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Article: New frontiers in international strategy

TitleNew frontiers in international strategy
Authors
KeywordsEmerging markets
Globalization
International strategy
Markets and institutions
Issue Date2004
PublisherPalgrave Macmillan Ltd. The Journal's web site is located at http://www.palgrave-journals.com/jibs/index.html
Citation
Journal Of International Business Studies, 2004, v. 35 n. 3, p. 175-200 How to Cite?
AbstractThis paper studies a new frontier in the understanding of International Strategy (IS). To explore it, we propose the analogy of the ecology of firms and places as a way to emphasize that the real problem is the colocation of different places with different types of firms. Locations are in fact the distinctive content of International Business Strategy. We deal with this problem with four different perspectives. First, differences across countries must be addressed with integrative frameworks able to represent the multidimensionality of 'semiglobalization', or intermediate states between total localization and total integration. Second, differences in the development of intermediary markets in a particular place influence firm positioning and industry structure in that place, but their impact also crosses different places, and it is endogenous to the ecology of places and firms in a systemic, integrative way that makes simplifications extremely risky in the design of competitive strategy in an international context. Third, places, firms, and strategies form a complex ecology that can be studied with a framework focused in understanding the geography-strategy link that incorporates different levels of analysis, new economic actors, and a set of primitives. Finally, firms around the ecology of places face the challenge of developing strategies and business models to serve the majority of humanity today excluded from world trade. It is a fundamentally different way to think about the ecology of places and firms. Overall, we present an intriguing New Frontier, with the capacity to impact both research and practice in the field of international strategy, based in understanding the interplay among firms and places.
Persistent Identifierhttp://hdl.handle.net/10722/85847
ISSN
2023 Impact Factor: 8.6
2023 SCImago Journal Rankings: 4.600
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorRicart, JEen_HK
dc.contributor.authorEnright, MJen_HK
dc.contributor.authorGhemawat, Pen_HK
dc.contributor.authorHart, SLen_HK
dc.contributor.authorKhanna, Ten_HK
dc.date.accessioned2010-09-06T09:09:56Z-
dc.date.available2010-09-06T09:09:56Z-
dc.date.issued2004en_HK
dc.identifier.citationJournal Of International Business Studies, 2004, v. 35 n. 3, p. 175-200en_HK
dc.identifier.issn0047-2506en_HK
dc.identifier.urihttp://hdl.handle.net/10722/85847-
dc.description.abstractThis paper studies a new frontier in the understanding of International Strategy (IS). To explore it, we propose the analogy of the ecology of firms and places as a way to emphasize that the real problem is the colocation of different places with different types of firms. Locations are in fact the distinctive content of International Business Strategy. We deal with this problem with four different perspectives. First, differences across countries must be addressed with integrative frameworks able to represent the multidimensionality of 'semiglobalization', or intermediate states between total localization and total integration. Second, differences in the development of intermediary markets in a particular place influence firm positioning and industry structure in that place, but their impact also crosses different places, and it is endogenous to the ecology of places and firms in a systemic, integrative way that makes simplifications extremely risky in the design of competitive strategy in an international context. Third, places, firms, and strategies form a complex ecology that can be studied with a framework focused in understanding the geography-strategy link that incorporates different levels of analysis, new economic actors, and a set of primitives. Finally, firms around the ecology of places face the challenge of developing strategies and business models to serve the majority of humanity today excluded from world trade. It is a fundamentally different way to think about the ecology of places and firms. Overall, we present an intriguing New Frontier, with the capacity to impact both research and practice in the field of international strategy, based in understanding the interplay among firms and places.en_HK
dc.languageengen_HK
dc.publisherPalgrave Macmillan Ltd. The Journal's web site is located at http://www.palgrave-journals.com/jibs/index.htmlen_HK
dc.relation.ispartofJournal of International Business Studiesen_HK
dc.rightsJournal of International Business Studies. Copyright © Palgrave Macmillan Ltd.en_HK
dc.subjectEmerging marketsen_HK
dc.subjectGlobalizationen_HK
dc.subjectInternational strategyen_HK
dc.subjectMarkets and institutionsen_HK
dc.titleNew frontiers in international strategyen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0047-2506&volume=35 &issue=3&spage=175&epage=200&date=2004&atitle=New+Frontiers+in+International+Strategyen_HK
dc.identifier.emailEnright, MJ: mjenrigh@hkucc.hku.hken_HK
dc.identifier.authorityEnright, MJ=rp01059en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1057/palgrave.jibs.8400080en_HK
dc.identifier.scopuseid_2-s2.0-2642562158en_HK
dc.identifier.hkuros113229en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-2642562158&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume35en_HK
dc.identifier.issue3en_HK
dc.identifier.spage175en_HK
dc.identifier.epage200en_HK
dc.identifier.isiWOS:000221523100001-
dc.publisher.placeUnited Kingdomen_HK
dc.identifier.scopusauthoridRicart, JE=7005761244en_HK
dc.identifier.scopusauthoridEnright, MJ=8606709000en_HK
dc.identifier.scopusauthoridGhemawat, P=6602745897en_HK
dc.identifier.scopusauthoridHart, SL=7202601258en_HK
dc.identifier.scopusauthoridKhanna, T=7003518535en_HK
dc.identifier.issnl0047-2506-

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