Disruptive technologies in international business challenges and opportunities for emerging markets
1) New age technologies and disruption of globalization Technology is one of the key drivers of globalization. Recent advances such as artificial intelligence, blockchain, cloud computing, big data, and data analytics have revolutionized the international business landscape. This chapter will summar...
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| Weitere Verfasser: | , , , |
| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
Berlin, Boston
De Gruyter
2023
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| Schriftenreihe: | Business & economics
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| Schlagworte: |
Multinationales Unternehmen
> Technischer Fortschritt
> Disruptive Innovation
> Schwellenländer
> BUSINESS & ECONOMICS / Commerce
> BUSINESS & ECONOMICS / Entrepreneurship
> BUSINESS & ECONOMICS / General
> BUSINESS & ECONOMICS / Information Management
> BUSINESS & ECONOMICS / International / General
> BUSINESS & ECONOMICS / Leadership
> BUSINESS & ECONOMICS / Management
> COMPUTERS / Enterprise Applications
> International business
> Internationale Wirtschaft, Internationales Management
> Aufsatzsammlung
> Emerging Market
> Innovationsmanagement
> Internationales Management
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| Zusammenfassung: | 1) New age technologies and disruption of globalization Technology is one of the key drivers of globalization. Recent advances such as artificial intelligence, blockchain, cloud computing, big data, and data analytics have revolutionized the international business landscape. This chapter will summarize how such breakthrough technologies have disrupted international business. Alka Maurya, Amity University, India, and Mark Munoz, Millikin University, USA 2) Smart contracts and international business Smart contracts are transforming international business operations. Blockchain based smart contracts facilitate international business operations by adding trust and transparency to transactions. This chapter evaluates how smart contracts are now increasingly being used by global companies to connect with their stakeholders and share vital information on a real time basis. Eve Man Hin CHAN, Technological and Higher Education Institute, Hong Kong 3) Technopoles, factories of the future and innovation districts: The socio-spatial reorganization of international business In order to meet the challenges of the global economy, many countries have resourced infrastructure development in the form of industrial corridors (for example, in India), and re-territorialization via megaregions (in China). Simultaneously, a significant reorganization of production is taking place by making use of new technologies, particularly AI, in technopoles, factories of the future and innovation districts. Cities and regions are witnessing the relocation to urban areas of advanced manufacturing and high tech corporate activity. Factories of the future in technopoles and innovation districts constitute new megaprojects that significantly alter the urban fabric and the socio-economic structure of entire neighborhoods. In turn, many urban megaprojects concentrate innovative corporate functions and activities. In so far as these new centers of corporate activity are located in cities, megacities, megaregions and urbanized areas, corporate strategies have a direct impact on urban sustainable development. In this context, a new spatial reorganization of production places urban areas at the core and presents formidable challenges for sustainability: they both enable and constrain it in urban areas on an unprecedented scale. Gerardo del Cerro Santamaría, Member of the European Union Expert Group in Regional Policy (Regio Program) and a United States Fulbright Award Recipient in Urban Planning ã 4) IoT, smart cities and international business The focus of many governments across the globe is to transform their cities into smart cities due to the inherent advantages of such a transition in contributing to a greener planet. This chapter will focus on how newly developed smart cities are contributing to the flow of goods and services from one country to another. Sandhya Sastry, Faculty of Business & Law, University of West of England, Bristol UK 5) 3-D printing and international business In an era when the whole world is talking about sustainability and different methods of reducing and recycling waste material, 3-D printing has emerged as a choice for many global manufacturers, though its usage is at very nascent stage in some developing countries. 3-D printing helps in eliminating waste material by reusing it in another process (Berman, 2012). Whatever materials are used in 3-D printing have either been converted into a manufactured product or used for recycling. The important fu New technologies such as artificial intelligence, blockchain, the Internet of Things (IoT), etc. are redefining business processes around the world at a rapid rate and resulting in both great opportunities and challenges for businesses. Though these technologies are extensively being used in developed countries, emerging economies are also not far behind. Disruptive Technologies in International Business advances the understanding of technological applications in business within an international paradigm. With its in-depth discussions of diverse topics such as the global value chain (GVC), environmental risk management, IoT, Surface Mobility, and anime, the book argues that technologies offer many advantages but there are accompanying risks, challenges, and disadvantages as well. The need of the hour is to address the impact of these technologies on the environment, society, and economy of the world. This book offers a collage of insights on how these technologies can potentially change the playing field in businesses and countries and contribute to the betterment of society. This book will provide business practitioners, international organizations, government officials, and policy makers with inspiration and new leads toward more efficient systems, policies, and operational frameworks in our increasingly technology-driven society |
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| Beschreibung: | VIII, 108 Seiten Illustrationen, Diagramme 24 cm x 17 cm |
| ISBN: | 9783110738599 978-3-11-073859-9 3110738597 3-11-073859-7 |