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"Verbeke, Alain"
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Handbook of research on international strategic management
This title presents leading thinkers' views on multinational enterprise as well as offering both a concise synthesis and critical reflections on current international strategic management research.
Book
The long-term energy transition and multinational enterprise complexity
Geoffrey Wood and Pawan Budhwar, the Co-Editors-in-Chief of the British Journal of Management - BJM, suggested at the 2017 AIB Conference in Dubai, that JIBS and BJM develop a Joint Initiative on long-term energy transition (LTE transition). The JIBS Editors and I enthusiastically agreed to work with the BJM on this initiative, especially because of JIBS’ new strategy to publish highquality work addressing big questions and grand challenges in international business (IB) (Buckley, Doh, & Benischke, 2017). Erin Bass and Birgitte Grøgaard accepted the lead roles in assessing manuscripts and guiding these toward acceptance by JIBS.
Four years later, both JIBS and the BJM are in a position to publish simultaneously two sets of excellent articles on the grand societal and business challenge of the LTE transition. These papers demonstrate that IB-oriented research offers distinct intellectual value to the description and assessment of the LTE transition currently underway in the global economic system.
IB-oriented research is different from other types of scholarship in two important respects. First, this research offers insight into how macro-level governance mechanisms, including regulations and other types of external pressures, can affect the behaviour of firms across geographic and industry space. Several high-quality papers in the BJM portion of the Joint Initiative with JIBS address this first issue (Allen, Allen, Cumming & Johan, 2021; Andreou & Kellard, 2021; Liu, Zhang, Cai & Davenport, 2021; Tarim, Finke & Liu, 2021). Second, IB-oriented research also offers advanced understanding of how multinational enterprises (MNEs) cope with unique vulnerabilities, and how they develop and deploy distinct capabilities to enact the LTE transition. The papers published in this issue of JIBS, in addition to discussing the impact of external pressures, add this unique focus on firm-level capabilities
Journal Article
Beyond addressing multicollinearity: Robust quantitative analysis and machine learning in international business research
We reconcile the recommendations made by Kalnins (J Int Bus Stud, 2022) on the one hand and by Lindner, Puck and Verbeke (J Int Bus Stud 51(3):283–298, 2020) on the other, on how international business (IB) quantitative researchers should treat multicollinearity. We explain that, in principle, treatment depends on the underlying data generation process, but note that datasets based on any single generation process are rare. In doing so, we broaden the discussion to include how research methods should be selected and robust statistical models built. In addition, we highlight the importance of a comprehensive literature review in selecting appropriate control variables. We also make suggestions on addressing cross-level dependencies and selecting robustness checks to avoid bias in statistical results. Finally, we go beyond regression and include a broader palette of research methodologies building on machine-learning approaches.
Journal Article
The contributions of qualitative comparative analysis (QCA) to international business research
International business (IB) researchers have been slow to embrace a configurational approach in hypothesis formulation and empirical analysis. Yet, much of what IB scholars study is inherently configurational: various explanatory factors and their interplay simultaneously determine the outcome(s) studied, such as governance choice or firm-level performance. The mismatch between the nature of the empirical phenomena studied on the one hand, and hypothesis formulation and empirical methods deployed on the other, explains why many quantitative empirical studies in IB are overly reductionist, relying on hypotheses that assume linear (or simple, curvilinear), unifinal, and symmetrical effects. In this Editorial, we introduce IB scholars to contemporary configurational thinking and its analytical tool, fuzzy-set qualitative comparative analysis (fsQCA). We discuss this tool’s main tenets, advantages, and disadvantages. We review the limited prior IB research using this approach and present a wide range of IB phenomena where it could be usefully applied. We propose that contemporary configurational thinking and fsQCA can help scholars produce insights more closely aligned with the complex realities of international business than conventional research approaches.
Journal Article
International HRM insights for navigating the COVID-19 pandemic
We show the relevance of extant international business (IB) research, and more specifically work on international human resources management (IHRM), to address COVID-19 pandemic challenges. Decision-makers in multinational enterprises have undertaken various types of actions to alleviate the impacts of the pandemic. In most cases these actions relate in some way to managing distance and to rethinking boundaries, whether at the macro- or firm-levels. Managing distance and rethinking boundaries have been the primary focus of much IB research since the IB field was established as a legitimate area of academic inquiry. The pandemic has led to increased cross-border distance problems (e.g., as the result of travel bans and reduced international mobility), and often also to new intra-firm distancing challenges imposed upon previously co-located employees. Prior IHRM research has highlighted the difficulties presented by distance, in terms of employee selection, training, support, health and safety, as well as leadership and virtual collaboration. Much of this thinking is applicable to solve pandemic-related distance challenges. The present, extreme cases of requisite physical distancing need not imply equivalent increases in psychological distance, and also offer firms some insight into the unanticipated benefits of a virtual workforce – a type of workforce that, quite possibly, will influence the ‘new normal’ of the post-COVID world. Extant IHRM research does offer actionable insight for today, but outstanding knowledge gaps remain. Looking ahead, we offer three domains for future IHRM research: managing under uncertainty, facilitating international and even global work, and redefining organizational performance.
Journal Article
Entrepreneurship in the Global Firm
Provides the research insights from the international business field on entrepreneurship in the global firm. This collection offers a comprehensive perspective on the wide variety of conceptual and managerial issues that arise as a result of entrepreneurial action in firms operating in the global economy.
eBook
Distance in International Business: Concept, Cost and Value
The twelfth volume in the Progress in International Business Research series presents extensive accounts of the contemporary scientific debate on how to assess the impacts of distance, both negative and positive ones, on the conduct of international business.
eBook
The New Internalization Theory and Multinational Enterprises from Emerging Economies: A Business History Perspective
The recent surge of emerging-economy multinational enterprises (EMNEs) has prompted a debate on whether existing international business theory—particularly internalization theory—can accommodate this phenomenon. Our view is that no new, EMNE-centric theory is required to study EMNEs. Using historical evidence, we argue that “new” internalization theory is sufficient to address the complexity of EMNEs, and we illustrate our argument with examples of ten successful EMNEs from Asia and the Americas. We further argue that a business history lens can illuminate the behavior of developed-economy multinationals. We show how management scholars can advance their research agendas by engaging with business history and how business historians can use internalization theory to analyze the history of multinationals.
Journal Article