a column by Jacques Melitz and Farid Toubal for VOX: CEPR’s Policy Portal
Artificial intelligence has made spectacular progress in recent years. One particular source of high expectations is automatic translation and whether it will finally bring about the long-predicted death of distance in trade.
This column examines the impact of a common language on bilateral trade and finds that the net result of reducing linguistic frictions with a set of trading partners is not apparent.The potential impact of machine translation on foreign trade remains up in the air.
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Showing posts with label distance. Show all posts
Showing posts with label distance. Show all posts
Wednesday, 7 August 2019
Sunday, 22 October 2017
Distances, multinational organisational learning, and firm performance: a new perspective
an article by Philipp Metz
(Dresden University of Technology, Germany) published in International Journal of Business Environment Volume 9 Number 2 (2017)
Abstract
In the international business literature, the impact of organisational learning on firm performance in the multinational context is broadly discussed. However, oversimplifications and inconsistencies in theories and empirical analyses to explain the phenomenon hinder overall understanding of a supposed beneficial influence.
The purpose of this paper is to discuss when multinational organisational learning generates positive implications for firm performance, in contrast to an observable taken-for-granted positive impact inherent in current research.
Drawing on distance dimensions' influence, I revisit the assumptions of the effect of traditional geographic, cultural, and psychic distances on the positive impact of multinational organisational learning on firm performance and offer revised assumptions of the effect of newly identified, contemporary strategic, communication, and content distances. I thus address the importance of the strategic roles of organisational units, their connectivity, and perceptions of various knowledge contents.
The implications for further research and practice are also discussed.
Abstract
In the international business literature, the impact of organisational learning on firm performance in the multinational context is broadly discussed. However, oversimplifications and inconsistencies in theories and empirical analyses to explain the phenomenon hinder overall understanding of a supposed beneficial influence.
The purpose of this paper is to discuss when multinational organisational learning generates positive implications for firm performance, in contrast to an observable taken-for-granted positive impact inherent in current research.
Drawing on distance dimensions' influence, I revisit the assumptions of the effect of traditional geographic, cultural, and psychic distances on the positive impact of multinational organisational learning on firm performance and offer revised assumptions of the effect of newly identified, contemporary strategic, communication, and content distances. I thus address the importance of the strategic roles of organisational units, their connectivity, and perceptions of various knowledge contents.
The implications for further research and practice are also discussed.
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