Abstract
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Abstract
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Srishti Goyal and Vasudha Chopra
The investment development path of emerging markets’ MNEs is significantly different from the developed (TRIAD) world’s MNEs; BRIC MNEs seem to have taken a different trajectory…
Abstract
Purpose
The investment development path of emerging markets’ MNEs is significantly different from the developed (TRIAD) world’s MNEs; BRIC MNEs seem to have taken a different trajectory on account of various political and economic reasons, ranging from the ‘forms of entry’ to ‘country-specific advantages’ (Tulder, R. V. (2010). Toward a renewed stages theory for BRIC multinational enterprises? A home country bargaining approach. In K. P. Sauvant, G. McAllister, & W. A. Maschek (Eds.), Foreign direct investments from emerging markets: The challenges ahead (pp. 61–74). New York, NY: Palgrave Macmillan). Yet, some believe that in the long run the internationalization strategy of the developed world MNEs and BRIC MNEs will converge. Internationalization strategies as measured by OFDI depend on various macroeconomic determinants such as income, interest rate, openness of the economy, etc. The chapter intend to highlight, the significant difference between these two groups of countries on account of diverse political reforms towards internalization of firms, yet see if these different countries might converge.
Methodology/approach
Regression analysis examines the significance of the role of home government by testing the effect of governance indicators; that is voice and accountability, on OFDI. It further, tests for convergence of internationalization strategies of the two historically divergent groups, also, it tests convergence amongst the BRIC nations. Along with forecasting, time series analysis is also employed to examine convergence using univariate sigma convergence techniques.
Findings
Impact of voice and accountability is significant but it hinders OFDI for BRIC nations, while it promotes OFDI for TRIAD & ALL. Moreover, the analysis found the existence of convergence, that is BRIC will catch up with TRIAD, but though convergence exists amongst BRIC if we take a long span of time (45 years), it is absent in short span of time (19 years), as lately BRIC have shown divergent tendency.
Research limitations/implications
Small sample size in multivariate regression analysis. Also, the governance indicator, that is voice and accountability, is perception based, and missing gaps in data for governance indicator is filled using interpolation.
Originality/value
Empirically testing the convergence of BRIC nations with the developed world. A univariate time series analysis is undertaken to understand each country’s heterogeneous FDI outflows and to address the research gap in existing forecasting literature. In addition, the comparison specifically between the Emerging Market Economies, that is the BRIC nations and the developed world gives some useful insights. This chapter ascertains the impact of governance indicator on OFDI; empirical literature shows such analysis for IFDI & FDI, but OFDI is rarely been dealt with.
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Kasimu Sendawula, Muhammed Ngoma, Juma Bananuka, Saadat Nakyejwe Lubowa Kimuli and Frank Kabuye
The purpose of this study was to establish the mediation role of organizational learning in the relationship between business networking and internationalization of manufacturing…
Abstract
Purpose
The purpose of this study was to establish the mediation role of organizational learning in the relationship between business networking and internationalization of manufacturing small and medium-sized enterprises (SMEs) using evidence from Uganda.
Design/methodology/approach
This study is cross sectional and correlational. Data were collected through a questionnaire survey of 96 manufacturing SMEs. Data were analyzed through correlation coefficients, hierarchical regression and mediation analysis using Statistical Package for the Social Sciences and MedGraph - Excel Version.
Findings
Findings indicate that organizational learning partially mediates the relationship between business networking and internationalization of SMEs. Results further reveal that business networking and organizational learning significantly predict internationalization of SMEs.
Originality/value
This study contributes to the already existing literature on internationalization of SMEs as it provides initial empirical evidence on the mediating role of organizational learning in the relationship between business networking and internationalization of SMEs using evidence from a developing country – Uganda.
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This study aims to develop and empirically test a model that describes the factors influencing a firm’s export performance; a model that can be adopted by future export…
Abstract
Purpose
This study aims to develop and empirically test a model that describes the factors influencing a firm’s export performance; a model that can be adopted by future export researchers, policymakers and practitioners. Specifically, this study aimed to identify the main factors affecting the export performance of manufacturing small- to medium-sized enterprises (SMEs) in Rwanda and determine the extent of influence of each identified factor on export performance.
Design/methodology/approach
The research design combines both exploratory research and causal research designs to test the proposed model. Interview guide and survey questionnaires were used to collect the raw data. The collected quantitative data were analysed using the structural equation modelling technique with the Analysis of Moment Structures software.
Findings
The findings revealed that all the factors identified, namely, organisational, entrepreneurial and industrial, and market factors had a significant positive impact on the export performance of SMEs. Moreover, entrepreneurial factors were proven to be the most influencing factors in export performance followed by market-level factors. In this context, the proposed resource-market-based model of export performance was tested and validated in a less developed country, Rwanda, for exporting SMEs.
Originality/value
The proposed model of export performance extends the existing literature in two ways: firstly, it integrates internal and external factors to explain the export performance of an SME and secondly, it tests the relative importance of these factors in driving and maintaining international performance.
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Iman El-Sayed Hossam Hegazy and Ossama El-Sayed Hossam Hegazy
In 2017, 50 percent of Syrian refugee applications in Egypt were submitted by females. However, a suitable integration strategy for this target group remains obscure since the…
Abstract
Purpose
In 2017, 50 percent of Syrian refugee applications in Egypt were submitted by females. However, a suitable integration strategy for this target group remains obscure since the available approaches focus mainly on male integration. That is due to the assumption that women refugees are mere followers to men who socially and economically dominate the families in the Middle East. Accordingly, the integration of the Syrian women refugees in society, as well as in the market, proceeds spontaneously without clear visions and therefore with delays. The paper aims to discuss this issue.
Design/methodology/approach
To methodologically understand the circumstances of the aforementioned group expert, focused and narrative “episode interviews” have been conducted. Alexandria, Egypt’s second capital, is the research case study as well as the researchers’ hometown. Thus, it allows following a “descriptive comparative analysis” process between the three Alexandrian districts, with different urban fabric: “Al-Nkhil Agamy” gated community, “El-Asafra/Sidi Becher” informal settlement and “New Borg El-Arab” new city.
Findings
Yet, it is unknown what criteria the Syrian women refugees set for choosing their accommodation. Similarly, the obstacles they encounter, especially the ones preventing their integration, are ambiguous. Even their daily life, which might give insights into the barriers they face, due to their status, is unclear. These are the gaps this paper tackles, in addition to the refugees’ immaterial cultural impact in the host society.
Originality/value
Finally, but also importantly, the topic has been seldom researched in Alexandria, in comparison with Cairo. Therefore, this paper aims at qualitatively hearing of the Syrian refugees’ voices in order to enhance their societal interaction and coexistence in Alexandria.