The second presenters in the MLGRG speaker series is Professor Alan Rugman
Head of School of IBS and Professor of International Business, Henley Business School, University of Reading, UK. Friday, September 30, 2011
The presentation titled
Multinational Enterprises and Asian Business Development
Dr. Rugman during the presentation
In his interesting presentation, Dr. Rugman examined the potential and actual contribution by Western MNEs to the economic and business development of Asian economies. He focused in particular upon the business development of clusters of indigenous firms in Korea, Singapore, and China when these are stimulated by inward FDI, which leads to the establishment of new clusters of economic activities. In his analysis, he used the basic model of the international business, the country-specific advantages (CSAs) and firm-specific advantages (FSAs) framework as developed in Rugman (1981). He also presented a data on the international competitiveness of Asian firms and the contributions that such emerging economy MNEs can make to the economic development of their countries. In other words, Dr. Rugman discussed both inward and outward FDI in Asia, facilitated initially through the activities of Western MNEs. Finally, he examined the local (host country) activities of Western MNEs and the extent of to which the latter are agents of globalization. He concluded that business is not “global or local”, but rather is “regional and local”.
Dr. Alan M. Rugman was a Professor of International Business at the Henley Business School. He was Head of School of International Business and Strategy at the University of Reading, UK. Previously he was L. Leslie Waters Chair of International Business at the Kelley School of Business, Indiana University, from 2002 to 2009. He was Thames Water Fellow in Strategic Management at Templeton College, University of Oxford, from 1998 to 2001. He remains an Associate Fellow of Green Templeton College, University of Oxford. Previously, he was Professor of International Business at the University of Toronto, Dalhousie University, and the University of Winnipeg. He has also been a visiting professor at Columbia Business School, London Business School, Harvard University, UCLA, MIT, Warwick Business School, the University of Paris–La Sorbonne, University of Sydney, Saint Louis University, and University of Lyon.
Dr. Rugman has published over 250 articles dealing with the economic, managerial, and strategic aspects of multinational enterprises and with trade and investment policy. These have appeared in such leading refereed journals as: Journal of International Business Studies, Management International Review,American Economic Review, Strategic Management Journal, Journal of Management Studies and Journal of Business Ethics. His books include: Inside the Multinationals(Columbia U. Press, and Palgrave);International Business (McGraw-Hill);Environmental Regulations and Corporate Strategy (Oxford U. Press); Multinationals as Flagship Firms (Oxford U. Press); The End of Globalization (Random House); The Oxford Handbook of International Business (Oxford U. Press); The Regional Multinationals(Cambridge U. Press), Regional Aspects of Multinationality and Performance (Elsevier),Rugman Reviews International Business(Palgrave Macmillan) and Multinationals and Development (Yale U. Press). In 2004 he received the Booz, Allen Hamilton Award as Eminent Scholar in International Management, Academy of Management. He was the editor-in-chief of the Multinational Business Review.
Part of the audience