...CONTENT 1.Introduction 2 2. IB theories (IDP, ILO) and their invalidation for IB firms from NICs 2 2.1 IDP paradigm: 2 2.2 OLI theory 3 3. Globalization and IDP paradigm 4 4. Samsung’s role in the outpacing of IDP position of Korea 6 4.1 Development of technology capability 7 4.2 Crisis management creation and human resources management 7 4.3 R&D support and technology capabilities 8 4.4 Financial resources transferred within the group 8 5. Conclusions 9 References 11 1. Introduction Since the early 1980s, the world economy has experienced rapid ‘globalization’. Globalization has changed the pattern of trade, foreign direct investment (FDI) in world economic activity. One remarkable change lies in the once widely used investment development path (IDP) paradigm. In many newly industrialized countries, MNEs have accelerated their internationalization, leading to an increase of outward FDI from those countries on a scale earlier than the IDP would suggest. This report introduces some IB theories such as OLI and IDP, and explains why these theories are more useful for describing the internationalization process of large established IB firms but less so for IB firms from newly industrialized countries. Also, the role of globalization in changing the predictions of IDP paradigm as well as how Samsung took a major role in enabling Korea to outpace its IDP position have been illustrated in this report. 2. IB theories (IDP, ILO) and their invalidation for IB...
Words: 2699 - Pages: 11
...migrate across the globe. A few different categories can explain a majority of the causes of why people move. People are considered labor Migrants, displaced persons, or institutional migrants. These groups of people all have different yet equally significant reasons for moving. Their motives for moving are identified by the terms just listed. Some motives that these people can have are corresponding to current economic situation, political situation, and social situations. Migrations and its effects on people come in many forms. Both vary in terms of the distance involved, the purpose of the move, whether the move was forced or a matter of choice and the migrant’s status in the new destination. Another important effect of migration is globalization and migration. They both have their own way of functioning and their differences will be discussed. First of all, labor migrants are people who travel for economic purposes. They migrate each year to work for a specific length of time. They don’t plan on creating a permanent lifestyle, and they are often explicitly barred from doing so. When this form of migration is legally contracted it if referred to as wage labor migration. The time elapsed working might be brief, or it could extend to several years. Asian women are the fastest growing category of people among the world’s labor migrants. There are more than 3 million Asian women migrant workers. They work a wide assortment of jobs, but most are in domestic service jobs and some...
Words: 1163 - Pages: 5
...Global expansion strategies for Icelandic, Irish and Israeli Multinationals By Asta Dis Oladottir Bersant Hobdari Marina Papanastassiou Evis Sinani Department of International Economics and Management Copenhagen Business School Frederiksberg 2000-Denmark Draft, October 2008 ABSTRACT The aim of the paper is to analyze the overseas activities of multinational corporations (MNCs) coming from small open economies (SMOPEC), their international or global expansion strategies behind outward foreign direct investments. Using a sample of 1089 subsidiaries, of which 187 are Icelandic subsidiaries, 444 are Irish subsidiaries and 458 are Israeli subsidiaries. We explore the geographical and industrial pattern of their direct investment strategies. Our analysis reveals several important facts. Firstly, most of the outward foreign direct investment (OFDI) is directed in finance, insurance and real estate services for all of the countries. Secondly, by far the majority of investment projects are carried out in Europe and North America which are almost equal in terms of frequency of investments. Thirdly, Icelandic firms use horizontal integration strategies and they diversify risk. Irish firms use lateral integration strategies and diversify risk. Finally, MNCs from Israel tend to diversify risk and use horizontal integration strategies. Keywords: OFDI, MNC, Horizontal integration, Vertical integration, Lateral integration...
Words: 8284 - Pages: 34
...Int. J. of the Economics of Business, Vol. 8, No. 2, 2001, pp. 173 ± 190 The Eclectic (OLI) Paradigm of International Production: Past, Present and Future JOHN H. DUNNING ABSTRACT This article describes the origins, and traces the subsequent evolution of the eclectic paradigm from the mid-1950s to the present day. It does so in the light of the changing characteristics of MNE activity and of the global economic scenario. The article concludes by asserting that the eclectic paradigm still remains a powerful and robust framework for examining contextual specific theories of foreign direct investment and international production. Key words: Eclectic paradigm; FDI; MNEs; Strategy; International production; Alliances. JEL classifications: F21, F23, M21. 1. Its Origins Although the eclectic paradigm (or the eclectic theory as it was initially called) of international production was first put forward by the present author at a Nobel Symposium in Stockholm in 1976, its origins can be traced back to the mid-1950s. At that time, I was writing my PhD thesis, later to be published as a book (Dunning, 1958), on US direct investment in British manufacturing industry. Earlier research by Rostas (1948), Frankel (1955) and some Anglo ± American study teams1 had shown that the labour productivity in US manufacturing industry was, on average, 2 to 5 times higher than that in UK industry. The question this fact posed in my mind was: was this difference in productivity a reflection of the...
Words: 10410 - Pages: 42
...A BRIEF ANALYSIS OF [pic] CORPORATE SOCIAL RESPONSIBILITY [pic] ABSTRACT Corporate Social Responsibility (CSR) is becoming an increasingly important activity to businesses nationally and internationally. As globalization accelerates and large corporations serve as global providers, these corporations have progressively recognized the benefits of providing CSR programs in their various locations. CSR activities are now being undertaken throughout the globe. “Every company harms the environment and people!” CHAPTER I THE RESEARH PROPOSAL [pic] [pic] INTRODUCTION The problems and issues that confront society today are too large and complex to be solved by government and NGOs alone. Sustainable solutions to society’s problems can only be found through the collaboration and involvement of all who are part of it. Companies have tremendous strengths; they have extremely capable people, technology, access to money, the ability of geographical reach, etc. Many companies worldwide and now even in Pakistan are more powerful than governments and even countries, and thus corporate are important stakeholders in society. Our objective of the research is analysis of Pakistan’s major telecom companies to explore and understand the role that telecom corporate are playing and can play in finding meaningful solutions to the problems facing Pakistan today. RESEARCH OBJECTIVES: The general objective of our study is to identify...
Words: 4737 - Pages: 19
...CONTEMPORARY ISSUES IN SOCIAL WORK By Student's Name Course Code and Name Professor’s Name University Name City, State Date of Submission Q1. The effect of globalization has resulted in complex economic and social networking among people of the world. One of the main elements of globalization is the movement of people from one area to another area for various reasons. In most cases, people move to more industrialized and peaceful countries in search of better opportunities and safe environments. The 21st century has seen the increased migration of citizens of one state to another, a period termed as the age of Diasporas (Helman, 2007). The research will focus on immigrants, mainly asylum seekers and refugees with particular emphasis on the 72 asylum seekers from Lebanon who perished off the coast of Indonesia while heading to Australia. The research will address the plight of asylum seekers as one the most vulnerable populations. Migration to another country may be voluntary or voluntary. The involuntary migrants include asylum seekers, refugees, returnees ad internally displaced persons (IDPs). The primary cause of this category of people changing their location could be political upheavals, wars, natural disasters and poor states of the economy. The voluntary migrants migrate to other countries in search of employment and new ventures for personal growth. However, the involuntary migrants have multiple psychological, physical and social vulnerabilities due to their experience...
Words: 2294 - Pages: 10
...NETWORK-ATTACHED STORAGE FOR SMALL COMPANIES Case: Design Foundation Finland LAHTI UNIVERSITY OF APPLIED SCIENCES Degree Programme in Business Information Technology Bachelor Thesis Autumn 2012 Jari-Pekka Koivisto Lahti University of Applied Sciences Degree Programme in Business Information Technology KOIVISTO, JARI-PEKKA: Network-attached storage for small companies Case: Design Foundation Finland Thesis in Degree Programme in Business Information Technology, 56 pages, 11 pages of appendices Autumn 2012 ABSTRACT This study focuses on finding the proper solution to create Network-attached storage (NAS) for a small company. This study was commissioned by Design Foundation Finland, aiming to improve the security and the management of the information. This research will be aiming to find the proper way to design and implement a network storage, which will be used as the main data storage within the company for creating an ideal solution for data maintenance, security and ease of access to all the data of the foundation. The outcome of the thesis is a solution, which is created from scratch, offering a design and implementation of an NAS in a small company with a relatively small budget. The case foundation is located in Lahti. The foundation was established in 2009, aimed to improve and support the education (of design), as well as research and development of design. Design Foundation Finland also has an own R&D group to improve the design of Finnish products in several...
Words: 10025 - Pages: 41
...Executing a global growth strategy at Lenovo For the analysis of the process of globalization has been chosen Lenovo, currently classified at 370 in the ranking of Fortune Global 500. It came into existence in 2005 when Legend Holdings acquired the former Personal Computer Division of IBM, the company that invented the PC industry in 1981. Today, Lenovo is a $21 billion personal technology company and the world's second-largest PC vendor, with more than 26,000 employees serving customers in more than 160 countries The choice of this company prompted me my recent visit to one of the factories Lenovo, in Shenzhen, and a huge impression on me that this visit was exerted. This well-organized corporation attaches great importance to the planning of its development and is very determined in its objectives. Position that the company has achieved on very difficult market of personal computers proves accurate transformation strategy from local leader into a powerful global player. Lenovo's position in any part of it is not the work of chance. The following sections concentrate on the discussion of Lenovo’s core competence and its globalisation strategy. Lenovo was originally called Legend Beijing, and was founded in 1984 by Liu Chuanzhi along with ten colleagues at the Computer Technology Institute of the Chinese Academy of Sciences (CAS). With an initial investment of 200,000 Yuan, the company was established with the aim of commercializing the research and development activities...
Words: 2307 - Pages: 10
...1.0 Introduction 1.1 Definition of poverty CHUPICAL SHOLLAH MANUEL Poverty as a phenomenon is very elusive to define and is rather multidimensional and a contested concept whose definition is influenced by the contexts in which it exists. The concept has both a relative an absolute measure. The dominant Western definition since World War II has defined poverty in monetary terms, using levels of income or consumption to measure poverty (Grusky and Kanbur, 2006: 11) and defining the poor by a headcount of those who fall below a given income/consumption level or ‘poverty line’ (Lipton and Ravallion, 1993: 1 in Handley et al., 2009). Multidimensional definitions acknowledge that poverty is also defined by a sense of helplessness, dependence and lack of opportunities, self-confidence and self-respect on the part of the poor. (Narayan et al., 2000). Sen (1999) defines poverty as lack of freedom while another dimension view it as interlinked forms of deprivation in the economic, human, political, sociocultural and protective spheres (OECD, 2006).This essay discusses the issue of poverty in Africa from colonial period to present day. The paper also analyses the causes of poverty since colonial era, the poverty alleviation strategies adopted to deal with poverty and propose possible solutions for poverty alleviation. A plethora of case studies will be drawn from several countries to substantiate the claims and insights provides in this paper. 2.0 Poverty, colonialism and Colonial...
Words: 3687 - Pages: 15
...The purpose of the research is to discuss possible security threat across the borders happened due to the ethnic conflict of Myanmar. In this era of globalization, internal factors of a state can produce some external impacts on other neighboring countries; which is commonly known as a “spillover effects” in political science. Some cases even become so much critical to solve, that the whole continent become affected by the problem. The impact of that ethnic conflict becomes so vulnerable, that the case has not been concealed nationally but also become an international phenomenon. In my case, the problem has become a huge threat to national and international security system. The hypothesis of the paper is to conducting possible security threat across the borders, particularly in the whole south-Asian region. The ethnic violence in Myanmar has some direct impact on social, political and economic processes at national and international levels. In fact, the conflict can result not only in destabilizing the trade and security of Myanmar, but also of the surrounding states. But my concern is focusing the ongoing security issue inside and across borders due to that conflict. That’s why, I think this is a very urgent matter to study and its totally connected with the problem of IR. (Koser 2005, pp- 12) International communities could not able to present perfect legislation or implement new constitution for that particular case so far in order to address the problem of security threat...
Words: 2298 - Pages: 10
...Future Regional Conflicts: Myanmar and Papua New Guinea. Decades of relative peace and prosperity have allowed the new democracies of Southeast Asia the latitude to pursue economic cooperation and relatively stable domestic policies. But while the reasonable stability of ASEAN has allowed its members to support each other’s traditional security interests while settling disputes through non-violent channels (Dosch 2007, p. 211), regional membership in this pluralistic community does not necessarily negate internal conflict of individual members. In fact, at least two low-level ongoing disputes—the Karen-led insurgency in Myanmar and the effective collapse of civil order in Papua New Guinea—have the potential to spill over into neighboring territories and therefore require the intervention of regional or global peacekeepers. This essay contends that despite the absence from contemporary media and perceived lack of attention by the Australian Government, these two countries are in a state of fundamental turmoil and could be considered as those most likely to require external intervention in the next 10 years. Although Myanmar has been a member of ASEAN in relatively favorable standing since 1997, the junta’s efforts to enforce its rule on the multiethnic population remain controversial both among the ASEAN membership (Than 2005, p. 20) and the wider international community. Several of the nation’s ethnic minorities have sponsored long-term secessionist movements; one of...
Words: 2917 - Pages: 12
...SyCip Gorres Velayo & Co. (SGV & Co.) SGV & Co. is currently the Philippines' largest multidisciplinary professional services firm with eight offices across the country. The Firm employs over 3,200 professionals from various disciplines delivering value-added services to over 5,000 esteemed clients. We provide integrated solutions that draw on diverse and deep competencies in assurance, tax, transaction and advisory services. We uphold the highest standards of quality. In fact, SGV & Co. remains the only ISO 9001-certified professional services firm in the Philippines – a distinction we have maintained since 1996. Our track record has remained unmatched in the region. We have accumulated invaluable resources in our 67 years of operations - highly qualified and competent staff, state-of-the-art facilities and an enviable international network. SGV & Co. is a member practice of Ernst & Young, a global leader in assurance, tax, transaction and advisory services. Worldwide, its 167,000 people are united by shared values and an unwavering commitment to quality. SGV & Co. and Ernst & Young make a difference by helping our people, clients and wider communities achieve their potential. Our Values * • People who demonstrate integrity, respect and teaming * • People with energy, enthusiasm and the courage to lead * • People who build relationships based on doing the right thing FAQ SGV audits: » 54 of the top 100 corporations...
Words: 8274 - Pages: 34
...Level of English Proficiency and Communication Skills among BSHRM CSTA Students: an Assessment A Thesis Proposal Presented to the Faculty of the Colegio De Sta. Teresa De Avila Foundation Inc. In Partial Fulfillment of the Requirements of Degree Bachelor of Science in Hotel and Restaurant Management By: Wendell Galapate Mau Bryan Calimlim Alvin Pancito Robert Charles Magno Rodrigo Tinaja Jr. Heizel Bisnan Lea Sojor Jenelyn Soriano Aisha Valencia Clarisse Hipolito Ian Victo APPROVAL SHEET In partial fulfillment of the requirement for the degree of Bachelor of Science in Hotel and Restaurant Management, this thesis proposal entitled “LEVEL OF ENGLISH PROFICIENCY AND COMMUNICATION SKILLS AMONG BSHRM STUDENTS: AN ASSESSMENT has been prepared and submitted by Wendell Galapate, Mau Bryan, Alvin Pancito, Robert Charles Magno,RodrigoTinojaJr., , , are hereby recommended for this deliberation. Edelitha L. Dancel Thesis Adviser Approved as partial fulfillment of the requirements for the degree of Bachelor of Science in Hotel and Restaurant Management by the panelists. _________________________ ___________________________ PanelistPanelist _________________________ Panelist Accepted in partial fulfillment of the requirements for the degree Bachelor of Science in Hotel and Restaurant Management. ACKNOWLEDGMENT Several people played an important...
Words: 10771 - Pages: 44
...Yen Ngo Tafara Dube Julia Morena ! ! ! Kira Gottlieb Business Communications: Disney Report ! Table of Contents ! 1. Introduction.....................................................................................................................................2 2. Market analysis...............................................................................................................................3 3. Product analysis..............................................................................................................................5 4. Problem: Ethical issues regarding the working conditions.............................................................6 5. The Chinese Government..............................................................................................................10 6. Proposal using SWOT analysis......................................................................................................10 7. Stakeholder Analysis.....................................................................................................................12 7.1. Supply Chain..........................................................................................................................12 7.2. Return on Investment.............................................................................................................12 7.3. Employees.................................................................
Words: 4714 - Pages: 19
...Master Thesis Ethnic Conflicts and Transition to Democracy in Africa: Recurrence of Ethnic Conflicts in Kenya (1991-2008) Author: Berita Musau Matrikelnummer: 0601567 Academic degree aspired Master (M.A) Vienna, August, 2008 Studienkennzahl: A 067 805 Studienrichtung: Global Studies - a European Perspective Advisor: Prof. Dr. Walter Schicho Table of Contents Dedication ……………………………………………………………………. iii Acknowledgment …………………………………………………………….. iv List of Acronyms …………………………………………………………….. v List of Tables and figures …………………………………………………….. vii Abstract in English …………………………………………………………… viii Abstract in German …………………………………………………………... ix Chapter One: Introduction ………………………………………………… 1 1.1. Introduction …………………………………………………………… 1 1.2. Problem statement …………………………………………………….. 2 1.3. Aim and objectives of the research …………………………………… 4 1.4. Research questions and hypotheses …………………………………... 7 Chapter Two: Literature review and theoretical framework ……………. 8 2.1. Literature review ……………………………………………………… 8 2.2. Transition to democracy and ethnic conflicts in Africa ………………. 12 2.3. Definition of concepts ………………………………………………… 16 2.4. Theoretical framework for analysis of ethnic conflicts ……………….. 18 2.4. Research methodology ………………………………………………... 21 2.5. Significance of the research …………………………………………... 23 Chapter Three: Background to the struggle for democracy and ethnic conflicts in Kenya……………………………………………………………. 24 3.1. A short retrospect in to Kenya’s colonial...
Words: 37621 - Pages: 151