International Business Commons^™

Integrating Business Opportunities In An Emerging Asian Economy: Perspectives From Singapore's Gambit In Vietnam, Ai Lin Leong, David David, Caroline Yeoh

Research Collection Lee Kong Chian School Of Business

To date, Singapore’s regionalization strategy has been applied in China, India, Indonesia and Vietnam through the establishment of industrial parks. The nexus between these ‘clones’ is the implantation of Singapore’s positive business ethos amidst more uncertain host environments. Leveraging on world-class infrastructure, efficiency and location-specific advantages, these industrial parks present themselves as low-cost investment enclaves. This paper focuses on the regional industrial development project assembled, administered and promoted by the sovereign national governments of Singapore and Vietnam. Using in-depth case studies, it examines the push-pull factors for firms with different structures. It finds that progress in this privileged foreign investment …

Extending Economic Space: Some Empirics On Singapore's Gambit In Bangalore And Hyderabad, India, Kevin Wongso, Caroline Yeoh, Lu Gao

Research Collection Lee Kong Chian School Of Business

No abstract provided.

Obesity, Educational Attainment, And State Economic Welfare, Martin W. Sivula Ph.D.

MBA Faculty Conference Papers & Journal Articles

For the first time in history, estimates of the overweight people in the world rival estimates of those malnourished. The World Health Organization (WHO, 2002) ranked obesity among the top 10 risks to human health worldwide. In the early 1960s, nearly half of the Americans were overweight and 13% were obese. Today some 64% of U.S. adults are overweight and 30.5% are obese. Even more alarming, twice as many U.S. children are overweight than were twenty years ago, a 66% increase. Non-communicable diseases impose a heavy economic burden on already strained health systems. Health is a key determinant of development …

Integrating Business Opportunities In Contiguous Economies: Perspectives From Singapore's Gambit In Indonesia, Caroline Yeoh, Sang M Lee, W. Ra Jang

Research Collection Lee Kong Chian School Of Business

No abstract provided.

Exporting Expertise: The Singapore Experience In Vietnam, Caroline Yeoh, Siang Yeung Wong, Amrit Vaidyanath

Research Collection Lee Kong Chian School Of Business

Infrastructure can be unreliable and administration subject to corruption in Asia’s rapidly emerging economies. This context presented Singapore with unique opportunities to export its ‘positive reputation’ to locations where these attributes are less certain. The strategic initiative is premised on the perception that Singapore’s good relations with multinationals, as well as ‘guanxi’, or connections, with Asian business networks, will give the industrial-township projects a marketing advantage. To complement the extensive literature on Singapore’s flagship projects in Indonesia and China, this paper takes a closer look at Singapore’s lesser-known project in Vietnam. Evidence from on-site surveys is presented. It finds that …

The Global Emerging Market In Transition: Articles, Forecasts, And Studies, Vladimir Kvint

Economics

A compendium of the work of Vladimir L. Kvint, Global Emerging Market in Transition: Articles, Forecasts, and Studies is an essential guide to understanding the intricacies behind global trends and emerging markets. Starting with the explanations and definitions of global trends, classifications of different perspectives of emerging markets, and the general understanding of the nature of modern global emerging markets, Professor Kvint moves the reader through the current emerging markets in Europe, Central Asia, and Latin America, providing analyses and forecasts. He then presents an in-depth analysis of today’s largest emerging market—Russia. Professor Kvint stresses the importance of Russia’s move …

Entry Mode And Performance In A Transitional Economy: A Framework For Foreign-Invested Enterprises In China, Howard Davies, Jin K. Han, Namwoon Kim, Jae H. Pae

Research Collection Lee Kong Chian School Of Business

A conceptual framework is developed, bringing together entry mode, the influence of state officials, and the adoption of a customer-driven orientation in order to explain the performance of foreign-invested firms in a transitional economy. The model is tested on a sample of firms in China across eight provinces and cities, spread across the relatively developed South Coast, the Central Belt formed by Shanghai and the Yangzi basin and the less-developed North and West. We find that the decision to enter through a joint venture reduces the customer focus of the enterprise. Contrary to expectation, however, we find no positive relationship …

The Organisation For Economic Cooperation And Development, Richard Woodward

Articles

This article reviews the role of the OECD, a much cited but little studied institution, in global governance.

Cuba's Energy Challenge: Fueling The Engine Of Future Economic Growth, Jorge R. Piñón

Institute for Cuban & Cuban-American Studies Occasional Papers

No abstract provided.

Economic Stabilization In Bulgaria Via A Currency Board Arrangement, Maria S. Maximova

Capstone Research Projects

No abstract provided.

China And The Usa: An Analysis Of Intercultural Training Methods In The Corporate Environment, Paula Kay Krueger

Theses Digitization Project

This project presents the cultural significance of establishing and maintaining business relationships with Chinese counterparts. It includes sample training modules to provide intercultural training for all firms engaged in business with China.

Minimization Of Currency Risk Exposures By Developing Foreign Currency Trading Strategies For A Multinational United States Company, Korhan Cam

Theses Digitization Project

This paper presents a case study of developing foreign currency trading strategies for trading operations for a multi-million dollar company that sells analytical products and services to European countries. The analysis provides a general framework for managing currency risk exposures for U.S. Multinational companies.

Reducing Exchange Rate Risk And Exposure: The Value Of Foreign Exchange Currency Hedging Strategies, Sean Mccarron

Theses Digitization Project

The topic researched for this project will be foreigh exchange hedging; the available forms, the uses, the procedures, and the value. This project will expand beyond the typical research and examine the value of hedging through the use of different foreign exchang currency trading strategies to small multinationational corporations.

Knowledge Flows And Economic Development Through Microenterprise Collaboration In Third-Sector Communities, Raymond M. Jones, Roger J. Kashlak, Audra M. Jones

New England Journal of Entrepreneurship

"The U.N. once dealt only with governments. By now we know that peace and prosperity cannot be achieved without partnership involving governments, international organizations, the business community and civil society. In today’s world we depend on each other.” Kofi Annan, UN Secretary (1999).

As emphasized by Secretary Annan’s quote, the global community is increasingly concerned with economic development and promotion of democracies is focusing on developing programs to stimulate partnerships among three distinct sectors: government sector, civil society and private sector, including locally based and international entrepreneurs. The modern organization is becoming increasingly informed in its strategies and practices by …

Embedded Co-Operation In The Context Of Singapore's Regionalization Program: The Batamindo Experiment Revisited, Caroline Yeoh, Adeline Kwan, Siang Yeung Wong

Research Collection Lee Kong Chian School Of Business

The development of Singapore-styled industrial parks has resided on the country’s ability to negotiate investment concessions at inter-government level, to provide superior infrastructure, and where existing, through the links to influential business groups in the investment location. Singapore’s first transborder industrialization project in Batam (Indonesia) reflects this stratagem. This paper revisits the debate on the attractiveness of the low-cost investment enclaves for multinational investments, with insights from Batamindo Industrial Park. Through evidence from on-site interviews and case studies, this paper concludes that while the project’s progress to date has been largely overshadowed by socio-political uncertainties in the host environment, its …

Including Organizational Cultural Parameters In Work Processes, Holly A. H. Handley, Nancy J. Heacox

Engineering Management & Systems Engineering Faculty Publications

Recent work in modeling decision-making work processes has focused on including the national culture of individual decision-makers in order to emphasize the differences in decision criteria between decision-makers of different nationalities. In addition to nationality, a decision-maker is also a member of an organization and brings this organizational culture to his role in the work process, where it may also affect his task performance. In order to represent the organizational impact on the work process, five organizational cultural parameters were identified and included in an algorithm for modeling and simulation of cultural difference in human decision-making. While the five modifiers …

Elements Of Infrastructure: Factors Driving International Entrepreneurship, Stephen K. Callaway

New England Journal of Entrepreneurship

This article focuses on "born globals" (Knight and Cavusgil 1996) and interfirm resources to explain international entrepreneurship. The theory posed here challenges the traditional image of international business as a long, gradual process not occurring until later in the life cycle, and applying only to large multinational corporations (MNCs).

Increasingly, new ventures must expand their operations internationally early in their history in order to be competitive (Oviatt and McDougall 1994), and require infrastructure (Van de Ven 1993), or interfirm resources, for success. Specifically, firms may rely on three factors to expand internationally: cost factors, unique global resources, and networks.

At A Distance: Learning About Cross-Cultural Virtual Teams In An International Management Course, Mikael Søndergaard, Marta Calás, Paul Donnelly

Books/Book Chapters

This chapter narrates our experiences designing and teaching an international management course which was technologically enhanced to include cross-cultural interactions between the US and Denmark. Our rationale, that issues regarding globalization have accelerated the need to bring together through virtual means people from different cultures to engage in collaborative performance at a distance, was addressed in the context of theoretical concerns regarding cultural differences. We discuss the theoretical premises on which we based the course, illustrate the three core distance activities that we designed for these purposes, evaluate the general outcome in light of our objectives, and assess their value …

An Examination Of Cross-Cultural Understanding In A Global Automotive Company, A. Dale Phillips

Dissertations

Purpose of the Study

Global Motors o f the United States and Baumgart AG of Germany came together to produce an automobile that was marketable in both countries. Since this project involved people from two cultures, the purpose of this study was to examine perceived cultural markers at work during this joint vehicle development project by identifying these markers and investigating their effects on the overall success of the joint-venture project.

Methodology

I chose to use a qualitative methodology, specifically focus groups. All engineers who worked on the project team received an email inviting them to participate and assuring them …

Transnational Labor Mobilizing In Two Mexican Maquiladoras: The Struggle For Democratic Globalization, Victoria Carty

Sociology Faculty Articles and Research

The struggle to improve workers' rights in Mexican maquiladoras and export processing zones elsewhere in the world is central to the politics of global economic integration. State-centered development is increasingly compromised by supranational institutions and trade agreements. Meanwhile, multinational corporations are relocating at an unprecedented rate to overseas locations. Export processing zones are notorious for poor working conditions and result in a "race to the bottom." The maquila sector in Mexico is a prime example of this phenomenon. This article uses two case studies to examine ways in which grassroots organizing has successfully resisted low wages and poor working conditions …

Building A Better World, Pierre Landell-Mills

Human Rights & Human Welfare

A review of:

The Global New Deal: Economic and Social Rights in World Politics by William Felice. Lanham, MD: Rowman & Littlefield, 2002. 204pp.

Global Economic Forces And Individual Labor Rights: An Uneasy Coexistence, Alice De Jonge

Human Rights & Human Welfare

A review of:

Workers’ Rights as Human Rights edited by James A. Gross. Ithaca: Cornell University Press, 2003. 272pp.

and

International Labor Standards: Globalization, Trade, and Public Policy edited by Robert J. Flanagan and William B. Gould IV. Palo Alto: Stanford University Press, 2003. 275pp.

From Relations To Rules: A Theoretical Explanation And Empirical Evidence, Shaomin Li, Daniel A. Bell (Ed.), Hahm Chiahark (Ed.)

Management Faculty Publications

(First Paragraph) There is a general perception that people in the East rely more on guanxi (relations, or informal social networks) to govern economic transactions and manage business activities than people in the West. A large quantity of literature on the difference has been produced. One of the dominant views argues that the difference is due to culture, which is treated as an exogenous variable.1 These studies on culture as the determinant of different management and governance style have helped us gain insight on how businesses are conducted in different regions of the world and on how cultures differ through-out …

Exporting Expertise And Extending Economic Boundaries: Extrapolations From The Singapore Experience In Bangalore, India, Siang Yeung Wong, Priyam Saraf, Caroline Yeoh

Research Collection Lee Kong Chian School Of Business

No abstract provided.

Singapore's Regionalization Blueprint: A Case Of Strategic Management, State Enterprise Network And Selective Intervention, Caroline Yeoh, Chee Sin Koh, Charmaine Cai

Research Collection Lee Kong Chian School Of Business

No abstract provided.

The Drivers And Antecedents Of Satisfaction, Trust, Commitment, And Loyalty Among Chinese Customers, Yun Chu

Theses and Dissertations - UTB/UTPA

This dissertation explores the relationship between satisfaction, trust, commitment, and loyalty among Chinese customers. The selection of China as the location for this study is due to a number of factors. China's economic expansion and recent ascension to full membership within the World Trade Association (WTO) has generated “excitement, uncertainty, and fear” (Ghoshal, 2003). In the recent past trade with China has grown at on average of 15 percent a year and foreign direct investment (FDI) into the country has grown even faster (Ghoshal, 2003). This growth may result in an interesting paradox. If China maintains just two thirds of …

The Effect Of Personal And Managerial Capitalism On Firms' Capabilities In Colombia's Grupos Económicos, Carmen Leonor Martinez-Lopez

Theses and Dissertations - UTB/UTPA

Researchers have investigated business groups or grupos económicos and personal and managerial capitalism as separate topics. This dissertation integrates these concepts in order to study the effect of personal and managerial capitalism on firms' performance in Colombia's grupos económicos. Colombian grupos económicos were selected as the sample for this study for a number of reasons. For example, Colombian is ranked first in Latin America in the overall ranking for world competitiveness for countries with a population greater than 20 million (The World Competitiveness Year book, 2003). Although small by international standards (Reinhardt and Peres, 2000), since at least the …

The Impact Of The Costs Of Subscription On Measured Ipo Returns: The Case Of Asia, Joseph K.W. Fung, Louis T. W. Cheng, Kam C. Chan

GFCB Working Paper Series

Asian initial public offerings (IPOs) require investors to pay subscription funds up-front upon submission of applications, and these funds are locked-up for one to three weeks without interest. Hence, the IPO process entails an explicit financing cost (opportunity cost) whether investors borrow funds or use their own funds to apply for IPO shares. The IPO subscription costs are not trivial, especially in a high interest rate environment or when an IPO is highly oversubscribed. These costs should be considered in any comparison of IPO returns across countries.

The Impact Of Cultural Values On Email Acceptance : Evidence From The Prc, Linjun Huang

Lingnan Theses

Global deployment in information technology (IT) requires understandings of the cultural constraints in technology acceptance and usage behavior. Prior research indicates that the salient technology acceptance models may not be applicable to all cultures since empirical support was mainly obtained from North America. Cultural impact on user acceptance is still at the early stage of research. There has been little research done on technology acceptance and usage behavior in the context of China, which exhibits distinctive cultural differences from countries in North America. The purpose of this thesis is to test the cross-cultural applicability of Technology Acceptance Model in the …

Singapore's Regionalization Gambit: Insights Form The Suzhou-Wuxi Experiment, Caroline Yeoh, Jerel Chye Hock Lee, Clare Yenping Lee

Research Collection Lee Kong Chian School Of Business

No abstract provided.