TY - JOUR AB - Crosscurrents between globalization and localization have created two world industry segments, an open highly competitive global industry, and a closed highly localized industry. Searching for competitive advantage in this new market environment, global manufacturers are becoming more like local service providers by executing a dual strategy: a global cost leadership strategy and a local product differentiation strategy. To achieve global cost leadership, manufacturers cooperate with their competitors to reach economies of scale and reduce costs. To achieve local product differentiation, manufacturers compete with their global partners by cooperating with local service providers to differentiate their offerings. This trend is analyzed to suggest two interdependent mechanisms for building successful bundling strategies. The competitiveness of a bundle that brings together global products and local services depends upon the degree of bundle localization. Sustainable bundling strategies should be treated as bundles of international business relationships. VL - 16 IS - 5 SN - 0955-534X DO - 10.1108/09555340410556602 UR - https://doi.org/10.1108/09555340410556602 AU - Mourdoukoutas Pavlos AU - Mourdoukoutas Panos PY - 2004 Y1 - 2004/01/01 TI - Bundling in a semiā€global economy T2 - European Business Review PB - Emerald Group Publishing Limited SP - 522 EP - 530 Y2 - 2024/04/26 ER -