How do we capture "Global Specialization" when measuring firms’ degree of internationalization?


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How do we capture "Global Specialization" when measuring firms’ degree of internationalization?

Show simple item record Geisler Asmussen, Christian en_US Pedersen, Torben en_US Petersen, Bent en_US 2009-02-04T10:27:27Z 2009-02-04T10:27:27Z 2005-11-22T00:00:00Z en_US
dc.identifier.isbn 8791815088 en_US
dc.description.abstract The IB literature informs us of several ways to measure firms’ degree of internationalization. In this paper we make the argument that in fact none of the existing indices really measure firms’ degree of "global specialization", that is, to what extent their allocation of resources is multidomestic or global. As argued, all the existing measures may gauge a purely multidomestic firm as having a high degree of internationalization, whereas a truly global firm may be ranked low. In order to remedy this we introduce a complementary index measuring how firms are configuring their value chains – whether they are replicating value chain activities from country to country or locating them in globally specialized units in order to exploit an international division of labor. In addition to mathematical modeling and numerical examples, we examine the relevance of the new index of global specialization on data of Danish MNCs by looking at the correlation between the new global specialization index and existing indices of firms’ degree of internationalization. We find that the index is able to identify a distinct group of firms with significantly higher degrees of global value chain configuration. Key words: Internationalization, value chain, global configuration. JEL Codes: F02, F23, L22, L23 en_US
dc.format.extent 40 s. en_US
dc.language eng en_US
dc.relation.ispartofseries SMG Working paper;2005-007 en_US
dc.title How do we capture "Global Specialization" when measuring firms’ degree of internationalization? en_US
dc.type wp en_US
dc.accessionstatus modt05nov22 miel en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Center for Strategi og Globalisering en_US
dc.contributor.departmentshort SMG en_US
dc.contributor.departmentuk Center for Strategic Management and Globalization en_US
dc.contributor.departmentukshort SMG en_US
dc.description.notes Prepared for the EIBA 2005 Conference en_US
dc.idnumber 8791815088 en_US København en_US
dc.publisher.year 2005 en_US

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