Wirtschaftswissenschaftliche Fakultät

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Forschung am Lehrstuhl für Unternehmensführung und Organisation


Globalization and Regionalization

Globalization and Regionalization are antecedents within the ongoing process of the increasing interrelation of markets, politics and society:

“At the core of reality of globalization today are regions and this will remain so for many years to come”
(Moore/Rugman, McGill International Review, Fall 2005, p. 27).

While multinational enterprises drive globalization, their strategy is about regionalization. Entrepreneurial firms, employing most of their employees within their respective host country or host region, operate on a multinational level. Regional policy makers are more concerned with regional than with nationwide wealth effects. Accordingly, their lenses are reduced to regional economic growth – and thus they compete with policy makers from other regions all over the world. On the other hand, the increasing interrelation of markets lead to problems, risks and also chances which are beyond a nationwide (or regional) level. Thus – global business management is also about regional business management!

Our research program is dedicated to the risks, problems, chances and challenges grounded on this gap – the gap between globalization of firms and markets on the one and regionalization effects on the other hand. In particular, we are interested in how firms can access the necessary resources such as financial capital, human capital and knowledge spillovers from their location (Spatial Resource Management), how these resources are transformed into marketable products to exploit strategic advantages in a globalized world (Organizational Capital Management) and how these processes are governed to ensure that all investors with relationship specific investments could be protected within this process (Corporate Governance).