Choice of Market Entry Mode in Emerging Markets

Summary

This study explores the antecedents of market entry strategy in emerging markets and examines the market environmental, transaction-specific, competitive strategic factors and organizational capability that influence the choice of market entry mode. Empirical results based on a survey of Japanese companies support the combined relevance of their factors on choice of market entry mode in an emerging market. Although most of the mode of entry research assumes that the firm has the option to choose any entry mode in a given market, this study examines the impact of the factors in the internationalization process of firms. The results suggest that experiential knowledge has an immense impact on the choice of entry mode in China, an emerging market with high environmental uncertainty, but also high market potential. The empirical findings also show the important influences of risk-absorption capability and risk-dispersion mechanism on the choice of entry mode into the Chinese market.     

A Pilot Study of Motivations,Inhibitors, and Facilitators of Association Members in Attending International Conferences

Abstract

This study examined motivation, inhibitors, and facilitators of association members in attending international conferences. A survey questionnaire was used to measure the importance of those factors in influencing the subjects during the conference attendance decision process. The study revealed that opportunities for travel to overseas destinations, outdoor recreation, business or political activities, change of pace, networking, and education were important factors which motivated the respondents in attending international conferences. Perceived risks of safety, inconvenience, and unfamiliarity with overseas destinations, distance, time, money, health problems, and possible security problems of overseas destinations inhibit people from attending conferences. The respondents considered deals on overseas travel packages, opportunities to do activities with family at overseas destinations, and costs covered by their employer as important factors that facilitate their attendance at international conferences.     

Healthier for whom? Technological service improvement in the healthcare industry

This study tackles the dilemma of a technology-based service improvement wherein an organization performs a technology change to improve its service process, while its customers do not necessarily perceive the new service as an improvement. The empirical research follows a healthcare provider that changed its primary care provider appointment scheduling using a new call centre technology. The methodology involves three processes reflecting the entire change: personal interviews, focus groups, and surveys. To facilitate adoption of a technology-based service, it is recommended that there be a focus on customers’ experience with similar service industries’ image, and organizational policies on contracting service representatives.     

马克思主义城乡融合思想的中国化进程

中国共产党人在把马克思主义城乡融合思想中国化的过程中,不断总结城乡建设的实践经验,形成了独具中国特色的城乡一体化思想。新中国成立初期,毛泽东以农业为基础、工农业并举、城乡兼顾的发展战略,开启了马克思主义城乡融合思想的中国化历程。改革开放以来,邓小平改革城乡关系的战略举措,为马克思主义城乡融合思想的中国化提供了政策支持和实践准备。江泽民统筹城乡发展战略促进了马克思主义城乡融合思想中国化体系的形成。在新的历史条件下,以胡锦涛为总书记的党中央结合新的实际,把马克思主义城乡融合思想不断推向前进。     

国内外醋酸乙烯生产现状及技术进展

本文介绍了国内外醋酸乙烯的生产与消费现状,指出了醋酸乙烯新技术的进展情况,并对我国醋酸乙烯的发展提出了几点建议。     

国内外丁二烯发展概况

西方对国内外丁二烯生产技术现状,发展动向,以及市场供需状况作了概要叙述。     

粮食入库前的初清工艺设计

粮库承担着安全储粮的重任,因此做好粮食入库前的初清工作,就显得尤为重要。就粮食入库前的初清工艺设计,进行了分析和探讨,对新建粮库和老粮库改造升级具有一定的借鉴意义。     

关于人力资本形成探讨

人力资本的形成是一个漫长复杂的过程,本文主要从家庭教育、学校教育、社会教育三个层面探讨了人力资本形成的过程,并通过对人力资本形成过程的探讨,分析当今社会环境及社会制度在人力资本的形成过程中所存在的问题。     

An integrative model of the role of knowledge in the internationalization process

Knowledge is considered an essential resource in a company’s internationalization process, both from the sequential point of view and from the perspective of International Entrepreneurship. This paper proposes a model to integrate the influence of knowledge on international behavior based on proposals taken from the literature on organizational learning in multinational companies. The model comprises several phases: prior knowledge; acquisition of new knowledge; integration of both sets of knowledge; action and feedback. Using the proposed model, different courses of action are identified for further research into the process of company internationalization.     

PUT-CALL SYMMETRY: EXTENSIONS AND APPLICATIONS

Classic put-call symmetry relates the prices of puts and calls at strikes on opposite sides of the forward price. We extend put-call symmetry in several directions. Relaxing the assumptions, we generalize to unified local/stochastic volatility models and time-changed Lévy processes, under a symmetry condition. Further relaxing the assumptions, we generalize to various  asymmetric  dynamics. Extending the conclusions, we take an arbitrarily given payoff of European style or single/double/sequential barrier style, and we construct a conjugate European-style claim of equal value, and thereby a semistatic hedge of the given payoff.