International Business Center Annual Report 2007 .
International Business CenterAnnual Report 2007:Fostering Global ConnectivityThe Eli Broad College of BusinessThe Eli Broad Graduate School of ManagementMichigan State University
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Annual Report 2007:Fostering Global ConnectivityTABLE OF CONTENTSDirectors’ Column. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2IBC Founder S. Tamer Cavusgil Retires in 2008. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32008 Sample of Activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 655 Faculty Benefit from the 7th Biennial IB Institute . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7Industry Profiles and the Database of International Business Statistics Expand globalEDGE . . . . . . . . . . . . 9Emerging Market Potential Indicators. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11AIB Hosts 731 Members in Indianapolis. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12JIBS Managing Editor’s Office Moves to East Lansing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13Faculty Research Profile: David Closs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14Export Nicaragua: An Export Preparedness Program. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15Outreach to Women in Business. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15The MSU International Business Center: A Conglomerate of Internationalization. . . . . . . . . . . . . . . . . . . .16IBC Organizational Chart. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18Seven Years with Tomas Hult as Director. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19Global Business Club of Mid-Michigan Attracts over 600 Attendees in 2006-2007 . . . . . . . . . . . . . . . . . 20Doctoral Student Mentorship Leads to Top Research Publications in International Business. . . . . . . . . . . 23MSU among Top Universities for Study Abroad Participation, International Student Enrollment . . . . . . . 242007 Grant Recipients. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 252007 Study Abroad Scholarship Recipients. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26IBC Staff. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27MSU-CIBER Advisory Board. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28Michigan State University International Business Center
Annual Report 2007:Fostering Global ConnectivityDirectors’ ColumnThrough the “Boldness by Design”initiative, Michigan State University, underthe leadership of President Lou Anna K .Simon and Provost Kim Wilcox, is workingto establish MSU as the global leader inour industry . MSU is advancing a strategiccommitment to become recognizedworldwide as the United States’ leadingland-grant research university for the 21stcentury by 2012 . For MSU’s InternationalBusiness Center, the key strategic imperativethat is a part of the university’s globalinitiative is “expanding international reachthrough academic, research and economicdevelopment initiatives and global, nationaland local strategic alliances .” At the sametime, IBC is also dedicated to MSU’s otherstrategic imperatives for maximum impact(i .e ., enhance the student experience;enrich community, economic, and familylife; increase research opportunities; andstrengthen stewardship) .Closely aligned with the university’sfive strategic imperatives, IBC and itsportfolio of projects represent the mostaggressive, far-reaching, and high-impactagenda that the center has ever proposedto undertake in its seventeen years ofexistence . Resourceful business schools suchas the Broad School, with its world-leadinginternational research faculty (ManagementInternational Review 2004) and influence inthe field of international business (Journalof International Business Studies 2005) canachieve significant accomplishments withinthe structure of the center’s programming .Such business school infrastructure coupledwith a truly global university makes us a veryeffective center .A number of important developmentshave taken place since our last annualreport . globalEDGE (http://globalEDGE .msu .edu/) went through a design overhauland has continued to rank as the world’s2leading online source for internationalbusiness information (based on rankings byYahoo! using the search term “internationalbusiness” as of December 31, 2007) . In May2007, we launched a brand new sectionon Industry Profiles which boasts “all-youneed-to-know” information on 20 economicsectors . We also continue to provide businessinformation on 199 countries, 31 categoriesof international global resources includingmore than 5,000 online resources, andnumerous other international topics tomaintain our world-leading position as “YourSource for Global Business Knowledge .”The diversity of audiences served by thecenter’s programming efforts is impressive .First, we have supported over 150international research projects this year, mostin an interdisciplinary and cross-disciplinaryeffort . Second, we worked with severalorganizations to start the India InformationTechnology Forum . The inaugural studentorganized event took place on March 16,2007, and planning for next year is in fullswing . Third, we were a key co-sponsor of theOctober 24, 2006, International Trade Forumtogether with, among others, the GreaterLansing United Nations Association . Fourth,we partnered with the Lansing RegionalChamber of Commerce to co-sponsor theInternational Business Forum held May 1,2007 . The center also co-sponsors a numberof conferences and workshops designed toassist faculty in building these synergies withthe Lansing Chamber and others .Since we became the new home of theAcademy of International Business (AIB)in January 2004, the membership hasincreased by about 800 people to a currentmembership of some 3,000 members in 75countries . The attendance at the AIB annualconference is also at an all-time high with thefour highest attendances since 2004 (2004in Stockholm with 811 attendees; 2005 inQuebec City with 869 people; 2006 in Beijingwith 1,055 people; and 2007 in Indianapoliswith 731 people) . We are thankful to all oursponsors for those events and look forwardto celebrating AIB’s 50th anniversary in Milanin June 2008 . We hope you can attend!Starting in 2007, IBC partnered with theLansing Regional Chamber of Commerceto co-sponsor the Chamber’s monthlyEconomic Club Luncheons . These luncheonsare becoming more “global” in scope, whichwill allow IBC to reach a broader audience inthe Greater Lansing Region . Speakers during2007 included Tim Daman, Vice President ofEconomic Development, Lansing RegionalChamber of Commerce; George Biltz, GlobalVice President of Purchasing, Dow ChemicalCorporation; Congressman Mike Rogers,8th District, Michigan; Bill Sepic, CEO &President, Lansing Regional Chamber ofCommerce; Carrie Hall, Communicationsand Public Affairs Advisor, United NationsGlobal Compact Office; and Tom Maguire,Director/International Trade Specialist, U .S .Commerce Department .We encourage you to visit our websiteto get to know the IBC team that makes itall happen (ciber .msu .edu/team) . We alsowelcome you to visit us on the web (ciber .msu .edu or globalEDGE .msu .edu) or at ouroffice at Michigan State University (7 EppleyCenter, East Lansing, Michigan) .Sincerely,Tomas Hult, DirectorIrem Kiyak, Associate DirectorSarah Singer, Assistant DirectorMichigan State University International Business Center
Annual Report 2007:Fostering Global ConnectivityIBC Founder S. Tamer Cavusgil Retires in 2008Professor S. Tamer Cavusgil is retiring fromMichigan State University at the end of thespring semester 2008. A native of Turkey,Cavusgil has MBA and Ph.D. degrees inbusiness from the University of WisconsinMadison. Previously, he held positions at theMiddle East Technical University in Turkey,University of Wisconsin-Whitewater, andBradley University. He joined MSU in 1987as Professor of Marketing and InternationalBusiness.Cavusgil founded the MSU InternationalBusiness Center in 1989. The center has sincegrown from its two-person operation backin the early days to more than 30 staff andstudent employees. In this process, Cavusgilhas been instrumental in securing more than 10 million in funding for the center andMSU’s international activities. But his mostlasting contribution may be the naming ofour world-leading globalEDGE knowledgeresource (globalEDGE.msu.edu). “I got it!”Cavusgil said in a meeting in the summerof 2000. “globalEDGE—global knowledgethat’s on the edge!” And so, the globalEDGEbrand was established, with the official launchof the website in May 2001. Maintained bya fabulous IBC team, globalEDGE now hasmillions of users and ranks as the top site inthe world in “international business” (Yahoo!,December 2007).At MSU, Cavusgil also served asExecutive Director of the Center forInternational Business Education andResearch (MSU-CIBER), a unit within theMSU International Business Center that isfunded by the U.S. Department of Education.He is the long-standing doctoral coordinatorof marketing and international business.Additionally, Cavusgil has consulted with theInternational Trade Center (UNCTAD/WTO),federal and state government agencies,multinational corporations, and chambersof commerce as well as taught at universitiesin more than a dozen nations. In 1994,he served as Senior Fulbright Scholar toAustralia and taught at Monash and otheruniversities. Overall, Cavusgil’s teaching,research, and administrative activities havefocused on international business andmarketing. His specific interests includethe internationalization of the firm, globalmarketing strategy, and emerging markets.Regarding research, Cavusgil hasauthored more than a dozen books and overone hundred refereed journal articles. Hiswork is among the most cited contributionsin international marketing (more than3,300 citations to date per Google Scholar,November 2007). For example, two ofhis articles—one in Journal of Marketingon global marketing strategy and one inEuropean Research on the internationalizationprocess of firms—are among the most citedMichigan State University International Business Centerworks in international business (with morethan 300 citations each). Cavusgil has hadreal impact on the academic profession ofinternational business.Cavusgil has also been editor of severalbooks and journals. For example, he is thefounding editor of the Journal of InternationalMarketing now published by the AmericanMarketing Association, and Advancesin International Marketing published byElsevier/JAI Press. He serves on the editorialreview boards of a dozen professionaljournals. His books include Doing Businessin the Emerging Markets (1992, Sage) andInternational Business (2008, Prentice-Hall).He is also the developer of several interactiveand Internet-aided decision support systemsfor international business including CORE—Company Readiness to Export.In 1998, Cavusgil was elected a Fellowof the Academy of International Business,a distinction earned by a select group ofintellectual leaders in international business.He also served a two-year term as VicePresident of the AIB and a two-year termon the Board of Directors of the AmericanMarketing Association. In 1995 he wasbestowed with Michigan State University’shighest recognition for contributions to theinternational mission—the Ralph H. SmucklerAward for Advancing International Studies atMSU—and in 2005 he received the 2005Richard L. Lewis Quality of Excellence forinternationalization efforts in the college.He was named “International TradeEducator of the Year” in 1996 by the NationalAssociation of Small Business InternationalTrade Educators (NASBITE). In February1997, MSU honored Cavusgil with the “MSUDistinguished Faculty” designation, thehighest award given to a faculty member atMSU. Since 1996, he has held The John W.Byington Endowed Chair in Global Marketingat MSU.
Annual Report 2007:Fostering Global ConnectivityComments from Robert Nasonregarding Tamer CavusgilProfessor Cavusgil started in Fall 1987 v Advising doctoral students:and for twenty years has surpassed Jain’sw Chaired 19 doctoral dissertations atMichigan State University has a prediction and our expectations. In ourMSU.long history as a leader in international February 1987 correspondence, Tamerw Served on 21 additional doctoraldevelopment work and scholarship. However, Cavusgil suggested that his contributionsdissertation committees.by the time I arrived as Chairperson of the could include the following areas, and hisDepartment of Marketing and Transportation actual results are listed:v Securing grants:in 1986, the College of Business was notw CIBER, 1990 to present, USDEinternationally focused. This seemed strange v Creation of distinctive educational and( 5.4 mil).given the history of MSU and the fact thatresearch programs:w Other grants, foundations, andbusiness was ever globalizing. Thus, myw Attracted other international scholarscorporations ( 4.6 mil).first goal was to attract a senior scholarto MSU.who could not only be a top researcher inw Created international specializationsv Broadening MSU’s national andmarketing, but be a lightning rod for ignitingat the undergraduate and MBAinternational reputation:the internationalization of our college focus.levels.w S. Tamer Cavusgil Best Paper AwardAfter an extensive search andw Fostered the largest Study Abroadestablished in 1999 by Journal ofconsultation with international scholarsprogram at MSU, which itself is aInternational Marketing.at other universities, Subhash Jain, a wellnational leader in study abroad.w Lifelong Research in Globalknown internationalist at the University ofMarketing awarded by the AMAConnecticut, recommended Professor Tamer v Collaboration that enhances faculty:Global SIG.Cavusgil as a person who could really makew Co-authored more than 30 articlesw Many other national awards and topa difference. Professor Jain noted that hiswith MSU faculty.honors at MSU.superior record at Bradley University and ourw Co-authored more than 60 articlesplatform could accelerate his impact bothwith MSU doctoral students.v Enhancing MSU’s impact on theinternally and externally.discipline:w More than 100 articles published inrefereed journals while at MSU.w More than 30 books authored oredited while at MSU.Professor Cavusgil has been a changeagent for transforming the Eli Broad Collegeof Business at Michigan State University into aleading international player among collegesof business world wide. Michigan State University International Business Center
Annual Report 2007:Michigan State University International Business CenterFostering Global Connectivity5
Annual Report 2007:Fostering Global Connectivity2008 Sample of ActivitiesFaculty Development- Shanghai, Hangzhou, Guangzhou, & Hong KongJanuary 1, 2008 — ChinaGlobal Business Club of MId-Michigan LuncheonFebruary 13, 2008 — East Lansing, MichiganLanguage and Culture for Int’l Business: A Workshop for ForeignLanguage Educators in Spanish, French, German & JapaneseFebruary 21, 2008 — Memphis, TennesseeLansing Regional Chamber Economic Club LuncheonFebruary 28, 2008 — East Lansing, MichiganGlobal Business Club of Mid-Michigan LuncheonMarch 26, 2008 — East Lansing, MichiganWorld Languages DayApril 12, 2008 — East Lansing, MichiganGlobal Business Club of Mid-Michigan LuncheonApril 23, 2008 — East Lansing, MichiganSymposium on Int’l Marketing & Innovation:An Invitation-Only EventMay 7, 2008 — East Lansing, Michigan2nd Annual FDIB-AFRICA ProgramMay 10, 2008 — Kenya & South AfricaAdvanced Int’l Business Institute for Community College FacultyJune 2, 2008 — East Lansing, MichiganFive FDIB-Globalization Seminars: Intro to Int’l Business, Int’l Finance,Global Supply Chain Management, Int’l Management, & Int’l MarketingJune 5, 2008 — Memphis, TennesseeCIMaR 2008 Annual ConferenceJune 18–21, 2008 — Rio de Janeiro, BrazilAcademy of Int’l Business (AIB) 2008 Annual ConferenceJune 30, 2008 — Milan, ItalyInt’l Conference on Information Systems (ICIS)December 14–17, 2008 — Paris, FranceConsortium for InternationalMarketing Research Michigan State University International Business Center
Annual Report 2007:Fostering Global Connectivity55 Faculty Benefit from the 7th Biennial IB InstituteIn May, MSU-CIBER hosted the 2007Biennial International Business Institute forCommunity College Faculty; this year’s eventwas the seventh sinc
International Business (2008, Prentice-Hall) . He is also the developer of several interactive and Internet-aided decision support systems for international business including CORE— Company Readiness to Export . In 1998, Cavusgil was elected a Fellow of the Academy of International Business, a distinction earned by a select group of
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CONTENTS Introduction to Business 3 International Business 3 Corporate Governance 3 Business Law 4 Business Research Methods 4 Business Ethics 5 Business Economics/Accounting 5 Business Communication 5 Business Statistics/Decision Sciences 6 Business and Management Information Systems 7 Entrepreneurship and Small Business Management 8 Project Management 8 Operations Management/Supply Chain .
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