International economics

Södersten, Bo

doi:10.1007/978-1-349-16300-7

Cited by 18 publications

(7 citation statements)

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“…A fully developed theory of the expansion of the firm is a formidable challenge for strategic management research. The theory would involve production theory (Hayes and Wheelwright, 1984), investment theory (Hirshleifer, 1970), portfolio theory (Sharpe, 1970), organizational economics (Barney and Ouchi, 1986;Williamson, 1985), the theory of oligopoly (Friedman, 1983), the theory of international finance (Sodersten, 1980), and so forth. While not claiming to be a comprehensive theory of expansion, the resourcebased approach provides an illuminating generalizable theory of the growth of the firm.…”

Section: Discussionmentioning

confidence: 99%

The resource‐based view within the conversation of strategic management

Mahoney¹,

Pandian²

1992

Strategic Management Journal

2,422

1,339

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Section: Discussionmentioning

confidence: 99%

The resource‐based view within the conversation of strategic management

Mahoney¹,

Pandian²

1992

Strategic Management Journal

2,422

1,339

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“…FDI refers to an investment in a foreign country, where the investor retains control over the investment (Sodersten, 1979). It also defines as a transfer of package of resources across the countries and that includes capital, technology, management and marketing expertise (Odozo, 1995).…”

Section: Foreign Direct Investment: the Concept And Importancementioning

confidence: 99%

Impact of FDI in Retailing: An Empirical Analysis on Perception of Unemployed Youth on Employment Opportunities in India

Kannaiah

Selvam²

2014

IJEF

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Purpose: In recent years, numerous researches have been conducted on Foreign Direct Investment (FDI) from various perspectives. From a survey on FDI literatures of infrastructure, construction, and service sectors perspective, there are some studies based on the FDI in retailing in single and multi brand made by scholars. However, the perception of unemployed youth on impact of FDI in retailing about employment opportunities in India is yet to be explored. This article is therefore timely and fills the gap in FDI in retailing literature. In a nutshell, the existing organized retailers show a turnover in the range of $15 billion to $18 billion, leading to the creation of about one million direct and indirect jobs. This implies that Foreign Direct Investment (FDI) retailers need to generate $60 billion of turnover in India; it contributes about 14% to India's gross domestic product (GDP) and is growing at the rate of 15%. The retail sector would guess that in three years it would be a Herculean achievement if FDI leads to the creation of even 0.3 to 0.4 million net additional jobs. In India the pay scales for organized retail shopping mall employees are getting nearly a monthly salary of Rs.5,750 to Rs.6,250 compared to others unorganized retail shopping mall employees, they get a monthly salary of Rs.4,000 to Rs.4,500. It is very interesting to note that the multi-brand retail FDI policy in other countries like China approved 100% limit that reflects employment opportunities rose from 28 million to 54 million from 1992 to 2001. Based on the above backdrop, an attempt has been made in this paper to study the impact of FDI in retailing with the perception of unemployed youth on employment opportunities in India.Design/Methodology/Approach: Primary data using convenient sampling through questionnaire and interview method as well as secondary data from wide range of literature and various journal publications had been utilized. Frequency distribution, percentage analysis and one way ANOVA were used to test the objectives of the study. In order to test the reliability of the scale, the researcher applied Cronbach's Alpha (CFA) to measure the internal consistency of the variables. Findings:The findings of the study on impact of FDI in retailing emphasized that the educated youth will get more good and decent employment opportunities in India.Originality/Value: Impact of FDI in retailing: An empirical analysis on perception of unemployed youth on employment opportunities in India is the original work of the authors.

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“…Both the Leninist theory of imperialism (Lenin, 1970) and the neo-classical factor endowment hypothesis suggested a falling rate of profit or low rate of returns at home, owing to the diminishing marginal returns to capital (Sodersten, 1988;Kreinin, 1995) as the main motive for FDI (export of capital). On the one hand, the home economy is seen as capital rich with near full employment, hence facing a low rate of return to capital and relatively high wages.…”

Section: Pull and Push Theoriesmentioning

confidence: 99%

Can Globalisation and Global Localisation Explain Foreign Direct Investment? Japanese Firms in Europe

Seyf

2001

International Journal of the Economics of Business

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International economics

Cited by 18 publications

References 0 publications

The resource‐based view within the conversation of strategic management

The resource‐based view within the conversation of strategic management

Impact of FDI in Retailing: An Empirical Analysis on Perception of Unemployed Youth on Employment Opportunities in India

Can Globalisation and Global Localisation Explain Foreign Direct Investment? Japanese Firms in Europe

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