The Impact Of Terrorism On International Business

Our paper explores the interesting phenomena of terrorism on international business. Grounded in the grave reality of terrorism and the international business literature, our research conceptualizes this compelling topic into a practical model worthy of future research. Unfortunately, the current data does not provide statistical evidence to support the unique firm level predictions from the conceptual model. However, our exploratory research leads us to believe that the lack of sensitivity in our measurement of the dependent variable is the issue and not the conceptual model. Recommendations for practice and theory identified in our research are the firm learning or habituation that may occur between the interaction of organizational†¦show more content†¦3421). A theory of organizational resilience will provide enhanced understanding into how resilient organizations rebound from disruptions, such as terrorism, and outperform less pliable organizations (Vogus Sutcliffe, 2007; Jain Grosse, 2009). In summary, this research paper stimulates scholarly research into the potential for organizational preparedness solutions to improve performance resilience results for international businesses struggling to cope with the worldwide crisis of terrorism. It also seeks to test and recommend specific practices that will help firms recover more quickly from – and so be less constrained by – possible terrorist attacks. This unique exploratory firm-level study into the tragic phenomena of terrorism within the international business community provides a meaningful step forward in both theory and practice in an under-developed research area worthy of additional study with intensifying business and academic implications. Plan for Future Research Introduction - Our exploratory research accentuates the heightening safety, economic and psychological implications of the growing threat of terrorism to international business. Increasingly, international businesses organizationally prepare to cope with the escalating risk of discontinuities, unplanned events, and crises in a dangerous world. Our second study extends andShow MoreRelatedTerrorism And International Business Research1130 Words   |  5 PagesSadly, terrorism permeates everyday society, and the intensifying impact of terrorism on international business is a global phenomenon with heightening implications for both theory and practice. This research paper is a novel exploratory study of how international businesses apply past terrorism exposure and experience from operating in risky locations to create organizational preparedness and performance resilience to endure future terrorist attacks. 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