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Index of Paper Presentations for the Parallel Sessions - Academy of ...

Index of Paper Presentations for the Parallel Sessions - Academy of ...

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Research DesignResource based view is a new conceptualization <strong>of</strong> <strong>the</strong> literature previously amalgamated by many researchers(Conner, 1991; Barney, 2001; Yang et al., 2008). A measurement instrument can validate <strong>the</strong> scale developed to test<strong>the</strong> model proposed by this research (Churchill, 1979). The instrument will be based on <strong>the</strong> review <strong>of</strong> literature andqualitative insights received from <strong>the</strong> data collected from <strong>the</strong> field (Nanually, 1967). The sample <strong>of</strong> internationalcompanies and local companies involved in <strong>the</strong> business <strong>of</strong> selling products or services <strong>of</strong>fered by internationalcompanies will be selected <strong>for</strong> purpose <strong>of</strong> data collection. Access to <strong>the</strong> sample will be supported by <strong>the</strong> database <strong>of</strong>international firms from a marketing agency <strong>of</strong>fering its services to international firms and associations <strong>of</strong> localfirms.Research Data and MethodologyThe objective <strong>of</strong> our empirical research will be to look at <strong>the</strong> variables that streng<strong>the</strong>n <strong>the</strong> relationship betweeninternational and local firms from a resource-based view. The data <strong>for</strong> analysis involves two set <strong>of</strong> respondents i.e.international firms and local firms. Respondents will be <strong>the</strong> senior managers <strong>of</strong> international firms who are <strong>of</strong>feringproducts and services to local firms and local firms who are <strong>of</strong>fering products and services <strong>of</strong> international firms to<strong>the</strong>ir local markets. The data will be procured from marketing companies operating in India. For this research, weincommon look at how <strong>the</strong>se two types <strong>of</strong> firms benefit from <strong>the</strong> resources owned by <strong>the</strong> o<strong>the</strong>r firm.As a part <strong>of</strong> analysis, we will be reviewing <strong>the</strong> individual contributions made by firms, to explain how <strong>the</strong>y mutuallyallow <strong>the</strong> partner firms to exploit <strong>the</strong>ir resources <strong>for</strong> addressing competitive markets with innovating marketingpractices. In order to reflect on <strong>the</strong> quality <strong>of</strong> local relationships and resources provided by local firms tointernational firms we also measure <strong>the</strong> role <strong>of</strong> networks in <strong>the</strong> association as an indicator <strong>of</strong> internal capabilities <strong>of</strong><strong>the</strong> firm. Based on review <strong>of</strong> literature and data available, authors have conceptualized specific constructs.This research aims to econometrically test <strong>the</strong> model presented in this paper by per<strong>for</strong>ming confirmatory factoranalysis and path analysis using structural equation modeling. Our structural model will look at <strong>the</strong> relationshipsidentified to understand <strong>the</strong> benefits <strong>of</strong> relationships between international and local firms in business networks. Therelationships will be evaluated through covariance structure analysis using LISREL (Anderson and Gerbing, 1988).A null model that will allow a better understanding <strong>of</strong> <strong>the</strong> structural model that will be estimated by considering <strong>the</strong>relationships between observable constructs to be zero. The structural paths will be estimated to find a saturatedmodel.SummaryIntegration <strong>of</strong> marketing and resource-based <strong>the</strong>ory identifies <strong>the</strong> ability <strong>of</strong> a firm to utilize its knowledge andrelationships apart from products and services as valuable resources that can drive its competitiveness in <strong>the</strong>marketplace (Cooner, 1991; Barney, 2001; Fahy, 2002). Despite a plethora <strong>of</strong> research on this integration, thisstream <strong>of</strong> knowledge requires an established framework. This is a work in progress paper that has outlined a broadconcept into a framework which requires fur<strong>the</strong>r investigation that can refine and establish <strong>the</strong> relationships betweenconstructs identified.ReferencesAkan O., Allen R.S., Helms M.M. and Spralls S.A. (2006), ―Critical tactics <strong>for</strong> implementing Porter‘s genericstrategies‖, Journal <strong>of</strong> Business Strategy, 27(1): 43-53.Amin A. (1999), ―An institutionalist perspective on regional economic development‖, International Journal <strong>of</strong>Urban and Regional Research, 23(2): 365-378.Anderson J.C. and Gerbing D.W. (1988), ―Structure equation modeling in practice: A review and recommendedtwo-step approach‖, Psychological Bulletin, 103(3): 411-423.

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