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​This book collects essays from Chinese economic sage who was the mastermind of the reform and opening and persistent champion of market-driven development. In the essays, he outlines his vision of the systemic reform needed for today's China, from rule of law to completion of the market system and reform of state-owned enterprises. Dr. Wu's thoughts are always of interest, but at this pivotal moment of Chinese economic recalibration, his views will be of more value than ever, to scholars, economists, journalists, and those in civil society.

The book presents a comprehensive and incisive analysis of Structural transformation which is among the most relevant and crucial themes of contemporary economics. Structural transformation is the edifice that is the basis of the next phase of economic transformation. The book demonstrates that structural transformation cannot be shoe horned into a single point formula, it is not merely about achieving a double-digit growth rate, nor it is achieved by an overarching emphasis on rapid technological advancement. Based on empirical evidence pertinent to developed and developing nations and present imperatives the book provides a comprehensive elucidation that structural transformation will be profoundly determined by the empirics of investment, Innovation and Institutions.

This book summarizes the evolution of modern macroeconomics (New Consensus Macroeconomics, NCM) and proposes a new approach to theoretical and empirical analysis, which is based on a recently developed dynamic stochastic general equilibrium (DSGE) model. Dynamic macroeconomic analysis in emerging market economies is challenging, and of growing importance in the global economy, where emerging markets are becoming more and more influential. Clearly, a deeper understanding of the inner workings of emerging economies, particularly with respect to their socioeconomic structure and the urbanization process, is needed. The book's extends the NCM/DSGE model to better account for significant economic and social features in emerging market economies. In particular, household heterogeneities and social stratification are explicitly incorporated into the framework proposed here, substantially enhancing the comprehensiveness of the model economy, and allowing it to better account for underlying social structure in emerging economies. Furthermore, financial and housing markets have not been considered sufficiently in either the advanced or emerging economy literature, an oversight this book remedies. As such, it makes an original and valuable contribution to the field, and a direction for future research.

Internationalizing your firm presents both exciting opportunities and daunting challenges, regardless of your industry. While strategy will vary from firm to firm, this book provides a solid set of decision-making tools that will support you as you take your company global. Starting with the most important step – cultivating a truly international perspective in your senior management team – it sets out the pros and cons of each choice you will face as you define and shape a global strategy. With a pragmatic toolkit provided at the end of each chapter, The Art of Going Global will help to improve your decision-making capabilities in relation to a range of challenges, including:· Selecting foreign markets · Adapting your business model· Navigating uncertain global markets· Managing across cultures· Choosing between entry mode options With case studies and insights illustrating how to apply each toolkit, this book is ideal for practitioners, MBA students, and those in executive education. It will help you to consider a variety of alternative solutions for key managerial decisions on internationalization, the costs and benefits of different strategic scenarios, and ultimately drive you to create a clear global vision for your firm.

This book discusses the effectiveness of Western organizations'social media strategies in the Middle East. Social media has changed the rules of doing business, but the exact impacts vary across regions. In the context of Middle Eastern societies, social media is seen as a way for individuals and communities to communicate with each other and is generally not viewed as a means for brands to interact with individuals. Examining how the use of social media in the Middle East is shaped by the region's culture, authors discuss the factors that businesses need to consider when creating digital marketing strategies targeted there. Including case studies of Middle Eastern companies, this book provides a comprehensive analysis of the rise of social media in the MENA region and the often-neglected role of culture in research in this area. It will provide researchers and practitioners with a deeper understanding of conducting business in the Middle East throughthe effective and efficient use of social media.

This book constitutes a valuable manual for young and seasoned business researchers alike, and provides a comprehensive summary for the whole research journey. It is a must-read for all researchers who need to understand the basics of business research, from identifying research topics, to planning and organizing the research process, and selecting the most appropriate methodology for the topic at hand. This book also provides insights on how to avoid common pitfalls in business research and outlines the research skills needed to write a fine piece of research. In order to capture the innovative element of research, the book also highlights methods for thinking outside the box. It also stresses the importance of respecting ethics while conducting business research. Lastly, it presents important cases and provides hands-on training for preparing survey tools. Readers looking to master business research won't want to miss out on this unique and insightful book.

Taking the themes of entrepreneurship, start-ups, innovation and collaboration, this book seeks to answer the urgent question of how countries and companies can stay competitive in an ever-changing digital environment. The authors determine which entrepreneurial processes will work for whom and under what circumstances, presenting methodological implications for business research, start-ups and policy making. Examining the success of Germany as an innovation powerhouse, and comparing this with the USA, this edited collection provides valuable ideas for improving practice, facilitating start-up activity, and ultimately ensuring a country's competitive edge.

This book offers a multidisciplinary resource on digital government, while specifically focusing on its role within the emerging market of India. The Government of India (GoI) is concentrating on transforming India under the Digital India initiative. In order to do so, it has emphasized three core areas: (1) Computing infrastructure as a utility to every citizen; (2) Governance and services on demand; and (3) Digital empowerment of citizens. The chapters in this book address issues surrounding these areas, highlighting concepts such as knowledge societies, urban operations and logistics, issues in managing emergent Information Communication Technologies (ICTs), and also smart analytics for urbanization. The chapters contribute to the theory, practice and policy for a “Digital India.” The book captures lessons, knowledge, experiences (about challenges, drivers, antecedents, etc.) and best practices emerging from implementation of various projects. While the book is dedicated to a “Digital India,” this book can also be valuable resource for public administrators, government officials and researchers in other emerging markets and developing countries in Asia, Africa and Latin America where similar socio-political and economic conditions exist.

This book presents an extensive study on the effectiveness of recent regulations on pharmaceutical prices in India, exploring the weaknesses in the design and implementation of pharmaceutical price controls and investigating what can be done to fix the broken system.In addition, it examines the extent to which essential medicines are actually made affordable by price controls. The book argues that companies make the pharmaceutical price control regime largely ineffective by coordinating to increase pre-regulation prices; by diversifying horizontally away from the regulated markets and increasing prices in the unregulated markets; by manipulating trade margins; and by refusing to comply with the regulation because the penalties remains negligible.The book draws on extensive empirical research involving India's 2013 Drug Price Control Order and widely-used medicines such as paracetamol and metformin to illustrate how firms have weakened regulation. It argues that theregulatory regime can be strengthened by using systematic analysis of product- and region-level data in the Indian pharmaceutical industry, and by screening for the strategies that firms currently employ to circumvent regulation. In closing, it discusses recent efforts to strengthen the implementation of price controls in India and expanding the scope of price controls to medical devices.

This book analyzes the evolution of foreign trade cooperation between Russia and China in the context of the rapidly growing global economy, especially in the Asian-Pacific region. The approach presented in the book is characterized by a comprehensive view on macroeconomic dynamics and the process of evolving means of production. The authors describe characteristics of national innovational economies with examples from countries in the Asian-Pacific region.

This book provides a solid overview of trade and business opportunities in the Pacific Alliance, focusing on the key drivers of economic growth and development in Chile, Peru, Colombia, and Mexico. It addresses the political, economic, and social benefits that accrue when commerce and markets are made freer, and implications this poses for American businesses. Further, it surveys how key economies of Latin America have learned from past failures and are poised to capitalize on them in the future. It will offer a detailed understanding for business scholars, practitioners, and entrepreneurs looking to explore new business ventures in dynamic trade union.

This book examines key aspects of the increasingly important phenomenon of reshoring – the decision of companies to reverse offshoring by bringing manufacturing back from overseas. The aim is to equip readers with a full understanding of the current extent of reshoring, its drivers, and the associated opportunities and challenges. The impact of governments'economic policies on the location choices of entrepreneurs in an era of globalization is carefully analyzed, drawing on experiences in the United States and Italy, where contrasting encouragement is provided for reshoring decisions. The effect on reshoring of recent developments regarding technology, the environment, and other factors is assessed in depth, and readers will also find close scrutiny of the relationship between reshoring and manufacturing performance. The book will be of interest to all academics, researchers, and practitioners with an interest in the manufacturing industry and will be an excellent teaching aid for a variety of courses in different disciplines at both undergraduate and postgraduate level.

Das Sonderheft „Erfolgreiche Führung von Shared Services“ der ZfbF fasst die Ergebnisse des Arbeitskreises'Shared Services'der Schmalenbach-Gesellschaft zusammen, welche in den fünf Jahren seit Gründung des Arbeitskreises entwickelt wurden. Neben einer grundlegenden Systematisierung von Shared Services zeigen zahlreiche Beispiele, wie führende deutsche Unternehmen diese Organisationsform einsetzen, um ihre Wettbewerbsfähigkeit zu erhöhen. Das Sonderheft ist in drei Teile gegliedert. Teil I beginnt mit der Darstellung von Relevanz und zentralen Merkmalen des Shared-Service-Konzeptes. Danach werden die konstitutiven Entscheidungen, welche in der Praxis für die erfolgreiche Implementierung von Shared Services bedeutsam sind, erläutert. Teil II stellt Prozessstandardisierung, Dienstleistungsqualität und Kundenzufriedenheitsmessung als wichtige Erfolgsfaktoren im Wertschöpfungssystem von Shared Services vor. Teil III zeigt die Besonderheiten des Performance-Controlling von Shared-Service-Organisationen (SSO) und die Möglichkeiten zur Geschäftsentwicklung von Shared Services auf.

This book provides an economic analysis of various aspects of ‘market quality', a new concept which emerged in the 21st century, using the tools of ‘oligopoly theory'and ‘auction theory'that evolved over the 19th and 20th centuries. In the economics literature the link between the theories of oligopoly and auctions with market quality remains largely unexplored. This book attempts to forge such a link as it brings together relevant theoretical results in the literature on these topics under a unified framework. While the book is mainly theoretical in nature, it also discusses some specific issues related to the problems of market quality in emerging economies like India. Illustrated by carefully chosen examples, this book is highly recommended to readers who seek an in-depth and up-to-date integrated overview of the new field of market quality economics and are interested in some open research problems in this area.How should auctions and other allocation mechanisms be designed for oligopolistic industries to achieve such goals as efficiency, high-quality output and fast production? Krishnendu Ghosh Dastidar's book offers novel analysis of this question and also some interesting answers. Highly recommended. Eric S. Maskin, Nobel laureate in Economics

This thesis analyzes the motivation and performance of 403 acquisitions made by emerging multinational corporations (EMNCs) in Western Europe and North America between 1994 and 2013. The findings indicate that most EMNCs were motivated to acquire in order to obtain access to the upstream and downstream know-how of their target firms. In addition, the thesis'event study results demonstrate that EMNCs on average generated value for their shareholders with their acquisitions over short periods around acquisition announcement. This result is particularly significant since similar studies on buying firms from developed markets have frequently come to the conclusion that acquirers destroy shareholder value.

Im Rahmen einer qualitativen Fallstudienanalyse stellt Corinna Sinzig nichtmarktstrategische Aktivitäten multinationaler Unternehmen (MNU) in Industrie- und Schwellenländern gegenüber, also beispielsweise Beziehungen zur politischen Umwelt durch Verbandsarbeit oder zur sozialen Umwelt durch Kooperationen mit NGOs. Die Autorin untersucht mit einem ganzheitlichen Ansatz, wie sich Strategien kontextübergreifend unterscheiden, welche internen und externen Einflussfaktoren hier wirken und wie diese mit der Marktstrategie koordiniert werden. Anhand eines anspruchsvollen Forschungsdesigns verdeutlicht sie, dass sich Nichtmarktstrategien von MNU in Schwellenländern in der Art und Intensität ihrer Verfolgung teilweise signifikant von dem strategischen Verhalten imStammland des MNU unterscheiden.

Dieses Fachbuch hat das Ziel, exportorientierte Unternehmen mit einer strategisch geplanten Kalkulation auf mögliche Stolpersteine im Außenhandel vorzubereiten. Daher werden generelle, aber auch nicht leicht ersichtliche Kostengruppen beziehungsweise Einflussfaktoren genau dargestellt und diskutiert. Die durch den Export entstehenden Kosten gilt es in der Kalkulation der Preise zu berücksichtigen, um eine gewinnbringende Auslandstätigkeit zu ermöglichen. Daher müssen die Kosteneinflussgrößen erkannt und in ihrer Höhe qualifiziert in den Exportpreis einkalkuliert werden. Rahmenbedingungen der Exportkalkulation im Business-to-Business-Bereich werden erläutert und mit Hilfe von Praxisbeispielen dargestellt.

Dieses Buch liefert wertvolle Handlungsempfehlungen aus erster Hand für den Aufbau von Geschäftsbeziehungen in China mit einem besonderen Augenmerk auf eine Tätigkeit in einem chinesischen Staatsunternehmen. Chinesische Staatsunternehmen (State Owned Enterprises, SOE) sind mit einem Millionen-Heer an Mitarbeitern von großer Bedeutung für die chinesische Volkswirtschaft. Bisher haben viele westliche Unternehmen die SOE wegen ihrer Komplexität als Kunden, Partner oder Arbeitgeber gemieden. Um weiterhin erfolgreiche Chinastrategien zu realisieren, lohnt es sich für westliche Leser sehr, sich mit diesem Wirtschaftssegment, seinen Strukturen und Funktionsweisen näher zu beschäftigen. Ein Schwerpunkt liegt auf der Automobilindustrie. Die Erkenntnisse aus dieser spannenden Innenansicht sind auf alle Wirtschaftszweige übertragbar.

This book is the first of its kind to highlight the importance of family businesses to economic growth in sub-Saharan Africa. It examines the managerial, behavioral, and strategic issues facing these companies and offers conclusive statements about their performance and influence on the region. Family businesses have been found to outperform non-family businesses in advanced industrialized economies, yet no such information exists on the importance of these companies which dominate the economic landscape of sub-Saharan Africa.Through empirical evidence and cross-country data, a team of expert contributors explore matters related to the management of family-owned businesses, such as how they evaluate employee productivity and performance, manage human resources, view governance practices and the role of women, and other sensitive issues. This is a seminal text for students and researchers in family business, entrepreneurship, strategic management, andfamily business owners looking to improve and advance their companies for the greater good of sub-Saharan Africa and the rest of the continent.

This engaging book fills a substantial gap in the understanding of Caribbean enterprises, focusing upon FOBs (family-owned businesses) about which, despite accounting for 70% of private sector employment in the region, very little is known. Concentrating on MSMEs which represent the majority of FOBs in the English-speaking Caribbean, the authors compare and contrast their experiences to those in developed countries, focusing in particular on areas such as family business succession, business financing and marketing. Understanding the Caribbean Enterprise provides context-specific lessons from a historical perspective of business and entrepreneurship, which in turn provide an understanding of the current issues facing MSMEs and FOBs in the English-speaking Caribbean.

This book develops a comprehensive framework for creating sustainable new business approaches on a massive scale. It relates the power of entrepreneurship, investment and technology to four areas in which progress is urgently needed to get out of the world's current impasse. These are: game-changing innovations in companies; a way forward for the global fashion industry that reconciles competitiveness and worker dignity; turning around the energy crisis; and restoring capital markets to being the funders of human progress and prosperity that they once were—the pieces of the puzzle that is our future. Numerous case studies and actionable guidelines show how to concretely get the job done.

Karin Schärer geht der Frage nach, weshalb es Länder gibt, die trotz großen Reichtums an Ressourcen wirtschaftlich in einem desolaten Zustand sind. Eine Analyse der Demokratischen Republik Kongo und Botswana erklärt, weshalb sich diese rohstoffreichen Länder volkswirtschaftlich so unterschiedlich entwickeln und welche makroökonomischen und politischen Faktoren zu einer Fehlallokation der Ressourcenerlöse führen können. Anhand einer qualitativen Untersuchung zeigt die Autorin, dass neben Politik und Wirtschaft auch Kultur und Geografie eines Landes sowie der Einfluss externer Kräfte wie Nachbarländer oder internationale Unternehmen eine wichtige Rolle für den Umgang mit Rohstoffen und die wirtschaftliche Entwicklung spielen.

Employing a three-dimensional approach, this book discusses inclusive innovation for socio-economic growth and development, and the implications for human security within the context of developing and emerging economies. Focusing on a new and innovative area of research, Inclusive Innovation for Sustainable Development explores new social and technological processes that are created within, and for the benefit of, marginalised populations. Considering policy and issues surrounding technology, business strategies and best practices, theoretical underpinnings and a broader contextualisation, the authors interrogate the concept of the inclusivity of innovations. Written from the perspective of the new UN paradigm which states that “no one will be left behind”, the book considers the potential contribution of modern technology to human security and develops frameworks that counter the potential increases in inequality that this may bring. With contributions from leading international scholars in a range of disciplines, as well as practitioners in international development organizations and private sector actors Inclusive Innovation for Sustainable Development provides a way forward for excluded majority populations to take control of innovative technologies and business processes.

This paper provides a guideline for how the entire process chain of automotive after-sales services could be researched in China. In addition, Schwartz's individual level value theory is introduced as a beneficial operationalisation approach to cultural marketing. So, values are modelled as exogenous variables in order to show which ones are really causal. A total of 301 Chinese workshop customers were surveyed to assess the critical success factors of after-sales services via partial least squares structural equation modelling. After-sales services have become very important in the automobile industry. However, this area has not been sufficiently researched, particularly with regard to China, the most important car market globally.

Welche Praktiken beim Aufbau und Betrieb von HR Shared Service Centern (SSC) erfolgreich sind, wie Trends sich entwickeln und was professionelle Best Practice auszeichnet, zeigt dieses Buch eindrucksvoll auf. So gilt es zu Beginn die richtigen Entscheidungen für ein internationales HR SSC zu treffen, den Umgang des Produktkataloges zu definieren, Schnittstellen zu anderen HR-Funktionen zu erarbeiten und die Verantwortungen von der abgebenden Konzerneinheit auf das HR SSC zu übertragen. Damit dieser anspruchsvolle Veränderungsprozess gelingt, ist es wichtig, dass alle Beteiligten, auch die Mitarbeiter und die dienstleistungsempfangende Belegschaft, von der Qualität des SSC überzeugt sind. Fundierte Beiträge aus Praxis und Wissenschaft, empirische Untersuchungen und Fallstudien beleuchten wirkungsvoll alle Facetten dieses Themas.

This book focuses on skilled labour migration from Malaysia to Singapore. In this regard, it examines a number of variables such as Better Perks and Benefits, Quality of Work Life, Ease of Immigration Procedures, International Exposure, Greater Job Availability, and Social Networks, and how they influence the decisions of Malaysian accounting professionals.In doing so, the book elaborates on how this phenomenon is an indirect result of globalization, which is predominantly detrimental for developing countries such as Malaysia.The book also highlights the need for these experts in their home country, as Malaysia is currently striving to improve its economy in order to achieve high-income status by 2020.

This book provides a comprehensive overview of corporate social responsibility and its development in Africa. It provides in-depth studies on 11 sub-Saharan countries, demonstrating that corporate social responsibility is forming and going through different stages of metamorphosis in the continent. Though corporate and individual attitudes towards sustainability in Africa still leave a lot to be desired, this book showcases how things are rapidly changing for the better in this regard. It demonstrates and provides evidence for the fact that corporate social responsibility contributes significantly to the way sub-Saharan African economies are being transformed, with service sectors expanding, commercial activities diversifying and industrial bases growing through the initiatives of small, medium and large organizations and innovators supported by widespread higher-education program rollouts. The book highlights how progressive and wide-ranging CSR approaches have emerged, and how much they differ from the obsolete approaches of the past, which promulgated negative stereotypes, marginalized communities and positioned them as victims or beneficiaries of development.

This book provides a comprehensive overview of Corporate Social Responsibility (CSR) in Indian corporations following the 2013 legal mandate on corporate spending of profits for CSR. Bringing together authors hailing from diverse walks of life, the book pursues a'hands-on'approach, with real-world case studies and examples that help the reader feel the dynamic pulse of India immediately after the ratification of the CSR mandate in the Companies Act, 2013. The Act is expected to affect over 16,300 companies with an estimated flow of approximately 200 billion Indian rupees into the economy every year, thus shaking the foundations of business and society and impacting the country at multiple stakeholder levels. As a result, India is likely to become the birthplace of social, economic, and environmental transformation through financial investments in CSR!In order to insightfully reflect on this transition, this book has been divided into three parts. The first part presents the CSR mandate and its implications, while the second focuses on its implementation and the third part provides a view on the way forward.The book helps to reveal the various layers of CSR in an emerging economy like India and is expected to spark debate, discussion and research among policy-makers, consultants, academics, practitioners and other stakeholders the world over, which will further expand its contribution to CSR literature and open up new vistas in CSR research.'This is indeed a first of its kind book and marks a watershed in the journey of CSR. It is an extremely important contribution to the body of knowledge in the area of CSR and Corporate Governance in emerging economies that is driven by a completely different set of challenges, opportunities and requirements from that of developed economies.'Dr. Bhaskar Chatterjee, Director General & CEO, Indian Institute of Corporate Affairs

This book deals broadly with tourism planning and development from the perspective of Croatia, a major Adriatic tourism destination which is fast becoming one of the most popular vacation spots in the European Union. With the recent accession of Croatia to the EU, Croatia is undergoing a rapid political and economic transition and generating scholarly interest in the country's primary, secondary, and tertiary industries. This book examines the country's long history and thriving success in the tourism industry through issues of destination image and identity, management challenges, economic impact, and how to attract tourists in the midst of extreme political changes.The book explores the implications of policy decisions on product development and takes a theoretically sound approach to destination planning and problem-solving in Croatia. Its timely view of Croatian national tourism policy and the broader Adriatic/Mediterranean region makes this book of interest to all scholars, students, and practitioners engaged in various aspects of destination development planning and management.

This volume explores the value of business integrity and ethics as a'best practice'model in business strategy. The authors define business integrity, explore areas in which integrity is often absent or discredited, and provide a framework and tools to help build better business ethics and corporate social responsibility. The volume aims to reveal that beyond the immediate economic effect, corruption can ruin entire countries by destabilizing key economic and political players, warping their vision for state development.Against the backdrop of global financial and ethical crises, the authors argue that integrity in business is a key component for long-term success. Integrity includes the ability to be consistent with one's moral values and principles and places society's wishes at the center of business decision-making. The cornerstone upon which a culture of integrity is built within a certain business is the ethics code. It explicitly states the values and principles to which a company adheres. The continuous promotion, support and communication of the ethics code stipulations provide the basis upon which integrity in business is built.Featuring case studies from countries such as Sweden, Great Britain and France and companies such Starbucks, Nike, PSEG, and Anglo-American PLC, this volume provides a comprehensive study of business integrity and social responsibility that will be of interest to students, scholars, professionals and policy-makers from around the world.

Das essential zeigt in kompakter Form die Geschäftschancen auf, die sich in der Ukraine bieten, und gibt detaillierte und praxisorientierte Hinweise zu wichtigen Aspekten wie Wirtschaftslage, Arbeitsmarkt, Infrastruktur, Investitionsschutz, Zahlungsverkehr und gesetzlichen Regelungen. Renate Heßler und Hatto Brenner informieren ausführlich über Vorteile wie das hohe Bildungsniveau und die niedrigen Steuern, klären aber auch über Herausforderungen wie die instabile politische Lage und die bürokratischen Hürden auf. Eine übersichtliche SWOT-Analyse rundet die Ausführungen ab. Auf diese Weise hilft der Ratgeber dabei, im Geschäft mit der Ukraine Potenziale optimal zu nutzen und Klippen sicher zu umschiffen.

Wei Manske-Wang analysiert den Zusammenhang zwischen der Urbanisierung im Rahmen der Stadtentwicklung und der zentralisierten Energieversorgungsstruktur in chinesischen Megastädten anhand einer empirischen Untersuchung, die auf Daten der vergangenen 35 Jahre zurückgreift. Aus den Ergebnissen der Studie entwickelt die Autorin eine Zukunftsprognose, welche durch eine Fallstudie für die Stadtentwicklung von Shanghai validiert wird. China spielt seit drei Jahrzehnten eine bedeutende Rolle für das Wachstum der Weltökonomie, gleichzeitig unterscheidet sich diese Volkswirtschaft in vielen Aspekten von den hierzulande bekannten Mustern. Die Autorin behandelt den gesamten Themenkomplex aus chinesischer Perspektive.

In diesem Essential lernt der Leser geeignete Führungsmethoden kennen, die den Anforderungen des globalen Projektmanagements (GPM) gerecht werden. Joanne Huang gibt Anregungen, wie Projektmanager adäquate Handlungsmöglichkeiten selbst entwickeln und die eigenen Management-Skills für Auslandsprojekte optimieren können. Die Hauptaufgabe beim Management globaler Projekte besteht darin, eine funktionierende Zusammenarbeit von multinationalen Teams aus verschiedenen Kulturkreisen zu bewirken sowie die Ressourcen des gesamten Projektumfelds optimal zu nutzen.