In today’s interconnected world, the role of multinational companies (MNCs) is more vital than ever. These giants of industry operate across borders, shaping the global economy and influencing countless lives. But with this influence comes responsibility – responsibility to adapt, to innovate, and to ensure sustainability in their operations.
My research delves into the fascinating intersection of multinational companies, artificial intelligence (AI), resilience in global value chains, sustainability, and international entrepreneurship. It explores how MNCs are harnessing the power of AI to not only weather the storms of global disruptions but also to thrive and contribute positively to the world.
In the face of unprecedented challenges like the COVID-19 pandemic, geopolitical tensions, and climate change, MNCs are turning to AI as a strategic tool. By leveraging AI technologies such as predictive analytics, machine learning, and automation, these companies are enhancing the resilience of their global value chains. They are streamlining processes, optimizing logistics, and identifying risks proactively, ensuring smoother operations even in turbulent times.
Moreover, AI is not just a tool for efficiency – it’s also a catalyst for sustainability. MNCs are employing AI-driven solutions to minimize environmental impacts, reduce waste, and promote responsible consumption and production practices. From optimizing energy usage to developing eco-friendly products, AI is revolutionizing the way businesses approach sustainability.
At the heart of this research lies the concept of international entrepreneurship – the ability of MNCs to innovate and adapt across diverse cultural and regulatory landscapes. Through case studies and empirical analysis, my research uncovers the strategies and best practices adopted by MNCs in leveraging AI for resilience and sustainability while navigating the complexities of international markets.
But this is not just an academic pursuit – it’s a call to action. As stakeholders in the global community, we all have a role to play in shaping the future of multinational business. By understanding the transformative potential of AI and championing responsible practices, we can pave the way for a more resilient, sustainable, and inclusive global economy.
As we embark on this journey, let us harness the power of AI not just to enhance profitability, but to build a better world for generations to come.
Yanwen Li
Doctoral Researcher
International Business
University of Vaasa
I find your research very meaningful because it combines current hot topics like COVID-19 and AI within a new business context. This approach can greatly improve the current state of multinational companies. I’m eager to see the sparks that emerge from this blend of elements.
In your blog post, you refer to how multinational companies have harnessed AI as a tool for adapting to market disruptions and rapid recovery caused by changes in their operating environment. This is an interesting and timely topic to explore due to the significant global impact of AI on the stakeholders of multinational companies, climate change and sustainable development on the planet.
As mentioned, companies have gradually begun to use artificial intelligence as a so-called strategic tool for predicting various global pandemics and crises and for predicting the course of climate change. It will be interesting to see how quickly AI can be utilized effectively in the way mentioned above in the future. It would be interesting to know how far along the development already is regarding these issues you mentioned.
You also highlighted key AI technologies, such as predictive analytics, machine learning and automation, which you believe can affect the ability of entire value chains to recover quickly from crises in the operating environment. This is certainly needed in multinational companies, as they operate in complex international environments.
As you mention, the impact of AI on sustainable development is revolutionary due to, among other things, its potential to reduce waste generation and to promote environmentally friendly consumption and production methods. Indeed, large multinational companies should adopt artificial intelligence as part of their business strategy as they enter international markets. Your research theme emphasizes the importance of utilizing artificial intelligence for multinational companies in their quest for success in international markets in environmentally friendly ways.
You are also right that it should also be possible to engage large multinational companies and their stakeholders in these global efforts. Otherwise, there is a risk that the issue will only be discussed in meetings as a buzzword that has little practical effect on our lives. Commitment to the SDGs is important for immediate action.
I am always very interested in reading about technology, more specifically AI and I found this blog post a very interesting read. It’s crucial to note how AI-driven solutions are not only optimizing operations but also promoting responsible environmental practices, showcasing a holistic approach to global business challenges.
It was an incredibly insightful blog showcasing how AI is impacting Multi National Companies (MNCs). The ways in which AI supports MNC appear to be interesting, especially when there are things like COVID-19 and climate change. This is a critically important focus on international entrepreneurship. Now, how can AI be used by all other stakeholders in developing countries to achieve similar gains in sustainability and resilience? Awesome topic!
There are many ways how to utilize AI and you had very interesting ideas on your blog. AI can be used in many ways but it’s also very important to address possible ethical problems using AI. You have a very current research topic, combining AI, sustainability and resilience.