GLOBAL COMPETITIVE ADVANTAGE

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GLOBAL COMPETITIVE ADVANTAGE Concepts, Approaches and Perspectives Volume II MICRO FOUNDATIONS OF GLOBAL Editors: Shyam S. Lodha B.P. Bhatnagar Navneet Sharma ABHIJEET PUBLICATIONS DELHI 110094

Contents Foreword Editorial Volume I MACRO FOUNDATIONS OF GLOBAL v vii 1. Introduction: Mapping Global Competitive 1 Advantage Navneet Sharma & B.P. Bhatnagar 2. Comparative Advantage and Competitive 22 Advantage: An Economic Perspective and a Synthesis 1 Satya Dev Gupta 3. Challenge of Competitiveness in Lagging Regions 39 Justin Yifu Lin & Mingxing Liu 4. Margins as Centers: Probing the Improbable 77 Gajendra Kumar 5. Changing Countours of Global Competitive 86 Advantage: Knowledge Economy and Management Approach Renaldas Gudauskas 6. Demystifying Outsourcing: The Numbers Do Not 103 Support the Hype Over Job Losses ' Mary Amiti & Shang-Jin Wei

(xii) 7. Outsourcing or Insourcing? 112 Nilakantan Nagarajan 8. Foreign Direct Investment and Economic 124 Transition: Panacea or Pain Killer? Camilla Jensen 9. Hie Rhodus Hie Salta: Human Capital and 154 Competitiveness in Small LDCs Shweta Sharma 10. Globalization and Outsourcing: A Perspective on 178 Its Impact on India Surendra K. Kaushik & Shyam S. Lodha 11. Leveraging the Competitiveness of Eritrean 185 Agriculture: A Case Study on Elabered Estate Ravinder Rena 12. The Role of Governance in Improving Global 210 Competitiveness Chavali L. Kiran 13. Agony in the Antipodes: The Generic Drug 218 Provisions of the Australia-US Free Trade Agreement Kevin Outterson 14. Attracting Outsourcing: A Cross-country 235 Qualitative Analysis of the Determinants and Suggestions for India K.K. Saxena & Ruchi Sharma 15. Trade Liberalization and Competitive Advantage 253 Murali Neettukattil 16. Impact of Technology on Global Competitive 262 Advantage Nageshwar Rao & Madhvi Sethi 17. Outsourcing: Theory and Issues 271 S.L. Bapna 18. Gelling with the BPO Gamble 278 Bala Krishnamorthy & Sumi Jna 19. The Theory of Creative Global Competitive 292 Advantages Mahesh V. Joshi

(xiii) 20. Globalisation in Lieu of Competitive Advantage 315 Selvarasu, A. & Nageswara Rao, S.B 21. Outsourcing as a Business Activity has Existed 322 Since Time Immemorial Prof. Anil Sethi 22. Comparison of Clusters in Software Industry: 324 A Case of India and Israel Vinnie Jauhari Volume II MICRO FOUNDATIONS OF GLOBAL 23. Competitiveness and Corruption in Foreign 353 Markets: Suggested Strategies for Multinational Enterprises Abdalla Hagen, Shyam Lodha & Shahid Siddiqi 24. Contributions of Automotive Multinational 361 Companies to the Local Productive Arrangements Formation: A Study in Companies from the ABC-Region, Sao Paulo State, Brazil Marco Antonio Pinheiro da Silveira, Ronaldo Zwicker & Rene Henrique Gotz Licht 25. Corporate Governance, Firm Competitiveness 385 and CEO and Board Turnover: Evidence from India Arijit Ghosh 26. The Determinants of Competitive Advantage 413 of Brazilian Exporting Firms 1 Jorge Saba Arbache & Joao Alberto De Negri 27. Hybrid Sourcing: A New Paradigm? 438 Tapati Bandopadhyay, Ashish Mitra & Pradeep Kumar 1 28. A Framework for Gaining Competitive Advantage 451 through IS Outsourcing B. Sashikala & Tapas Mahapatra * - 29. Tough Times in Outsourcing Ahead: A Word of 468 Caution for India Gurmeet Singh & Rakesh Belwal

(xiv) 30. Critical Views on Outsourcing Trends in Indian 478 Public Sector Banks Manas Ranjan Patra & Mahil Can 31. Mentoring Programs and Jobs: A Contingency 486 Approach Evan H. Offstein, Jason M. Morwick & Amit ]. Shah 32. Cognitive Mapping and Psychology of 491 Competitiveness Vijaya Laxmi Chouhan, Archana Golwalkar & Jaydeep Chouhan 33. Ethical Issues in Business and Marketing 496 J.S. Panwar 34. Globalisation, Reforms and Performance of 504 Banking IPOs in India Saurabh Ghosh 35. Competitive Advantage in Indian Banking 518 Yogesh Maheshwari 36. Re-Engineering Operations in Banking Products 528 AA. Ananth, M. Sivasubramanian & A. Rajamohan 37. Global Competitiveness Through the Quality 535 Way: JK Tyre Experience R. Mukhopadhyay 38. HR Strategies and Competitiveness: A Case of 544 Indian Small and Medium Sized Tourism Enterprises Mohinder Chand 39. Employee Involvement & Empowerment Practice 558 (EIEPP) of Powergrid: Gaining Competitive Advantage Kunal Kirti 40. Human Resources in the Era of Globalization: 579 Challenges and Strategies Naveen Gupta, C. K. Singh & Anju Jain 41. Crouching Tiger, Beware India: A Case Study 588 of South Korean IT Industry Dr. G.S. Raivat & Bhavesh Prakash Joshi 42. Making Sense of an Integrating World 605 Mrs. Soma Arora