Industrial policy, green challenges, and international business

IF 8.6 1区 管理学 Q1 BUSINESS
Gabriel R. G. Benito, Klaus E. Meyer
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引用次数: 0

Abstract

Nation-states are designing their industrial policies increasingly to not only enhance national competitiveness, but also to simultaneously address “Green Challenges”, concerns about the natural environment that require concerted action among different actors in society, including domestic and foreign multinational enterprises (MNEs). This blending of global and national policy objectives is leading to a new wave of industrial policies in advanced economies that are informed by scholarly discourses in evolutionary economics, innovation systems, and 'wicked problems'. We discuss the implications of these sustainability-oriented industrial policies for MNEs. They operate in increasingly diverse local ecosystems shaped by local actors and local policies as we illustrate for two such ecosystems in Nordic countries: circular economy and energy transition. Many MNEs face a tension between capabilities they could use to help nations achieve their sustainability goals and incentives to protect existing rents and business models. They may thus engage pro-actively or reactively in both market and nonmarket realms in each country in which they operate. We discuss the interactions between MNEs, governments, and other actors in host countries pursuing both sustainability and competitiveness objectives, and outline how ensuing tensions create new challenges and opportunities for international business scholarship.

Abstract Image

产业政策、绿色挑战和国际商业
各国在制定产业政策时,越来越多地考虑到不仅要提高国家竞争力,还要同时应对 "绿色挑战",即对自然环境的关切,这需要社会中不同行为体(包括国内外跨国企业)采取协调一致的行动。这种全球和国家政策目标的融合正在引领发达经济体的新一轮产业政策浪潮,而进化经济学、创新系统和 "恶性问题 "等学术论述则为这些政策提供了依据。我们将讨论这些以可持续性为导向的产业政策对跨国企业的影响。它们在日益多样化的地方生态系统中运作,而这些生态系统是由地方参与者和地方政策所形成的,我们以北欧国家的两个生态系统为例进行说明:循环经济和能源转型。许多跨国企业面临着这样一种矛盾:一方面,它们可以利用自己的能力帮助国家实现可持续发展目标;另一方面,它们又不得不保护现有的租金和商业模式。因此,它们可能会主动或被动地参与所在国的市场和非市场领域。我们讨论了跨国企业、政府和东道国其他同时追求可持续发展和竞争力目标的参与者之间的互动,并概述了随之而来的紧张局势如何为国际商业学术研究带来新的挑战和机遇。
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来源期刊
CiteScore
16.20
自引率
10.30%
发文量
84
期刊介绍: The Selection Committee for the JIBS Decade Award is pleased to announce that the 2023 award will be presented to Anthony Goerzen, Christian Geisler Asmussen, and Bo Bernhard Nielsen for their article titled "Global cities and multinational enterprise location strategy," published in JIBS in 2013 (volume 44, issue 5, pages 427-450). The prestigious JIBS Decade Award, sponsored by Palgrave Macmillan, recognizes the most influential paper published in the Journal of International Business Studies from a decade earlier. The award will be presented at the annual AIB conference. To be eligible for the JIBS Decade Award, an article must be one of the top five most cited papers published in JIBS for the respective year. The Selection Committee for this year included Kaz Asakawa, Jeremy Clegg, Catherine Welch, and Rosalie L. Tung, serving as the Committee Chair and JIBS Editor-in-Chief, all from distinguished universities around the world.
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