Trading across borders, export intermediaries are specialized service firms that connect domestic manufacturers with overseas buyers. How do they do it? What determines their success or failure? Have they really lowered transaction costs for their clients, minimized agency costs, and possessed competitive resources and capabilities in world trade? Surprisingly, no study until now has answered these questions or has explored the underlying issues as thoroughly as Peng does here.
Peng develops an integrated model of export intermediary performance. He focuses on the nature of export transactions and manufacturer-intermediary relationships which may lead to agency problems, and underlines the importance of valuable, unique, and hard-to-imitate resources and capabilities for intermediaries' competitive advantages. Peng employs a distinct analytical approach that highlights three underlying themes―transactions, agents, and resources―then tests his model with six critical case studies and a 1,000-firm mail survey. Operators of export intermediaries seeking ways to improve their performance, aspiring entrepreneurs studying the export business for niche opportunities, manufacturing executives seeking top quality service from export intermediaries, and government officials in charge of export promotion and pertinent legislation―all will find Peng's book a useful examination of issues critical to their work.
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Mike W. Peng is assistant professor of management at Ohio State University. He received his PhD from the University of Washington, Seattle, with an award-winning doctoral dissertation on export strategy. Dr. Peng consults for various companies expanding into international markets. He is the author of numerous articles in scholarly and professional journals, and has published and presented his work in Canada, China, Germany, Great Britain, Hong Kong, Singapore, South Korea, and the United States.
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Hardcover. Condition: new. Hardcover. Trading across borders, export intermediaries are specialized service firms that connect domestic manufacturers with overseas buyers. How do they do it? What determines their success or failure? Have they really lowered transaction costs for their clients, minimized agency costs, and possessed competitive resources and capabilities in world trade? Surprisingly, no study until now has answered these questions or has explored the underlying issues as thoroughly as Peng does here.Peng develops an integrated model of export intermediary performance. He focuses on the nature of export transactions and manufacturer-intermediary relationships which may lead to agency problems, and underlines the importance of valuable, unique, and hard-to-imitate resources and capabilities for intermediaries' competitive advantages. Peng employs a distinct analytical approach that highlights three underlying themestransactions, agents, and resourcesthen tests his model with six critical case studies and a 1,000-firm mail survey. Operators of export intermediaries seeking ways to improve their performance, aspiring entrepreneurs studying the export business for niche opportunities, manufacturing executives seeking top quality service from export intermediaries, and government officials in charge of export promotion and pertinent legislationall will find Peng's book a useful examination of issues critical to their work. How well have U.S. export intermediaries been doing, and how have their clients benefited are the crucial questions explored in this study of a resource in world trade. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781567201529
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