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A consultant with McKinsey & Company surveys the international aluminum industry and asks why its various activities are divided among firms in the way that they are. These components include the minding of bauxite, its refining into alumina, aluminum smelting, fabrication, and manufacture of the final product. What is it about this industry that encourages joint ventures in some cases, long-term contracts in others, and vertical integration and merger in still others? The author identifies and analyzes the factors which motivate firms to adopt one or another of these patterns of doing business. He draws on and extends recent developments in theory relating to the operation of markets and organizations, and tests the power of theories to explain what is observed in the industry. He has assembled a great deal of empirical evidence, focusing on the United States, Japan, and Australia. The book should become the standard study of the aluminum industry.
This comprehensive four volume set includes all major contributions to the field of international business. It also includes key writings in the areas of international political economy and on regional and national issues.
Management development guide on the management of joint ventures in the USA - discusses questions of ownership, contract, productivity, competition, technology transfer, etc; reviews the establisment, profitability, top management continuity, evaluation, and dissolution of the Joint Venture. References.
No detailed description available for "Winners and Losers".
As the key component in aluminum production, bauxite became one of the most important minerals of the last one hundred years. But its effects on people and economies varied broadly – for some it meant jobs, progress, or a political advantage over rival nations but for many others, it meant exploitation, pollution, or the destruction of a way of life. Aluminum Ore explores the often overlooked history of bauxite in the twentieth century, and in doing so examines the forces that shaped the time, from the mineral’s strategic development in the First World War and throughout the Cold War, to its role in the globalization of markets, as companies from the northern hemisphere vied for the resources of the south. In this wide-ranging collection, scholars from around the world consider multiple international perspectives on this history – from Guinea to Nazi Germany to Jamaica – all while examining the central place of one commodity in a time of change.
Using aluminum as a detailed case study from which it might be possible to construct a model applicable to other industries, examines the political, economic, social, and environmental aspects of extracting raw material from peripheral countries for processing and use in core countries. Ten papers from a conference in Madison, Wisconsin (no date noted) cover ecology, economy, and raw material industry structures; firm strategies and international competition; establishing control of peripheral resources; and Brazilian resource development and Japanese access strategies. Annotation copyright by Book News, Inc., Portland, OR
The international transfer of technology is one of the most important features of the global economy. However, the literature on it is sparse. This book encapsulates the author's contributions to this field over the last three decades and provides insights into the manner, mechanisms, and cost of technology transfer across national boundaries and the implications for (the theory of) the international firm.
These papers by Teece cover the theory of the firm and its implications for economic performance, as they concern managers and policy-makers. Key topics addressed include: the nature of the firm and dynamic capabilities; diversification and vertical integration; and joint ventures.