Download or read book The Internationalization of Energy firms written by Martina Geistberger and published by GRIN Verlag. This book was released on 2012-01-16 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2011 in the subject Economics - International Economic Relations, grade: 1, Vienna University of Economics and Business (Institute for International Business), language: English, abstract: The process of globalization, the constant search for economies of scale and the more efficient allocation of scarce resources are some of the commonly identified drivers of internationalization. The opening of more and more economies worldwide to foreign capital and international trade leads us to the question if any economy could still exist as an autarkic market without sacrificing prosperity. Expanding into foreign markets does not simply mean for a firm to benefit from growth opportunities, it also implies accepting the challenge to compete with firms in a completely diverse country. As regards the specific case of Energy firms, we have to consider that these kinds of industries differ significantly from other sectors of the economy. Taking this into consideration, it is crucial for us to analyze the differing corporate strategies of these firms in order to figure out the decisive underlying values, processes and aims. Despite the fact that the choice of the suitable entry mode is one of the most frequent empirically analyzed topics in International Business, it is often not possible to follow exactly a theoretical Internationalization theory. Firms rather combine different approaches in order to figure out an individual strategy – most suitable for the corporation. This thesis will analyze how Energy companies find out this perfect approach, which criteria they take into account, how these criteria are ranked according to the individual importance and in general, what motives exist for expanding abroad. Furthermore, the author will analyze the development of energy firms in the past as well as current and future trends by drawing comparisons with other companies in the extractive industry.
Download or read book The Internationalization of Energy Firms written by Martina Geistberger and published by GRIN Verlag. This book was released on 2012 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2011 in the subject Economics - International Economic Relations, grade: 1, Vienna University of Economics and Business (Institute for International Business), language: English, abstract: The process of globalization, the constant search for economies of scale and the more efficient allocation of scarce resources are some of the commonly identified drivers of internationalization. The opening of more and more economies worldwide to foreign capital and international trade leads us to the question if any economy could still exist as an autarkic market without sacrificing prosperity. Expanding into foreign markets does not simply mean for a firm to benefit from growth opportunities, it also implies accepting the challenge to compete with firms in a completely diverse country. As regards the specific case of Energy firms, we have to consider that these kinds of industries differ significantly from other sectors of the economy. Taking this into consideration, it is crucial for us to analyze the differing corporate strategies of these firms in order to figure out the decisive underlying values, processes and aims. Despite the fact that the choice of the suitable entry mode is one of the most frequent empirically analyzed topics in International Business, it is often not possible to follow exactly a theoretical Internationalization theory. Firms rather combine different approaches in order to figure out an individual strategy - most suitable for the corporation. This thesis will analyze how Energy companies find out this perfect approach, which criteria they take into account, how these criteria are ranked according to the individual importance and in general, what motives exist for expanding abroad. Furthermore, the author will analyze the development of energy firms in the past as well as current and future trends by drawing comparisons with other companies in the extractive industry.
Download or read book What is the Impact of the Internationalization of Ownership on Renewable Energy Firm Performance written by Samdruk Dharshing and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: As the importance of cross-national capital flows has been identified as important driver of global technology spillovers and mutual learning processes, the internationalization of ownership has emerged as a popular topic of academic research. This master thesis will contribute to existing literature by analyzing the impact of foreign shareholders on the performance of renewable energy firms as part of an emerging industry. The significant growth rate of new players from emerging countries indicates that the process of internationalization in the renewable energy sector does not follow the same pattern as in more established economic sectors. The most suitable theory to describe is the LLL framework, which explains how firms from emerging countries can outpace established western companies by quickly adapting new technologies and acting on a global scale from the beginning. This master thesis follows a multi-framework approach by combining three theories: First, agency theory indicates that foreign investors face information disadvantages due to their distance, which might be particularly problematic in renewable energy as an emerging industry characterized by uncertainties. However, previous studies imply that foreigners are more vigilant and active shareholoders, which might compensate for intitial information asymmetries. Second, resource-based view suggests that foreign owners are an important source of financing and furthermore, they might induce technology spillovers. Third, social network theory explains how domestic owners benefit from being embedded in local relationships, whereas foreigners build linkages to multi-national networks. The main empirical finding is that corporate performance in a sample of partly foreign owned wind energy firms is significantly lower than in the sample of purely domestic wind firms. This result can be explained by social network theory, which states that the social acceptance of the local.
Download or read book Firm and Top Management Team Internationalization in the Energy Sector written by Jean-Michel Hegnauer and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a sample of 52 European and North American based multinational companies in the electricity and oil & gas industries, this study tests two hypotheses: whether the national diversity of top management teams and the international experience of CEOs are related to the degree of firm internationalization. Results suggest a positive relationship for both hypotheses. However, test results encourage further validation through bigger samples and extended analyses.
Download or read book Internationalization of Firms written by Dominik Chahabadi and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early stages of international business research, scholars have significantly advanced our understanding of drivers, processes, and outcomes of firm internationalization. Due to changes in the global environment and technological progress, internationalization patterns of firms constantly evolve and need to be addressed in scholarly work, to account for such changes.
Download or read book Managing China s Energy Sector written by Hongyi Lai and published by Routledge. This book was released on 2017-10-02 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since China has now become the world’s largest energy consumer, its energy sector has understandably huge implications for the global economy. This book examines the transformation of China’s conventional and renewable energy sectors, with special attention to state-business relations. Two studies examine the development of China’s energy profile, especially China’s renewable energy. Two others explore governmental relations with state-owned enterprises (SOEs) and their reform. Despite drastic restructuring in the late 1990s, SOEs continue their oligopolistic control of the oil and gas sectors and even overshadow the stock market. Three studies investigate the factors that help propel the expansion of China’s conventional energy firms, as well as those producing renewable energy (i.e. solar PV industry). A study of China’s solar PV industry suggests that China’s governmental support for it has evolved from subsidising production (a "mercantile" stage aimed at expanding the industry’s global production and export share) to subsidising the demand side (aiming at expanding domestic demand and absorbing redundant manufacture capacity). Another review of this industry finds that firms tend to pay heavy attention to extra-firm institutional network relationships both inside and outside China, and that buyer-supplier networks are influenced by extra-local managerial education. The final chapter compares China’s provinces and their embedded carbon-footprints per capita in urban areas from a consumption perspective, using a self-organizing feature map (SOFM) model. This book was originally published as a special issue of the Asia Pacific Business Review.
Download or read book Impacts of Emerging Economies and Firms on International Business written by M. Marinov and published by Springer. This book was released on 2012-11-19 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: The internationalization of emerging economies has brought new perspectives to international business development. Focusing on the extensive impact these emerging economies and firms have had, this volume covers the strong players, such as Brazil, Russia, India and China, as well as dynamically developing economies such as Mexico and the Philippines. The contributors review topics such as the role of institutions and resource dependency on outward foreign direct investment from emerging economies, and the role of the global mindset and psychic distance on the performance of subsidiaries of firms originating from emerging economies. It explores new horizons in international business development and addresses challenging perspectives.
Download or read book Energy Growth Nexus in an Era of Globalization written by Muhammad Shahbaz and published by Elsevier. This book was released on 2021-11-12 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy Growth Nexus in an era of Globalization reviews current research and practical policy considerations reflective of the ongoing transformation, covering four broad globalization themes from existing research literature: energy consumption, renewable energy consumption, financial markets and energy markets. Within these themes, contributors evaluate transformations in the energy-growth association relating to economic slowdowns, trade patterns, impacts of globalization, cross-border technological spillovers, changes in the risk profile of the countries, advent of Sustainable Development Goals (SDGs), changes in the pattern of cross-border labor force migration, and rising environmental awareness, among many other considerations. Policymakers, energy economists, and energy researchers in a range of connected disciplines will find this to be a great resource on the energy growth sector. - Addresses globalization relating to energy consumption, environmental quality, econometrics and energy markets - Demonstrates how to design effective energy and environmental policies in a rapidly globalizing world within a Sustainable Development Goals (SDGs) framework - Reviews open research questions relevant to energy-growth nexus so policymakers can bring forth socioeconomic stability
Download or read book Foreign Investment in the Energy Sector written by Eric De Brabandere and published by Martinus Nijhoff Publishers. This book was released on 2014-06-05 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign investments in the energy sector raise formidable legal questions, often requiring a delicate balance between private and public interests of the various stakeholders. Foreign Investment in the Energy Sector: Balancing Private and Public Interests opens with a discussion of the legal protection of foreign investment in the main segments of the energy sector (namely oil, gas, mining and hydroelectric industry), both in substantive and procedural terms. This second part of the book focuses on the Energy Charter Treaty, by far the most important international legal instrument in the energy sector, and its future after the decision of the Russian Federation not to ratify it. In its third part, the book examines four critical areas that are often negatively concerned by economic activities by multinational in the energy sector, namely compliance with safety and labour standards, protection of the environment, respect of indigenous peoples rights, and protection of public health. Foreign Investment in the Energy Sector: Balancing Private and Public Interests, a comprehensive collection of essays from experts and practitioners, offers an important new resource to the field.
Download or read book The Role of Foreign Governments in the Energy Industries written by United States. Department of Energy. Office of the Assistant Secretary for International Affairs and published by . This book was released on 1977 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Company Siemens Gamesa Internationalization Strategy in Russia and Taiwan written by Sven Wahlers and published by GRIN Verlag. This book was released on 2020-10-19 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2020 in the subject Business economics - Operations Research, grade: 1,0, University of South Wales, language: English, abstract: Siemens Gamesa, a leading renewable energy company, is the focus of this article, which examines its internationalisation strategy in Russia and Taiwan. First, the need for internationalisation and its complexity is discussed to set the context for Siemens Gamesa's expansion. The OLI paradigm (organisation, localisation, internalisation) is then presented as a framework for the internationalisation strategy. Special attention is given to the PEST (Political, Economic, Social, Technological) analysis for Russia and Taiwan, which provides critical insights into the specific challenges and opportunities in these markets. The article closes with a conclusion that summarises the key findings and discusses implications for the future of Siemens Gamesa in these regions.
Download or read book The Palgrave Handbook of International Energy Economics written by Manfred Hafner and published by Springer Nature. This book was released on 2022-05-27 with total page 808 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access handbook is distinguished by its emphasis on international energy, rather than domestic energy policies or international geopolitic aspects. Addressing key topics such as energy production and distribution, renewables and corporate energy structures, alongside global energy trends, regional case studies and emerging areas such as the digitalization of energy and energy transition, this handbook provides a major new contribution to the field of international energy economics. Written by academics, practitioners and policy-makers, this handbook is a valuable and timely addition to the literature on international energy economics. This book was published open access with the support of Eni.
Download or read book The Handbook of Research on Energy Entrepreneurship written by Rolf W_stenhagen and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely Handbook provides an excellent overview of our knowledge on the drivers, influencing factors and outcomes of energy entrepreneurship. As the world grapples with global resource crunches and fights to reap the rewards of new energy technologies, a wide space for entrepreneurialopportunity has emerged. The Handbook of Research on Energy Entrepreneurship offers critical insight on how nations the world over can make full use of those opportunities.
Download or read book Innovation and International Corporate Growth written by Alexander Gerybadze and published by Springer Science & Business Media. This book was released on 2010-07-17 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research and development (R&D) as well as innovation are the drivers of change and the key determinants of growth in many industry and service sectors. In spite of the financial turmoil and restructuring of the world economy after 2008, investment in R&D is expected to grow further. Innovation competence will continue to be a major success factor for internationally operating companies. The book presents a state-of-the-art account of innovation management and the role of R&D and innovation strategy for corporate growth and renewal. It follows a top-down approach starting from corporate strategy, and describes the effective integration of corporate R&D, business unit projects and operational performance improvements. The book offers portraits of leading innovators and high-performing corporations and provides a rich collection of best-practice examples.
Download or read book The Global Energy Transition written by Peter D Cameron and published by Bloomsbury Publishing. This book was released on 2021-01-14 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global energy is on the cusp of change, and it has become almost a truism that energy is in transition. But what does this notion mean exactly? This book explores the working hypothesis that, characteristically, the energy system requires a strategy of the international community of states to deliver sustainable energy to which all have access. This strategy is for establishing rules-based governance of the global energy value-cycle. The book has four substantive parts that bring together contributions of leading experts from academia and practice on the law, policy, and economics of energy. Part I, 'The prospects of energy transition', critically discusses the leading forecasts for energy and the strategies that resource-rich countries may adopt. Part II, 'Rules-based multilateral governance of the energy sector', details the development and sources of rules on energy. Part III, 'Competition and regulation in transboundary energy markets', discusses principal instruments of rules-based governance of energy. Part IV, 'Attracting investments and the challenges of multi-level governance', focuses on the critical governance of the right investments. This book is a flagship publication of the Centre for Energy, Petroleum and Mineral Law and Policy at the University of Dundee. It launches the Hart series 'Global Energy Law and Policy' and is edited by the series general editors Professors Peter D Cameron and Volker Roeben, and also Dr Xiaoyi Mu.
Download or read book A Liberal Actor in a Realist World written by Andreas Goldthau and published by OUP Oxford. This book was released on 2015-08-13 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1992, the European Union has put liberalisation at the core of its energy policy agenda. This aspiration was very much in line with an international political economy driven by the neo-liberal (Washington) consensus. The central challenge for the EU is that the energy world has changed, while the EU has not. The rise of Asian energy consumers (China and India), more assertive energy producers (Russia), and the threat of climate change have securitized the IPE of energy, and turned it more 'realist'. The main research question is therefore: 'What does a liberal actor do in a realist world?' The overall answer as far as the EU is concerned is that it approaches energy challenges as a problem of market failure: imperfect competition on the supply side; inadequate supply of public goods on the demand side and in terms of infrastructure; and large externalities that arise both from non-energy events and from large-scale consumption of fossil fuels. A Liberal Actor in a Realist World assesses the changing nature of the global political economy of energy and the European Union's response, and the external dimension of the regulatory state. The book concludes that the EU's soft power has a hard edge, which is derived primarily from its regulatory power. This works best when it targets companies rather than governments, and it is more effective in the 'Near Abroad' than at the global level. This makes the EU emerge an actor in its own right in the global political economy of energy - a 'Regulatory Power Europe'.
Download or read book International Energy Experience The Markets Regulation And The Environment written by G Mackerron and published by World Scientific. This book was released on 2000-04-19 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: How far can energy markets be free as well as competitive? What do low oil prices mean for the oil industry and other energy markets? How can economic efficiency in the energy industries be reconciled with environmental protection? How far is the UK model of liberalising electricity and gas industries being applied elsewhere in the world and how is it faring, at home and abroad? These are typical questions addressed in this collection of articles written by an international group of economists. Edited by the leaders of the two leading UK academic centres of energy economics, the book demonstrates how important the analysis of policy and regulatory frameworks has become for those interested in efficient energy and environmental outcomes./a
