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771.
Recent years have witnessed the surging of Chinese manufacturers, as China has become the world’s factory floor. This paper
presents a case study of one of the most successful manufacturers in China, the Galanz Group, now the world’s largest microwave
manufacturer. Based on theories of multinational corporations from emerging economies, the paper examines the process of Galanz’s
integration into the global market. The company has developed unique competitive strategies that have made it a great success
within China and in overseas markets. The Galanz model suggests strong strategic implications for both Chinese firms and incumbent
multinational corporations.
相似文献
Daniel Z. DingEmail: |
772.
Asia Pacific offers a lot of promising growth opportunities, but it also presents high levels of uncertainty for multinational
enterprises (MNEs). In this paper, we introduce real options theory as a theory of investment under uncertainty, and we discuss
its implications for MNEs and their strategies with a focus on the emerging economies in Asia Pacific. We suggest that MNEs
must recognize the various sources of uncertainty, as well as the various options embedded in their investments, and real
options theory can help them structure and design their investments to benefit from uncertainty. In particular, MNEs need
to develop the dynamic capabilities of managing real options in their investments to respond to the evolving economic and
institutional environment in the region. This paper also provides several implications for policy makers in Asia Pacific to
stimulate investment activities in the region and to help their firms venture successfully in the international market place.
Tony W. Tong is an Assistant Professor of Strategic Management at the Leeds School of Business at the University of Colorado. He obtained his Ph.D. from The Ohio State University. His current research applies real options theory to study firms’ corporate development activities and growth initiatives. His research in these areas has been published or accepted in journals such as the Academy of Management Journal, the Journal of International Business Studies, and Organization Science. Jing Li is an Assistant Professor of International Business at the Faculty of Business Administration at Simon Fraser University, Canada. Her research focuses on alliance activities in China, capability building of Chinese firms, and applications of real options theory to international strategy. Her research in these areas has appeared in the Journal of World Business, Advances in Strategic Management, and Managerial and Decision Economics. 相似文献
Jing LiEmail: |
Tony W. Tong is an Assistant Professor of Strategic Management at the Leeds School of Business at the University of Colorado. He obtained his Ph.D. from The Ohio State University. His current research applies real options theory to study firms’ corporate development activities and growth initiatives. His research in these areas has been published or accepted in journals such as the Academy of Management Journal, the Journal of International Business Studies, and Organization Science. Jing Li is an Assistant Professor of International Business at the Faculty of Business Administration at Simon Fraser University, Canada. Her research focuses on alliance activities in China, capability building of Chinese firms, and applications of real options theory to international strategy. Her research in these areas has appeared in the Journal of World Business, Advances in Strategic Management, and Managerial and Decision Economics. 相似文献
773.
Zhongmin Wang 《Review of Industrial Organization》2008,32(1):35-52
This paper studies how communication is used by a retail gasoline cartel in Australia to coordinate price increases, a role
of communication in collusion not highlighted by Genesove and Mullin (Am Econ Rev 91(3): 379–398, 2001). A unique data set
from the trial record allows for quantifying not only the pricing dynamics, but also the communication patterns. Both empirical
and narrative evidence suggests the collusive communication and pricing behavior is well captured by the price cycle equilibrium
of the Maskin and Tirole (Econometrica 56(3): 571–599, 1988) model. 相似文献
774.
This study examines the role of top management team (TMT) member succession in breaking organizational inertia. We compare
the impact of two types of change in TMTs—in member number and demographic heterogeneity—on subsequent strategic reorientation
using data on the diversification activities of firms in the Japanese textile industry. Our findings suggest that executive
succession does not trigger strategic change unless succession entails change in the values and interests of executives embedded
in their demographic traits.
Riu Yokota (MS, University of Tsukuba) is an independent researcher in Japan. His research interests include executive succession, strategic change, and business ethics in organizations. Hitoshi Mitsuhashi (Ph.D. Cornell University) is an associate professor of organization studies at University of Tsukuba in Japan. His research interests include interorganizational relations, strategic change, and industry evolution. 相似文献
Hitoshi MitsuhashiEmail: |
Riu Yokota (MS, University of Tsukuba) is an independent researcher in Japan. His research interests include executive succession, strategic change, and business ethics in organizations. Hitoshi Mitsuhashi (Ph.D. Cornell University) is an associate professor of organization studies at University of Tsukuba in Japan. His research interests include interorganizational relations, strategic change, and industry evolution. 相似文献
775.
Christoph Böhringer 《能源经济杂志》2008,32(4):235-240
In order to restrict the risks of anthropogenic climate change to a ?tolerable“ extent, the fourth assessment report of the United Nations’ International Panel on Climate Change calls for a trend reversal towards globally decreasing greenhouse gas emissions within the next two decades which ultimately must lead to a reduction of carbon dioxide emissions until the mid of the century by 50 percent as compared to 2000 emission levels. The European Union claims a lead of a role in climate policy with the objective to push forward international negotiations on far-reaching emission reduction commitments with other important industrialized and developing regions. The EU’s credibility as a leading force will hinge crucially on how successfully it can fulfill its emission reduction obligations under the Kyoto Protocol by means of market-based environmental policy, in particular the exemplary operation of the EU emission trading system. Against this background, the following article provides a critical assessment of the EU’s climate policy. 相似文献
776.
The emergence of knowledge-intensive society has changed the nature of business competition. Knowledge management becomes
an important managerial task and formulating a sound innovation strategy is an integral part of strategic management. Adopting
an institution-based view, this article argues that the institutional environment in the Asia Pacific region plays a multi-faceted
role behind firms’ knowledge management and innovation strategy. Specifically, institutions impose rules for legitimacy, serve
as a source of knowledge, and allocate incentives and resources for innovation. We believe that future research drawing on
the institution-based view has significant potential to advance our understanding of knowledge management and innovation strategy
in Asia Pacific firms.
Yuan Lu (PhD, University of Aston) is a professor at the Chinese University of Hong Kong and works in the areas of corporate diversification, business groups, and institutional entrepreneurship. He is on the editorial board of the Asia Pacific Journal of Management. Eric W. K. Tsang (PhD, University of Cambridge) is an associate professor at the University of Texas at Dallas. He is a Senior Editor of the Asia Pacific Journal of Management, and is on the editorial boards of five other journals, including the Academy of Management Journal and the Academy of Management Review. He has published over 50 journal articles. Mike W. Peng (PhD, University of Washington) is the Provost’s Distinguished Professor of Global Strategy at the University of Texas at Dallas and Editor-in-Chief of the Asia Pacific Journal of Management. His market-leading text, Global Strategy (South-Western Thomson, 2006), has been translated into Chinese and Portuguese, and his new Global Business text (South-Western Cengage Learning, 2009) has recently been launched. 相似文献
Mike W. PengEmail: |
Yuan Lu (PhD, University of Aston) is a professor at the Chinese University of Hong Kong and works in the areas of corporate diversification, business groups, and institutional entrepreneurship. He is on the editorial board of the Asia Pacific Journal of Management. Eric W. K. Tsang (PhD, University of Cambridge) is an associate professor at the University of Texas at Dallas. He is a Senior Editor of the Asia Pacific Journal of Management, and is on the editorial boards of five other journals, including the Academy of Management Journal and the Academy of Management Review. He has published over 50 journal articles. Mike W. Peng (PhD, University of Washington) is the Provost’s Distinguished Professor of Global Strategy at the University of Texas at Dallas and Editor-in-Chief of the Asia Pacific Journal of Management. His market-leading text, Global Strategy (South-Western Thomson, 2006), has been translated into Chinese and Portuguese, and his new Global Business text (South-Western Cengage Learning, 2009) has recently been launched. 相似文献
777.
This study estimates the impact of demographic change on energy use in two German regions, Hamburg and Mecklenburg-Western Pomerania. Data from the EVS household survey are used to identify demographic characteristics and age-specific consumption patterns in the two regions. They are used in combination with regional household projections to construct consumption expenditure forecasts, which are then entered as demand impulses into regional input-out-put models to calculate sectoral production effects and energy use. The analysis shows that the impact of demographic change on energy use differs considerably between the two regions. Therefore, studies conducted at the national level may miss important effects, making it necessary to conduct more studies at the regional level. 相似文献
778.
Until now the promotion of renewable energies in Europe has been effected on the basis of different promotion systems of the Member States. Currently the EU-wide harmonisation of the promotion systems, from which yields of efficiency and a higher effectiveness are expected, cannot be enforced due to a discordance concerning the “right” promotion instrument.With the proposal for a directive on the promotion of renewable energies, published at the 23. January in 2008, the European Commission attempts to make a first move towards harmonisation. Besides existing promotion systems it will be possible to transfer Guarantees of Origin for renewable energies between Member States. Since, however, some Member States expect negative effects as a consequence of opening their markets the proposal comprises opportunities to restrict the transfer. The present scope of interpretation within the proposal allows for different options concerning the design of the transfer restrictions. These will be identified, analysed, and subsequently evaluated in this article. Despite of both extreme options, the possibility to entirely opt out of the transfer system and the obligation to completely participate in the transfer system, two further hybrid options are discussed. The latter are characterised by the possibility of Member States to restrict the transfer of Guarantees of Origin to a certain extent through a “system of prior authorisation”. 相似文献
779.
Does Technological Innovation Really Reduce Marginal Abatement Costs? Some Theory,Algebraic Evidence,and Policy Implications 总被引:1,自引:1,他引:1
The existing literature models innovation in pollution control as a reduction in marginal abatement costs. We show that this
assumption is inappropriate for production process innovations such as fuel switching. Algebraically, we examine the effects
of different innovation types on marginal abatement cost curves, showing that some desirable innovations increase marginal abatement costs. Empirically, we estimate marginal abatement costs for sulfur dioxide by measuring the output distance
function for electric power in Korea. Regression results confirm that production process innovations did raise marginal abatement
costs in this case. One policy implication: economic instruments do not always provide stronger innovation incentives than
command-and-control policies.
相似文献
780.
This paper describes and analyses changes at the concentration level of the audit services markets in 15-EU member-countries.
The sample consists of 2,862 clients of auditing firms for the period 1998 to 2004. The findings of the research show that
concentration in the aggregate sample increased over time. Concentration in the audit markets of the EU-15 member-countries
exhibits substantial variation across countries while average concentration, before and after Arthur Andersen’s dissolution,
has increased in 12 and declined in three countries. Results segmented by economic sectors indicate that the concentration
increased in all sectors except Energy, which is the sector with the highest concentration. Overall, the empirical results
suggest that there are complexities in our understanding of auditing services markets for competition purposes.
相似文献
Irene Fafaliou (Corresponding author)Email: |