Showing papers in "Journal of Asia Business Studies in 2011"
TL;DR: In this article, the causal nexus between foreign direct investment (FDI) and economic growth in SAARC countries was investigated, where Johansen's cointegration test was employed to examine the long-run relationship between FDI and economic development.
Abstract: Purpose – This paper aims to investigate the causal nexus between foreign direct investment (FDI) and economic growth in SAARC countries.Design/methodology/approach – Johansen's cointegration test was employed to examine the long‐run relationship between foreign direct investment and economic growth in SAARC countries. Besides, the vector error correction model (VECM) was employed to examine the causal nexus between foreign direct investment and economic growth in SAARC countries for the years 1970‐2007. Finally, the impulse response function (IRF) has been employed to investigate the time paths of log of foreign direct investment (LFDI) in response to one‐unit shock to the log of gross domestic product (LGDP) and vice versa.Findings – The Johansen cointegration result establishes a long‐run relationship between foreign direct investment and gross domestic product (GDP) for the sample of SAARC nations, namely, Bangladesh, India, Maldives, Nepal, Pakistan and Sri Lanka. The empirical results of the vector ...
43 citations
TL;DR: This article examined the myriad linkages between cross-border migration and international business activity through a conceptual framework of international arbitrage and found that migrants can help reduce transaction costs for bilateral trade.
Abstract: Purpose – This paper aims to examine the myriad linkages between cross‐border migration and international business activity through a conceptual framework of international arbitrage.Design/methodology/approach – While labour is internationally the least integrated of the various markets (capital, product, labour) the increasing co‐movement of both tasks and workers has created opportunities for the arbitrage and exploitation of differences between national labour markets. Because national labour markets typically display the two characteristics of separation and price discrepancy it is possible to utilise the principle of arbitrage and within this framework examine cost, intellectual, knowledge and employment arbitrage.Findings – The discussion suggests that international business offers valuable insights into migration processes and effects which have been dominated by the research approaches of other disciplines. It is found that migrants can help reduce transaction costs for bilateral trade, contribute...
37 citations
TL;DR: The authors examined the role of family communication and television, which were found to promote materialistic values in individualistic countries by assessing their effects on youths in four countries that represent the Eastern and Western cultures: Japan, Malaysia, USA, and France.
Abstract: Purpose – The purpose of this study is to examine whether the development of materialistic values in early life reflects cultural norms or is the outcome of media and family influences. It seeks to examine the role of family communication and television, which were found to promote materialistic values in individualistic countries, by assessing their effects on youths in four countries that represent the Eastern and Western cultures: Japan, Malaysia, USA, and France.Design/methodology/approach – The study used an anonymous self‐administered survey of young adults aged 18 to 32 years in two diverse Eastern countries: Japan and Malaysia (total n=351); the sample size was approximately the same for the Western countries of USA and France (n=315). The samples were equivalent with respect to demographic characteristics. The Malaysian questionnaires were available in both English and Malay. Measurement scales included in the Japanese questionnaires come from available translated versions. The French questionnai...
33 citations
TL;DR: In this paper, the authors examined the effect of resources and capabilities on international joint venture (IJV) performance and found that the IJV's absorptive capacity moderates the relationship between resource acquisition and performance.
Abstract: Purpose – Drawing on the resource‐based view and organizational learning theory, this study aims to examine the effect of resources and capabilities on international joint venture (IJV) performance.Design/methodology/approach – Departing from the extant research which largely assumes a bipartite relationship, the present study views an IJV as representing a tripartite relationship involving the IJV, its foreign parent and its local parent. Accordingly, it examines the effect of resources contributed by both foreign and local parents on IJV performance. It also examines how the IJV's absorptive capacity moderates the relationship between resource acquisition and performance.Findings – Results from a survey of 102 IJVs in China provide general support for the argument that performance of IJVs seems to be driven by the complementary resources of partner firms in combination with absorptive capacity of IJV.Originality/value – The findings from this study are useful for researchers interested in performance of...
24 citations
TL;DR: In this article, the authors explore the migration dynamics that have characterized Chinese immigration in Budapest and the migrants' understanding of their own position in relation to the Chinese diaspora, and discuss the interaction of the local economy and resources of the Chinese migrants to form viable network communities.
Abstract: Purpose – This paper seeks to explore the migration dynamics that have characterized Chinese immigration in Budapest and the migrants' understanding of their own position in relation to the Chinese diaspora. The paper also aims to discuss the interaction of the local economy and resources of the Chinese migrants to form viable network communities.Design/methodology/approach – The ideas of market embeddedness and the critical role of market opportunities are critically evaluated in the context of local practices. The paper seeks to show that the “new” entrepreneur is an active and creative social actor able to utilize, mobilize and control resources in different countries to achieve business opportunities and growth for him/herself.Findings – It is shown that globalization has spawned “new” transnational spaces and enabled migrant Chinese entrepreneurs to thrive and grow their businesses. This is a new trend and clearly suggests that a qualitatively different migration trajectory is evolving; and theoretic...
23 citations
TL;DR: In this article, the authors analyzed case study data of successful and award-winning women small business owner-managers and found that women's social identities portrayed them as trustworthy entrepreneurs, while attracting new clients and building confidence within new clients early in the internationalization process of their small businesses.
Abstract: Purpose – Building on the social identity theory perspectives, by analyzing multiple qualitative case study data of successful and award‐winning women small business owner‐managers, this study aims to find that, in the Sri Lankan context, social identities of women play an important role.Design/methodology/approach – Social identities are understood to be individuals' popularity, reputation, worthiness, social recognition, competence, and power. Social identities act as self‐motivators for women to maintain excellence in quality standards, positive image, and venture into innovations. Women's social identities portrayed them as trustworthy entrepreneurs, while attracting new clients and building confidence within new clients early in the internationalization process of their small businesses.Findings – This study concludes that the social identity of women entrepreneurs enabled them to break glass ceilings and emerge as competent entrepreneurs who can be successful in international markets. Therefore, fav...
22 citations
TL;DR: In this article, the authors discuss the potential associations among strategic change, organisational learning, and firm performance, and propose a conceptual model to investigate such relationships, which reveals that the strategic change-performance relationship may alter due to the moderation of organizational learning.
Abstract: Purpose – The primary purpose of this research is to review and discuss the potential associations among strategic change, organisational learning, and firm performance, and to propose a conceptual model to investigate such relationships.Design/methodology/approach – The literature on the strategic change‐performance relationship was explored with the emphasis on elaborating the effects of frequency of strategic change on firm performance. In addition, a moderating role of organisational learning on such a relationship is introduced.Findings – From the literature review, it is proposed that the relationship between strategic change and firm performance is an inverted U‐shape. Extremely frequent and infrequent strategic changes are deemed to be detrimental to firm performance. However, the research reveals that the strategic change‐performance relationship may alter due to the moderation of organisational learning.Research limitations/implications – Given the conceptual nature of this paper, a review of re...
21 citations
TL;DR: In this paper, the authors set out a conceptual framework which examines nine popular modes of knowledge acquisition essential to the internationalisation process and their comparative strengths and weaknesses, coupled with a more intensive evaluation of the relative merits of expatriates and immigrant employees.
Abstract: Purpose – This conceptual paper starts from the recognition that internationalisation of business is an information‐intensive process and aims to investigate two key modes for the acquisition of knowledge: expatriates and immigrant employees.Design/methodology/approach – The paper sets out a conceptual framework which examines nine popular modes of knowledge acquisition essential to the internationalisation process and their comparative strengths and weaknesses. This is coupled with a more intensive evaluation of the relative merits of the two strategies of expatriates and immigrant employees.Findings – The analysis suggests that the modes of expatriates and immigrant employees can both be cost effective and yield high levels of relevant knowledge underpinning internationalisation. However, there are key differences between the two and it may be more useful to consider them as complements rather than simply substitutes. The strength of expatriates is their considerable knowledge of the home market, indust...
20 citations
TL;DR: In this article, the authors reviewed the concept of clustering and examined both mature and newly evolved natural ethnic entrepreneurial business clusters in Melbourne, Australia, and found that Box Hill has evolved into a second Chinatown in Melbourne through natural entrepreneurial business cluster.
Abstract: Purpose – This paper aims to review the concept of clustering and to examine both mature and newly evolved natural ethnic entrepreneurial business clusters in Melbourne, Australia.Design/methodology/approach – Phenomenological methodology was employed in this research. This qualitative research technique examines life experiences in an effort to understand and give them meaning. This method is seen to be appropriate as the study is investigative and explores the historical development, maintenance and growth of ethnic entrepreneurship clusters.Findings – Box Hill has evolved into a second Chinatown in Melbourne through natural ethnic entrepreneurial business cluster. The key features of these entrepreneurs are high educational and professional competence; focus on hard work and persistence; independence and sense of freedom as the key driving force; maintaining cultural linkage with countries of origin; almost no assistance from government agencies; succession or exit is not a major issue; and strong beli...
20 citations
TL;DR: This paper examined the economic effect of immigration in particular the government's ability to select human capital that benefits the economy, and found that the best performing immigrants are those with similar cultures to the dominant NZ ethnic group.
Abstract: Purpose – This paper aims to examine the economic effect of immigration, in particular, government's ability to select human capital that benefits the economy.Design/methodology/approach – The effects of recent migration to New Zealand are examined, drawing on government statistics. Outcomes are contrasted with policy intentions, and the effect of diversity is considered before examining the economic effect on Auckland city.Findings – The government's assessment of human capital does not reflect market assessment. Reasons include systemic abuse, government valuation of qualifications that are not transferable, and insufficient value placed on language, culture, nor time required for adaptation. The best performing immigrants are those with similar cultures to the dominant NZ ethnic group.Research limitations/implications – More research is needed to quantify impacts, however migration can also be linked to some barriers to growth including congestion costs and diversion of investment to low growth areas.P...
16 citations
TL;DR: In this article, the role of socio-economic institutions on the immigrant effect was investigated in two multi-ethnic societies of the USA and Canada; comparing it in a melting pot and a multicultural approach.
Abstract: Purpose – This study aims to investigate the role of socio‐economic institutions on immigrant effect (IE). The IE is to be empirically tested in two multi‐ethnic societies of the USA and Canada; comparing it in a melting pot and a multicultural approach. This effect is also separately to be examined in several provinces and states, each with its own social setting, in both countries.Design/methodology/approach – The study examines data mainly collected from the census, immigration, and trade/export data in both countries, for the six‐year period of 2000‐2005. The paper compiles data in a panel data format on immigrant groups and trade with the country of origin of 27 (US) and 29 (Canada) immigrant groups.Findings – The analysis implies findings almost the opposite of what was expected; immigrant effect exists in a melting pot and is not significant in a multicultural society.Research limitations/implications – The study is limited to two societies, and still needs to be tested in other multicultural and m...
TL;DR: In this article, the authors explore how different types of firms relate to their markets in terms of contemporary marketing practices (CMP) in an emerging country, Bangladesh, and examine the various marketing performance measures used by Bangladeshi firms.
Abstract: Purpose – The purpose of this paper is to explore how different types of firms relate to their markets in terms of contemporary marketing practices (CMP) in an emerging country, Bangladesh. Additionally, the paper also examines the various marketing performance measures used by Bangladeshi firms.Design/methodology/approach – The CMP survey was used on 165 marketing managers chosen from a range of industrial sectors as a basis for data collection. Data were analyzed using cluster analysis and other descriptive statistics.Findings – The study found that a pluralistic marketing approach is predominant among the majority of the Bangladeshi firms, while few other firms also practise transactional marketing. Results also reveal that Bangladeshi firms apply a blend of performance indicators rather than relying on specific financial‐ or client‐based measures to evaluate business success.Research limitations/implications – The present study provides a benchmark for future studies on CMP in emerging/developing coun...
TL;DR: In this paper, the authors examined the implications of non-tariff measures (NTMs) on firms' international business operations through a survey of India's textiles and clothing exporting firms.
Abstract: Purpose – This paper attempts to examine the implications of non‐tariff measures (NTMs) on firms' international business operations through a survey of India's textiles and clothing exporting firms. The main objectives of the study are to identify and assess the impact of NTMs, and analyze the cost incurred in complying with them.Design/methodology/approach – This paper is based on the survey which was jointly undertaken with the Market Research Division of Textiles Committee, Mumbai.Findings – The results reveal that the EU and USA‐based buyers are more restrictive with significantly higher NTM incidences. The technical barriers, product and production process standards, and conformity assessment requirement for technical barriers are the widely used NTM categories. The compliance expenditure may vary according to firm size, and an inverse relation is revealed by this study. The larger and smaller firms demonstrate important differences in compliance due to their varying resource endowments. Further, the...