Industry globalization: construct, measurement and variation across industries
ISSN: 1525-383X
Article publication date: 28 July 2022
Issue publication date: 27 October 2022
Abstract
Purpose
The purpose of this paper is to identify some of the major issues relating to the conceptualization and operationalization of industry globalization.
Findings
Globalized industries have four important characteristics: cross-border product flows, cross-border capital flows, dispersal of global value chains and global competition. However, lack of availability of data limits our ability to develop an operationalization that encompasses all these four aspects of globalization.
Practical implications
The authors identify some of the most important factors driving industry globalization as well as the major impediments to globalization.
Originality/value
Although the term “globalization” has attained a nearly “taken for granted” status, its meaning is rather vaguely specified and is often context dependent. This paper delineates the domain of the construct and identifies many of the practical issues in operationalizing the construct.
Keywords
Citation
Sambharya, R.B., Contractor, F.J. and Rasheed, A.A. (2022), "Industry globalization: construct, measurement and variation across industries", Multinational Business Review, Vol. 30 No. 4, pp. 453-470. https://doi.org/10.1108/MBR-04-2022-0053
Publisher
:Emerald Publishing Limited
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