Digital Commons Network^™

Developing Business Acumen In Chinese Business School Graduates, Rajaram Veliyath, Bonnie Stivers, Joe Hair, Teresa Joyce, Marko Sarstedt

Journal of Emerging Knowledge on Emerging Markets

This study assessed the importance of knowledge, skills, abilities (i.e., KSAs) and competencies for managerial success in China’s market economy. Business students at a major Chinese university were surveyed over a five year period, initially in 2001 and later in 2006, five years after China’s entry into the World Trade Organization (WTO). Using Partial Least Squares (PLS), the explained variances in business acumen and social motivation skills were higher after China’s WTO entry. The results were reversed for communication skills. The results confirmed the predictive relevance of entrepreneurial behavior and adaptability in the model. Overall, the results suggest an enhanced …

Dilemmas Of Diversification: Regional Economic Development And Business-Industrial Clusters In China And Kazakhstan, Hilda C. Eitzen

Journal of Emerging Knowledge on Emerging Markets

Both China and Kazakhstan have established sovereign wealth funds and financial state holding companies, where diversified asset management can move beyond Western financial markets to take multiple stakes in other emerging market businesses, including international private equity, commodities, and real estate. Faced with uncertain returns in the West, China and Kazakhstan are increasingly poised to evolve separate yet mutually cooperative investment projects to further diversify their own state portfolios away from Western capital markets. For instance, China’s financial conglomerate CITIC (China International Trust and Investment Corporation) acquired shares of Kazakhstan’s sovereign wealth fund Samruk-Kazyna. As similar projects emerge in the …

Editor’S In Chief Note, Govind Hariharan

Journal of Emerging Knowledge on Emerging Markets

It is with great pleasure that we bring you this fourth volume of the ICA Institute’s Journal of Emerging Knowledge on Emerging Economies (JEKEM). JEKEM within a short time frame is evolving into a journal that brings to attention topical research in a wide range of critical issues on emerging economies. As the western economies jump from cliff to cliff, emerging economies have also become mired in an eddy. Thought leadership such as those provided in this issue of JEKEM can provide a guiding light as we swim to shore. In that vein, this issue of JEKEM has contributions from …

Flying Towards The Successful Skies: The Emerging Region Multinationals, Roli Nigam, Zhan Su

Journal of Emerging Knowledge on Emerging Markets

Multinationals from emerging regions have long been ignored by practitioners as well as researchers. However, with the ongoing globalization the emerging country multinationals have internationalized and emerged as strong global contenders. Their successful growth has been in spite of various complexities existing in their regions/countries due to economic backwardness along with the late comer disadvantage. Accordingly, their growing significance and participation in the global value chain makes it mandatory that they should be studied in detail and that our understanding about them should develop.

Excellence In Higher Education In India: Way Forward, A. K. Sengupta, Vikram Parekh

Journal of Emerging Knowledge on Emerging Markets

Indian higher education is at a crossroads. Since independence India has seen a proliferation in terms of the number of institutes of higher learning. Unfortunately, this growth has often been accompanied with compromising quality. Besides internal management issues, the external regulation has also focused on inputs rather than process or output. As a result Indian higher education has lost its way in terms of creating new frontiers of knowledge. The emerging global competition & commitment under GATS is likely to make the situation further complex. It is high time the policy makers look seriously into all contours of quality of …

Internationalizing The University: Theory, Practice, Organization And Execution, Barry J. Morris

Journal of Emerging Knowledge on Emerging Markets

Leading universities around the globe have begun to internationalize their campuses. This effort is being driven by historic political and economic changes, changes in the academic and nonacademic environment, and by the strategic imperative for universities to remain at the forefront of its teaching, research and service missions. Universities are being asked to help meet major international challenges, to educate students in their disciplines with a sense of global competence and engagement, and to contribute to local and national economic competiveness. Faculty members must not only remain current in their disciplines globally but must also be aware of developments in …

China Rising In Latin America: More Opportunities Than Challenges, Antonio C. Hsiang

Journal of Emerging Knowledge on Emerging Markets

Relations between the People’s Republic of China and Latin America are characterized more by expanding trade flows and business connections than by establishing traditional political or military ties. China’s emergence in the region is peaceful and constructive. China’s rise in Latin America provides more opportunities than challenges for both Latin American and the United States, because:

First, China behaves as a “responsible stake-holder” in Latin America. Compared with Russia’s “security and military-technical cooperation” with Latin American, China’s engagements have been more constructive. Indeed, China’s purchase of commodity has been the main factor for Latin America’s economic growth in the last …