Tools and Resources centre – Page 8

The RBV and competitive Advantage.

The Resource Based View

Check out Collis & Montgomery’s HBR take on the Resource Based View.

‘Luck’ in International Business.

Do you think Good luck and bad luck plays a key role in expanding overseas? In a case study of the Rover company entering Bulgaria (Elenkov, D., & Fileva, T. (2006)), bad luck is described as starting with the death of the Executive who started the entry process. The role of Supernatural beliefs in Chinese culture (Chang, W. L., & Lii, P. (2008)) and how lucky numbers are used to manage uncertainty brings out a cultural dimension of the role of ‘luck’ in business. In another study that looks at CEOs who outperform peers(Kim, S., Eberhart, R., & Armanios, D. (2017)), luck is viewed through a lens of CEO role of luck versus skill in CEO performance.
This is work in progress-

References

Chang, W. L., & Lii, P. (2008). Luck of the draw: Creating Chinese brand names. Journal of Advertising Research, 48(4), 523-530.

Elenkov, D., & Fileva, T. (2006). Anatomy of a business failure: Accepting the “bad luck” explanation vs proactively learning in international business. Cross Cultural Management: An International Journal.

Kim, S., Eberhart, R., & Armanios, D. (2017). What makes a winner? Toward resolving the role of luck and skill in sustained CEO performance. Toward Resolving the Role of Luck and Skill in Sustained CEO Performance (May 2017).

Business Day – The New York Times

Search through NYT’s articles on topics such as business and policy, markets, economy, entrepreneurship, and money

Corporate Watch Research

Corporate Watch is a not-for-profit co-operative providing critical information on the social and environmental impacts of corporations and capitalism.

OECD iLibrary

OECD iLibrary is the online library of the Organisation for Economic Cooperation and Development (OECD) featuring its books, papers and statistics and is the gateway to OECD’s analysis and data. It allows a a user to choose between a country or by a statistical theme.

Global Recessions

This paper traces a history of Global Recessions .

The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009. During each of these episodes, annual real per capita global gross domestic product contracted, and this contraction was accompanied by weakening of other key indicators of global economic activity. The global recessions were highly synchronized internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off by the global financial crisis, was by far the deepest and most synchronized of the four recessions. As the epicenter of the crisis, advanced economies felt the brunt of the recession. The subsequent expansion has been the weakest in the post-war period in advanced economies, as many of them have struggled to overcome the legacies of the crisis. In contrast, most emerging market and developing economies weathered the 2009 global recession relatively well and delivered a stronger recovery than after previous global recessions.

Citation

“Kose, M. Ayhan; Sugawara, Naotaka; Terrones, Marco E.. 2020. Global Recessions. Policy Research Working Paper;No. 9172. World Bank, Washington, DC. © World Bank. https://openknowledge.worldbank.org/handle/10986/33415 License: CC BY 3.0 IGO.”