Global Knowledge Game… Wildcard for India!

2002 ◽  
Vol 37 (1-2) ◽  
pp. 60-84
Author(s):  
Sudipto Patra ◽  
Raj K. Roy
Keyword(s):  
Value Chain ◽  
Manufacturing Sector ◽  
Global Knowledge ◽  
Global Business ◽  
Global Game ◽  
Indian Industry ◽  
Global Brands ◽  
Entrepreneurial Spirit ◽  
Traditional Definition ◽  
Definition Of

Globalisation has brought all sorts of questions pertaining to Indian MNCs to the fore. The enlargement of the freedom to tap the competitive potential, unhindered by geographical restrictions, is at the heart of these forces of globalisation. It endangers the entrenched domestic market players of the cocooned era of the past, simultaneously presenting them the opportunity to look beyond their traditional market (home) and to leverage its strengths to gain higher profitability. From the Indian perspective, we found that there is a plethora of opportunities and Indian companies can really win this global game if they play it right. In the changing context of business with world moving definitely to a global village we have raised certain questions and tried to answer them in the paper. What is India's competitive advantage? What is the strength that Indian companies can play with to capitalise upon the opportunities that are arising in the global business scenario, at the same time dodging the threats and overcoming their weaknesses? Who are these multinationals that we keep referring to? Are they the giants of the Indian industry? Are they the doyens of the brick and mortar era? Or are they the new-age players in knowledge economy? Why is it that the Indian manufacturing sector could not deliver quality in last 40 years while IT could achieve it in less than a decade? Were there policy bottlenecks that stifled the traditional Indian companies to a stunted Indian presence or something internal to them? There is a question-mark on the traditional definition of an MNC itself - "Company with operation bases in countries other than that of its origin". When a large part of manufacturing is relocating itself in countries that offer the factor cost advantages, as is available in South-East Asia and China, how relevant is the traditional definition of an MNC? isn't MNC the one which looks at transnational marketing, creating global brands, with localised operations (not necessarily in home country) that allow it to attain highest profitability? Why can't TATA and Reliance be dubbed MNCs if they can play to these rules? We found that the Indian MNCs also have certain inherent strengths that can catapult them to the global arena Experience gained by the Indian industry over the last 55 years Accumulated knowledge capital Entrepreneurial spirit shown in the right kind of conditions A new mirldset that is emerging slowly but definitely . Though we are yet to take these strengths to the final frontier of customer satisfaction and the highest order in the business value chain - selling to customers directly or creating global brands - it is only pertinent that we revisit the Indian business scenario with the confidence of delivering quality products as IT has shown. The same factors can help the Indian MN Cs to face the challenges and emerge winners in the new global ball game. We have suggested a broad pack of strategies, which are going to be indispensable for Indian MNCs in 2010 and beyond.

Evolution of Germany’s Stance Regarding the Three Seas Initiative

2019 ◽  
Vol 17 (3) ◽  
pp. 65-77
Author(s):  
Martin Dahl
Keyword(s):  
Foreign Policy ◽  
The United States ◽  
Great Powers ◽  
The European Union ◽  
Global Game ◽  
New Instrument ◽  
Law And Justice ◽  
Definition Of ◽  
The Baltic ◽  
Polish Foreign

When the political camp centred on the Law and Justice party (PiS) came to power in 2015, it led to a change in priorities in Polish foreign policy. The Three Seas Initiative (TSI), understood as closer cooperation between eastern states of the European Union in the area between the Baltic, Adriatic, and Black seas, has become a new instrument of foreign policy. The initiative demonstrates the growing importance of Central and Eastern Europe in the global game of great powers. The region has become a subject of rivalry, not only between the United States and Russia but also China. Therefore, the main objective of this article is to try to describe the importance of the region to Germany and how Germany’s stance on the TSI has evolved. The article consists of three parts, an introduction to the issues, the genesis of the TSI, and the definition of goals set by the states participating in this initiative, as well as analysis of the German stance towards the initiative since its development in 2015. The theories of geopolitics and neorealism are used as the theoretical basis for the analysis.

Australia—The Hidden Jewel

2018 ◽  
Author(s):  
Mahesh K. Joshi ◽  
J.R. Klein
Keyword(s):  
Natural Resources ◽  
Value Chain ◽  
Global Economy ◽  
Good Governance ◽  
Developing Economies ◽  
Raw Materials ◽  
Manufacturing Sector ◽  
Developed Countries ◽  
The United States ◽  
Dutch Disease

The twenty-first century is being touted as the Asian century. With its stable economy, good governance, education system, and above all the abundant natural resources, will Australia to take its place in the global economy by becoming more entrepreneurial and accelerating its rate of growth, or will it get infected with the so-called Dutch disease? It has been successful in managing trade ties with fast-developing economies like China and India as well as developed countries like the United States. It has participated in the growth of China by providing iron ore and coal. Because it is a low-risk country, it has enabled inflow of large foreign capital investments. A lot will depend on its capability and willingness to invest the capital available in entrepreneurial ventures, its ability to capture the full value chain of natural resources, and to export the finished products instead of raw materials, while building a robust manufacturing sector.

scholarly journals Understanding Social Impact and Value Creation in Hybrid Organizations: The Case of Italian Civil Service

2021 ◽  
Vol 13 (7) ◽  
pp. 4058
Author(s):  
Paolo Esposito ◽  
Valerio Brescia ◽  
Chiara Fantauzzi ◽  
Rocco Frondizi
Keyword(s):  
Value Chain ◽  
Social Impact ◽  
Civil Service ◽  
Added Value ◽  
Hybrid Organizations ◽  
Case Study Analysis ◽  
Public Resources ◽  
Five Elements ◽  
Definition Of ◽  
The Impact

The aim of this paper is twofold: first, it aims to analyze what kind of value is generated by hybrid organizations and how; second, it aims to understand the role of social impact assessment (SIA) in the measurement of added value, especially in terms of social and economic change generated by hybrids. Hybrid organizations are a debated topic in literature and have different strengths in responding to needs, mainly in the public interest. Nevertheless, there are not many studies that identify the impact and change generated by these organizations. After highlighting the gap in the literature, the study proposes an innovative approach that combines SIA, interview, interventionist approach and documental analysis. The breakdown of SIA through the five elements of the value chain (inputs, activities, outputs, outcomes, and impact) guarantees a linear definition of the value generated through change with procedural objectivity capable of grasping hybrid organizations’ complexity. The value generated or absorbed is the change generated by the impact measured based on the incidence of public resources allocated. Through the SIA and counterfactual approach, the civil service case study analysis highlights how the value generated by public resources can be measured or more clearly displayed in the measurement process itself.

scholarly journals The Functional Controller for Sustainable and Value Chain Management: Fashion or Need? A Sample of Job Advertisements in the COVID-19 Period

2021 ◽  
Vol 13 (13) ◽  
pp. 7139
Author(s):  
Ewa Walińska ◽  
Justyna Dobroszek
Keyword(s):  
Value Chain ◽  
Sustainable Management ◽  
Chain Management ◽  
Value Chain Management ◽  
Management Fashion ◽  
Hard Skills ◽  
Job Advertisements ◽  
German Speaking ◽  
Student’S T ◽  
Definition Of

This article aims to present a profile of functional controllers created in German-speaking countries in the context of their competences and tasks for sustainable management and value chain creation. Sustainable chain management requires finding a balance between the economic, social, and environmental spheres, inside and outside the organizations, in all business functions/processes related to value chain formation. Managers for sustainable management need to have adequate and high-quality financial and non-financial information. They are crucial during the pandemic COVID-19 period. Functional controllers can provide this. Content analysis of job advertisements was used as a research method. The identification of competences was based on Cheetham and Chivers’ model. Tasks were referred to as essential functions of controlling. Descriptive statistics and the Student’s t-test with Cochran–Cox correction and the Wilcoxon-Mann–Whitney test were used to analyze the data. In terms of the studied controllers, more functional than meta competence was identified. There were more hard skills than soft skills. In terms of tasks, studied controllers are preoccupied with analysis, coordination and optimization, participation in management, definition of new tools, and reporting. The results confirm that functional controllers have an impact on sustainable development and value chain creation.

Emotion and Virtue

2020 ◽  
Author(s):  
Gopal Sreenivasan
Keyword(s):  
Virtue Ethics ◽  
Moral Psychology ◽  
Character Trait ◽  
Full Measure ◽  
Traditional Definition ◽  
Definition Of

What must a person be like to possess a virtue in full measure? What sort of psychological constitution does one need to be an exemplar of compassion, say, or of courage? Focusing on these two examples, this book ingeniously argues that certain emotion traits play an indispensable role in virtue. With exemplars of compassion, for instance, this role is played by a modified sympathy trait, which is central to enabling these exemplars to be reliably correct judges of the compassionate thing to do in various practical situations. Indeed, according to the book, the virtue of compassion is, in a sense, a modified sympathy trait, just as courage is a modified fear trait. While the book upholds the traditional definition of virtue as a species of character trait, it discards other traditional precepts. For example, the book rejects the unity of the virtues and raises new questions about when virtue should be taught. Unlike orthodox virtue ethics, moreover, this account does not aspire to rival consequentialism and deontology. Instead the book repudiates the ambitions of virtue imperialism, and makes significant contributions to moral psychology and the theory of virtue alike.

scholarly journals BARRIERS OF SMES’ SUSTAINABILITY IN SUB-SAHARAN AFRICA: A PLS-SEM APPROACH

2021 ◽  
Vol 9 (1) ◽  
pp. 10-24
Author(s):  
John Amoah ◽  
Abdul Bashiru Jibril ◽  
Bayuasi Nammei Luki ◽  
Michael Amponsah Odei ◽  
Charles Yawson
Keyword(s):  
Developing Countries ◽  
Developing Economies ◽  
Manufacturing Sector ◽  
Business Owners ◽  
Partial Least Square ◽  
Least Square ◽  
Sub Saharan Africa ◽  
Future Research ◽  
Global Business ◽  
Sub Saharan

Undoubtedly, entrepreneurial knowledge is a prerequisite for the survival of every business organization. To this, the contribution of Small and Medium Enterprises (SMEs) in the socio-economic development in most developing economies cannot be underestimated. Both developed and developing countries are living testimonies of their contributions to their nation’s growth and development. However, extant literature shows that as competition and innovation intensify in the global business market, many SMEs in developing countries are constrained by external forces that hinder the sustainability of these businesses.   Hence, this paper aims to find out the mitigating factors warranting SMEs’ sustainability from the viewpoint of entrepreneurs and business owners, particularly in the manufacturing sector of Ghana, a Sub-Saharan Africa region. To achieved this objective, the study deployed a simple random sampling technique with 370 valid responses through a structured questionnaire for the analysis. Relying on PLS-SEM (partial least square and structural modeling) with the aid of ADANCO 2.2.1 software version revealed that factors such as financial challenges, technology; market penetration & acceptability; and research & development are barriers facing SMEs sustainability in the Ghanaian manufacturing sector. This study would be beneficial to entrepreneurs and business owners of SMEs in most developing countries and provide deeper insight into the SME literature at large. This study would further strengthen SME entrepreneurs and business owners to fully devise strategies that can help them to override such migrating challenges and equipped them to effectively stay competitive in the long term for the firm’s growth and survival. The limitation and future research directions are equally presented in the paper.

scholarly journals Security with respect to MANET (Mobile Ad-hoc Network) and IoT (Internet of Things)

2017 ◽  
Vol 10 (1) ◽  
pp. 82-85
Author(s):  
Vikram Agrawal
Keyword(s):  
Value Chain ◽  
Ad Hoc Network ◽  
Ad Hoc ◽  
Mobile Ad Hoc Network ◽  
Data Transfer ◽  
Dynamic Network ◽  
Global Business ◽  
Internet Users ◽  
Mobile Ad Hoc ◽  
Self Organizing

MANET is self organizing, decentralized and dynamic network. In which participating nodes can move anywhere. The nodes can be host or router anytime [1]. Mobile ad hoc network is decentralized network so if one node is participating as router for particular time but if that node leave network then it is very difficult to transfer data packets. The main feature of MANET network of self organizing capability of node has advantage and disadvantage as well. By this it is easy to maintain network and convert topology but at same time we need to tolerate data transfer. The MANET is also used for big network and internet but there is no smart objects like IoT which can share information machine to machine. Now rapidly increase internet users worldwide to access global information and technology [2]. IoT is basically used to converge applications and services to open global business opportunities which can use I-GVC (Information-driven Global Value Chain) for efficient productivity.

scholarly journals Permanent Establishment – New Concept

2019 ◽  
pp. 445-456
Author(s):  
César García Novoa
Keyword(s):  
European Union ◽  
New Economy ◽  
Tax Law ◽  
The European Union ◽  
Traditional Definition ◽  
Permanent Establishment ◽  
International Tax ◽  
Definition Of

The permanent establishment is an essential concept in International Tax Law. The traditional definition was based on the existence of a fixed place of business. At present, the new economy requires a change in the concept of permanent establishment. The topic of permanent establishment is based today on the so-called sufficient economic presence. The European Union is working on the definition of a permanent digital establishment.

scholarly journals SMM AS A TOOL OF COMPETITIVENESS OF THE ENTERPRISE IN THE CONDITIONS OF MODERN CHALLENGES

2021 ◽  
pp. 157-167
Author(s):  
T. Lytvynenko ◽  
◽  
S. Yevchenko ◽  
Keyword(s):  
Social Networks ◽  
Social Media ◽  
Technological Progress ◽  
Global Business ◽  
Traditional Media ◽  
Internet Technologies ◽  
Global Brands ◽  
Internet Resources ◽  
Marketing Costs ◽  
Use Of Internet

The activities of modern enterprises are affected by both new opportunities and challenges. An example of the challenges for global business was the spread of the COVID-19 pandemic and related quarantine restrictions. The negative macroeconomic and microeconomic consequences of the pandemic significantly worsened the financial and economic situation of enterprises, led to changes in consumer behavior. Businesses are forced to look for tools to stimulate economic development and increase competitiveness. The development of scientific and technological progress, digitalization make available the use of Internet technologies, in particular in the field of marketing. In Ukraine, as well as around the world, Internet marketing is becoming widespread. At the same time, the possibilities of such an innovation as social media marketing have not yet been properly implemented. Social networks have been created as a tool of entertainment; have become a powerful tool for marketing. They play an important role in establishing business relationships with customers. Social media in today's environment is more popular than traditional media. The use of SMM accelerates the sale of products and services, reduces marketing costs and better implementation of all marketing processes. Social networks allow you to quickly find people depending on interests, age and other parameters, create groups and inform potential consumers about various new products. Advertising on social networks is usually not as intrusive as on other resources and is targeted to a target audience, which is selected by a large number of parameters. To confirm the thesis that SMM is an important tool for the competitiveness of the enterprise in today's challenges, a study was conducted on the basis of the cheese brand - TM "Laguna" of the company "Food Production Ukraine". Analysis of the results of the study showed that "Laguna" in the eyes of consumers is associated with an inexpensive product of relatively low quality, with a "copy" of well-known global brands and loses to them in sophistication. . Given the limited use of offline marketing in quarantine, it was decided to develop a set of actions to influence the consumer through Internet resources. Improvements in SMM have ensured that people are sympathetic to the manufacturer and the product itself.

THE MOUFANG LAWS, GLOBAL AND LOCAL

2009 ◽  
Vol 08 (04) ◽  
pp. 477-492 ◽  
Author(s):  
J. D. PHILLIPS
Keyword(s):  
Present Author ◽  
Inverse Property ◽  
Loop Theory ◽  
Traditional Definition ◽  
Moufang Loops ◽  
Definition Of ◽  
Global And Local

There are many possible ways to define Moufang element. We show that the traditional definition is not the most felicitious — for instance, the set of all Moufang elements in an arbitrary loop, qua the traditional definition, need not form a subloop. We offer a new definition of Moufang element that ensures that the set of all Moufang elements in an arbitrary loop is a subloop. Moreover, this definition is "maximally algebraic" with respect to autotopisms. We also give an application of this new definition by showing that a flexible A-element in an inverse property loop is, in fact, a Moufang element, thus sharpening a well-known result of Kinyon, Kunen, and the present author [6]. Finally, we prove that divisible, Moufang groupoids are Moufang loops, thus sharpening a result of Kunen [9], one of the first computer-generated proofs in loop theory.

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