Market Expansion (market + expansion)

Distribution by Scientific Domains


Selected Abstracts


Product Development and Market Expansion: A Real Options Model

FINANCIAL MANAGEMENT, Issue 1 2007
Andrea Gamba
We create a model that values complementary and substitute products with potentially correlated revenues, which must be developed sequentially. The model also incorporates the effects of changing market conditions. We find that the value of a combined project increases in correlation, but the probability of investing in the initial product is a decreasing function of correlation. These results are reversed if the products are substitutes. Regardless of the correlation level, higher levels of substitutability reduce the value of the combined projects and increase the probability of investing. Despite greater uncertainty during the phase of limited competition, the firm is more likely to invest early than to postpone investment. [source]


Understanding pressures on fishery resources through trade statistics: a pilot study of four products in the Chinese dried seafood market

FISH AND FISHERIES, Issue 1 2004
Shelley Clarke
Abstract This study investigates the dried seafood trade, centred in Chinese markets, in order to better understand the pressures its demand exerts on global marine resource stocks. Using Hong Kong, the region's largest entrepôt, as a focal point, the trade in shark fins, abalone, bêche-de-mer and dried fish is characterized in terms of product history, volume, source fisheries and species composition. Trends identified in the Hong Kong market are interpreted in the context of the larger Chinese market. Shark fin imports grew 6% per year between 1991 and 2000, most likely because of market expansion in Mainland China, posing increasingly greater pressures on global shark resources. In contrast, the quantities of dried abalone traded through Hong Kong remained steady, but inferences based on this trend are discouraged by suggestions of increasing preferences for fresh product forms and growing domestic production in Mainland China. Hong Kong's imports of dried bêche-de-mer (sea cucumber) have decreased, while the percentage of imports re-exported has remained steady, suggesting that Hong Kong continues as an entrepôt for Mainland China despite declining domestic consumption. Few conclusions can be drawn regarding dried fish products, including whole fish and fish maws, because of a lack of product differentiation in customs data, but a market survey was conducted to provide information on species composition. Comparison of Hong Kong dried seafood trade statistics to those of other key trading partners indicates that, in general, Hong Kong's duty-free status appears to encourage more accurate reporting of traded quantities. Under-reporting biases ranged from 24 to 49% for shark fin and bêche-de-mer, respectively. Comparison to United Nations (UN) Food and Agriculture Organization (FAO) databases indicates additional under-reporting for shark fin such that an alternative minimum estimate of world trade is at least twice the FAO estimates in 1998,2000. The results of a survey of Hong Kong traders provide insight into their attitudes toward harvest, economic and regulatory factors, and suggest that conservation efforts are unlikely to emerge from, or be actively supported by, dried seafood trade organizations. The market's apparent sensitivity to economic sentiment, however, reveals an opportunity for consumer education to play a role in shaping future market growth and resource conservation. Recommendations are provided for improving trade statistics and for developing better analytical techniques to complement traditional methods for monitoring the exploitation and management of fisheries resources. [source]


Price and Variety in the Spokes Model,

THE ECONOMIC JOURNAL, Issue 522 2007
Yongmin Chen
The spokes model of nonlocalised spatial competition provides a new analytical tool for differentiated oligopoly and a representation of spatial monopolistic competition. An increase in the number of firms leads to lower equilibrium prices when consumers have relatively high product valuations, but, surprisingly, to higher equilibrium prices for intermediate consumer valuations. New entry alters consumer and social welfare through price, market expansion, and matching effects. With free entry, the market may provide too many or too few varieties from a social welfare perspective, and the equilibrium price remains above marginal cost even when the number of firms is arbitrarily large. [source]


Anthropology at the bottom of the pyramid

ANTHROPOLOGY TODAY, Issue 4 2009
Jamie Cross
This article explores what anthropology has to say about contemporary business strategies for market expansion among poor consumers in Africa and Asia. Focusing on the activities of global consumer goods company Unilever in India, we show how anthropology can provide valuable insights into the hidden work and power relations involved in transforming an everyday commodity like soap into a composite object, what we call a ,social good', that is capable of simultaneously combating disease, tackling poverty and realizing value for shareholders. [source]


A Spectacular Eco-Tour around the Historic Bloc: Theorising the Convergence of Biodiversity Conservation and Capitalist Expansion

ANTIPODE, Issue 3 2010
Jim Igoe
Abstract:, The simultaneous proliferation of protected areas for biodiversity conservation and neoliberal market expansion has sparked a growing body of work, which suggests that these are mutually reinforcing processes that reflect alliances between conservationist and capitalist agendas. Because this alliance is so counter intuitive to the ways in which biodiversity conservation is popularly understood, theoretical perspectives concerning these relationships have been slow in emerging. Drawing from Gramsci's ideas of hegemony and historic bloc, we propose a theoretical framework systematically to inform understandings and investigations of these transformations. We suggest that they are driven by the convergence of networks of interests, which work to resolve the apparent contradictions between demands for continued economic growth and growing concerns about what it portends for the future of our planet. These in turn rely on spectacular presentations of conservation interventions, conservation success stories, and their putative linkages to ecosystems and the global economy. [source]