11,276 research outputs found
The Multinational Enterprise and the Emergence of the Global Factory
No full textThe Multinational Enterprise and the Emergence of the Global Factory brings together research papers authored by Peter J. Buckley, focusing on three of the most important empirical and theoretical issues in the global economy: the rise of the 'global factory'; the growth of FDI from emerging economies; recent developments in the theory of IB
Murder on the mountain: author talk with Peter J. Wosh
No full textAuthor talk by Peter J. Wosh on May 5th, 2022, on his book, "Murder on the Mountain: crime, passion, and punishment in gilded age New Jersey.
Firm Configuration and Internationalisation: A Model
No full textThe ‘economic school’ of thought has been tremendously influential in International Business (IB) research. Scholars adhering to this school (e.g., Anderson and Gatignon, 1986; Buckley and Casson, 1976; Dunning, 1977, 1988; Hennart, 1993; Hirsch, 1976; Rugman, 1981, 1986) focus on the advantages gained from internalising the firm’s foreign activities during its international expansion. Internalisation enables the firm to minimise the cost of economic transactions by better exploiting underutilised firm-specific capabilities (e.g., managerial skills and technology), which are superior to those of indigenous competitors
The impact of inward foreign direct investment on the nature and intensity of Chinese manufacturing exports
No full textThe contribution of transnational corporations (TNCs) to exports from developing countries has long been a point of debate. Host countries often complain that TNCs export too little, and the findings in some studies support these arguments. For example, Lall and Mohammad (1983) found that TNCs performed rather poorly in generating exports from India. However, other empirical studies have suggested the opposite, showing that inward foreign direct investment (FDI) was export-oriented and raised the level of exports from host economies (O’Sullivan, 1993; Blake and Pain, 1994; Cabrai, 1995). Research on the role of inward FDI in improving Chinese export performance has been a more recent addition to the literature. Many studies found evidence of a generally positive and significant role for inward FDI in promoting the expansion of Chinese exports (Buckley, Clegg and Wang, 2002; Sun, 1999, 2001; Zhang and Song, 2000)
China’s Inward Foreign Direct Investment Success: Southeast Asia in the Shadow of the Dragon
No full textA key aspect of the success of globalisation is the emergence of the People’s Republic of China as a major player in the world economy. This paper explores not only the success of China as a location for foreign direct investment (FDI) but also examines some negative externalities of this success for neighbouring countries of Southeast Asia, in particular those of the Association of South East Asian Nations (ASEAN).1 Much has been written on the character of inward FDI to China (Child and Lu, 1996; Wei and Liu, 2001) and, particularly following its accession to the World Trade Organisation (WTO) in December 2001, the determinants of FDI and its effect on the domestic economy, in terms of, for example, growth (Buckley, Clegg, Wang and Cross, 2002) and productivity (Liu, Parker, Vaidya and Wei, 2001). Other work assesses the implications of China’s WTO accession for world merchandise trade flows (e.g., Lardy, 2002; Ianchovichina, Martin and Fukase, 2000; Ianchovichina and Martin, 2001). However, with the notable exception of a report by the ASEAN-China Expert Group on Economic Cooperation (ACEGEC, 2001), much less has been written on how multinational enterprises (MNEs) might adjust investment strategies in response to opportunities arising from China’s deepening integration into the global economic system post-WTO and what the consequences of this might be for developing countries like those of Southeast Asia as FDI recipients
Introduction
No full textThis volume of my collected papers from 2005–8 continues my interest in the theory of international business (Section I) and policies towards foreign direct investment (FDI) (Section IV) but has a major concentration on China, both as regards outward foreign direct investment (OFDI) from China (Section II) and FDI in China (Section III). My research on China has been facilitated by working with colleagues in the Centre for International Business, University of Leeds (CIBUL) and by CIBUL’s participation in the White Rose East Asia Centre (WREAC), a collaboration with the East Asian Studies Department of the University of Leeds and with the University of Sheffield. China has become such an important element of the global economy that its influence cannot be ignored in almost any field of endeavour. The phenomenal impact of FDI in China and its (largely trade-related) consequences has been well documented and now there is a significant literature on the phenomenon of outward investment from China too
[Ressenya] Buckley, Peter J. y Ghauri, Pervez (eds.). The Internationalization of the Firm. Londres: Academic Press, 1993, 371 p
No full textRessenya del llibre de Peter J. Buckley i Pervez N. Ghauri (editors), 'The Internationalization of the Firm', publicat per Academic Press l'any 199
International Integration and Coordination in the Global Factory
No full textThe new institutional form known as “the global factory” is the key to understanding changes in the configuration of the world economy.The evolution of the global factory requires managers to act as orchestrators orco-ordinators across the system of globally inter-connected firms. Managerialstyles need to accommodate these changes.Integration and coordination in the global factory are critical success factors.Control of information is central to these roles. Location and control are stillkey variables but extra degrees of freedom in location of activities and nonownership forms of control are increasing in importance
Twenty Years of the World Investment Report: Retrospect and Prospects
No full textThis paper reviews successive editions of the World Investment Reports (WIR) from UNCTC and then UNCTAD over the period 1991–2010. The 20 WIRs present an excellent overview of changing perspectives of key aspects of interaction between transnational corporations (TNCs) and development. Successive WIRs have reflected and have helped to create paradigm shifts in our understanding of the complex relationships between TNCs and development. A number of WIRs have helped the academic and business communities to focus on particular aspects of TNC activity, types of TNC or emerging phenomena in the global economy. Their continuing re-evaluation of the development impact of changing TNC structures, strategies and modes of operation has helped to shape the intellectual landscape and policy prescription towards TNCs. Through the WIR, UNCTAD has been able to influence policy towards TNCs and development in many domains, many host and source countries and at the international level. The content of the 20 WIRs represents a considerable intellectual achievement
The Principle of Congruity in the Analysis of International Business Cooperation.
No full textThis study investigates an under-researched topic: individual-to-individual or team-to-team interac- tions during the alliance pre-formation phase. We develop a general theory based on the principle of congruity for understanding the micro-dynamics of the alliance formation process. The attitudes of each party in an alliance towards their prospective partner depend on the level of mismatch between their initial evaluations of the contributions of each partner, and on their wish intensity and speed to reach congruity. The impact of different managerial cultural backgrounds (special theory) and mind-sets (special theory application) are theorised. Further applications are considered and all are presented as testable propositions.</p
- …
