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"Although largely unseen, the industrial revolution taking place before us is picking up steam, dramatically. Dissolution of traditional global trading partnerships and the formation of new trading blocks, such as China's Belt and Road initiatives, are creating turmoil and rapid change in the international business domain. Continual advances in technology and health treatments, political and societal change are underpinning these transformations. It is unclear just how this revolution will unfold or what the role of the corporation will be in the long run. This book helps us navigate through these challenging times by identifying areas where opportunities will develop. Written by highly qualified experts from a diverse range of backgrounds, the book takes a novel backcast view to present more critical arguments. The book has been set in the not so distant future, reflecting back on the changes that have led to a new type of corporation and the conditions that have led to it. Each chapter presents a complimentary view about the nature of and context for the 2040 Future Corporation. The back casting perspective will provide a very effective discipline for readers to analyse contemporary trends while presenting an integrated and balanced future perspective"--

Although this book has a specific focus on Australian firms doing business in China, the important and unique contribution this book makes will help you and anyone in an organization that is considering doing business in China. China maintains a high growth economy and is currently the second largest in the world. This book, which includes results from research interviews conducted with business executives from 40 organizations, will assist in preparing to do business in China. This book takes you through the various elements associated with doing business in China, including the opportunities

The Asian Century will bring many changes to world trade and to the global economy. It is predicted that China will be the largest single economy in this new economic era; understanding how business operates in China will hence be central to success in the Asian Century. This book will be of particular interest to researchers, managers, and anyone interested in international business in China. It examines the experiences of a wide range of Australian businesses that have internationalized to China, including planning for, establishing and operating a business in China, staff selection and management, the trade and investment environment, legal practices and regulations, politics, corruption and intellectual property protection. Australian businesses were selected for this project because of Australia's strong economic connection with China and the stability of the Chinese economy over the last 20 years, including during the GFC. China has been Australia's top trading partner since 2007. The consistency of the Chinese economy and the long-term commitment of Australian businesses to operations in China provided a valuable perspective from which to examine foreign business operations in China. Over the last 20 years, the Chinese economy grew tenfold, to become the second largest in the world. The longitudinal perspective of many of the participants over this period of change enabled them to offer insightful observations regarding the fundamental drivers of business practices in China. The findings presented in this book are based on interviews collected from 40 organizations, ranging from global mining and banking organizations to small manufacturing or service companies, covering a range of industries, and entry modes.

Introduction -- Understanding the internationalization process of innovative SMEs -- The role of innovation and SME internationalization -- The role of networks in SME internationalization of innovative firms -- The role of entrepreneurship in SME internationalization of innovative firms -- The role of resources and capabilities in SME internationalization of innovative firms -- Barriers, liabilities and costs faced by innovative SMEs in the Chinese market -- HRM practices for innovative SMEs in China -- Conclusion

Though critical to all life – and to most economic activity – water has consistently been undervalued relative to the wide range of uses and benefitsit provides. However, with new valuation methods and frameworks being developed, governments, the private sector and financial institutions are beginning to make progress in recognizing the wider value of water. As these discussions advance, we believe it is important to shine a light on a paralleland equally critical challenge: the consistent failure of economies andsocieties to value rivers for their full spectrum of benefits.

The sustainable development goals (SDGs) challenge markets, regulators and practitioners to achieve multiple objectives on water, food and energy. This calls for responses that are coordinated and scaled appropriately. Learning from water–energy–food nexus could support much-needed building of links between the separate SDGs. The concept has highlighted how risks manifest when blinkered development and management of water, food and energy reduce resource security across sectors and far-reaching scales. However, three under-studied dimensions of these risks must be better considered in order to identify leverage points for sustainable development: first, externalities and shared risks across multiple scales; second, innovative government mechanisms for shared risks; and third, negotiating the balance between silos, politics and power in addressing shared risks.

The sustainable development goals (SDGs) challenge markets, regulators and practitioners to achieve multiple objectives on water, food and energy. This calls for responses that are coordinated and scaled appropriately. Learning from water–energy–food nexus could support much-needed building of links between the separate SDGs. The concept has highlighted how risks manifest when blinkered development and management of water, food and energy reduce resource security across sectors and far-reaching scales. However, three under-studied dimensions of these risks must be better considered in order to identify leverage points for sustainable development: first, externalities and shared risks across multiple scales; second, innovative government mechanisms for shared risks; and third, negotiating the balance between silos, politics and power in addressing shared risks.

AbstractWe analyse the threats of global environmental change, as they relate to food security. First, we review three discourses: (i) 'sustainable intensification', or the increase of food supplies without compromising food producing inputs, such as soils and water; (ii) the 'nexus' that seeks to understand links across food, energy, environment and water systems; and (iii) 'resilience thinking' that focuses on how to ensure the critical capacities of food, energy and water systems are maintained in the presence of uncertainties and threats. Second, we build on these discourses to present the causal, risks and options assessment for decision‐making process to improve decision‐making in the presence of risks. The process provides a structured, but flexible, approach that moves from problem diagnosis to better risk‐based decision‐making and outcomes by responding to causal risks within and across food, energy, environment and water systems.