1,720,987 research outputs found
MEDIUM SIZE MULTINATIONAL FIRMS INTERNATIONALIZATION STRATEGIES: WHEN SIZE MATTERS IN CHINESE MARKETS
Get PDFThis paper illustrates a framework and empirical results of an investigation to understand how and why MMNEs (Medium-size Multinational Enterprise) internationalization strategies deviate from the more established strategies of multinational and global companies (MNEs). We study a sample of Italian MMNEs, analyzing the strategic and governance models adopted in Chinese businesses and markets and the relationship between the headquarters and the overseas branches in China. The qualitative analysis complies with the research requirement to collect evidences on a precise point in time (2012) and over a more extended period of time (time of entry in China).
This paper investigates the specificities of medium size international firms focusing on two particular factors: “mirroring effects” and “acquainted markets”. The “mirroring effects” refer to the adaptation process and in the our sample, the governance forms are strongly affected by the following features: first, the size does not fit the potential or actual dimension of market (size factor); Second, the “acquainted markets” decreases the difficulties to access to the countries’ markets.
Our results show that MMNEs are prone to mirror home and existing organizational forms. They tend to replicate their existing business models to enter into “informed” and “experienced” markets. Our study explains the international strategies of MMNEs leveraging the capabilities to replicate organizational and business models, and availability of accustomed and informed markets. It follows that most successful MMNEs tend to implement a second mover strategy in Chinese markets. This paper contributes to the international management studies with the following results: i. Observations of the managerial paradoxes of SMEs in large markets and how MMNEs are emerging as a critical player in the global economic scenario; ii. Development of a framework tested on preliminary evidences, fostering the interest on “size paradigm” in international competition
When Size Does Matter. Trends of SMEs Internationalization Strategies in Chinese Economy
No full textThe strategies of internationalization have been one of hottest topics in man- agerial literature in the last decade. Interestingly to notice how deep and unexpected changes have challenged the mainstream of international management theories. This pa- per illustrates a framework and some preliminary results aim to comprehend how and why MMNEs (Medium-size Multinational Entreprise) internationalization strategies devi- ate from the more established strategies of multinational and global companies (MNC). We study a sample of Italian SMEs, analyzing the strategy choice and the governance models adopted in China businesses. Qualitative analysis highlights both the feasibility and sus- tainability of governance models (criteria and components) and forms (model execution and implementation). This paper investigates the specificities of SMEs: The adaptation process and, in some cases, the innovative governance forms analyzed in our sample of cases (de- scribed in the paper) are strongly a↵ected by the following factors: first, the size does not fit the potential or actual dimension of market (size factor); Second, increasing diculties to access to the countries? institutional externalities and strong reliance on the eciency of markets in order to purchase product and services which they can not internalize (make or buy factor);. Third, negative e↵ects of size preventing to reach arrangements with local and national government (government and local shareholders factor); Fourth, being part of the supply chain of larger firms (MNC) is a common entry mode in Chinese market. Last factor refers to the lack of resources (human, market and relational capital)
Medium Size Multinational Firms Internationalization Strategies in China
No full textThe main theme of the book is the globalisation of Chinaâs markets and Chinese business management in the context of ongoing reform at home and the countryâs growing global economic role. The Globalisation of Chinese Business includes contributions relating to a wide range of manufacturing and service sectors, encompassing such areas as foreign investment, state and private enterprise, human resource management, consumer culture and advertising, financial markets and healthcare. Following an introduction by the editor there are four sections, the first focused on the globalisation of Chinese management and the second on the evolution of Chinese management. The remaining sections contain chapters on Chinaâs growing service sector, growing markets and competition, and healthcare system reform. An epilogue by the editor in the remaining section concludes
Going Beyond Counting First Authors in Author Co-citation Analysis
Get PDFThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Internationalization of Middle Size Multinational Enterprises in Chinese Markets: Mirroring Back Effects
No full textIn this paper, we study the internationalization strategies of Middle Size Multinational Enterprises (MMNE) in Chinese markets, being quite different from the strategies used by the large multinational companies. The new phenomenon regards the distance that exists between the size of the company (small) and the size of the market (large). The hypothesis is that in the internationalization strategy of Medium size Multinational Enterprises (MMNEs) there could be a circular innovation process leading to innovation. The company can reach a mirroring back phase by mean of which it can innovate the home market business model. Entering culturally distant and large markets
can help the company to increase its strategic innovation rate. Three case studies have been used in order to analyze the internationalization process of MMNEs, concerning three Italian companies acting on the Chinese market
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