scholarly journals Research on Agricultural Cooperation Potential between China and CEE Countries Based on Resource Complementarity

Mathematics ◽  
2021 ◽  
Vol 9 (5) ◽  
pp. 503
Author(s):  
Ru Guo ◽  
Xiaodong Qiu ◽  
Yiyi He
Keyword(s):  
Multinational Enterprises ◽  
Evaluation Model ◽  
Market Potential ◽  
Resource Base ◽  
East European ◽  
Agricultural Enterprises ◽  
Resource Complementarity ◽  
Market Opportunities ◽  
Internationalization Strategies ◽  
High Level

Central and East European (CEE) countries are attractive among emerging markets due to a combination of factors such as economic growth and market potential. Although the CEE countries as a whole have a very high degree of connectivity, each country has different market opportunities and external environment, so agricultural enterprises wanting to enter the CEE market must take into account the diverse and complex resource base of CEE countries. In the light of economic globalization, China and CEE countries face mutual opportunities and challenges, and it is necessary to strengthen agricultural cooperation. The potential of agricultural investment cooperation between China and CEE countries is the basis for multinational enterprises to allocate resources and implement internationalization strategies rationally. The purpose of this paper is to analyze theagricultural cooperation potential between China and CEE countries in the perspective of resource complementarity, with a selection of macro data related to agricultural capacity from 2009–2018. In particular, this study examines the differences and complementarities between China and CEE countries in terms of agricultural resource conditions and product output and trade; by constructing an agricultural cooperation potential evaluation model, the entropy value method is applied to predict and evaluate the potential characteristics of agricultural cooperation between China and CEE countries in 2021–2025. The research results show that the current intermittent and episodic nature of agricultural cooperation between China and CEE countries does not match the high or medium-high level of complementarity between agricultural production factors. Thus, agricultural enterprises can utiliza such considerable cooperation potential based on the resource complementarity to develop internationalization strategies and overseas investment.

The Economics of the Soy Kit as an Appropriate Household Technology for Food Entrepreneurs

2021 ◽  
Vol 42 (1) ◽  
pp. 104-115
Author(s):  
Chungmann Kim ◽  
Peter Goldsmith
Keyword(s):  
International Development ◽  
Poverty Reduction ◽  
New Technology ◽  
Research Question ◽  
Development Project ◽  
Small Scale ◽  
Resource Base ◽  
Credit Access ◽  
Feed The Future ◽  
High Level

Background: The ability for women to operate as food entrepreneurs presents opportunities to leverage at-home production technologies that not only support family nutrition but also generate income. To these ends, the Feed the Future Malawi Agriculture Diversification Activity recently launched a development project involving a new technology, the Soy Kit. The Activity, a USAID (United States Agency for International Development) funded effort, sought to improve nutrition utilizing an underutilized local and highly nutritious feedstuff, soybean, through a woman’s entrepreneurship scheme. Objective: The USAID funded effort provides the overarching research question, whether the Soy Kit is a sustainable technology for delivering nutrition and income through a women’s entrepreneurship scheme. If true, then development practitioners will have a valuable tool, and the associated evidence, to address the important crosscutting themes, of nutrition, poverty, entrepreneurship, and women’s empowerment. To answer this research question, the research team first evaluates the underlying production economics of the kit to measure profitability, return on investment, and operational performance. Second, the team qualitatively and quantitatively assesses the kit’s overall appropriateness as a technology for the developing world. Methods: The team follows the schema of Bower and Brown and utilizes descriptive statistics, and financial techniques to conduct an assessment of the economics and technical appropriateness of the Soy Kit technology. Results: The results show a high level of appropriateness across a number of metrics. For example, the payback period from cash flow is under 6 months and the annual return on capital is 163% when entrepreneurs utilize a domestically sourced kit valued at US$80. Conclusion: The technology matches well with the rhythm of household economy, in particular women’s labor availability and resource base. Businesses earn significant returns on capital thus appear to be sustainable without donor subsidy. At the same time, available capital to finance kit entrepreneurs appears to be scarce. More research needs to take place to address the credit access question, in order to make small-scale kit entrepreneur truly self-reliant; the effects on poverty reduction at the household and village level; and nutrition improvement among the consumers.

scholarly journals Effective strategies followed by multinational enterprises expanding into Africa

2020 ◽  
Vol 13 (1) ◽  
Author(s):  
Zihné Coetzee ◽  
Henri Bezuidenhout ◽  
Gabriel Mhonyera
Keyword(s):  
Multinational Enterprises ◽  
Market Potential ◽  
Sub Saharan Africa ◽  
Retail Sector ◽  
International Expansion ◽  
Structured Interviews ◽  
International Partnerships ◽  
Managerial Implications ◽  
Sub Saharan ◽  
Value Add

Orientation: Retail sector multinational enterprises (MNEs) face challenges and follow diverse strategies when they expand into foreign markets.Research purpose: The major aim of this article is to determine how three well-established retail sector MNEs, namely, Walmart, Carrefour and Shoprite, addressed the challenges they faced and structured their market entry strategies in the African continent.Motivation for the study: While the opportunities in Africa are perpetual, breaking into the African market is not so straightforward. It is in this regard that the importance of determining the challenges faced by established retail MNEs in Africa and the valuable lessons that can be drawn by small and upcoming MNEs, from the experiences of these prominent MNEs studied, is exposed.Research approach/design and method: This article employs a mixed-method approach (i.e. case study and semi-structured interviews) to determine the challenges faced by Walmart, Carrefour and Shoprite when they expanded into Africa, and how they overcame those challenges.Main findings: The findings reveal that Walmart and Shoprite possess a substantial footprint in sub-Saharan Africa, while Carrefour enjoys a substantial footprint in North Africa and Francophone Countries of west Africa. Furthermore, Walmart follows a risk-averse approach when expanding into the African continent and only expands into new foreign markets based on the market potential and the ability to succeed. Carrefour’s main strategy is to achieve international expansion into Africa through the acquisition of international partnerships with local and regional firms. Shoprite, on the other hand, maintains that no written strategy was followed when the retail MNE expanded into Africa. It is also evident that external factors are significant for MNEs seeking to invest in Africa.Practical/managerial implications: Not all MNEs expanding into Africa have been successful. Accordingly, the practical value of this article rests upon the lessons that small and upcoming MNEs can learn from the experiences of MNEs that are now well established in African markets.Contribution/value-add: This article contributes to existing foreign direct investment (FDI) literature by identifying challenges that Walmart, Carrefour and Shoprite faced when they expanded into Africa. In addition, lessons that aspiring and small MNEs, specifically in the retail sector, can learn from these three retail MNEs that are now well established in African markets are drawn.

scholarly journals THE MAIN RESERVE OF ACCELERATED EFFECTIVE OPENING OF OIL AND GAS FIELDS IN UKRAINE

2019 ◽  
pp. 31-37
Author(s):  
V. T. Kryvosheyev ◽  
V. V. Makogon ◽  
Ye. Z. Ivanova
Keyword(s):  
Shale Gas ◽  
Oil And Gas ◽  
Research Work ◽  
Oil And Gas Industry ◽  
The United States ◽  
Resource Base ◽  
Hydrocarbon Production ◽  
Oil And Gas Fields ◽  
High Level ◽  
Gas Fields

Economic hardship in Ukraine during the years of independence led to a sharp reduction of exploration work on oil and gas, a drop in hydrocarbon production, a decrease in inventories and a sharp collapse of research work to ensure the growth of hydrocarbon reserves.The hydrocarbon potential of various sources of Ukrainian subsoil is quite powerful and can provide future energy independence of the country. Potential hydrocarbon resources in traditional traps of various types are exhausted by only 25 %. Ukraine has recently experienced so-called “shale gas boom”. The experience of extraction of shale gas in desert areas of the United States can not be repeated in densely populated Ukraine in the absence of such powerful shale strata, resource base, necessary infrastructure, own technologies and techniques and economic, environmental and social risks.Taking into account the fuel and energy problems of the state, we constantly throughout the years of independence oriented the oil and gas industry and the authorities on the active use of our own reserves and opportunities for accelerated opening of new oil and gas fields.The results of geological exploration work in the old oil and gas basins at the high level of their study indicate that deposits in non-structural traps dominate among open deposits.A complex of sequence-stratigraphical, lithology-facies and lithology-paleogeographical studies is being successfully used to forecast undeformational traps in well-studied oil and gas bearing basin of the Ukraine – the Dniprovsko-Donetsky basin. The authors predict wide development of stratigraphic, lithologic, tectonic and combined traps in terrigenous sediments of Tournaisian and Visean age, reef-carbonate massifs of the lower Tournaisian, lower and middle Visean age and others. They should become the basis for exploration of oil and gas fields for the near and medium term and open the second breath of the basin.

Factors of Influence on the Financial Performance of Agricultural Enterprises

2020 ◽  
pp. 220-227
Author(s):  
Mariia Petrova ◽  
Keyword(s):  
Financial Performance ◽  
Economic Activity ◽  
Complex Problem ◽  
Economic Stability ◽  
Agricultural Enterprises ◽  
Technical Innovations ◽  
Factors Of Influence ◽  
Definition Of ◽  
High Level ◽  
The Cost

The article is devoted to the analysis of factors of influence on the increase in financial performance of agricultural enterprises. The approaches of scientists to determine the essence of the concept of profit are analyzed, their own definition of the concept is formed. The system of proof that the company's task is to make a profit, which is the main stimulus of economic activity is provided. Profit ensures the economic stability of the company, guarantees its financial independence. In order to improve financial results, the company is interested in looking for untapped opportunities and reserves, more efficient ways of using resources, producing products for which there is demand, applying organizational and technical innovations that ensure the efficiency of production, etc. Therefore, the study of factors that affect the level of profitability of the company is a very topical topic that requires further research. It has been established that profit is the main financial result and an incentive for the economic activity of enterprises, the main source of its functioning and development. In today's environment, improving financial results is a complex problem. For their continued growth, the company is interested in updating methods of mobilizing hidden opportunities and reserves, preserving existing and attracting additional resources, upgrading production facilities, focusing on the production of goods of constant and high demand, introducing organizational and technical innovations, and constantly improving the efficiency of production. The need for continuous creative analysis of factors that affect the size of the profit is emphasized. Ways to ensure the growth of financial results of agricultural enterprises by reducing the cost of production, adjusting the prices of products, increasing the technological level of production, changing the structure and volume of products, increasing soil fertility, the level of productivity, the most rational use of labor, material and financial potential are explored. All this, combined with the effect, is able to provide the company with a high level of profitability of operation, increase its level of competitiveness, increase the demand for products, develop export potential, attract new investors, update the fixed capital, improve the fertility of the soil, eventually improve the environment.

Ethical and Social Challenges

2016 ◽  
pp. 72-88
Author(s):  
Francisco A Espinoza S
Keyword(s):  
Decision Making ◽  
Developing Countries ◽  
Corporate Culture ◽  
Multinational Enterprises ◽  
Ethical Decision ◽  
Ethical Decision Making ◽  
Social Challenges ◽  
Market Opportunities ◽  
Decision Making Processes ◽  
Moral Free Space

Globalization has been a factor that has brought countries closer worldwide, and Multinational Enterprises (MNEs) are eager to look for new market opportunities in developing countries. This chapter analyzes the implementation of MNEs' global ethical principles in business into local moral standards of societies from developing countries. The author will discuss, using current scenarios, how principles of both moral relativism and moral absolutism can provide a profitable or punishable opportunity within developing countries when MNEs operate accordingly, or not, to ethical decision making processes in business. Additionally, the chapter proposes how MNEs' managers can discover the limits of moral free space, to distinguish a moral value in tension with their own from one that is intolerable. At the end, it is expected that MNEs' managers can apply ethical decision making in business by clearly perceiving and understanding their corporate culture in a developing country society.

A Survey of Object-Oriented Design Quality Improvement

2009 ◽  
pp. 2646-2664
Author(s):  
Juan José Olmedilla
Keyword(s):  
Quality Improvement ◽  
Evaluation Model ◽  
Object Oriented ◽  
Measurement Model ◽  
Design Quality ◽  
Quality Properties ◽  
Object Oriented Design ◽  
Design Improvement ◽  
High Level

The use of object-oriented (OO) architecture knowledge such as patterns, heuristics, principles, refactorings and bad smells improve the quality of designs, as Garzás and Piattini (2005) state in their study; according to it, the application of those elements impact on the quality of an OO design and can serve as basis to establish some kind of software design improvement (SDI) method. But how can we measure the level of improvement? Is there a set of accepted internal attributes to measure the quality of a design? Furthermore, if such a set exists will it be possible to use a measurement model to guide the SDI in the same way software processimprovement models (Humphrey, 1989; Paulk, Curtis, Chrissis, & Weber, 1993) are guided by process metrics (Fenton & Pfleeger, 1998)? Since (Chidamber & Kemerer, 1991) several OO metrics suites have been proposed to measure OO properties, such as encapsulation, cohesion, coupling and abstraction, both in designs and in code, in this chapter we review the literature to find out to which high level quality properties are mapped and if an OO design evaluation model has been formally proposed or even is possible.

Aztec multilatinas: characteristics and strategies of Mexican multinationals

2018 ◽  
Vol 28 (1) ◽  
pp. 2-18 ◽  
Author(s):  
Jose L. Huesca-Dorantes ◽  
Snejina Michailova ◽  
Christina Stringer
Keyword(s):  
Multinational Enterprises ◽  
Stock Exchange ◽  
Geographical Location ◽  
Securities And Exchange Commission ◽  
Data Sources ◽  
Annual Reports ◽  
Content Type ◽  
Making Sense ◽  
The Us ◽  
Internationalization Strategies

Purpose This paper provides an overview of the Aztec 13 – the top 13 multinational enterprises in Mexico. Different from research that groups countries and regions, the purpose of the paper is to deliver a nuanced picture of these multinationals in terms of their key characteristics and the strategies they follow when they internationalize. Design/methodology/approach All data sources that have been identified and reviewed are documents, printed and electronic. The Aztec multilatinas were identified using Forbes Global 2000 (2017). Other data sources such as media texts, company annual reports, reports filed with the Mexican Stock Exchange and the US Securities and Exchange Commission, as well as investor presentations, were collected and analyzed. Data sources were published in English and Spanish. The analytic procedure adopted entailed identifying, selecting, making sense of and synthesizing the data contained in the documents. Findings Aztec multilatinas have specific characteristics which, to a great extent, influence their internationalization strategies. Characteristics include the geographical location of their headquarters, their origin and history, their ownership structure and ties with families and government. These factors, combined, help to describe in greater nuance the internationalization strategies and activities of the Aztec 13. Such a detailed and focused description is a first necessary step for subsequent potential theorizing. Originality/value This paper contributes to the vibrant scholarly conversation on multinational enterprises from less researched regions and countries. Latin America is such a region and Mexico is such a country. Focusing on a single country and its top 13 multinationals allow a comprehensive description and disciplined analysis, with no dangerous generalizations to large regions and even larger settings such as emerging markets multinationals and with no false claims for theorizing.

scholarly journals Cabinets, Prime Ministers, and Corruption: A Comparative Analysis of Parliamentary Governments in Post-War Europe

2018 ◽  
Vol 67 (1) ◽  
pp. 149-170
Author(s):  
Hanna Bäck ◽  
Jan Teorell ◽  
Staffan I Lindberg
Keyword(s):  
Prime Minister ◽  
Control Mechanisms ◽  
Prime Ministers ◽  
Political Actors ◽  
East European ◽  
Parliamentary Democracies ◽  
Time Period ◽  
Post War ◽  
High Level ◽  
Do So

Why are some states more corrupt than others? Drawing on the literature on governance in parliamentary democracies, we suggest that the degree of corruption depends on the ability of key political actors to control ministers who have been delegated power. We argue that the Prime Minister has incentives to limit corruption within the cabinet and has the ability to do so when there are certain “control mechanisms” at hand. One such mechanism is the PM’s ability to fire or demote ministers who are not behaving in accordance with his or her wishes. We hypothesize that governmental corruption will be lower in systems where the constitution grants the PM strong powers. Using a new dataset ( Varieties of Democracy), which provides more specific measures on high-level corruption across a longer time period, we analyze corruption in 26 West and East European democracies over the post-war period and find support for our hypothesis.

scholarly journals New Market Opportunities and Consumer Heterogeneity in the U.S. Organic Food Market

2018 ◽  
Vol 10 (9) ◽  
pp. 3166 ◽  
Author(s):  
GwanSeon Kim ◽  
Jun Seok ◽  
Tyler Mark
Keyword(s):  
Low Income ◽  
Organic Food ◽  
Consumer Heterogeneity ◽  
Income Levels ◽  
Level Of Satisfaction ◽  
Potential Market ◽  
Market Opportunities ◽  
Food Market ◽  
Food Expenditure ◽  
High Level

This paper investigates what factors and characteristics of organic consumers affect annual organic food expenditure by using Nielsen’s consumer panel dataset from 2010 to 2014. To be specific, this paper explores new marketing opportunities by investigating organic consumer heterogeneity in different household income levels by utilizing the multilevel model. Findings in this study will contribute to the previous and existing literature in three-folds. First, we find that the organic consumers are more heterogeneous in the high-level of income groups (approximately above $60,000), as well as the low-income households between $35,000 and $45,000. This finding demonstrates that the income levels above $60,000 and around $40,000 have potential market segmentation. Second, we find that that annual organic expenditure is positively associated with consumers who consecutively repurchase organic food products compared to irregular organic consumers, supporting a different level of satisfaction. Third, we find that USDA organic labeling has a positive effect on annual organic expenditure compared to the organic labeling certified by private companies, implying the importance of credibility for the organic labeling.

scholarly journals The Impact of Venture Capital on the Growth of Small- and Medium-Sized Enterprises in Agriculture

2020 ◽  
Vol 2020 ◽  
pp. 1-8
Author(s):  
Junjuan Du ◽  
Zheng-Qun Cai
Keyword(s):  
Venture Capital ◽  
Evaluation Model ◽  
Multivariate Regression Analysis ◽  
Venture Capitalists ◽  
Enterprise Growth ◽  
Market Opportunities ◽  
Using Data ◽  
Entrepreneurial Activities ◽  
The Impact

Small- and medium-sized enterprises (SMEs) are considered to have potential innovation capabilities and can create new market opportunities. Venture capital can financially support entrepreneurial activities for economic growth and governs and nurtures the growth of the SMEs. The aim of this study is to investigate the influence mechanism of venture capital on the development of SMEs in agri-food industry. Based on the enterprise growth theory, this study constructed an evaluation model, consisting of technological innovation, profitability, development capability, and solvency, to examine the effect of venture capital on the growth of agricultural SMEs. Using data of 40 agricultural SEMs from the SME and ChiNext boards in China, the empirical analysis has been conducted with the multivariate regression analysis method. The results show that the venture capital can significantly improve the technology innovation, profitability, and growth ability of SMEs. For the solvency of SMEs, the promoting role of venture capital is not obvious. Finally, the practical implications of this study for venture capitalists, entrepreneurs, and regulators are discussed.

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