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Informationen zum Autor FRANKLIN R. ROOT is professor emeritus of international management at the University of Pennsylvania's Wharton School of Business and past president of the Academy of International Business and of the International Trade and Finance Association. He also does extensive consulting work for businesses and government agencies throughout the United States and around the world. Klappentext Sage Advice on Going GlobalRoot's perspective is extremely insightful, and clearly the work of one who knows his topics from personal experience. It encapsulates what some of us have taken decades to learn through trial and error.--Larry D. Bouts, president, International Division, Toys-R-Us, Inc.The North American Free Trade Agreement, the new European common market, and the opening of Eastern Europe--among other recent geopolitical developments--have created unprecedented opportunities for American companies seeking to enter foreign markets. This guide offers executives practical advice, recently updated and expanded, on deciding which markets to enter, choosing a product for international distribution, designing an entry strategy, and developing an effective international marketing plan. Zusammenfassung A guide to entering foreign markets. The book offers practical advice on deciding which markets to enter, choosing a product for international distribution, designing an entry stategy, and developing an effective international marketing plan. Inhaltsverzeichnis Figures xi Tables xiii Preface xv 1. Designing Entry Strategies for International Markets 1 The Elements of Entry Strategy 2 Classification of Entry Modes 5 Factors Influencing the Choice of the Entry Mode 8 Dynamics of Entry Mode Decisions 15 The International Marketing Plan 18 A Logical Flow Model of the Entry Decision Process 21 Summary 21 2. Deciding on the International Product Candidate and Target Market 25 Choosing the Candidate Product 25 Adapting Products for International Markets 29 Preliminary Screening of Country Markets 33 Estimating Industry Market Potentials 38 Estimating Company Sales Potentials 41 Summary 46 Annotated Bibliography of International Statistical Information 50 3. Entering International Markets through Exports 53 Exporting as a Learning Experience 53 Direct Exporting 55 Determining the Direct Export Channel 59 Choosing a Foreign Agent/Distributor 63 Export Operations 70 Getting Started in Export 76 Summary 80 4. Entering International Markets through Licensing and Other Contractual Arrangements 85 Licensing as a Primary Entry Mode 86 Protecting Industrial Property Rights Abroad 88 Profitability Analysis of a Proposed Licensing Venture 94 Negotiating the Licensing Agreement 98 Legal and Government Constraints on Licensing 108 International Franchising 109 Other Contractual Entry Modes 112 Summary 118 5. Entering International Markets through Investment 123 General Appraisal of the Investment Entry Mode 123 The Decision to Invest in a Target Country 126 Analyzing the Foreign Investment Climate: Assessing Political Risk 128 Analyzing the Foreign Investment Project: Assessing Political Risk 128 Analyzing the Foreign Investment Project: Assessing Profitability 136 Investment Entry through Acquisition 142 Investment Entry through Equity Joint Venture 146 Entry Negotiations with Host Governments 153 Summary 154 6. Deciding on the Right Entry Mode 159 The Naïve Rule 159 The Pragmatic Rule 160 The Strategy Rule 160 Comparing Entry Modes: An Approach 162 Summary 198 7. Designing the ...
