The Role of Networks in the Internationalization of Management Consulting Firms: A critical View on traditional Theory

The Role of Networks in the Internationalization of Management Consulting Firms: A critical View on traditional Theory
Author: Nils Laacks
Publisher: diplom.de
Total Pages: 52
Release: 2010-01-13
Genre: Business & Economics
ISBN: 3836640961

Inhaltsangabe:Introduction: The French economist Jean Fourastié had already predicted the expansion of the service sector in his early work in 1949. Accordingly, the economies of the developed countries were prognosticated a division into the three major branches agriculture, manufacturing and services with an increasing domination of the latter over time. In fact, the actual growth of the tertiary sector even surpassed Fourastié s expectations. Knowledge-intensive business services constituted the fastest growing sector in Western economies at the end of the twentieth century . Within this group of knowledge-intensive business services management consulting represents one of the fastest growing business models. Before the first economic slowdown in the consulting industry started in 2000, the global market for advisory services had grown at rates between 10 and 15 percent. In Europe, the turnover of the consulting sector rose about twenty-seven percent annually during the second half of the nineties. Growth today represents one of the key success factors in the consulting business and firms have to reach certain growth rates in order to stay competitive. There are mainly two different strategies for enterprises to achieve the goal of prosperous growth. Firms can either follow the strategy of diversification or internationalization. An increasing number of consulting firms decides to expand business activities into international markets in order to stay competitive and take advantage of new possibilities associated with globalization. Empirical studies have shown that the propensity of firms to internationalize not only accounts for large multinational corporations but also for small and medium-sized firms. Therefore, scientists and economists have put attention to the internationalization efforts of management consulting firms. Nevertheless, scientific literature about the internationalization of these business models is still scarce. Most of the existing theories are based on empirical findings that refer specifically to material goods and are thus often criticized for not adequately reflecting the unique characteristics of services. Numerous internationalization theories have been developed during the last forty years. While common theories focus on aspects such as transaction costs or knowledge about a particular market, approaches that are more recent underline the central role of relationships and international networks. In my study, I [...]

Emerging Market Multinationals

Emerging Market Multinationals
Author: Alvaro Cuervo-Cazurra
Publisher: Cambridge University Press
Total Pages: 241
Release: 2016-03-17
Genre: Business & Economics
ISBN: 1107073146

This book examines the challenges faced by emerging market multinationals as they develop their international operations and proposes actionable solutions.

Business Models and Firm Internationalisation

Business Models and Firm Internationalisation
Author: Christian Nielsen
Publisher: Routledge
Total Pages: 147
Release: 2021-12-21
Genre: Business & Economics
ISBN: 100051840X

Internationalisation has been a binding request for firms dealing with the challenges of the present-day realities. Extant international business publications have recently begun to point out the relationship between the notions of ‘business model’ and ‘internationalisation’, yet the filed needs considerably more attention. The core aim of this book is to provide a comprehensive analysis of the ways in which business models and internationalisation impact one another in the process of initiating and expanding international business activities. The analysis makes it feasible to detect the core issues of the interdependences between business models and internationalisation to facilitate management decision-making and implementation of pertinent firm internationalisation incorporating the application of appropriate business models. In this book, the business model is applied to explore the specifics and aspects of firm internationalisation processes. Innovating the business model is analysed as a persuasive means for augmenting the propensities of firms to internationalise. The book enriches the comprehension of the significance of business model innovation as an enabler of firm internationalisation, in view that scares in what manners business model innovation facilitate firm internationalisation. The book chapters address a broad range of issues encompassing: the general roles of business model in firm internationalisation, the relationships between digital business models and platforms on one side and firm internationalisation on another, how business models determine the internationalisation of services firms, the interplay between business models and firm internationalisation in specific contexts. It will, therefore, be of interest to researchers, academics and advanced students in the fields of international business and management.

Born Global Firms

Born Global Firms
Author: S. Tamer Cavusgil
Publisher: Business Expert Press
Total Pages: 136
Release: 2009-08-01
Genre: Business & Economics
ISBN: 1606490133

This book helps managers and scholars understand the born-global phenomenon. We offer a comprehensive treatment of born globals, from distinctive features of these companies, to strategies that they use for international success, to implications of the phenomenon for international small- and medium-sized enterprises. We review useful theories and frameworks, as well as introduce a new field based on the born-global phenomenon - international entrepreneurship.

The Multinational Enterprise (RLE International Business)

The Multinational Enterprise (RLE International Business)
Author: John H. Dunning
Publisher: Routledge
Total Pages: 364
Release: 2012-11-26
Genre: Business & Economics
ISBN: 0415643147

The book focuses on the major environmental implications stemming from the growth of the multinational enterprise in a multiple currency world. A survey of the background to the multinational enterprise and concluding summaries ensure that this book is one of the most widely embracing volumes available on the subject.

Managing Networks in International Business

Managing Networks in International Business
Author: M. Forsgren
Publisher: Routledge
Total Pages: 274
Release: 2014-02-04
Genre: Business & Economics
ISBN: 1317762479

The book introduces a unique and innovative perspective for the study of international business networking. In contrast to the standard construction of models for optimal strategic decision-making, the essays in this book emphasise interpretation, learning by doing, trust and co-operation in the international business community. The editors focus upon business relationships within and between firms as well as the importance of middle management in the international arena.

The Triple Helix

The Triple Helix
Author: Henry Etzkowitz
Publisher: Routledge
Total Pages: 177
Release: 2008-02-05
Genre: Business & Economics
ISBN: 1135925283

A Triple Helix of university-industry-government interactions is the key to innovation in increasingly knowledge-based societies. As the creation, dissemination, and utilization of knowledge moves from the periphery to the center of industrial production and governance, the concept of innovation, in product and process, is itself being transformed. In its place is a new sense of 'innovation in innovation' - the restructuring and enhancement of the organizational arrangements and incentives that foster innovation. This triple helix intersection of relatively independent institutional spheres generates hybrid organizations such as technology transfer offices in universities, firms, and government research labs and business and financial support institutions such as angel networks and venture capital for new technology-based firms that are increasingly developing around the world. The Triple Helix describes this new innovation model and assists students, researchers, and policymakers in addressing such questions as: How do we enhance the role of universities in regional economic and social development? How can governments, at all levels, encourage citizens to take an active role in promoting innovation in innovation and, conversely, how can citizens so encourage their governments? How can firms collaborate with each other and with universities and government to become more innovative? What are the key elements and challenges to reaching these goals?

Entrepreneurial Orientation

Entrepreneurial Orientation
Author: Andrew C. Corbett
Publisher: Emerald Group Publishing
Total Pages: 284
Release: 2021-01-12
Genre: Business & Economics
ISBN: 1838675736

In a world defined by increasing uncertainty and complexity, understanding the concept of Entrepreneurial Orientation (EO) is of critical importance. This volume convenes some of the world’s leading experts on EO to provide readers with an overview of the current state of EO research and set a compelling agenda for its future.