Why exporting is still the main international business mode from emerging economies Evidence from institutional perspectives on the exporting RMG sector of Bangladesh

2021 ◽  
Vol 4 (2) ◽  
pp. 178
Author(s):  
Md. Fahmidul Hoque ◽  
Adhora Zaman ◽  
Tarun Kanti Bose
Author(s):  
John Child

Small and medium-sized enterprises (SMEs) have considerable economic significance in emerging economies. They provide the greater proportion of employment and create many new jobs. They have a major potential role in such countries’ economic development through the promotion of innovation and entry into the world market. This chapter examines the innovation and internationalization strategies pursued by emerging economy SMEs (EE SMEs) and the factors influencing these. Innovation and internationalization tend to be mutually reinforcing, though the role they play in SME business models can vary according to the context, such as the industry to which an SME belongs. The chapter is organized in terms of four major analytical perspectives which inform studies of international business and international entrepreneurship. These are (1) the contextual perspective (with special reference to institutions); (2) the resource-based view; (3) the network perspective; and (4) the entrepreneurial perspective. Between them, these perspectives identify many features of the environment, the firm, and its leaders that are relevant to understanding innovation and internationalization among EE SMEs. While each perspective has its own distinct focus and rationale, the factors they highlight are in practice connected.


2019 ◽  
Vol 16 (1) ◽  
pp. 76-85
Author(s):  
Peachayanant Lorvoralak ◽  
Winai Wongsurawat

The internationalization of dominant market leaders such as Haier (China), Tata Group (India) and CEMEX (Mexico) in emerging economies has attracted immense amounts of interest among academic researchers. A less-explored area is how non-dominant, second-movers venture into the international market. How do small players connect with foreign customers while operating in the shadows of the industry leader? What decisions are serendipitous and what actions are deliberate? What are the key environmental factors and internal decisions that propel a secondary player to place more chips in the international market? This case study addresses these questions using an example of a construction material manufacturer from Southeast Asia. It is suitable as a discussion starter in an international business class, especially for topics such as entry strategy, export marketing and the organization of international business.


2015 ◽  
Vol 89 (3) ◽  
pp. 415-445 ◽  
Author(s):  
Alain Verbeke ◽  
Liena Kano

The recent surge of emerging-economy multinational enterprises (EMNEs) has prompted a debate on whether existing international business theory—particularly internalization theory—can accommodate this phenomenon. Our view is that no new, EMNE-centric theory is required to study EMNEs. Using historical evidence, we argue that “new” internalization theory is sufficient to address the complexity of EMNEs, and we illustrate our argument with examples of ten successful EMNEs from Asia and the Americas. We further argue that a business history lens can illuminate the behavior of developed-economy multinationals. We show how management scholars can advance their research agendas by engaging with business history and how business historians can use internalization theory to analyze the history of multinationals.


2019 ◽  
Vol 11 (4) ◽  
pp. 1013 ◽  
Author(s):  
Runhui Lin ◽  
Yuan Gui ◽  
Zaiyang Xie ◽  
Lu Liu

With the global consensus on the need for sustainability practices, green governance has attracted increasing attention from international business (IB) scholars and multinational enterprise (MNE) managers. In this study, we propose a more fine-grained framework of the green governance context along two dimensions: foreign direct investment (FDI) policy and environmental regulation. Then, we examine the framework using cluster analysis. On the basis of a multiple-case study comprising 11 Chinese MNEs in pollution-intensive industries operating in four different green governance contexts, we conclude that (1) the green governance context is a significant factor in MNEs’ global location choices and is an important driving force behind MNEs’ response patterns; (2) environmental capabilities enable MNEs to surmount a host country’s environmental entry barrier and facilitate wider global business deployment; (3) technological capabilities increase MNEs’ competitive edge and allow them to better harness a host country’s growth opportunities; (4) there are four types of green governance response patterns, and the details of the proposed classification structure and its validation are presented; and (5) both strict environmental regulation and friendly FDI policy can positively influence MNEs’ adoption of more active response patterns, and greater availability of environmental and technological capabilities does not affect MNEs’ environmental commitment. This study contributes to the international strategy-capability-environment alignment of emerging economies’ multinational enterprises (EMNEs) in different green governance contexts.


Author(s):  
Eva Cristina Manotas ◽  
Maria Alejandra Gonzalez-Perez

Purpose This paper aims to introduce the use of hazards functions for studying the relationship between internationalization and performance in small and medium-sized enterprises (SMEs) from emerging economies. Design/methodology/approach Hazards functions analysis is applied to a sample of 64 companies, previously grouped into two subsets of manufacturing SMEs from an emerging economy. The first group contains firms that have attained an accelerated internationalization. And the second one those that have followed a sequential internationalization. Findings The results show strong evidence that internationalization positively affects the probability of a better performance, and therefore more competitiveness of SMEs. Practical implications The proposed methodology is an invitation to use models other than linear regression to explain the relationship between internationalization and performance, studying the risk function of poor performance, whose characterization in the lifetime of SMEs. The result of this study clearly illustrates how internationalization affects the performance of SMEs for both those SMEs with accelerated internationalization and those with a sequential process of internationalization. Social implications The implementation of quantitative methodologies, such as the analysis of hazards, has implications in the social practice of research in international business, by inviting the return of data from primary sources, obtained from direct sources, which, although they are not large samples, they are representative, and therefore the results of the well-applied methodology offer powerful and high-reliability information. Irreproducible and non-replicable research results threaten the credibility, usefulness and the very basis of all scientific fields. Studies in entrepreneurship, management and in international business are not exempt from this problem that affects the ethics and credibility of research works. Originality/value A literature review is presented exposing the disadvantages of the use of traditional correlation methodologies and proposes the methodology traditionally used in industrial engineering studies of hazard functions as a simple option, free of previous assumptions about the relation between internationalization and performance. Finally, the methodology is subjected to triple testing of conceptualization and measurement of internationalization, performance and the relation between internationalization and performance.


Sign in / Sign up

Export Citation Format

Share Document