific advantages, logistics, Maastricht Treaty, maker, managed-float system, management networks, market economy, market imperfections, market makers, market power, market segmentation, marketing mix, masculinity versus femininity, mass customization, materials management, mercantilism, MERCOSUR, minimum efficient scale, MITI, mixed economy, money management, Moore's Law, moral hazard, mores, multidomestic strategy, Multilateral Agreement on Investment (MAI), multilateral netting, multinational enterprise (MNE), multipoint competition, multipoint pricing, new trade theory, nonconvertible currency, norms, North American Free Trade Agreement (NAFTA), oligopoly, Organization for Economic Cooperation and Development (OECD), outflows of FDI, output controls, Paris Convention for the Protection of Industrial Property


 Voyevodins' Library ... Main page    "International Business: Competing in the Global Marketplace" / Charles W.L. Hill ... Contents



Texts belong to their owners and are placed on a site for acquaintance.

Chapter 12 Outline

Notes

  1. M. E. Porter, Competitive Strategy (New York: Free Press, 1980).

  2. M. E. Porter, Competitive Advantage (New York: Free Press, 1985).

  3. Empirical evidence seems to indicate that, on average, international expansion is linked to greater firm profitability. For some recent examples, see M. A. Hitt, R. E. Hoskisson, and H. Kim, "International Diversification, Effects on Innovation and Firm Performance," Academy of Management Journal 40, no. 4 (1997), pp. 767 - 98; and S. Tallman and J. Li, "Effects of International Diversity and Product Diversity on the Performance of Multinational Firms," Academy of Management Journal 39, no. 1 (1996), pp. 179 - 96.

  4. This concept has been popularized by G. Hamel and C. K. Prahalad, Competing for the Future (Boston: Harvard Business School Press, 1994). The concept is grounded in the resource-based view of the firm. For a summary, see J. B. Barney, "Firm Resources and Sustained Competitive Advantage," Journal of Management 17 (1991), pp. 99 - 120; and K. R. Conner, "A Historical Comparison of Resource Based Theory and Five Schools of Thought within Industrial Organization Economics: Do We Have a New Theory of the Firm?" Journal of Management 17 (1991), pp. 121 - 54.

  5. J. P. Woomack, D. T. Jones, and D. Roos, The Machine that Changed the World (New York: Rawson Associates, 1990).

  6. M. E. Porter, The Competitive Advantage of Nations (New York: Free Press, 1990).

  7. R. B. Reich, The Work of Nations (New York: Alfred A. Knopf, 1991).

  8. G. Hall and S. Howell, "The Experience Curve from an Economist's Perspective," Strategic Management Journal 6 (1985), pp. 197 - 212.

  9. A. A. Alchain, "Reliability of Progress Curves in Airframe Production," Econometrica 31 (1963), pp. 697 - 93.

  10. Hall and Howell, "The Experience Curve from an Economist's Perspective."

  11. For a full discussion of the source of scale economies, see D. Besanko, D. Dranove, and M. Shanley, Economics of Strategy (New York, Wiley, 1996).

  12. J. Main, "How to Go Global--and Why," Fortune, August 28, 1989, pp. 70 - 76.

  13. "Matsushita Electrical Industrial in 1987," in Transnational Management, ed. C. A. Bartlett and S. Ghoshal (Homewood, IL: Richard D. Irwin, 1992).

  14. C. K. Prahalad and Yves L. Doz, The Multinational Mission: Balancing Local Demands and Global Vision (New York: Free Press, 1987). Prahalad and Doz actually talk about local responsiveness rather than local customization.

  15. "The Tire Industry's Costly Obsession with Size," The Economist, June 8, 1993, pp. 65 - 66.

  16. T. Levitt, "The Globalization of Markets," Harvard Business Review, May - June, 1983, pp. 92 - 102.

  17. C. A. Bartlett and S. Ghoshal, Managing across Borders (Boston: Harvard Business School Press, 1989).

  18. C. J. Chipello, "Local Presence Is Key to European Deals," The Wall Street Journal, June 30, 1998, p. A15.

  19. This section is based on Bartlett and Ghoshal, Managing across Borders.

  20. Bartlett and Ghoshal, Managing across Borders.

  21. See P. Marsh and S. Wagstyle, "The Hungry Caterpillar," Financial Times, December 2, 1997, p. 22, and T. Hout, M. E. Porter, and E. Rudden, "How Global Firms Win Out," Harvard Business Review, September - October 1982, pp. 98 - 108.

  22. Guy de Jonquieres, "Unilever Adopts a Clean Sheet Approach," Financial Times, October 21, 1991, p. 13.
<< Sweden's IKEA
Chapter 13 Outline >>