Corporate Parenting Styles in the Global Economy
Monitoring trends is a key requirement for national and corporate policy makers to stay up-to-date with socio-economic and technological transformations, to anticipate emerging developments at the global and local levels, and to use this intelligence to prioritize areas for innovation and investment. This chapter aims at discussing how the results of trend monitoring can be integrated into the process of Science, Technology and Innovation policy formulation and business Research & Development planning processes. The chapter starts with an overview of the relevant innovation literature that gives a background in a broader theoretical context, where the technology monitoring activities can be better justified conceptually. This background provides to generate two models, which will portray positioning and functioning of Global Trend Monitoring in the policy and business planning process. Some practical aspects of how and in what form the results of Global Trend Monitoring should be provided to the target communities of policy makers and business planners are elaborated throughout the chapter.
The focus of this article is the empirical identification of factors influencing Foreign Direct Investment (FDI) in transition economies on a regional level (NUTS 2). The analysis is designed as benchmark between three neighboring post-communist re- gions, i.e. East Germany, the Czech Republic and Poland. Their different transition paths have not only resulted in economic differences. We can also observe today that the importance of pull factors for FDI varies significantly across the regions. This analysis shows that in comparison with Poland and the Czech Republic, East Germany’s major benefit is its purchasing power, its geographical proximity to West European markets, and its modern infrastructure. Furthermore, the analysis suggests that intra-industry linkages such as specialization and agglomeration economies are relevant factors for the location decision of foreign investors. This result can help to explain the regional divergence of FDI streams in transition economies.
Nowadays, the formation and development of an asset management system of "Russian Grids" is one of the key processes and priorities of the company, covering all levels of strategy. On the one hand, the relevance of finding an optimal asset management strategy is caused by a necessity to synchronize the strategies of different business levels with the company’s strategy and to transmit the relationships between the strategies into the key performance indicators of business processes. On the other hand, all the subsidiaries of "Russian Grids" are at different levels of development, and the same goals could not be achieved by all companies at the same time. This article considers one of the possible approaches to searching an optimal asset management strategy for subsidiaries under the general direction of unified asset management strategy development and the corporate strategy. The asset management strategy choice depends on the level of its maturity and efficiency of the company with condition of necessity to synchronize the strategies of different business levels and to decompose relationships between these strategies through corresponding key performance indicators.
"Employment Relations" is widely taught in business schools around the world. Increasingly however more emphasis is being placed on the comparative and international dimensions of the relations between employers and workers. It is becoming ever more important to comprehend today’s work and employment issues alongside a knowledge of the dynamics between global financial and product markets, global production chains, national and international employment actors and institutions and the ways in which these relationships play out in different national contexts.
This textbook is the first to present a cross-section of country studies, including all four BRIC countries, Brazil, Russia, India and China alongside integrative thematic chapters covering all the important topics needed to excel in this field. The textbook also benefits from the editors' and contributors' experience as leading scholars in Employment Relations. The book is an ideal resource for students on advanced undergraduate and postgraduate comparative programmes across areas such as Employment Relations, Human Resource Management, Political Economy, Labour Politics, Industrial and Economic Sociology, Regulation and Social Policy.
Purpose – This paper aims to examine the challenges experienced by Russian research and development (R&D) organisations in international technology collaboration in the global innovation arena.
Design/methodology/approach – A total of 33 Russian R&D organisations were selected from a sample of 138 potential participating organisations from the Central, Nord-Western and Volga Federal Districts of Russia to take part in a qualitative interview study. Organisations were selected based on their responses to a questionnaire which measured the extent and nature of their experience in international technology collaborations. Participants were interviewed about their experiences of engaging in international technology collaboration under two different modes of collaboration: short term customer-supplier relationships vs longer-term strategic alliances. The semi-structured interviews focused on 15 different issues which had been derived from the previously published literature on international technology collaboration and a thematic analysis was conducted on the resultant data.
Findings – The analysis indicates which of the issues reported as problematic in the literature were pertinent to the Russian organisations in the sample under each mode of collaboration. The findings also provide some evidence that Russian R&D organisations have made progress in the transition from the command to the market economy and are adjusting to the new environment, albeit gradually in some cases.
Research limitations/implications – The paper presents interpretive, qualitative findings, which were analysed from a Russian perspective in three out of seven Federal Districts of Russia. The research sample does not include non-Russian counterparts and the analysis is restricted to those variables which have previously been identified as exerting an influence over international technology collaborations.
Practical implications – The study reveals a broad range of insights into the types of issues which warrant close managerial attention from both Russian managers and their international partners in engaging in international technology collaborations with contemporary Russian R&D organisations.
Originality/value – The research suggests that different sets of challenges emerge for organizations engaged in different modes of international collaboration and provides insight into the unique context of Russia, challenging some of the previously published analyses of the influence of Russian business and managerial practices on the innovativeness of contemporary Russian organisations.
Recently, emerging economies have contributed significantly to the world economic growth and output. This Research Handbook attempts to fill in the gap of sparse publications on marketing in emerging economies. It addresses diverse issues from a universal as well as regional and country-specific perspective, shedding light on general topics such as data collection procedure equivalence and marketing accountability, and also exploring various contexts like Central & Eastern Europe and India. Comparing the ways in which marketing is performed in emerging and advanced economies, the chapters explore various aspects including business-to-business marketing relationships, the role of multi-cultural markets in marketing and retail marketing of multinational corporations, corporate social responsibility and consumer loyalty.
This article offers a critical review of the concept of "shared value" proposed in 2011 by M. Porter and M. Kramer. This concept is an important element of corporate strategy development. The idea of the approach is that the business builds its commercial and social priorities, and because of this, it can develop a more balanced way. However, this concept is not indisputable, and contains a number of difficulties in understanding and implementation.
Multinationals from Brazil, Russia, India and China, known as the BRIC countries, are a new and powerful force in global competition and are challenging the incumbency of much older global companies from the developed world. Emerging market multinational enterprises (EMNEs) now account for a quarter of foreign investment in the world, are a prolific source of innovation and make almost one in three cross-border acquisitions globally. Despite this, traditional theories of international business do not provide a satisfactory explanation of their behaviour or performance. The authors of this book shine new light on the rise of the EMNEs and how they have built a competitive advantage through innovation, novel configurations of their international value chains and the acquisition of companies overseas. Any manager, policy maker or researcher who wishes to understand the emergence of this new breed of multinational will find this book an invaluable resource.
The Effect of Corporate Culture and Strategic Orientation on Financial Performance: An Analysis of South Korean Upscale and Luxury Hotels.
The article is devoted to the peculiarities of international strategy development. The main goal of the research is to provide the system of the most relevant factors that should be analyzed for the right international strategic choice. The factors are divided into three major groups, industry factors, macroeconomic factors and company’s internal factors. After analyzing these factors the company should be able to take the top priority decision on its international business that is about determining the right degree of adaptation and standardization. The research results can be utilized by companies’ that are planning to start or already conducting international business operations.сможет принять стратегическое решение в отношении своего международного бизнеса, состоящее в определении необходимой степени его адаптации и стандартизации. Результаты исследования могут быть использованы в практической деятельности компаний, планирующих или уже занимающихся международным бизнесом.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.
портовый менеджмент, показатели деятельности, анализ эффективности, система учета, распределение издержек, методы анализа деятельности портовой системы
At present many industries reveal tendency for setting up of vertically integrated companies (VIC) the structure of which unites all technological processes. This tendency proved its efficiency in oil industry where coordination of all successive stages of technological process, namely, oil prospecting and production -oil transportation - oil processing - oil chemistry - oil products and oil chemicals marketing, is necessary. The article considers specific features of introduction of "personnel management" module at enterprises of oil and gas industry.
vertically integrated companies; personnel management