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Corporate Management of a Major Crisis

The way a company manages a major crisis can literally spell the difference between life and death - both for the immediate victims of the crisis and for the company itself. Over the past decade, several major crises have had severe environmental, health, and safety consequences, as well as drastic...

Strategic Alliances in High-Tech Industries

As the next century approaches, significant trends now emerging in global economics and technology will have major implications for corporate international strategies. While Europe and North America are forming stronger regional trading blocs, Western firms are also pursuing increasingly attractive...

Political and Economic Forces Shaping the Business World

Historians and social scientists do better looking backward than looking forward. Economists, for example, have predicted seven of the last two recessions. Once something has happened, however, we can usually explain why it was inevitable.

Telecommunications: Fueling Asia Pacific Growth?

If information is the oxygen of modern economic development, then telecommunications provides the essential circulatory system. A health check on the state of Asia Pacific telecommunications today would reveal both bad news and good news.

Alliances for Competitive Advantage: Why, When, and How

For better or worse, alliance formation soared during the 1980s as corporations united for competitive advantage. While many alliances have been highly successful, others have ended bitterly, and some should never have been formed in the first place. In today's world, it is important to understand...

Collaborating With Potential Competitors: The Profits and...

Many Western managers are becoming wary of joint ventures. They have learned through costly experience that such alliances - particularly with Asian partners - can become a low-cost route through which new competitors acquire technology and market access. However, with the costs of product and...

Academic/Industry Liaisons

It has been 37 years since Watson and Crick unraveled the genetic mysteries and catapulted molecular biology into the forefront of laboratory sciences. Events in the academic laboratories since then have been nothing short of revolutionary. We have progressed in our fundamental understanding of the...

The New Production-Sharing Networks

Production sharing is a strategy for conducting industrial operations in which certain procurement and manufacturing processes are restructured and shared, with firms in a developed country furnishing capital and technology-intensive components, while firms in a developing country furnish labor-...