Delegation from Brunel Business School develops partnerships with institutions in India

Drs. Monomita Nandy, David Sarpong and Claire Donovan were invited to visit higher education institutions in India, to explore opportunities for collaboration between Brunel Business School and those institutions.

 

First, they visited the Indian Institute of Management Kozhikode, where they held several meetings with the institute’s director, the research director, deans, various programme leaders and other members of staff, to discuss future research collaborations.

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In the future, the two institutions plan to hold joint events, conferences, summer schools, staff and student exchange programmes, and guest edit joint special issues in esteemed journals. Furthermore, Drs David Sarpong and Claire Donovan delivered a research seminar, which was attended by local PhD and MBA students, as well as staff.

The Brunel team also ran an impact building workshop with a local magistrate and collector, and his team members.

Impact workshop with Magistrate and team

Furthermore, the Brunel team visited the local market to gather insight, and worked on various business ideas.

 

The Brunel delegation also visited Kolkata, where they held meetings with our existing partner, the University of Engineering and Management, in Kolkata, to discuss future events. Furthermore, they held meetings with Xavier institute, and they met with a non-governmental organisation to work on a large grant for the National Agricultural and Development Bank of India (NABARD).

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For further information regarding Brunel Business School’s International partnerships, please contact the Business School’s Director of Internationalisation, Dr Nandy.

Brunel Research: Explaining the effect of rapid internationalization on horizontal foreign divestment in the retail sector

Multinational enterprises (MNEs) compete in a fierce global arena. One of the most critical aspects related to their performance, is among others, the speed of internationalisation the adopt, that is how rapidly MNEs expand their foreign operations. Although high speed of internationalisation is important for MNEs in order to leverage first mover advantages and quickly deploy their unique firm-specific capabilities, at the same time the managerial resources needed to execute such a fast-paced internationalization strategy are limited, and to a certain extent, subject to regional availability. As such, firms that grow too rapidly in one period may not only grow more slowly in the subsequent period but may also need to divest some of their operations.

 

The study developed by Dr. Batsakis and his coauthors (Prof. Alex Mohr from WU Vienna and Dr. Zita Stone from the University of Kent) argues that the likelihood of divestment of MNEs’ international operations increases with the speed of firms’ prior international expansion. Given that MNEs are likely to face constraints in terms of quickly deploying managerial resources to new international operations, the study argues that two important factors, namely international experience and regional concentration, can act as “shock absorbers”, thus mitigating the negative effects of the speed of firms’ prior international expansion on the level of foreign divestment.

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Figure: The moderating role of intra-regional international experience on the relationship between intra-regional internationalization speed and intra-regional foreign divestment. (Image source)

Drawing on regional strategy theory and the theory of the growth of the firm (Edith Penrose), the aforementioned arguments are tested using two-stage least squares (2SLS) estimation on panel data that capture the international expansion and divestment of retailers over the period 2003–2012.

 

The article has been published in the Journal of International Business Studies.

 

Dr. Georgios Batsakis is an Assistant Professor of International Business. His research focuses on internationalisation processes and foreign market entry strategies of multinational enterprises. His teaching lies in the areas of international business, strategic management and entrepreneurship. Dr. Batsakis has published in leading international business and general management academic journals, such as the Journal of International Business Studies, Journal of World Business, British Journal of Management, Management International Review, International Business Review, International Marketing Review, Journal of Business Research, among others.

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