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Author: Vivienne W L Wang Publisher: Springer Science & Business Media ISBN: 1461412757 Category : Business & Economics Languages : en Pages : 141
Book Description
Since the pioneering work of Joseph Schumpeter (1942), it has been assumed that innovations typically play a key role in firms’ competitiveness. This assumption has been applied to firms in both developed and developing countries. However, the innovative capacities and business environments of firms in developing countries are fundamentally different from those in developed countries. It stands to reason that innovation and competitiveness models based on developed countries may not apply to developing countries. In this volume, Vivienne Wang and Elias G. Carayannis apply both theoretical approaches and empirical analysis to explore the dynamics of innovation in developing countries, with a particular emphasis on R&D in manufacturing firms. In so doing, they present an alternative to Michael Porter’s Competitive Advantage Model—a Competitive Position Model that focuses on incremental and adaptive innovations that are more appropriate than radical innovations for developing countries. Their research addresses such questions as: Do innovations advance the competitive positions of manufacturing firms in developing countries? Does the pace of innovation matter, in particular, in socio-economic and socio-political contexts? To what degree can national innovation systems and policies influence development? To what extent do a firm’s innovation commitments correlate with the protection of intellectual property rights? What roles do foreign direct investment and relationships with clusters and networks play? The resulting analysis not only challenges traditional theoretical approaches to innovation, but provides suggestions for improving business practice and policymaking.
Author: Vivienne W L Wang Publisher: Springer Science & Business Media ISBN: 1461412757 Category : Business & Economics Languages : en Pages : 141
Book Description
Since the pioneering work of Joseph Schumpeter (1942), it has been assumed that innovations typically play a key role in firms’ competitiveness. This assumption has been applied to firms in both developed and developing countries. However, the innovative capacities and business environments of firms in developing countries are fundamentally different from those in developed countries. It stands to reason that innovation and competitiveness models based on developed countries may not apply to developing countries. In this volume, Vivienne Wang and Elias G. Carayannis apply both theoretical approaches and empirical analysis to explore the dynamics of innovation in developing countries, with a particular emphasis on R&D in manufacturing firms. In so doing, they present an alternative to Michael Porter’s Competitive Advantage Model—a Competitive Position Model that focuses on incremental and adaptive innovations that are more appropriate than radical innovations for developing countries. Their research addresses such questions as: Do innovations advance the competitive positions of manufacturing firms in developing countries? Does the pace of innovation matter, in particular, in socio-economic and socio-political contexts? To what degree can national innovation systems and policies influence development? To what extent do a firm’s innovation commitments correlate with the protection of intellectual property rights? What roles do foreign direct investment and relationships with clusters and networks play? The resulting analysis not only challenges traditional theoretical approaches to innovation, but provides suggestions for improving business practice and policymaking.
Author: Hasan Dincer Publisher: Springer Nature ISBN: 3030722880 Category : Business & Economics Languages : en Pages : 406
Book Description
Competition is present for almost every sector nowadays. Therefore, it is vital for companies to develop a set of strategies in order to survive in the competitive environment of a globalized world. This book discusses how and why not every strategy is appropriate for every sector. The volume offers a qualified and comprehensive analysis to determine effective competitive strategies taking into account the many different factors that affect company performance.
Author: Andrea Ciani Publisher: World Bank Publications ISBN: 1464815585 Category : Business & Economics Languages : en Pages : 178
Book Description
Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.
Author: Ganeshan Wignaraja Publisher: Routledge ISBN: 1134585454 Category : Business & Economics Languages : en Pages : 321
Book Description
Globalization and structural adjustment offer many opportunities for export orientated industrialization in developing economies. As a group, competitiveness in the developing countries has improved, but, while East Asian economies have had rapid export growth and technological upgrades, South Asian and African economies have lagged behind. Old structures, institutions, behavioural patterns and public policies are ill-adapted to deal with the challenges posed by technological change and economic liberalization. Consequently there is an urgent need for change in government and private sector attitudes and strategies. This volume seeks to generalise the lessons across developing country and enterprise cases, and sheds light on which trade and industrial strategies and instruments work best, and which do not work, in relation to manufacturing competitiveness.
Author: Riad A. Ajami Publisher: Routledge ISBN: 1351375601 Category : Business & Economics Languages : en Pages : 239
Book Description
Globalization has been under extreme pressure in the wake of the financial crisis. Multinational firms are weighing the costs and benefits of international scale and scope, and are increasingly under pressure to hire local, to source local, and to pay taxes domestically. At the same time global competitive pressures have intensified. This book reviews international business practices from the multinational firm perspective, and provides pathways forward concerning competitiveness and sustainability in global markets. What sets this book apart from others is that the benefits and pitfalls of globalization are addressed. Chapter coverage focuses on the functional areas of the business and how they are impacted by international expansion. Practical case studies supplement chapter coverage and highlight both positive and negative developments in the global business arena. Readers should expect to be challenged on what will be the limits of the multinational firm in the future, and how multinational firms can continue to prosper while at the same time adhere to sustainable business initiatives. Equally useful to both undergraduate and graduate students of international business as well as professional development programs, Global Business: Competitiveness and Sustainability provides a necessary tonic for dealing with today’s troubled seas of globalization.
Author: Lynn Krieger Mytelka Publisher: OECD Publishing ISBN: Category : Business & Economics Languages : en Pages : 226
Book Description
Annotation In developing countries and emerging economies, traditional industrial practices can be linked to policy changes which foster innovation, but can equally result in stagnation if the policy/practice mix is wrong. These case studies -- from Brazil, Chinese Taipei, India and Korea -- demonstrate that where industrial habits tend to reduce competitiveness, policies can make a difference. The book opens a fresh debate on the industrial policies developing countries need to adopt to compete and grow in a globalized economic environment.
Author: Raj Nallari Publisher: World Bank Publications ISBN: 1464800499 Category : Business & Economics Languages : en Pages : 150
Book Description
Competition, competitiveness, innovation and growth are inherently linked. This book covers the main ideas underlying competitiveness and its applications, drawing lessons for developing economies and relevant policy recommendations.
Author: Krieger Mytelka Lynn Publisher: OECD Publishing ISBN: 9264173323 Category : Languages : en Pages : 217
Book Description
This book therefore opens a fresh debate on the industrial policies which developing countries need to adopt in order to compete and grow in a globalised economic environment.
Author: Publisher: Sterling Publishers Pvt. Ltd ISBN: 9788120732551 Category : Business & Economics Languages : en Pages : 304
Book Description
The Pace of India's development depends to a large extent on its ability to implement the latest global manufacturing and the information and communication technologies and increase its competitiveness in the international market. In the developing countries world-wide, in recent times, the Pace of India's development depends to a large extent on its ability to implement the latest global manufacturing and the information and communication technologies and increase its competitiveness in the international market. In the developing countries world-wide, in recent times, manufacturing is taking over agriculture which in turn has led to the explosive growth of the service sector, especially in the fields of financial services, information and communication technologies, insurance, education and health. Indias service sector has already become the dominant contributor to GDP, accounting for 46 per cent of the total. Based on the information gathered from case studies, fact sheets and a range of self-assessment tools, and the authors interaction with academicians, bureaucrats, business executives and industrial experts, this book attempts to bring together the best management practices and provides the readers with a toolkit a practical advice. This book projects the hypothesis that no matter what the size or industry sector a company belongs to, there are a few tactics towards successful management which if adopted can phenomenally improve its global competitiveness.
Author: Fidelis Ezeala-Harrison Publisher: Bloomsbury Publishing USA ISBN: 0313028427 Category : Political Science Languages : en Pages : 240
Book Description
How a country competes in the world is the crucial factor in determining that country's ability to benefit from international trade in today's global economy. This book offers a complete and proper understanding of the meaning of international competitiveness, analyzes the implications it holds for an economy's progress, examines how it may be pursued and sustained at both the sectoral level (firms and industries) and the national level (strategic objectives). The author offers pertinent policy guidelines and prescriptions for how a nation can achieve and maintain international competitiveness in order to sustain the long-term prosperity of its industries, and hence the overall pace of economic growth. The book is arranged into three parts. Part I discusses and defines the theories of international competitiveness. Part II deals with policy issues, specifically the policy analysis of structural reforms for promoting a country's ability to compete, the impact of globalization and the role of Communication and Information Technology (CIT), strategic trade policies, and environmental issues. Part III analyzes the strategies used to pursue competitiveness. The book will be useful for researchers, students, and teachers of business and economics as well as policy makers, business practitioners, and international and governmental agencies.
Author: Vivienne W L Wang
Author: Vivienne W L Wang
Author: Hasan Dincer
Author: Andrea Ciani
Author: Ganeshan Wignaraja
Author: Riad A. Ajami
Author: Lynn Krieger Mytelka
Author: Raj Nallari
Author: Krieger Mytelka Lynn
Author: 
Author: Fidelis Ezeala-Harrison