What is the relationship between the international business and globalization?

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Marina Dabic (Department of International Economics, Faculty of Economics and Business, University of Zagreb, Zagreb, Croatia and Department of Management, Nottingham Trent University, Nottingham, UK)

Jane Maley (Department of Management, Sabanci University, Istanbul, Turkey)

Ivan Novak (Department of International Economics, Faculty of Economics and Business, University of Zagreb, Zagreb, Croatia)

Abstract

Purpose

The rise of the global economy has been an essential element in the international business (IB) agenda since the 1980s, and the topic of globalisation has not failed to captivate the attention of IB researchers and practitioners alike. Globalisation has impacted on such diverse issues as trade relations, geopolitical boundaries, social class, human rights, environmental commitments, religion, ethnicity, sovereignty and conservation of culture. The purpose of this paper is to provide an analysis of the current state of IB research on the topic of globalisation and to guide researchers who are new to IB research as to which journals and authors to consult when studying this phenomenon.

Design/methodology/approach

The paper presents a bibliometric analysis using the Web of Science database. A multiple correspondence analysis provides a map of keywords and authors, as well as a framework to track the globalisation literature over the 26-year period, 1993–2018.

Findings

The findings identify several fundamental themes and significant gaps in the extant literature; the most alarming gap centres around the effect of globalisation on social issues and, consequently, the rise of the anti-globalisation crusaders.

Research limitations/implications

The literature review produced 529 articles listed only in the Web of Science Core Collection in the period 1993–2018.

Practical implications

A distinctive contribution of this study is that it investigates the intersection between globalisation and IB. This paper seeks to expose the intellectual structure of globalisation research, identify existing and emerging themes of globalisation research and discuss future research streams.

Social implications

The findings show the rise of the globalisation sceptic and reveal the mounting concerns regarding the unequal benefits of globalisation.

Originality/value

There are two key benefits of this review. First, the theory extends by identifying a swing from an alignment with the transformationalist theory to sceptical theory. Second, the review has the potential to guide scholars on precisely what needs to be explored in IB globalisation research.

Keywords

  • Globalisation
  • International business
  • Social implications
  • Sceptics
  • Anti-globalisation
  • Bibliometric

Citation

Dabic, M., Maley, J. and Novak, I. (2021), "An analysis of globalisation in international business research 1993–2018: rise of the sceptics", Critical Perspectives on International Business, Vol. 17 No. 3, pp. 444-462. https://doi.org/10.1108/cpoib-02-2019-0016

Publisher

:

Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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Journal Information

Business and Professional Ethics Journal is a peer-reviewed forum for interdisciplinary research that explores the systemic causes of ethical challenges in business and professional life. Established in 1981, it originally published articles and reviews with a focus on ethical problems encountered by professionals working in large organizational structures. Over the years it has published special issues in cooperation with a number of professional associations, including the Society for Business Ethics, the Markkula Center for Applied Ethics, the Australian Association for Professional and Applied Ethics, and the Canadian Society for the Study of Practical Ethics. Contributors include leading scholars in business and practical ethics from several countries.  

Publisher Information

The Philosophy Documentation Center is a non-profit organization dedicated to providing affordable and sustainable access to scholarly materials in philosophy, applied ethics, religious studies, classics, and related disciplines. Established in 1966, it publishes essential reference materials, peer-reviewed journals, book series, conference proceedings, and research databases. It hosts a large collection of electronic resources, and provides membership and authenticated online access services for professional organizations in several countries.

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What is the relationship between international business and globalization?

The increase of international trade over the years has been a result of the globalization process. Thus, both consumers and companies can now choose from a wider range of products and services.

What is the difference between international business and globalization?

Globalization is broader than international business and describes a shift toward a more integrated world economy in which culture, ideas, and beliefs are exchanged in addition to goods, services, and resources.

What is the connection of international to globalization?

Globalization is the connection of different parts of the world. Globalization results in the expansion of international cultural, economic, and political activities. As people, ideas, knowledge, and goods move more easily around the globe, the experiences of people around the world become more similar.

How globalization and international business affect each other?

Globalization Increases International Investing Companies benefit from pricing differences, or arbitrage, in different markets for labor and supplies. Globalization compels connected economies to continue to invest in each other to protect their economic health and acquire new profits.