Culture in the PRC

Author(s):  
Ramon J Venero ◽  
Yunshan Lian

As the second largest economy in the world and one of the BRIC countries, China has been a major inward FDI receiver and competing ground for MNEs. Entry mode strategy has become a critical factor to the success of MNEs in China. Common among different approaches is sensitivity to the cultural nuances of Chinese society and, in particular, to the norms of government actors at the Central, Provincial and Local government levels. The role of culture in inward FDI presents unique challenges and opportunities to MNC's in establishing a presence in one of the world's largest market. Entry strategies are discussed as well as the role that culture played in specific MNC's entries. The recent anti-corruption campaign in China has brought much attention from the outside world. Its impact on MNEs business model in China was discussed in this study. Implications for HR practitioners and managers are reviewed as well.

2018 ◽  
Vol 3 (1) ◽  
pp. 32
Author(s):  
Vita Elysia ◽  
Ake Wihadanto

Local Government of Magelang Regency initiates the Sister Village Program after Mount Merapi Eruption in 2010. The idea of this program is to connect villages at risk from Merapi eruption to partner villages with less risk in the surrounding regions. This program is part of post-disaster recovery initiatives at the local level which includes planned evacuation routes, shelters, provision of food and other daily essentials. This paper aims to shed light on the role of sister village program in promoting community resilience after the volcanic eruption of Merapi. It is found that the system of sister village program can fulfill many aspects of community resilience components. Considering Indonesia is one of the most disaster-prone countries in the world, this program should be regarded as a good example to be replicated in other prone areas in the country.


Author(s):  
Vlasios Sarantinos

The chapter explores the impact globalization has created for the higher education sector, looking at how the landscape evolved across the world and how the role of universities has been transformed. Extending the analysis further, there is an investigation of how institutions have tried to respond to the emerging challenges and opportunities presented as a consequence of the shifting field. The focus then moves to the African continent and peruses the particular development of higher education under the influence of colonial legacy and globalization, examining how institutions have endeavored to adapt. The chapter draws to an end with a reflection of the main issues, inherent limitations, and how the research agenda could be taken further.


Author(s):  
Catherine Wilson

‘The Epicurean legacy’ begins by reviewing the Epicurean philosophy outlined in this VSI. It concludes that the Epicurean depiction of the world was both inspiration for and anathema to generations of later philosophers and their readers. The moral, political, and theological ideas associated with it stimulated metaphysics, science, and social thought, arousing at times furious resistance. Epicureanism is not a fatalistic philosophy. It lays great weight on human choices and preferences, and on the role of chance in presenting challenges and opportunities that call on our powers of invention as well as our rationality. It is also the most compassionate of the ancient ethical systems.


2019 ◽  
Vol 6 (1) ◽  
pp. 1
Author(s):  
W M I Udayanganie ◽  
Mazuki Jusoh ◽  
Karuthan Chinna

The purpose of this research is to assess the role of cognitive variables on intention to entrepreneurial behaviour of engineering undergraduates in engineering undergraduates in Sri Lanka. Entrepreneurship is one of the key drivers of an economy. Individuals with entrepreneurial mind create wealth and majority of jobs in the economy. Entrepreneurship for engineers is not new to the world. Recent changes in the world and engineering present both challenges and opportunities to engineering education. Engineering education is changing to meet these challenges. Instilling an entrepreneurial mindset in undergraduate engineers is essential if we want the bright young talent to innovate and then productize those innovations to better mankind. A study was conducted with the sample of 202 final year undergraduates in engineering faculties in Sri Lanka. Exploratory Factor Analysis, Multiple Regression and Structural Equation Modeling were applied with use of SPSS and AMOS to analyze the relationships of these variables. The results reveal that Entrepreneurial Cognition have significant positive associations with entrepreneurial mindset of engineering undergraduates and there are significant associations between Arrangement, Willingness and Ability with the entrepreneurial Mindset and Entrepreneurial mindset with Intention to entrepreneurial behaviour.


2018 ◽  
Vol 24 (1) ◽  
Author(s):  
Arthur A Boni

In the first section of this monograph, titled “Bridging Theory and Practice for Commercialization and Innovation – a market-centered perspective for cross-industry applications”, we outlined a number of overlapping theories or models dealing with innovation. Theories, when well stated and proven, are basically statements of causality. Scientists and technologists use them all the time to predict physical or chemical phenomenon for example. However, whether or not we explicitly recognize them as such, theories also exist in the business world and can be useful as guides to behavior and decision making. These models serve as lenses through which “the world” is viewed and that enable predictions, or forecasts to be made. However, they may also act as “blinders”, limiting our ability to see that which may not fit into our existing models. As the famous statistician, George Box said in an often-repeated quote, “essentially, all models (theories) are wrong, but some are useful.”


Author(s):  
Christian Voegtlin ◽  
Andreas Georg Scherer

This chapter discusses the new role of businesses as responsible innovators. The world is facing “grand challenges” of sustainability, and business will play a crucial role in contributing to a sustainable future by providing innovative solutions that avoid further harm and actively do good. Particular challenges and opportunities are highlighted across the spectrum of economic sectors and firm-specific capabilities for corporate governance and responsible leadership that are conducive to responsible innovation are addressed. The chapter concludes with an agenda for future research into this new role for business firms.


2019 ◽  
Vol 13 (3) ◽  
pp. 556-572
Author(s):  
Shiva Ebneyamini ◽  
Reza Bandarian

Purpose Technology is named as the most important element of creating the competitive edge in today’s turbulent environment and a key factor of survival in technology-intensive industries. Oil and gas industry is one of the most important, complex, and technology-driven amongst the global industries. “The purpose of this study is to highlight the role of the technology in the the global oil game and argue that in order to survive and maintain the competitive advantage, players need to follow technological advancements closely and consider technology as the critical factor in their business models.” Thus, the aim is to answer the question: does technology have an impact on the business model innovation in the oil and gas industry? Design/methodology/approach In this paper, the authors conduct an in-depth review of previous studies of oil and gas industry, main players, the role and evolution of technology in each player’s business model and present future challenges and trends of the industry. Findings Theoretically, the results of shows that the relation between the technology and business model in oil and gas industry is defined as a two way interaction which is in line with the theory presented by Baden–Fuller and Haefliger (2013); thus it helps the robustness of the theory as well. We argue that technology gained a “game changer” status in the oil and gas industry, beside all the fundamental premises on which business model is built on, having technology seems to be the key element of survival and the ability to develop in-house or have access to the latest ones in the right time can help the market share, revenue and leadership status. this key element can reinforce other pillars of powers in the oil and gas industry. Originality/value Most of the research in the oil and gas industry are practical, focusing on a specific technology, clean energy issues, regulations, and policies, etc. There exist few studies that present the theoretical issues in the industry or test the theories to see if this important industry falls within them or not. As follows, this study is about to address this gap and observe the dynamics in the oil and gas industry with an academic lens.


2013 ◽  
Vol 1 (1) ◽  
pp. 20-25 ◽  
Author(s):  
Lee Humphreys

This article explores the future research opportunities and challenges of mobile social media. First, I problematize what constitutes the boundaries of mobile social media. Distinctions between location-based mobile social networks and non-location-based mobile social networks are established to suggest that the mobility of social media is in fact much broader than location alone. Second, several key theoretical questions are identified for future exploration, including micro, meso, and macro-level theories. Lastly, methodological challenges and opportunities are reflected upon and culminate in the call for multi-disciplinary programs of research to fully understand the role of mobile social media in the world today.


Author(s):  
Wolfgang Pfau ◽  
Philipp Rimpp

AbstractThe world of AI offers new opportunities for companies and is therefore of particular interest to entrepreneurs at potentially every level impacting their business. The following article therefore tries to classify the roles of artificial intelligence (AI) applications on the strategic level and their influence on business models. By means of case studies, current business practice will be examined to give entrepreneurs and researchers an understanding of this technology, by providing practical examples so that they can pursue their own AI path. The analysis is based on case studies that examine the role of AI in a company’s business model, both for new market participants in the form of start-ups and incumbents such as the tech giants. By means of case studies, both sides of the extremes are covered in order to provide a picture of the scope of the applications. Insights from these case studies are processed to develop a classification scheme of the influence of AI on business models. Furthermore, the interaction of the different innovation possibilities of AI is compared and with that the importance for the innovative power of companies. Additionally, strategy types are developed on the basis of the presented classification scheme, but give entrepreneurs a suggestion for their own AI path in terms of AI applications to consider. Further, research could consider the influence of the presented AI roles in business models, especially the AI-driven business model is of interest here.


2021 ◽  
Vol 14 ◽  
pp. 197-215
Author(s):  
Ringolds Balodis ◽  
◽  
Edvīns Danovskis

This article analyses the ways for ensuring continuity of operation of the state collegial decisionmaking authorities – the Saeima [the Parliament of the Republic of Latvia], the Cabinet and the local government councils during Covid-19 pandemic. The work of the parliament, the government and local government in the emergency situation is examined, mainly focusing on the initiated form of remote work. Notably, in this respect, Latvia’s experience is unique since the Saeima’s e-platform is one of the first instances in the world where the parliament fully operated in the virtual environment. The article also analyses the role of the Cabinet as the crisis management centre during the emergency situation, focusing also on accessibility and other problematic issues in the remote proceedings of the local government councils and committees. The article concludes that successful solutions were found for the parliament’s work in the virtual environment within the existing legal framework. In the emergency situation, the local government councils and their structural units also had to try the forms of remote work. Additionally, the authors of the article have tried to provide assessment to determine which digital solutions employed during the pandemic should be used in post-crisis situations.


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