This book focuses on the challenges and opportunities facing companies in emerging and developing countries. China and India have become the primary business destination for many global companies that are looking for market opportunities and low costs of production, whilst Morocco, Dubai, Brazil, Malaysia and Russia are also being targeted. This new edited volume helps develop a better understanding of the realities of doing business in emerging and developing countries, in particular exploring the dynamics between corporations – both indigenous and multinational – and local pressures in developing, transitional and emerging economies.
The book points out the benefits and pitfalls of doing business in emerging and developing countries, as well as the adjustments that are necessary for success. It also discusses entrepreneurship in emerging and developing countries, exploring its new realities from women’s entrepreneurship in Muslim countries to social entrepreneurship in developing countries. The volume also points out the new challenges for SMEs of emerging and developing countries in a global competitive environment. Finally, it analyses corporate governance from a local partner perspective and an institutional perspective.
Building Businesses in Emerging and Developing Countries will be of interest to business managers, students and researchers involved in international entrepreneurship and corporate governance.
Table of Contents
Introduction Elie Chrysostome and Rick Molz Part I: Relocating Businesses in Developing and Emerging Countries: Adjustments to host country 1. Challenges of Disruptive Political Change for Business Development in Nepal Basu Sharma 2. The Business Environments of the Arab World: Challenges, opportunities and new realities Hiba Al-Ali Part II: Entrepreneurship in Developing and Emerging Countries: Myths and realities 3. Diaspora Entrepreneurship in Africa: Exploring a promising tool of socio-economic developmentElie Chrysostome 4. Entrepreneurial Capital and Internationalization of SMEs based in Emerging Economies Hamid Etemad and C. H. Keen 5. Institutions and Entrepreneurship in China: Three regions, three tales Yuan Li 6. Multinational Enterprises as Institutional Entrepreneurs in Emerging Countries Arash Amirkhany and Guillaume Pain 7. Motivational Factors Influencing Social Entrepreneurship in Bangladesh Muhammad Mohiuddin, Rumana Parveen, Masud Ibn Rahman and Zhan Su Part III: SMEs in Developing and Emerging Countries: Strategies and challenges 8. Entries Strategies of Hungarian SMEs into Mature Market EconomiesCatalin Ratiu and Rick Molz 9. Strategies of SMEs in Emerging Economies: A dynamic approach based on local/global concerns Mehdi Farashahi and Faiza Muhammad 10. Growth of High Tech Born Global SMEs in Emerging Countries Oualid Abidi, Zhan Su and Elie Chrysostome 11. Small Business in Developing Countries and Institutional Challenges in Turbulent Environments: The case of Algeria Boujemaa Amroune, Taieb Hafsi, Prosper Bernard and Michel Plaisent 12. Challenges and Marketing Strategies of Luxury Goods in Emerging Countries: A study of Chinese consumers Saidi Sandra, Muhammad Mohiuddin, Zhan Su and Elie Chrysostome 13. Critical Factors for Survival of SMEs in the Algerian Context of ChangesBoujemaa Amroune, Taieb Hafsi, Prosper Bernard and Michel Plaisent Part IV: Corporate Governance in Developing and Emerging Countries: From local partner perspective to institutional perspective 14. Corporate Governance in Emerging Countries’ Markets: Agency and institutional relationships Catalin Ratiu, Michel Magnan, J. Kim and Sujit Sur 15. The Two Phases of Local-Global Dynamic Interactions: Global brewers in the unfolding Chinese institutional framework Rick Molz, Li Yan and Taieb Hafsi 16. Strengthened Government Roles in Facilitating Inter-Organizational Knowledge Transfer in the Chinese Context Yuanyuan Wu 17. Discussing the Effect of Upgrade Programs on the Adaptation and Performance of SMEs in Developing Countries: A contingency perspective Boujemaa Amroune, Taieb Hafsi, Prosper Bernard and Michel Plaisent Conclusion Rick Molz and Elie Chrysostome
Elie Virgile Chrysostome is Professor of International Business and Strategic Management at the State University of New York, Plattsburgh, USA and Director of the CEDIMES Institute USA. He is also a Research Associate at the Montreal Local Global Research Group at Concordia University, Canada and at the Walter Somers Chair of International Strategic Management at HEC-Montreal, Canada. He was the chair of the International Business Division of the Association of Administrative Sciences of Canada (ASAC).
Rick Molz is Professor of Management at the John Molson School of Business of Concordia University, Canada. His research interests lie in international business strategy, particularly in developing, emerging and transitional economies. He has published three books relating to international business and strategy, the most recent being The Multinational Enterprise in Developing Countries (Routledge 2010), co-edited with Catalin Ratiu and Ali Taleb.