Business Diplomacy Strategies and Instruments: Biotechnology Companies Promoting GMOs in Mexico

Pantoja, Yadira Ixchel Martínez

doi:10.1163/1871191x-13040000

Cited by 4 publications

(2 citation statements)

References 2 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Their effectiveness varies across industries and situations. Pantoja (2018) emphasizes adapting to domestic market characteristics in biotechnology and the importance of both proactive and reactive strategies.…”

Section: Corporatementioning

confidence: 99%

International Business Diplomacy: Mining for Good Practices in Indonesia

Surya

2023

JPI

View full text Add to dashboard Cite

"International Business Diplomacy: Mining for Good Practices in Indonesia" explores how business diplomacy can be a strategic tool in optimizing the potential of Indonesia's mining sector on the international stage. Armed with abundant natural resource wealth, Indonesia faces the challenge of ensuring that its mining industry provides maximum benefits for the economy and society while maintaining harmonious relations with international trading partners. This research highlights two main cases: contract renegotiation with Freeport-McMoRan and cooperation in the nickel sector with China. These two cases illustrate how Indonesia, with a careful approach to business diplomacy, has succeeded in attracting investment, increasing industrial added value, and ensuring sustainable mining practices. However, despite this success, challenges such as environmental issues, workers' rights and good governance remain priorities. In conclusion, business diplomacy, if implemented correctly, can be the key for Indonesia to achieve sustainability and justice in its mining industry in the era of globalization.

show abstract

Section: Corporatementioning

confidence: 99%

International Business Diplomacy: Mining for Good Practices in Indonesia

Surya

2023

JPI

View full text Add to dashboard Cite

show abstract

“…A recent study points to four leading instruments: competitive intelligence, relationships with host stakeholders, management of corporate reputation, and lobbying (Egea et al, 2020). Another investigation in the biotechnology sector proves the importance of adapting business diplomacy tools by industry and the specific circumstances of the company and the local market (Pantoja, 2018). The authors emphasise using a comprehensive approach to long-term goals without neglecting proactive and reactive actions.…”

Section: International Business Diplomacymentioning

confidence: 99%

International business diplomacy: mining for good practices in Latin America

Delgadillo¹,

Sánchez²,

Valderrey³

2022

IJDIPE

View full text Add to dashboard Cite

Historically, diplomacy has been an inherent aspect of international commerce and trade. Diplomacy has evolved, providing innovative tools and a theoretical foundation to conceptualise International Business Diplomacy (IBD). Despite numerous success stories, there is little awareness of how IBD may assist Managers of Multinational Enterprises (MNEs), specifically in some crucial sectors. One of those sectors is the mining industry. This paper proposes enhancing IBD as a valuable area for providing value to MNEs in their relationships with different stakeholders, emphasising sustainability issues. After a brief review of the literature, we propose a working definition for international business diplomacy. Then, we describe the mining industry and the factors that create a need for private diplomatic intervention. Afterward, we move the discussion to Latin America, presenting the methodology and findings of our investigation. The final remarks share some findings that may help managers of MNEs operating in emerging markets.

show abstract