Domestic markets and international competitiveness: generic and product-specific competencies in the engineering sector
Article Abstract:
A theory was developed to describe how firm competencies are influenced by the size of the domestic market. This theory proposes that larger markets tend to produce market leaders with greater efficiency than market leaders in smaller markets. It also asserts that the benefits derived from market size decrease with size since greater market size results in stiffer competition, suggesting that market size is more relevant if performance is based on narrow, product-oriented competencies instead of generic competencies. The propositions were tested on design, engineering and construction contracting companies specializing in oil-refining and petrochemical facilities in the US, Western Europe and Japan. Findings revealed that the industries in the smaller markets of Europe and Japan are more competitive in operations that do not rely on product-specific competencies that can be helpful in different products.
Publication Name: Strategic Management Journal
Subject: Business
ISSN: 0143-2095
Year: 1997
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The effects of the keiretsu on the export performance of Japanese companies: help or hindrance?
Article Abstract:
A study was conducted to ascertain if membership in a financial keiretsu influences the export performance of Japanese manufacturers. Data were collected from a sample of 213 Japanese manufacturing companies between 1986 to 1992. Findings revealed that keiretsu members experienced lower export ratios than similar non-member companies. The negative effects were mostly limited to producer goods companies with the tightest intergroup linkages, such as preferential trading relationships. Moreover, keiretsu members were also found to perform less well on other performance measures, indicating that keiretsu characteristics can undermine competitiveness. The findings imply that keiretsu-type alliances may not be a recommendable organizational strategy in the global market.
Publication Name: Strategic Management Journal
Subject: Business
ISSN: 0143-2095
Year: 1998
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U.S. national security export controls: implications for global competitiveness of U.S. high-tech firms
Article Abstract:
Strict and complex US national security export controls are hampering the performance of American exporters of high-technology, 'dual-use' products in the global markets. Many foreign companies purposely avoid using American products so that they would not have to deal with cumbersome US reexport controls on these products. It was concluded that the conceptualization and implementation of the current American export policy is not sensitive to the changes in the global and technological environments. An alternative export control system is proposed, one that would totally prevent adversaries from acquiring dual-use goods and technologies, while eliminating all high-technology trade controls among allies.
Publication Name: Strategic Management Journal
Subject: Business
ISSN: 0143-2095
Year: 1992
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