Prelims

Huub Ruël (Hotelschool, The Hague and University of Twente, The Netherlands)

Making Trade Missions Work: A Best Practice Guide to International Business and Commercial Diplomacy

ISBN: 978-1-78635-472-3, eISBN: 978-1-78635-471-6

Publication date: 10 December 2018

Citation

Ruël, H. (2018), "Prelims", Making Trade Missions Work: A Best Practice Guide to International Business and Commercial Diplomacy, Emerald Publishing Limited, Leeds, pp. i-xii. https://doi.org/10.1108/978-1-78635-471-620181008

Publisher

:

Emerald Publishing Limited

Copyright © 2019 Emerald Publishing Limited


Half Title Page

Making Trade Missions Work

Title Page

Making Trade Missions Work: A Best Practice Guide to International Business and Commercial Diplomacy

Huub Ruël

Hotelschool, The Hague and University of Twente, The Netherlands

United Kingdom – North America – Japan India – Malaysia – China

Copyright Page

Emerald Publishing Limited

Howard House, Wagon Lane, Bingley BD16 1WA, UK

First edition 2019

Copyright © 2019 Emerald Publishing Limited

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British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

ISBN: 978-1-78635-472-3 (Print)

ISBN: 978-1-78635-471-6 (Online)

ISBN: 978-1-78714-899-4 (Epub)

Contents

List of Figures vii
List of Tables ix
Acknowledgments xi
Chapter 1 Trade Missions in Today’s Global Economy: International Business Meets International Relations 1
Chapter 2 Trade Missions at the Heart of Commercial Diplomacy 9
Chapter 3 Trade Missions: Definitions and Objectives 13
Chapter 4 Organizing a Research-informed Trade Mission 27
Chapter 5 A Three-staged Trade Mission: A Real-life Example 41
Chapter 6 Conclusion: The Future of Trade Missions 71
References 75
Index 79

List of Figures

Fig. 2.1 An Overview of All Kinds of Possible Commercial Diplomacy Activities. 11
Fig. 3.1 Firm Internationalization via Critical Incidents. 21
Fig. 3.2 Trade Mission Model. 24
Fig. 4.1 Internationalization Process Model. 31
Fig. 4.2 IBC and Its Four Dimensions. 34
Fig. 4.3 The Three-staged Trade Mission Model. 38
Fig. 5.1 International Business Readiness of the Participating Companies. 49
Fig. 5.2 Intercultural Readiness of the Participating Companies. 66
Fig. 6.1 The Three-staged Trade Mission Model. 72

List of Tables

Table 3.1 Overview of Trade Mission Definitions. 15
Table 3.2 Trade Mission Definitions that Stress Learning Versus Export Development. 16
Table 5.1 Participating Companies and Their International Business Readiness (Results of the Online Measurement Tool). 49
Table 5.2 Participants and Their Intercultural Readiness. 50
Table 5.3 Overview of the Four Themes and Their Dimensions. 67

Acknowledgments

This book would not have seen the light of day without the help and support of many others. It is also the outcome of a process that I would call an example for how knowledge and insights can be the result of a gradual but steady and focused approach of students and faculty involvement. It all started in 2011 when I had done quite some work on the cross-over between commercial diplomacy and international business. I observed that one particular commercial diplomacy instrument seemed to have a prominent place as part of the entire set of instruments used by governments, namely trade missions. However, I lacked clear and in-depth knowledge and insights on how trade missions work, whether they are useful and how they are considered to be useful for commercial diplomacy purposes. This notion triggered me to initiate research projects into exactly these questions. I invited two of my graduate students of the International Management program that I was coordinating and content wise responsible for to join this initiative. And as I now can say, the rest is history. Altogether about 15 graduate and undergraduate students, three faculty lecturers, who wanted to get more research experience, and several industry partners joined the trade mission research program, which it turned out to have become. The program started off with basic exploratory questions and moved on to more explanatory questions, such as to what extent do characteristics of participating entrepreneurs have an influence of trade mission outcomes? All the pieces of knowledge and insights resulted in the development of a three-stage models and a perspective that considers trade missions as pre-dominantly a learning experience rather than the “traditional” view of a business deal closing event. The model was then field tested in an action research-based project with real-life companies joining in. Therefore, I am really proud of the entire research journey and its result: a very thorough, underpinned, and in-depth understanding of the phenomenon of trade mission. I even dare to state that the trade mission research program turned my research group at Windesheim University of Applied Sciences into a national and international thought leader on commercial diplomacy and on trade missions in particular. Please note: every year altogether thousands of trade missions are organized by national, regional and local governments, and commercial parties around the world. Millions of tax payers’ money is invested by governments, and millions are paid by companies to commercial parties to join in a trade mission.

I am indebted to all those who participated in this research journey – without them this book would not have existed: Thank you Daniel Wild, Nicolai Oudalov, Rene De Lange, Emilia van Kuijeren, Krista Rostas, Haktan Polatan, Marije Te Velde, Ralph Kuyer, Tobias Smit, Stefanie Broek, Rob Erven, Jolanda Knobel, Alexander Steverink, Tim Wolters, Sjoerd Kwakkel, Freek Kouwe, Martin Kosters, and Kemal Aktepe. All of you have your share in this achievement!

Thank you University of Twente, Faculty of Behavioral and Management Sciences and Windesheim University of Applied Sciences and Hotelschool, The Hague/Hospitality Business School, The Hague.Finally, last but not least, thank you Tanya, Yulia, and Elena for your support and love. Never lose sight of the basis.

Huub Ruël