scholarly journals The Role of Value Appropriation Capability of Chinese Multinationals in Operating Cross-Border Business Models

2021 ◽  
Vol 13 (17) ◽  
pp. 9812
Author(s):  
Hanxu Quan ◽  
George Kwame Agbanyo ◽  
Francesco Caputo ◽  
Tachia Chin
Keyword(s):  
Multinational Corporations ◽  
Value Chain ◽  
Manufacturing Industry ◽  
Business Models ◽  
Global Market ◽  
Marketing Capability ◽  
Value Appropriation ◽  
Cross Border ◽  
Chinese Manufacturing Industry

In an ever increasingly competitive and unstable global market, multinational corporations (MNCs) are greatly pressurised to use inherent capacities and develop effective cross-border business models (CBMs) that can transform value into the desired outcome. Amid high uncertainties, MNCs are required to develop some critical capabilities to operate CBMs to the best of their ability. More specifically, it is vital for MNCs to have a unique capability that enables them to more effectively synergise with these commonly recognised capabilities (e.g., technological innovation capabilities (TIC) and marketing capability (MC) alongside the global value chain (GVC)) to sustain balance among and gain profits with stakeholders. From the literature review, we first identified value appropriation capability (VAC) as one of the most important capabilities and thereby developed three hypotheses. Based on the hypotheses, we investigated how VAC efficiently moderates MNCs’ capabilities to appositely operate CBMs. Then, empirical panel data between 2011 and 2019 in the Chinese manufacturing industry were used to examine the hypotheses. The results reveal that VAC, TIC and MC positively impact MNC performance. Moreover, VAC–TIC interaction significantly improves MNC performance, and VAC–MC interaction positively improves MNC performance. Our findings provide novel insights into the CBM literature by examining the importance of VAC for operating CBMs alongside its multifaceted effects on MNC performance, especially in times of uncertainty.

scholarly journals Cross-Border Open Innovation of Early Stage Tech Incubation: A Case Study of FORGE, the First UK-China Accelerator Program

2018 ◽  
Vol 4 (3) ◽  
pp. 37 ◽  
Author(s):  
Yunming Shao ◽  
Lei Shi
Keyword(s):  
Open Innovation ◽  
Business Models ◽  
Early Stage ◽  
Target Market ◽  
Policy Makers ◽  
Cross Border ◽  
The United Kingdom ◽  
Border Trade

This paper is a case study of FORGE, the first UK-China cross border accelerator program, conducted in the context of TusPark Newcastle, an overseas innovation center by TUS Holdings in the United Kingdom. It engages with current research that examines the role of trust, particularly in the area of cross-border trade. We suggest that this is especially pertinent for early stage technology companies, since in many cases, their products, business models and even founder reputations, are more unformed. We also look at the topic of cross-border incubation, particularly with China as the target market, and provide new insights for understanding the channels and barriers for international commercialization in China for early stage tech startups. Finally, we provide some suggestions for policy-makers on both sides to better coordinate efforts to increase innovation relationships like FORGE.

How Chinese "Snake" Swallows Western "Elephant": A Case Study of Lenovo’s Acquisition of IBM PC Division

2014 ◽  
Vol 15 (1) ◽  
pp. 23-50 ◽  
Author(s):  
Shijia Zhou ◽  
Xueli Huang
Keyword(s):  
Multinational Corporations ◽  
Direct Investment ◽  
Global Market ◽  
Theoretical Development ◽  
Cross Border ◽  
Before And After ◽  
Overall Performance ◽  
Chinese Mncs ◽  
Ibm Pc

Chinese Cross-Border Mergers & Acquisitions (CBMA) have accounted for a majority of Chinese outward direct investment (OFDI) and thus received much academic attention in recent years. Along with China’s integration with global economies, hundreds of Chinese companies have become multinational corporations (MNCs). Equipped with little internationalisation experiences and resources, Chinese MNCs not only struggle to survive intense competition, but also hunt for new opportunities in the global market. As late comers, Chinese MNCs have faced various problems and challenges, particularly in acquiring Western enterprises. Taking the deal of China’s Lenovo acquisition of IBM PC department (PCD) as a case, this paper offers insights into the specific features and characteristics behind Chinese CBMA. The study reveals Lenovo’s unique integration process and thus contributes to the theoretical development of CBMA literature. This study also evaluates the overall performance of Lenovo before and after acquisition of IBM PCD by using both subjective and objective measures.

scholarly journals Logistics Response to the Industry 4.0: the Physical Internet

2016 ◽  
Vol 6 (1) ◽  
Author(s):  
Marinko Maslarić ◽  
Svetlana Nikoličić ◽  
Dejan Mirčetić
Keyword(s):  
Value Creation ◽  
Value Chain ◽  
Industry 4.0 ◽  
Manufacturing Industry ◽  
Business Models ◽  
Decision Makers ◽  
Logistics System ◽  
Global Logistics ◽  
Physical Internet ◽  
Organization Of Production

Abstract Today’s mankind and all human activities are constantly changing and evolving in response to changes in technology, social and economic environments and climate. Those changes drive a “new” way of manufacturing industry. That novelty could be described as the organization of production processes based on technology and devices autonomously communicating with each other along the value chain. Decision-makers have to address this novelty (usually named as Industry 4.0) and try to develop appropriate information systems, physical facilities, and different kind of technologies capable of meeting the future needs of economy. As a consequence, there is a need for new paradigms of the way freight is move, store, realize, and supply through the world (logistics system). One of the proposed solutions is the Physical Internet, concept of open global logistics system which completely redefines current supply chain configuration, business models, and value-creation patterns.However, further detailed research on this topic is much needed. This paper aims to provide a balanced review of the variety of views considered among professionals in the field of Physical Internet with the final aim to identify the biggest challenges (technological, societal, business paradigm) of proposed new logistics paradigm as a practical solution in supporting Industry 4.0.

Orchestration and governance in digital platform ecosystems: a literature review and trends

2019 ◽  
Vol 21 (4) ◽  
pp. 329-351 ◽  
Author(s):  
Sandip Mukhopadhyay ◽  
Harry Bouwman
Keyword(s):  
Literature Review ◽  
Business Models ◽  
Value Appropriation ◽  
Content Type ◽  
Platform Governance ◽  
Design Coordination ◽  
Competing Demands ◽  
Architectural Principles ◽  
Key Aspects

PurposeBecause of the attention increasingly being focused on digital transformation, interest in business models of platform-enabled ecosystems is rising rapidly. Although there are different theoretical views on the role of ecosystems, a synthesis of research, with a focus on governance and orchestration in dynamic, multi-industry eco-systems, is lacking.Design/methodology/approachA systematic literature review was conducted by following a rigorous search protocol in the scholarly databases covering both journal articles and conference papers These papers were subsequently filtered, and finally, 48 relevant papers were selected for analysis.FindingsThe review identifies five key aspects of platform governance design that need close consideration: the meta-organisation or ecosystem design, coordination mechanisms, mechanisms for value co-creation, value appropriation mechanisms and architectural principles. To achieve balance among a set of competing demands, platform leaders need to devote adequate attention to these aspects.Practical implicationsBased on a literature review, the authors provide an overview of underlying theoretical views, research methods and key trends to develop a sound theoretical grounding for research on platform governance design. The paper also suggests research gaps in the existing literature and sets directions for researchers to strengthen the understanding of effective platform governance design. The paper also provides valuable information to managers in developing or leading a successful platform ecosystem.Originality/valueThe paper uses existing literature published in this topic and original in nature.

scholarly journals MNCs and Cross-Border Strategic Management

2021 ◽  
pp. 301-318
Author(s):  
D. Eleanor Westney
Keyword(s):  
Strategic Management ◽  
Multinational Corporations ◽  
Process Approach ◽  
Future Research ◽  
Global Integration ◽  
Cross Border ◽  
Regional Strategies ◽  
Geographically Distributed ◽  
Conceptual Foundations

This chapter focuses on the strategic management of established multinational corporations (MNCs) that operate across multiple locations and how they have addressed the core strategic challenges of how to organize and manage geographically distributed locations. The chapter summarizes the conceptual foundations of MNC strategic management: the global integration / local responsiveness (GI/LR) framework, MNC capabilities for innovation and cross-border learning, the network model of the MNC, and the process approach. This chapter briefly surveys recent research trajectories, including subsidiary management, the role of headquarters, typologies of MNCs, and research on people and processes. Then the chapter identifies questions for future research in terms of four arenas: the changing balance of global integration and local responsiveness, managing regional strategies, cross-border learning in an era of growing resistance to globalization, and MNC responses to global external challenges of climate change and the threat of pandemics.

scholarly journals U.S.-China Technological Rivalry: from “Arrogance” to Boycott

2020 ◽  
Vol 64 (12) ◽  
pp. 70-77
Author(s):  
S. Dmitriev
Keyword(s):  
United States ◽  
Multinational Corporations ◽  
Value Chain ◽  
Manufacturing Industry ◽  
Technological Development ◽  
The United States ◽  
High Tech ◽  
Industrial Complex ◽  
Legal Norms ◽  
The Usa

The spread of the coronavirus pandemic and the slowdown in economic activity in the United States have strengthened the position of supporters of “decoupling” from China. The U.S.-China relations are progressing from “patient integration” to “impatient disengagement”. Escalating research spending, accelerated industrial modernization, and the expansion of China’s high-tech exports have been identified as major challenges to American technology dominance. The fragility of global value chains in cooperative relationships between US and Chinese companies has become particularly evident. The United States plan to free themselves from dependence on China’s innovative technologies and critical materials. Washington’s efforts to revive the country’s manufacturing industry received a new impetus. American TNCs have begun to return some of their enterprises to the USA. The “technological boycott” of China is aimed at causing maximum damage to the development of any competitive business that presents a challenge to American multinational corporations, and to slow down the progressive technological development of the PRC. Equally important are considerations of industrial policy aimed at crowding out competitors. Washington’s protectionist actions led to a reduction in trade and mutual investment and have put American companies targeting Asian consumers in a difficult position. Washington is beginning to fear that Beijing may powerfully respond to the United States with countermeasures that are sensitive to the American military-industrial complex and innovative sectors of the economy. Washington’s aggressive actions are mobilizing China’s efforts to move up the value chain and localize products to achieve self-sufficiency in key technologies. However, the threat remains that protectionism could become a “new normal” not only for U.S.-China relations. The only viable alternative to this scenario may be the joining of efforts of market participants interested in returning to international legal norms of trade.

scholarly journals HALAL-LOGISTICS VALUE CHAIN ON FIRM PERFORMANCES: A CONCEPTUAL FRAMEWORK

2020 ◽  
Vol 1 (2) ◽  
pp. 8-14
Author(s):  
Hasrul Hashom ◽  
Ahmad Shabudin Ariffin ◽  
Rohafiz Sabar ◽  
Hartini Ahmad
Keyword(s):  
Firm Performance ◽  
Conceptual Framework ◽  
Value Chain ◽  
Business Performance ◽  
Business Models ◽  
Green Logistics ◽  
Logistics Service ◽  
Commercial Market ◽  
Conceptual Study

Various research on logistics has been conducted to examine Logistics Service Provider (LSP) firm performances in many angles. This is important since logistics service has become an important industry globally and the trend also absorb in Malaysia`s commercial market. Growing in innovation trend was also effected logistics when demand on green logistics take place in international stages on awareness over environmental issues. In line with this development, halal-value creation concept also emerges and constructively contribute to the sustainability of the industry. Therefore, there is a discrepancy in the study of business models, particularly on the firm performance that have not yet been tested in the role of halal and green logistics as a catalyst for marketing strategies that can benefit a company. Thus, this concept paper will conduct an effort and check previous literature related to business performance to see the direct relationship on halal and green logistics as independent variable toward firm`s performance. Through this conceptual study, halal-green logistics will be dedicating as element of sustainability marketing in firm`s performance; which environmental and contamination issues will be highlights and address accordingly. This study will propose Resource-based View Theory as underpinning theory to prove inclination of relationship between variables. Finally, the paper will provide Halal-Logistics Value Chain conceptual framework as initiative to facilitate the global community of researchers and practitioners in understanding the diversity, meaning, and evolution of the halal-green logistics phenomenon in the context of emerging economies, also as improving firm performance.

scholarly journals Sustainable Production in a Circular Economy: A Business Model for Re-Distributed Manufacturing

2019 ◽  
Vol 11 (16) ◽  
pp. 4291 ◽  
Author(s):  
Chris Turner ◽  
Mariale Moreno ◽  
Luigi Mondini ◽  
Konstantinos Salonitis ◽  
Fiona Charnley ◽  
...  
Keyword(s):  
Business Model ◽  
Value Chain ◽  
Manufacturing Industry ◽  
Business Models ◽  
New Technologies ◽  
Three Dimensional ◽  
Distributed Model ◽  
Chain Model ◽  
Distributed Manufacturing

The emergence of new technologies such as the Internet of Things, big data, and advanced robotics, together with risks such as climate change, rising labour costs, and a fluctuating economy, are challenging the current UK manufacturing model. In this paper, business models for re-distributed manufacture (RdM) are developed using anIDEF (Icam DEFinition for Function Modelling) description to serve as a guide for the implementation of the RdM concept in the consumer goods industry. This paper explores the viability of a re-distributed business model for manufacturers employing new manufacturing technologies such as additive manufacturing or three-dimensional (3D) printing, as part of a sustainable and circular production and consumption system. An As-Is value chain model is presented alongside the proposed new business model for a sustainable re-distributed manufacturing system. Both are illustrated via a case study drawn from the shoe manufacturing industry. The case study shows that there is a need for robust facilities in close proximity to the customer. These facilities are store fronts which can also manufacture, remanufacture, and provide services. The reduction in transportation and increase in customer involvement throughout the process are the main benefits that would accrue if a re-distributed model is implemented in the given industry.

PRODUCT SERVICE SYSTEMS AS A DRIVER FOR BUSINESS MODEL INNOVATION: LESSONS LEARNED FROM THE MANUFACTURING INDUSTRY

2013 ◽  
Vol 17 (01) ◽  
pp. 1340004 ◽  
Author(s):  
VIVEK K. VELAMURI ◽  
BASTIAN BANSEMIR ◽  
ANNE-KATRIN NEYER ◽  
KATHRIN M. MÖSLEIN
Keyword(s):  
Business Model ◽  
Value Chain ◽  
Manufacturing Industry ◽  
Business Models ◽  
Business Model Innovation ◽  
Lessons Learned ◽  
Service Systems ◽  
Study Approach ◽  
Product Service ◽  
Product Service Systems

Firms increasingly rely on business model innovation as a means to face challenges of a world in transition. We identify the conscious integration of products and services, i.e., product service systems, as a valuable strategy to radically innovate product-focused business models. Applying an exploratory multiple case study approach, we uncover five distinct kinds of services that specifically help firms to innovate their business model. These are (1) business consulting, (2) comprehensive services, (3) educational services, (4) financing services, and (5) information management services. The influence of these services on three components of business model innovation (value propositions, value chain architectures, and revenue streams) is discussed. In total, our study emphasizes that integrating specific services with products is an important driver for business model innovations.

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