Internationalisation And Economic Performance Of Enterprises
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Internationalisation And Economic Performance Of Enterprises
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Author : Jan Hagemejer
language : en
Publisher:
Release Date : 2011
Internationalisation And Economic Performance Of Enterprises written by Jan Hagemejer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
This article provides evidence on the relative performance of internationalised firms using Polish firm-level data, spanning the period 1996-2005 and covering all medium and large enterprises. We distinguish between three modes of internationalisation: foreign direct investment, exporting and importing of capital goods. Our results point strongly at the superior performance of foreign affiliates vs domestic firms, exporters vs non-exporters, and importers vs non-importers: internationalised firms are larger, more capital intensive, pay higher wages and are more productive than purely domestic firms. Foreign ownership is the strongest factor accounting for gains from internationalisation. The premia from exporting are substantially lower, though also significantly positive. The performance of capital goods importers is also higher compared to non-importers and is to some extent related to their involvement in other types of international activity. The results are robust to the choice of specification and productivity estimator. The analysed enterprises recorded a sizeable and broad-based productivity improvement over the period under consideration. Not only the initial levels of productivity of exporters, importers and foreign affiliates were on average significantly higher that those of their non-internationalised counterparts, but they also recorded faster productivity gains (manifested in increasing productivity premia), so that the discrepancies grew even larger. We also perform the analysis of productivity spillovers from internationalised firms onto own, downstream and upstream sectors. We find evidence of significant horizontal and backward spillovers from all three types of international activity. Our results suggest that trade externalities are rather of a horizontal nature, while those related to foreign direct investment operate mainly via backward linkages.
Internationalization And Economic Performance Of Enterprises
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Author : Jan Hagemejer
language : en
Publisher:
Release Date : 2008
Internationalization And Economic Performance Of Enterprises written by Jan Hagemejer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
Internationalisation Of Small Medium Enterprises Smes
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Author : Jobaire Alam
language : en
Publisher: GRIN Verlag
Release Date : 2018-03-07
Internationalisation Of Small Medium Enterprises Smes written by Jobaire Alam and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-07 with Business & Economics categories.
Academic Paper from the year 2013 in the subject Leadership and Human Resources - Miscellaneous, grade: B, Prifysgol Cymru University of Wales, language: English, abstract: Internationalisation is such a fascination, by which states and companies are dealing business and going up against in contest between them on a worldwide level. Globalization, which is the formation to bring products or services in marketplace, subsidizes to the global economic growth and improvement of countries worldwide. In present world, internationalization impacts all the business firms large and small. Progressively, small and medium sized enterprises (SMEs) which are ascertained as containing of firms employing less than 250 employees, with firms having less than 50 employees being concerned as small and firms having 50-249 employees being concerned as medium in size, are forced to play a role in international business markets. This globalisation is able to take many forms, such as exporting products and services, foreign investment in both way directly or indirectly, licensing, authorising completely, importing with exporting being the mode of internationalization for small and medium enterprises. According to the thesis topic ‘Internationalization of SMEs,’ the dissertation will discuss on the trading abroad or exporting of SMEs. As it can be said that doing internationalise may be important and useful for business companies in order to expand and exist in the further future, it cannot precisely confirm of the firm’s survival. The risks of loosing opportunities or chances and costs or values affected in the format will be a very vital considerable factor. Smaller firms find that very hard to recover or overcome these opposite situations and challenges. Moreover, these small firms certainly often suffer from their limited capacity and resources. The modern technology which is with the very developed useful software and hardware has been able to improve in the number of small and medium business firms to globalise themselves in to global competition market. Modern technology is indeed such a magic that is able to help even any single business owner to expand his business all over the world. So that it is very vital for small and medium enterprises to spread over into the global competition.
Internationalisation And Economic Growth Strategies In Ghana
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Author : John Kuada
language : en
Publisher: Adonis & Abbey Publishers Ltd
Release Date : 2007-07-30
Internationalisation And Economic Growth Strategies In Ghana written by John Kuada and has been published by Adonis & Abbey Publishers Ltd this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-07-30 with Reference categories.
Economic growth is one of the most cost-effective ways of dealing with poverty in Africa. Growth lifts many people out of poverty and at the same time generates the government revenues necessary for investments within the social sector. Thus the design and implementation of business development policies remains a major challenge in most African countries. This entails supporting businesses to be integrated within the global economic structure without being easy victims of unscrupulous and opportunistic investors. During the past two decades successive Ghanaian governments have implemented private sector development policies aimed at stimulating growth through internationalisation of local enterprises and attracting foreign investors. Contributors to the volume provide an overview of the impact of these policies on the Ghanaian business environment and the strategic orientations of managers. They also offer an insight into the productivity and performance of exporting firms, the financial and knowledge acquisition strategies they adopt, their degree of market orientation and corporate social responsibility and the challenges faced by African policy makers and managers learning to operate within an increasingly turbulent global economy. The book situates the Ghanaian experience within the broader context of African economic growth and calls for African economic integration as a platform on which African firms can build their competitiveness and operate more effectively within the global economy.
Internationalisation Andenterprise Development Inghana
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Author : John Kuada
language : en
Publisher: Adonis & Abbey Publishers Ltd
Release Date : 2000-05-09
Internationalisation Andenterprise Development Inghana written by John Kuada and has been published by Adonis & Abbey Publishers Ltd this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-05-09 with Reference categories.
Policy makers and scholars consider private enterprise development as one of the most promising avenues of economic growth in Africa. To grow, enterprises must improve the efficiency and effectiveness of their operations, often through internationalisation. It is generally believed that internationalisation enhances the technological and managerial capacities of firms and also helps them to leverage other types of resources not immediately available within their own countries. In recent years, there has been an upsurge of interest in exploring the extent to which African firms are integrated into global business networks, and the benefits, if any, derived from such integrations. The above informed the need for an empirical investigations in Ghana from 2002-2003, the results of which are presented in this book. Based on the experiences in Ghana, contributors to the volume explore the issues of internationalisation in Africa by focusing on firm-level activities and inter-firm relations rather than on macro issues. They draw on dominant theories of internationalisation to explore issues such as sustained competitive advantages of firms, management and business relations in export processing zones, organisational structures, competence and leadership; culture, learning and cross-border inter-firm linkages as well as finance and stock exchange performance in Ghana. Internationalisation and Enterprise Development is a major contribution to the body of knowledge on enterprise development in Africa in general, and Ghana in particular. It is a must-read to all who are interested in Africa's enterprise development including the role played by internationalisation in that process.
The Internationalisation Of Business R D
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Author : Bernhard Dachs
language : en
Publisher: Edward Elgar Publishing
Release Date : 2014-01-01
The Internationalisation Of Business R D written by Bernhard Dachs and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-01 with Business & Economics categories.
It has become clear that over the past few decades enterprises not only produce and sell abroad but increasingly also develop goods and services outside their home countries; a development now known as the internationalisation of business R and D. This book presents a comprehensive picture of the current state of internationalisation of R and D in the business sector. The contributors explore key patterns of the internationalisation of R and D across various countries and sectors using case studies to underpin empirical evidence. They examine the drivers of the process, revealing the impacts of R and D internationalisation on both home and host countries using both qualitative and quantitative analysis. Topics discussed include: * Why firms locate R and D activities abroad * Data availability, quality and comparability * The role of the EU and the US in the internationalisation of R and D * Country-level factors such as size, workforce and FDI as determinants of R and D internationalisation * Impacts of R and D internationalisation on home and host countries. This book will prove an insightful read for academics, researchers and students with an interest in economics - particularly the economics of innovation - business and management, and science and technology. It will also prove a valuable resource for R and D policymakers and public administrators.
Globalization And Its Opportunities For Small And Medium Sized Enterprises
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Author : Christoph Lohrmann
language : en
Publisher: GRIN Verlag
Release Date : 2015-08-18
Globalization And Its Opportunities For Small And Medium Sized Enterprises written by Christoph Lohrmann and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-18 with Business & Economics categories.
Essay from the year 2013 in the subject Economics - International Economic Relations, grade: 100%, University of Sussex, language: English, abstract: Small- and medium-sized companies (SMEs) represent about 95% of enterprises in Europe, with a high amount of small companies ranging between 22% - 66% as well as high importance all over the globe. Nevertheless, the sector of SMEs has been ignored and poorly understood for many decades. Eventually, a research conducted by the economist David Birch published in 1979 revealed that especially SMEs are responsible for economic growth in general and are the prime source for job creation, accounting for up to 60% of the overall employment. As a result, the OECD considers them to be the core for economic growth and the dominant form of businesses worldwide in the future, acknowledging the importance of SMEs within global economy. Knowledge about small- and medium-sized enterprises has become even more important due to the fact that the interest of small firms to operate on foreign markets increased in the last decades. This essay depicts the characteristics of small- and medium-sized companies, compares it to multinational companies (MNCs) to determine advantages as well as disadvantages and, finally, examines certain opportunities for SMEs offered by globalization and internationalisation.
Internationalisation And Enterprise Development In Ghana
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Author : John Kuada
language : en
Publisher: Adonis & Abbey Publishers
Release Date : 2005
Internationalisation And Enterprise Development In Ghana written by John Kuada and has been published by Adonis & Abbey Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
Policy makers and scholars consider private enterprise development as one of the most promising avenues of economic growth in Africa. To grow, enterprises must improve the efficiency and effectiveness of their operations, often through internationalisation. It is generally believed that internationalisation enhances the technological and managerial capacities of firms and also helps them to leverage other types of resources not immediately available within their own countries. In recent years, there has been an upsurge of interest in exploring the extent to which African firms are integrated into global business networks, and the benefits, if any, derived from such integrations. The above informed the need for an empirical investigations in Ghana from 2002-2003, the results of which are presented in this book. Based on the experiences in Ghana, contributors to the volume explore the issues of internationalisation in Africa by focusing on firm-level activities and inter-firm relations rather than on macro issues. They draw on dominant theories of internationalisation to explore issues such as sustained competitive advantages of firms, management and business relations in export processing zones, organisational structures, competence and leadership; culture, learning and cross-border inter-firm linkages as well as finance and stock exchange performance in Ghana. Internationalisation and Enterprise Development is a major contribution to the body of knowledge on enterprise development in Africa in general, and Ghana in particular. It is a must-read to all who are interested in Africa's enterprise development including the role played by internationalisation in that process.
Small And Medium Sized Enterprises
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Author : Lisa Hohneck
language : en
Publisher: GRIN Verlag
Release Date : 2013-07-03
Small And Medium Sized Enterprises written by Lisa Hohneck and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-03 with Business & Economics categories.
Seminar paper from the year 2013 in the subject Business economics - Company formation, Business Plans, grade: 1,0, University of Applied Sciences Trier, language: English, abstract: Field of study: International Business/International Entrepreneurship Small and Medium-Sized Enterprises: Definitions, Economic Functions and Determinants of Internationalisation This study investigates a number of motives stimulating the internationalisation of small and medium-sized enterprises (SMEs).The internationalisation of SMEs usually is not part of a strategy but a reaction to a stimulus. An internationalisation stimulus is a factor fostering a firm’s decision to start or maintain committing some resources to act on an international basis. The reaction to stimuli is an indicator for the flexibility of SMEs. It is an interesting point that flexibility helps small firms to overcome the lack of financial resources and is their advantage with regard to internationalisation. After dealing with different definitions of "small" and "medium" with regard to enterprize size and evaluating on the economic functions of smaller firms this work explains the ten following internationalization stimuli: - Potential for extra growth/sales/profit - Production of goods with unique qualities - Influence of decision maker - Orders from abroad - Saturation/shrinkage in domestic market - Intense competition of domestic market - Networking - Fulfilling an international need - Limitation of trade barriers - Global trade infrastructure
Internationalisation And Mode Switching
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Author : Uwe Sachse
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-11-06
Internationalisation And Mode Switching written by Uwe Sachse and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-11-06 with Business & Economics categories.
Managing an international operation is seen by many as one of the most challenging activities in an enterprise. Uwe Sachse offers substantial answers to the question of how companies behave after they have entered a particular foreign market. The results of the empirical study show that the mode switch is an important option for improving performance in foreign markets. Uwe Sachse shows that, over the duration of foreign business activity, companies pursue characteristic internationalisation pathways through their choice of mode.