Ronald Concer - Academia.edu (original) (raw)
Papers by Ronald Concer
European Management Journal, 2012
This study aims to understand what factors allow the subsidiaries of emerging multinationals to d... more This study aims to understand what factors allow the subsidiaries of emerging multinationals to develop innovations that are used by the parent company, that is, what factors drive reverse innovation. The respondents of the survey were Brazilian multinationals with manufacturing activities or professional services abroad. The study began with a base of 46 Brazilian multinationals operating until 2006. From this base, 30 multinationals agreed to participate in the survey. Overall, they had 93 subsidiaries. From these 93 subsidiaries, 66 foreign subsidiaries answered the questionnaire. The article uses data from these 66 subsidiaries. The hypotheses were tested through the statistical techniques of correlations and multiple linear regressions. The results confirm our five hypotheses with an explanatory power of approximately 76%. Therefore, the results show that the reverse transfer of innovation depends on the strategic orientation of the foreign subsidi-aryÕs R&D function, strong integration (communication) between the parent and its subsidiaries, the entrepreneurial orientation of the company, the subsidiaryÕs age, and, marginally, entry via greenfield investments.
This paper models the outward foreign direct investment from Brazil series using time a series ec... more This paper models the outward foreign direct investment from Brazil series using time a series econometrics model, namely the Vector Auto Regressive (VAR) model. We have drawn impulse response functions for the key relevant factors that may explain the outward foreign direct investment flows. We start with a review of the literature on the Dunning location approach to international business. We worked with a data set of quarterly observations from Q1-1995 to Q1-2010. We carried also out Granger causality tests as for determining whether international business travelling should be included as an explanatory variable in our model. Results stressed that although the strong exchange rate in Brazil is often blamed for forcing companies to invest abroad, the evidence found in the aggregate data suggests that there is not a significant relationship between the level of foreign exchange rate and the outward Brazilian foreign direct investment. Differently from previous studies, this paper u...
This paper assesses the applicability of internalisation theory of multinational enterprises, bas... more This paper assesses the applicability of internalisation theory of multinational enterprises, based on Transaction Cost Economics (Williamson, 1985) and the approach employed by Buckley and Casson to explain internationalisation of Brazilian enterprises. The material is composed of two transaction lists: the top ten exported products in Brazil and the list of products produced by the top ten Brazilian TNCs. Three dimensions relating to transaction costs were defined: frequency of transaction, uncertainty, and asset specificity. The results indicate a slightly higher level of transaction cost for those transactions that are subject to FDI, compared with average export costs, supporting the predictions of the theory.
ABSTRACT Thesis (Ph. D.)--Colorado State University, 2004. Includes bibliographical references.
This article tackles the dynamic segment of the international business literature, by putting tog... more This article tackles the dynamic segment of the international business literature, by putting together analyses that are useful for an evaluation of the Brazilian position in foreign direct investments, on three sets of elements, namely: the stage of economic development, the pattern of economic evolution and some structural geographic features of the country. On the first, we evaluate the Brazilian situation within the Investment Development Path (IDP) proposed by John Dunning, as we preceded we a regression originally designed by Dunning, and scatter plots. On the second, we discuss the specific factors of the Brazilian macroeconomic environment of the nineties. As for the third set, we recommend the usage of gravity equation models, now used for international trade analyses, and we present estimates over a data set of 123 countries.
This paper models the outward foreign direct investment from Brazil series using time a series ec... more This paper models the outward foreign direct investment from Brazil series using time a series econometrics model, namely the Vector Auto Regressive (VAR) model. We have drawn impulse response functions for the key relevant factors that may explain the outward foreign direct investment flows. We start with a review of the literature on the Dunning location approach to international business. We worked with a data set of quarterly observations from Q1-1995 to Q1-2010. We carried also out Granger causality tests as for determining whether international business travelling should be included as an explanatory variable in our model. Results stressed that although the strong exchange rate in Brazil is often blamed for forcing companies to invest abroad, the evidence found in the aggregate data suggests that there is not a significant relationship between the level of foreign exchange rate and the outward Brazilian foreign direct investment. Differently from previous studies, this paper u...
artigo avalia a aplicabilidade da teoria de internalização da empresa multinacional, baseada na E... more artigo avalia a aplicabilidade da teoria de internalização da empresa multinacional, baseada na Economia dos Custos de Transação (WILLIAMSON,1985) e na abordagem de Buckley e Casson (1976), na explicação da internacionalização das empresas brasileiras. O material utilizado compreende duas listas de transações, quais sejam, a lista dos dez principais produtos exportados pelo Brasil e a lista dos produtos das dez principais transnacionais brasileiras. São definidas três dimensões relacionadas aos custos de transação: frequência das transações, incerteza e especificidade de ativos. Os resultados apontam para um índice levemente mais elevado de custos de transação para as transações que são sujeitas ao investimento direto, relativamente à média das exportações, dando assim suporte às predições da teoria. PAlAvRAs-ChAve: Negócios Internacionais. Internalização. Investimentos Diretos. This paper assesses the applicability of internalisation theory of multinational enterprises, based on Tr...
Grau de desenvolvimento, ambiente macroeconômico e geografia: uma análise da posição brasileira e... more Grau de desenvolvimento, ambiente macroeconômico e geografia: uma análise da posição brasileira em investimentos diretos Development stage, macroeconomic environment and geography: an evaluation of the brazilian position in direct investments
European Management Journal, 2012
This study aims to understand what factors allow the subsidiaries of emerging multinationals to d... more This study aims to understand what factors allow the subsidiaries of emerging multinationals to develop innovations that are used by the parent company, that is, what factors drive reverse innovation. The respondents of the survey were Brazilian multinationals with manufacturing activities or professional services abroad. The study began with a base of 46 Brazilian multinationals operating until 2006. From this base, 30 multinationals agreed to participate in the survey. Overall, they had 93 subsidiaries. From these 93 subsidiaries, 66 foreign subsidiaries answered the questionnaire. The article uses data from these 66 subsidiaries. The hypotheses were tested through the statistical techniques of correlations and multiple linear regressions. The results confirm our five hypotheses with an explanatory power of approximately 76%. Therefore, the results show that the reverse transfer of innovation depends on the strategic orientation of the foreign subsidi-aryÕs R&D function, strong integration (communication) between the parent and its subsidiaries, the entrepreneurial orientation of the company, the subsidiaryÕs age, and, marginally, entry via greenfield investments.
This paper models the outward foreign direct investment from Brazil series using time a series ec... more This paper models the outward foreign direct investment from Brazil series using time a series econometrics model, namely the Vector Auto Regressive (VAR) model. We have drawn impulse response functions for the key relevant factors that may explain the outward foreign direct investment flows. We start with a review of the literature on the Dunning location approach to international business. We worked with a data set of quarterly observations from Q1-1995 to Q1-2010. We carried also out Granger causality tests as for determining whether international business travelling should be included as an explanatory variable in our model. Results stressed that although the strong exchange rate in Brazil is often blamed for forcing companies to invest abroad, the evidence found in the aggregate data suggests that there is not a significant relationship between the level of foreign exchange rate and the outward Brazilian foreign direct investment. Differently from previous studies, this paper u...
This paper assesses the applicability of internalisation theory of multinational enterprises, bas... more This paper assesses the applicability of internalisation theory of multinational enterprises, based on Transaction Cost Economics (Williamson, 1985) and the approach employed by Buckley and Casson to explain internationalisation of Brazilian enterprises. The material is composed of two transaction lists: the top ten exported products in Brazil and the list of products produced by the top ten Brazilian TNCs. Three dimensions relating to transaction costs were defined: frequency of transaction, uncertainty, and asset specificity. The results indicate a slightly higher level of transaction cost for those transactions that are subject to FDI, compared with average export costs, supporting the predictions of the theory.
ABSTRACT Thesis (Ph. D.)--Colorado State University, 2004. Includes bibliographical references.
This article tackles the dynamic segment of the international business literature, by putting tog... more This article tackles the dynamic segment of the international business literature, by putting together analyses that are useful for an evaluation of the Brazilian position in foreign direct investments, on three sets of elements, namely: the stage of economic development, the pattern of economic evolution and some structural geographic features of the country. On the first, we evaluate the Brazilian situation within the Investment Development Path (IDP) proposed by John Dunning, as we preceded we a regression originally designed by Dunning, and scatter plots. On the second, we discuss the specific factors of the Brazilian macroeconomic environment of the nineties. As for the third set, we recommend the usage of gravity equation models, now used for international trade analyses, and we present estimates over a data set of 123 countries.
This paper models the outward foreign direct investment from Brazil series using time a series ec... more This paper models the outward foreign direct investment from Brazil series using time a series econometrics model, namely the Vector Auto Regressive (VAR) model. We have drawn impulse response functions for the key relevant factors that may explain the outward foreign direct investment flows. We start with a review of the literature on the Dunning location approach to international business. We worked with a data set of quarterly observations from Q1-1995 to Q1-2010. We carried also out Granger causality tests as for determining whether international business travelling should be included as an explanatory variable in our model. Results stressed that although the strong exchange rate in Brazil is often blamed for forcing companies to invest abroad, the evidence found in the aggregate data suggests that there is not a significant relationship between the level of foreign exchange rate and the outward Brazilian foreign direct investment. Differently from previous studies, this paper u...
artigo avalia a aplicabilidade da teoria de internalização da empresa multinacional, baseada na E... more artigo avalia a aplicabilidade da teoria de internalização da empresa multinacional, baseada na Economia dos Custos de Transação (WILLIAMSON,1985) e na abordagem de Buckley e Casson (1976), na explicação da internacionalização das empresas brasileiras. O material utilizado compreende duas listas de transações, quais sejam, a lista dos dez principais produtos exportados pelo Brasil e a lista dos produtos das dez principais transnacionais brasileiras. São definidas três dimensões relacionadas aos custos de transação: frequência das transações, incerteza e especificidade de ativos. Os resultados apontam para um índice levemente mais elevado de custos de transação para as transações que são sujeitas ao investimento direto, relativamente à média das exportações, dando assim suporte às predições da teoria. PAlAvRAs-ChAve: Negócios Internacionais. Internalização. Investimentos Diretos. This paper assesses the applicability of internalisation theory of multinational enterprises, based on Tr...
Grau de desenvolvimento, ambiente macroeconômico e geografia: uma análise da posição brasileira e... more Grau de desenvolvimento, ambiente macroeconômico e geografia: uma análise da posição brasileira em investimentos diretos Development stage, macroeconomic environment and geography: an evaluation of the brazilian position in direct investments