Global value chain literature has proposed alternative forms of governance in explaining the global structure of industries and their dynamics. Despite the interest of those studies on how lead firms organize manufacturing activities at the global level, this framework has not been used to describe internationalization processes at the firm level. The paper is oriented at improving the understanding of firm internationalization strategies by applying the global value chain perspective, with a specific attention to SMEs. We argue that this approach can contribute to further explain how a firm can arrange its manufacturing activities on a global scale taking into account, on the one hand, how to select and coordinate international suppliers and, on the other, how to orchestrate international activities among countries (locations). The paper aims at analyzing the relationships between foreign suppliers’ selection—both in terms of competences and location—and a firm’s strategy. Based on a quantitative analysis on 196 Italian SMEs, our results show that there is no univocal relationship between a firm’s strategic intent—efficiency vs. innovation—and global suppliers’ selections—and that firms mix different forms of governance in globally structuring their value chains.
The examination of regional competitiveness has become a research question of outstanding importance in the Central European post-socialist countries since joining the EU. In our study we will proceed to analyse the competitiveness of 93 NUTS2 level regions of 8 Central European countries with the help of an empirical data base, using multivariable statistical methods. After introducing the database, we are going to investigate into the common revealed competitiveness indicator. Not only revealed competitiveness categories shall be analysed with the help of multivariable statistical procedures, but also the background processes described by the factor analysis and the multivariable linear regression model.
By applying the non-parametric Data Envelopment Analysis (DEA) method, even with all the limitations where error could cause significant problems, this paper attempts to investigate the efficiency of 35 Microfinance institutions in the Mediterranean zone during the period of 2004–2005. The estimated results prove that eight institutions are relatively efficient, and have a notable level of average efficiency and a potential of evolution while being referent to their technical efficiency. The survey also reveals that the size of the MFIs has a negative effect on their efficiency since the MFIs of medium size are more efficient than the eminent.
India currently is one of the fastest growing economies in the world. One sector of Indian economy that has played a critical role in transforming the Indian economy has been its banking sector. But this sector of Indian economy has also gone through a major transition that is still in progress. Many events and policies have contributed in this transition. One pivotal variable has been the growing profitability of this sector in the recent years. But profitability in banking sector is affected by numerous factors. These factors can be internal or external. In this research we shall try to examine the most important factors that may stem from both internal and external factors, which affect profitability of Indian banking sector. For this study a balanced panel data set is used that is drawn from Indian banking industry. The data is compiled for the purpose of investigating the nature of the relationship between the profitability and the factors that determine profitability of banks in India. The results of the study clearly demonstrate a close correlation between both internal and external factors and the level of profitability of banks in India.