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in developed economies, those firms entering into developing economies should acquire new knowledge resources for a … successful entry. In this paper, we analyze the type of knowledge required by SMEs to enter a foreign market, the alternative … sources for acquiring that knowledge, and the specific challenges associated with the case of SMEs from developed economies in …
Persistent link: https://www.econbiz.de/10011821678
Undoubtedly, poverty reduction has become a front-burner issue in development and business agenda. Since its announcement and defense by its advocates as a potent weapon against poverty, the Bottom of the Pyramid (BoP) concept has been bedeviled by controversies. A major controversy is whether...
Persistent link: https://www.econbiz.de/10009793754
Official reports, academic papers and many case studies on small and medium enterprises (SMEs) in developing countries show that large enterprises (LEs) produce better products than those by SMEs, partly because the first enterprises have better technology, which make them more innovated...
Persistent link: https://www.econbiz.de/10012724139
The rapid rise in global fragmentation - foreign investment, global supply chains, and 'production sharing' - is fundamentally reshaping the multilateral trading system. This paper uses a simple economic modeling framework to understand how the global fragmentation phenomenon may reshape the...
Persistent link: https://www.econbiz.de/10010240627
upgrading and their internationalization speed and breadth. Second, the four alternative upgrading strategies for … internationalization that emerging market firms use: Improvement, whereby firms upgrade processes at the local level; Integration, whereby …
Persistent link: https://www.econbiz.de/10012906817
Over the last two decades, world trade and production have become increasingly organized around global value chains (GVC). Recent theoretical work has shown that countries can benefit from participation in GVCs through multiple channels. However, little is known empirically about the economic...
Persistent link: https://www.econbiz.de/10012892927
Lately, a new term is used in international economic literature, namely “de-globalization” which has already sparked off numerous debates. As expected, some economists were quick to adopt it unhesitatingly, but others have labelled it as “absurd”, “superficial”, “simple”,...
Persistent link: https://www.econbiz.de/10013010417
Supermarkets have spread extremely rapidly in developing countries after the take-off in the early to mid-1990s. Former analyses of supermarket diffusion have not adequately explained the sudden burst and then exponential diffusion of supermarkets in the late 1990s and early 2000s. We argue that...
Persistent link: https://www.econbiz.de/10012716046
Global Value Chains (GVCs) started to play an increasing and key role in the global economy from the 1990s on. The market mechanism in GVCs supports industrialisation in the Global South and under certain conditions product and process upgrading. But GVCs do not lead to the catching-up of...
Persistent link: https://www.econbiz.de/10012061427
The past decades witnessed big changes in international trade with the rise of global value chains. Some countries, such as China, Poland, and Vietnam rode the tide, while other countries, many in the Africa region, faltered. This paper studies the determinants of participation in global value...
Persistent link: https://www.econbiz.de/10012213059