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Toward a strategic management perspective on local content in African extractives: MNC procurement strategies between local responsiveness and global integration
Africa Journal of Management Pub Date : 2020-01-02 , DOI: 10.1080/23322373.2020.1717283
Michael Wendelboe Hansen 1
Affiliation  

ABSTRACT Local content requirements – i.e. government backed requirements that extractive MNCs must procure inputs locally – are fast becoming a major issue in MNC-host country bargaining in Africa. As a result of increasingly stringent local content requirements, extractive MNCs operating in Africa are facing a rapidly evolving strategic field, the management of which may have huge implications for their profitability and efficiency. While a vibrant and dynamic literature on local content in Africa is emerging, this literature is predominantly informed by economic and political perspectives, and strategic management perspectives are virtually absent. Hence, the aim of the paper is to characterize and develop the strategic management perspective on local content. Based on the classical local responsiveness-global integration grid, a framework is developed for, how MNCs may strategize on local content. The paper contributes to research by providing a conceptual framework that can inspire future strategic management research on MNC local content practices in Africa. Moreover, by providing a theory-based understanding of the strategic opportunities and challenges that face MNCs in relation to local content requirements, the paper may inform policymakers on how to better align local content interventions with MNC strategies and interests thus rendering them more effective.

中文翻译:

建立关于非洲采掘物本地含量的战略管理观点:在当地响应与全球一体化之间的跨国公司采购策略

摘要本地内容要求,即由政府支持的,要求开采跨国公司必须在当地采购投入品的要求,正迅速成为跨国公司所在国在非洲谈判的主要问题。由于对本地内容的要求日益严格,在非洲开展业务的跨国公司正在迅速发展的战略领域,对其管理可能对其盈利能力和效率产生重大影响。尽管出现了关于非洲本地内容的充满活力和活力的文献,但这些文献主要是由经济和政治观点提供的,而几乎没有战略管理观点。因此,本文的目的是表征和发展针对本地内容的战略管理观点。基于经典的本地响应度-全球集成网格,为跨国公司如何制定本地内容战略制定了框架。本文通过提供一个可以启发未来对非洲跨国公司本地内容实践的战略管理研究的概念框架,为研究做出了贡献。此外,通过对跨国公司在本地内容要求方面面临的战略机遇和挑战提供基于理论的理解,本文可以为决策者提供有关如何更好地使本地内容干预措施与跨国公司战略和利益相一致的信息,从而使决策者更加有效。
更新日期:2020-01-02
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