Author: Stephen Ross YeaplePublisher:
ISBN:
Category :
Languages : en
Pages : 35
Book Description
Scale, Scope, and Tne International Expansion Strategies of Multiproduct Firms
Author: Stephen Ross YeapleScale, Scope, and the International Expansion Strategies of Multiproduct Firms
Author: Stephen R. YeaplePublisher:
ISBN:
Category : Economics
Languages : en
Pages : 0
Book Description
A growing literature seeks to understand how the characteristics of firms shape the manner in which they serve foreign markets. We consider an environment in which multiproduct firms can sell their products in multiple countries from multiple locations. We show that there are strong empirical regularities in the expansion strategies of U.S. multinational firms and that simple extensions of standard models do not explain these regularities. We augment these models by introducing a framework in which organizational capital is a scarce input within the firm that has to be allocated to particular products and production locations and show that the standard model, so amended, is consistent with the data. We then use the model to analyze the productivity effect of changes in international frictions both within and across firms.
Scale, Scope, and the International Expansion Strategies of Multiproduct Firms
Author: Stephen Ross YeaplePublisher:
ISBN:
Category : Economics
Languages : en
Pages :
Book Description
A growing literature seeks to understand how the characteristics of firms shape the manner in which they serve foreign markets. We consider an environment in which multiproduct firms can sell their products in multiple countries from multiple locations. We show that there are strong empirical regularities in the expansion strategies of U.S. multinational firms and that simple extensions of standard models do not explain these regularities. We augment these models by introducing a framework in which organizational capital is a scarce input within the firm that has to be allocated to particular products and production locations and show that the standard model, so amended, is consistent with the data. We then use the model to analyze the productivity effect of changes in international frictions both within and across firms.
Global Brands
Author: Teresa da Silva LopesPublisher: Cambridge University Press
ISBN: 1139463713
Category : History
Languages : en
Pages : 348
Book Description
In a world focused on science and new technology, brands help to explain why several of the world's multinational corporations have little to do with either. Rather they are old firms with little critical investment in patents or copyrights. For these firms, the critical intellectual property is trademarks. Global Brands, first published in 2007, explains how the world's largest multinationals in alcoholic beverages achieved global leadership; considers the predominant corporate governance structures for such firms; and looks at why these firms form alliances with direct competitors. Brands also determine the waves of mergers and acquisitions in the beverage industry. Global Brands contrasts with existing studies by providing a new dimension to the literature on the growth of multinationals through the focus on brands, using an institutional and evolutionary approach based on original and published sources about the industry and the firms.
International Strategies of Multiproduct Firms
Author: David ByrnePublisher:
ISBN:
Category : Multiproduct firms
Languages : en
Pages : 106
Book Description
Making It Big
Author: Andrea CianiPublisher: 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.
Multiproduct Firms and Product Scope Adjustment in Trade
Author: John LoprestiPublisher:
ISBN:
Category :
Languages : en
Pages : 53
Book Description
A recent theoretical literature has emphasized the importance of multiproduct firms in trade. However, models within this literature have reached contradictory conclusions regarding the product-level response of firms to changes in trade costs. This paper attempts to resolve these contradictions by employing Bayesian techniques to estimate the product portfolio response throughout the distribution of U.S. firms following the Canada-US Free Trade Agreement of 1989. I find evidence of a differential response among firms that are heterogeneous in terms of their involvement in foreign markets. Firms with less than 10-20 percent of total sales accounted for by foreign markets reduced product diversification as trade costs fell, while more foreign-oriented firms increased diversification.
Transnational Corporations and International Production
Author: Grazia Ietto-GilliesPublisher: Edward Elgar Publishing
ISBN: 0857932268
Category : Business & Economics
Languages : en
Pages : 287
Book Description
'. . . an updated and illuminating analysis of the main forces behind the development of transnational corporations. . .' Nicola Acocella, University of Rome 'La Sapienza', Italy 'In the second edition of her authoritative book, this prominent figure in the study of transnational corporations has achieved an excellent job. . .' Wladimir Andreff, University of Paris 1 Panthéon Sorbonne, France 'Do we really need a specific theory to interpret transnational. . .corporations,. . . The answer is yeas and this brilliant and inspiring book by Grazia Ietto-Gillies explains why.' Giovanni Balcet, University of Turin, Italy '. . . Brilliant analyses and comparisons of basic theories in the field.' Mats Forsgren, Uppsala University, Sweden '. . . a truly complrehensive perspective of the development on the theory of transnational corporations. . . It is a marvellous and admirable work.' Masahiko Itaki, Ritsumeikan University, Japan '. . . offers vibrant insights on the convergence of different theoretical strands on the emergence, role and effects of transnational corporations. . .' Lucia Piscitello, Politecnico di Milano, Italy 'From my experience students like it as it enables them to capture in short time the gist of a variety of theories and offers them useful conceptual perspectives. . .' Slavo Radosevic, University College London, UK '. . . this book will be the outstanding choice.' Mohammad Yamin, The University of Manchester, UK 'This is an excellent book which dares to accomplish a challenging mission.' Antonello Zanfei, University of Urbino, Italy This comprehensive critical analysis of concepts, theories and effects relating to transnational corporations will prove to be an invaluable learning tool to post graduate and advanced undergraduate students across a broad section of disciplines including business/international business, economics, international relations, and development studies. Thoroughly revised and updated, the second edition of this highly acclaimed textbook includes new features such as deeper analysis of evolutionary theories, a discussion of Penrose and of the Network theory, and an additional chapter on innovation effects. Lecturers and researchers wishing to familiarize themselves with the theoretical developments of the subject will find this book to be an effective and informative teaching resource.
Human Resource Planning
Author: Adaptation, Specialization, and the Theory of the Firm
Author: Birger WernerfeltPublisher: Cambridge University Press
ISBN: 1107134404
Category : Business & Economics
Languages : en
Pages : 329
Book Description
An up-to-date analysis of the theory of the firm, including the latest research on the resource-based view.