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The conventional view of globalization sees it as a process driven by giant firms from the Triad regions of North America, Europe, and Japan, shaping the world in their own image. This book contests such a view, describing the extraordinary success of a handful of multinationals from the "Periphery" in globalizing their operations extremely rapidly. Focusing on Acer, the Taiwanese IT company; the Hong Leong hotel group of Singapore; Ispat International in steel; Cemex of Mexico in cement; and Li and Fung from Hong Kong in contract manufacturing, Mathews demonstrates that these firms have been able to utilize strategies of international linkage and leverage to accelerate their global coverage. He contends that they are pioneers of a new kind of global firm, indicators that the global business civilization being created in the 21st century is like to be pluralistic and diverse, offering unprecedented opportunities for firms that know how to enmesh themselves in global networks.
This book investigates whether the traditional model of globalization, dominated by firms from North America, Europe, and Japan, is being challenged by the rapid rise of multinational corporations from emerging economies. John A. Mathews, a professor of management, utilizes case studies of firms from the 'Periphery' to argue that these companies employ unique strategies of linkage and leverage to achieve global scale. He posits that the 21st-century business landscape is shifting toward a more pluralistic and diverse model where firms succeed by integrating into global networks rather than relying on traditional market dominance.
What You Will Find
Experts recognize this work as a significant contribution to the study of non-Western multinational development and global strategy. Readers frequently note the clarity with which the author explains complex economic shifts in the context of emerging market firms.
Page Count:
272
Publication Date:
2002-01-31
Publisher:
Oxford University Press
ISBN-10:
0195121465
ISBN-13:
9780195121469
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