The Case for Business in Developing Economies

The Case for Business in Developing Economies PDF Author: Ann Bernstein
Publisher: Penguin Random House South Africa
ISBN: 0143527223
Category : Business & Economics
Languages : en
Pages : 374

Get Book

Book Description
Business is increasingly being called upon to demonstrate 'what more' it does for society. In a climate in which companies are frequently painted as social outlaws who need fundamentally to change their ways, this determined if ill-founded attack has been met for the most part by appeasement in corporate circles. This acquiescence has given rise to the burgeoning 'corporate social responsibility' industry. Why is business going along with this? The current conversation about business and society is dominated by the perspectives and interests of those who live in rich western countries. Many activists, analysts and others do not grasp the realities of poverty and the hard choices of development outside the industrialised world. As a result, the debate about business, 'responsibility' and corporate involvement in development is distorted, with few voices from developing countries being heard and the positive contribution of 'just doing business' almost completely unacknowledged. In this book, Ann Bernstein argues that a new approach and a new discourse are required to cut through an increasingly flawed conversation with potentially dangerous consequences for the poor and for developing countries in particular. Informed by many years of living, working, and championing the role of business in growth and development in a middle-income developing country, Bernstein urges business not to let the attacks stand unchallenged. It must find the confidence and strategic vision to stop apologising, develop its own public agenda, and start propagating the phenomenal benefits of competitive capitalism for the less developed countries of the world.

The Case for Business in Developing Economies

The Case for Business in Developing Economies PDF Author: Ann Bernstein
Publisher: Penguin Random House South Africa
ISBN: 0143527223
Category : Business & Economics
Languages : en
Pages : 374

Get Book

Book Description
Business is increasingly being called upon to demonstrate 'what more' it does for society. In a climate in which companies are frequently painted as social outlaws who need fundamentally to change their ways, this determined if ill-founded attack has been met for the most part by appeasement in corporate circles. This acquiescence has given rise to the burgeoning 'corporate social responsibility' industry. Why is business going along with this? The current conversation about business and society is dominated by the perspectives and interests of those who live in rich western countries. Many activists, analysts and others do not grasp the realities of poverty and the hard choices of development outside the industrialised world. As a result, the debate about business, 'responsibility' and corporate involvement in development is distorted, with few voices from developing countries being heard and the positive contribution of 'just doing business' almost completely unacknowledged. In this book, Ann Bernstein argues that a new approach and a new discourse are required to cut through an increasingly flawed conversation with potentially dangerous consequences for the poor and for developing countries in particular. Informed by many years of living, working, and championing the role of business in growth and development in a middle-income developing country, Bernstein urges business not to let the attacks stand unchallenged. It must find the confidence and strategic vision to stop apologising, develop its own public agenda, and start propagating the phenomenal benefits of competitive capitalism for the less developed countries of the world.

Making It Big

Making It Big PDF Author: Andrea Ciani
Publisher: World Bank Publications
ISBN: 1464815585
Category : Business & Economics
Languages : en
Pages : 178

Get Book

Book Description
Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.

Building Businesses in Emerging and Developing Countries

Building Businesses in Emerging and Developing Countries PDF Author: Elie Virgile Chrysostome
Publisher: Routledge
ISBN: 1136168850
Category : Business & Economics
Languages : en
Pages : 386

Get Book

Book Description
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.

Global Business Strategy

Global Business Strategy PDF Author: Kazuyuki Motohashi
Publisher: Springer
ISBN: 4431554688
Category : Business & Economics
Languages : en
Pages : 265

Get Book

Book Description
This book presents theories and case studies for corporations in developed nations, including Japan, for designing strategies to maximize opportunities and minimize threats in business expansion into developing nations. The case studies featured here focus on Asia, including China and India, and use examples of Japanese manufacturers. Five case studies are provided, including Hitachi Construction Machinery and Shiseido in China and Maruti Suzuki in India. These cases facilitate the reader’s understanding of the business environments in emerging economies. This volume is especially recommended for business people responsible for international business development, particularly in China and India. In addition, the book serves as a useful resource for students in graduate-level courses in international management.

Entrepreneurship and Economic Development

Entrepreneurship and Economic Development PDF Author: Wim Naudé
Publisher: Springer
ISBN: 0230295150
Category : Business & Economics
Languages : en
Pages : 384

Get Book

Book Description
Leading international scholars provide a timely reconsideration of how and why entrepreneurship matters for economic development, particularly in emerging and developing economies. The book critically dissects the evolving relationship between entrepreneurs and the state.

Trust

Trust PDF Author: Tarun Khanna
Publisher: Berrett-Koehler Publishers
ISBN: 1523094850
Category : Business & Economics
Languages : en
Pages : 214

Get Book

Book Description
A Harvard Business School professor and international entrepreneur explains the crucial ingredient for success in the developing world. Entrepreneurial ventures often fail in the developing world because of the lack of something taken for granted in the developed world: trust. Over centuries the developed world has built up customs and institutions like enforceable contracts, an impartial legal system, credible regulatory bodies, even unofficial but respected sources of information like Yelp or Consumer Reports that have created a high level of what scholar and entrepreneur Tarun Khanna calls “ambient trust.” If a product is FDA-approved we feel confident it’s safe. If someone makes an untrue claim or breaks an agreement we can sue. Police don’t demand bribes to do their jobs. Certainly there are exceptions, but when brought to light they provoke a scandal, not a shrug. This is not the case in the developing world. But rather than become casualties of mistrust, Khanna shows that smart entrepreneurs adopt the mindset that, like it or not, it’s up to them to weave their own independent web of trust—with their employees, partners, clients, and customers—and with society as a whole. This can requires innovative approaches in places where the level of societal mistrust is so high that, as in one example Khanna provides, an official certification of quality simply arouses suspicion—and lowers sales! Using vivid examples from Brazil, China, India, Mexico and elsewhere, Khanna shows how entrepreneurs can build on existing customs and practices instead of trying to push against them. He highlights the role new technologies can play (but cautions that these are not panaceas), and explains how entrepreneurs can find dependable partners in national and local governments to create impact at scale

Infrastructure Investments in Developing Economies

Infrastructure Investments in Developing Economies PDF Author: Giang Dang
Publisher: Springer
ISBN: 9812872485
Category : Technology & Engineering
Languages : en
Pages : 258

Get Book

Book Description
This book aims to provide knowledge on how infrastructure is planned and built in a typical developing country, and what key variables are there in the system limiting the efficient use of public investments in infrastructure. The book begins with a comprehensive literature review on construction and economic development, and trade and economic development. The focus of the book is on the case of Vietnam, with lessons drawn for other developing economies. The book employs the mixed use of data to provide a stronger basis for analysis and interpretation of related government policies. Based on the research findings, the book recommends significant capacity building work for Vietnam to develop capacities that would remove constraints on the efficient use of public investments in infrastructure. The general principles of significant capacity building work which are useful for policy implications are introduced in the book. Analysts, academics, public and private communities in developing countries can adopt the research findings as guiding principles to bring about changes in their current use of public investments in infrastructure, thus supporting their trade and economic growth in the long term.

International Businesses and the Challenges of Poverty in the Developing World

International Businesses and the Challenges of Poverty in the Developing World PDF Author: F. Bird
Publisher: Springer
ISBN: 0230522505
Category : Business & Economics
Languages : en
Pages : 247

Get Book

Book Description
We live in a globally interconnected but economically divided world where internationally linked businesses can play a significant role in helping and/or obstructing the development of impoverished countries. Through a series of case studies, this volume examines what can be learned, both positively and critically, from the experiences of selected internationally connected firms in Nigeria, Uganda, Ghana, Vietnam, Guyana, and the Nunavik region of northern Canada. This book begins with a set of reflections on the strategies firms might adopt so that they develop both their own assets as well as those of the areas in which they operate. A team of more than two dozen researchers from the developed and developing countries conducted the research on which the essays on this and subsequent volumes are based. Dr Frederick Bird from Concordia University in Montreal directed the overall research project.

Contextualizing Entrepreneurship in Emerging Economies and Developing Countries

Contextualizing Entrepreneurship in Emerging Economies and Developing Countries PDF Author: Marcela Ramírez Pasillas
Publisher: Edward Elgar Publishing
ISBN: 1785367536
Category : Business & Economics
Languages : en
Pages : 384

Get Book

Book Description
Contextualizing Entrepreneurship in Emerging Economies and Developing Countries

Emerging Economies and the Transformation of International Business

Emerging Economies and the Transformation of International Business PDF Author: Subhash C. Jain
Publisher: Edward Elgar Publishing
ISBN: 1847202985
Category : Business & Economics
Languages : en
Pages : 567

Get Book

Book Description
The economic power of Brazil, Russia, India and China (BRICs) is rapidly increasing, changing the landscape of global economics and politics. Top scholars of international business address in this vital volume the markets, strategy implications, challenges and possibilities of this new economic reality. As these four nations acquire greater economic clout, the opportunities for other countries increase. The contributors describe the favorable circumstances these evolving economies could provide for the US and other countries, such as expanded markets and services, higher returns on investments, and new partners in building a more peaceful and prosperous world. In contrast, they also discuss risks to traditional industries and possible challenges to positions on human rights and intellectual property protections, environmental standards, free markets and democratic governments. The volume emphasizes the need for companies to adopt strategies to stay ahead in the changing business environment. Governments must also design and implement new policies geared toward mutually beneficial relationships with BRICs. This enlightening study will be of great interest to students and scholars of international business. Executives of large companies will find it of great practical use when planning their organization s future strategies.