Showing papers by "Shaker A. Zahra published in 2023"
TL;DR: The advent of Industry 4.0 promises to transform the global business landscape, the nature of markets and industries, and the way multinationals organize their operations as well as how and where they compete as discussed by the authors .
Abstract: The advent of Industry 4.0 promises to transform the global business landscape, the nature of markets and industries, and the way multinationals organize their operations as well as how and where they compete. These changes will have important – indeed profound – implications for IB scholarship. In this article, we explain Industry 4.0 and its distinguishing characteristics; discuss its organizational and strategic implications for multinationals; and outline the fundamental questions it raises for future IB research. To spur future analysis, we also present a conceptual foundation that articulates the new features, processes, and capabilities that support MNEs’ pursuit of Industry 4.0-related opportunities surrounding digitalization, intelligence, technology, and innovation. We also discuss what Industry 4.0 means for IB research concerning social engagement, environmental sustainability, and international entrepreneurship. We elucidate how this new landscape shapes the extant IB literature and how future research can push it further along.
2 citations
TL;DR: In this paper , the authors investigate the factors explaining the emergence and prevalence of high-growth firms and propose that only a small proportion of startups scale-up and maintain rapid growth over time.
Abstract: Studies show that high-growth firms, often referred to as scale-ups, play a vital role in fostering job-creation, improving productivity and diffusing new product and technological innovations (Coutu, 2014; Du and Temouri, 2015). However, research has also suggested that only a small proportion of startups scale-up and maintain rapid growth over time (Jansen and Roelofsen, 2018; Josefy et al., 2015). Accordingly, interest in the factors explaining the emergence and prevalence of high-growth firms has increased, among academic researchers and policymakers alike. Scale-ups are defined as those firms that achieve average annual growth in employees or sales turnover greater than 20 percent per annum over a three-year period, and with more than 10 employees at the beginning of the period (OECD, 2007).
1 citations