International Business, 8th edition

Published by Pearson Higher Education (February 5, 2020) © 2020

  • Simon Collinson University of Birmingham
  • Rajneesh Narula Henley Business School, University of Reading
  • Alan M. Rugman Henley Business School, University of Reading.

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Offer your students real insight into the complex global business environment.

International Business, 8th Edition comes from a team of authors that always keep up with the most recent advancements in the field. With new and updated content, this is the ideal guide for future leaders in the global business landscape.

This new edition includes over 90 new and updated, diverse case studies that will support your students' better understanding of how decisions impact the performance of multinational firms and the economies they are part of.

With a wealth of features to support your teaching and a range of additional resources that come with this edition's Companion Website, this is the ideal teaching support for undergraduate and postgraduate courses.

Hallmark features of this title

A closer focus on multinational enterprises studies the subject on all interacting levels.

  • A thorough study of the aspects covering the decision-making processes, the internal functions and the external environment.
  • Coverage of the external macro-environment, including the regional, national and global factors, taking additional aspects such as labour, science and technology into account.

A range of features provides a further understanding of the global business landscape.

  • The detailed list of the case studies at the beginning of the book allows you to direct your students to a case at any point during your teaching.
  • The content includes the perspective of the objective observer presenting students with data and evidence but also the decision-maker, demonstrating how managers put theory into practice.

New and updated features of this title

Updated content and case studies in line with the rapidly changing world of international business.

  • Content now includes over 90 updated and new case studies from a diverse range of global businesses and industries such as IKEA, Alibaba, the global beer market, MPesa mobile banking, and the Canadian car manufacturer Magna.
  • A new emphasis on global value chains outsourcing and cooperative alliances underpinned by innovation and knowledge creation.

An extended focus on the impacts of decisions on the performance of multinational firms and the societies and economies they work in.

  • New content on responsible business, illustrated with case studies on the US-Venezuela oil dispute, the Huawei spy accusation and climate change partnerships between the businesses and government agencies.
  • Enhanced emphasis on the major implications of ongoing changes in the politics of global trade, including Brexit and the US-China trade war.

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List of Figures and Tables

Preface

About the Authors

Guide to the Case Studies

Publisher's Acknowledgements

Frameworks for this Book: Our Approach to the Study of International Business

Part 1: THE WORLD OF INTERNATIONAL BUSINESS

  • Chapter 1 An Introduction to International Business
  • Chapter 2 General Frameworks in International Business
  • Chapter 3 Multinational Enterprises, Innovation and Competitiveness

Part 2: THE ENVIRONMENT OF INTERNATIONAL BUSINESS

  • Chapter 4 International Politics
  • Chapter 5 International Culture
  • Chapter 6 International Trade
  • Chapter 7 International Financial Markets and Institutions

Part 3: INTERNATIONAL BUSINESS STRATEGIES

  • Chapter 8 Multinational Strategy
  • Chapter 9 Organising Strategy
  • Chapter 10 Corporate Strategy and National Competitiveness

Part 4: FUNCTIONAL AREA STRATEGIES

  • Chapter 11 Production Strategy
  • Chapter 12 Marketing Strategy
  • Chapter 13 Human Resource Management Strategy
  • Chapter 14 Political Risk and Negotiation Strategy
  • Chapter 15 International Financial Management

Part 5: REGIONAL STRATEGIES

  • Chapter 16 European Union
  • Chapter 17 Japan
  • Chapter 18 North America
  • Chapter 19 Emerging Economies
  • Chapter 20 China

Glossary

Index

Dr Simon Collinson is Deputy Pro-Vice-Chancellor, Director of the City-Region Economic Development Institute (City-REDI) and Professor of International Business and Innovation at the University of Birmingham. He is also a Fellow of the Royal Society (FRSA), the Academy of Social Sciences (FAcSS) and the British Academy of Management (FBAM).

His original research was on technology transfer and indigenous technological capabilities in Kenyan manufacturing firms. Since then, his projects and papers have focused on areas such as global innovation strategies, R&D, knowledge and intellectual asset management in multinational firms; the competitiveness of international UK firms; Japan and China: local business practices and cross-cultural management, foreign direct investment and economic change.

He has research, consulting and executive teaching experience with a wide range of multinational firms. He has published a range of books, including From Complexity to Simplicity which was shortlisted for the Chartered Management Institute (CMI) business book of the year prize. He has also published in refereed journals, including the Journal of International Business Studies, Organization Studies, and Business History.

Dr Rajneesh Narula, OBE is the John H. Dunning Chair of International Business Regulation at the Henley Business School, University of Reading, UK. He also holds honorary appointments at UNU-MERIT, Norwegian Business School, the University of Urbino and Oxford University.

His research and consulting have focused on the role of multinational firms in development, innovation and industrial policy, R&D alliances and outsourcing. He has published over a hundred articles and chapters in books on these themes. He was Editor-in-Chief of Multinational Business Review from 2014 to 2016 and is currently Area Editor for the Journal of International Business Studies (2016-22).

He is a regular commentator on business and economic issues on BBC World News, CGTN, and TRT World, as well as a variety of print and online publications, giving over 30 public lectures and seminars at universities around the world every year.

Dr Alan M. Rugman was, until his untimely death in July 2014, the lead author of this book, and Professor of International Business at the Henley Business School and Head of School,

International Business and Strategy at the University of Reading, UK.

He held visiting positions at Columbia Business School, London Business School, Harvard University, UCLA, MIT, Warwick Business School, the University of Paris-La Sorbonne, the University of Sydney, Saint Louis University, and the University of Lyon.

Dr Rugman published over 300 articles dealing with the economic, managerial and strategic aspects of multinational enterprises and with trade and investment policy. He is recognised as one of the ten most-cited scholars in the field of international business worldwide.

Dr Amir Qamar is a Lecturer (Assistant Professor) in Strategic Management in the Department of Strategy and International Business at Birmingham Business School, University of Birmingham.

Amir has experience teaching a wide range of modules in the domains of business strategy and operations. His research interests include investigating multiplier effects within certain supply chains, the employment footprint of MNEs, ambidextrous production processes, R&D initiatives, productivity levels and research methods.

He has edited several books and has also worked on the seventh edition of the Collinson. Narula and Rugman International Business textbook. His published papers appear in journals such as Supply Chain Management: An International Journal and the International Journal of Production Research. He has edited several books and has also worked on the seventh edition of the Collinson. Narula and Rugman International Business textbook.

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