Dynamics of Globalization: Location-Specific Advantages or Liabilities of Foreignness? (Advances in International Management)

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9780857249913: Dynamics of Globalization: Location-Specific Advantages or Liabilities of Foreignness? (Advances in International Management)
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Cross-border flows of goods, services, capital, knowledge, and ideas have substantially increased over the last decades. These developments have increased the interdependencies among previously separated economies, given rise to arguments regarding the flattening of the world. Yet, firms investing overseas continue to experience substantial liabilities stemming from their foreignness. At the same time new locations are appearing on the global map that offers very attractive location-specific advantages. In addition, the range of participants in international competition has widened, in terms of both the number of countries involved and the types of firms competing, to encompass developed market firms expanding beyond industrialized countries, and emerging market firms joining global competition. The focus of this volume is on how the interface between firm-specific advantages, liability of foreignness, and location-specific advantages are spelled out in the more global world.

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About the Author:

Christian Geisler Asmussen - Copenhagen Business School, Denmark
Torben Pedersen - Copenhagen Business School, Denmark
Timothy Devinney - University of New South Wales, Australia
Laszlo Tihanyi - Texas A&M University, USA

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In the first section, Stephen J. Kobrin of Booz & Co. is the featured scholar, and his paper on the transnational transition and the multinational firm is contextualized by several contributions. In the second section, 15 contributions address such topics as home-based advantages, the effects of regional headquarters, overcoming liabilities of foreignness, factors that motivate foreign location of headquarter activities, selecting state or private joint venture partners in emerging markets, small developing country internationalization, and a network perspective of international entrepreneurship at the foreign market level, among other topics. Contributors are business scholars affiliated with academic institutions in Europe, Australia, and the US. Distributed in North America by Turpin Distribution. --Annotation ©2011 Book News Inc. Portland, OR

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Book Description Emerald Group Publishing Limited, 2011. Condition: New. Cross-border flows of goods, services, capital, knowledge, and ideas have substantially increased. This book focuses on how the interface between firm-specific advantages, liability of foreignness, and location-specific advantages are spelled out in the more global world. Editor(s): Pedersen, Torben; Asmussen, Christian Geisler; Devinney, Timothy; Tihanyi, Laszlo. Series Editor(s): Devinney, Timothy; Pedersen, Torben; Tihanyi, Laszlo. Series: Advances in International Management. Num Pages: 472 pages, ill. BIC Classification: KJK. Category: (P) Professional & Vocational. Dimension: 235 x 158 x 43. Weight in Grams: 870. . 2011. Hardcover. . . . . . Seller Inventory # V9780857249913

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