Unveiling de-globalization and its management strategies: A case study of the German automotive industry
通过德国汽车行业案例，研究去全球化的驱动因素及跨国公司的管理策略，发现去全球化反而带来国际化机遇，并建议将现象重新定义为再全球化。
This case study elucidates the understanding of so far conceptual knowledge on de-globalization and examines how multinational enterprises' management addresses this phenomenon. By taking a particular industry and geographic perspective, the case study unveils the respective underlying de-globalization drivers and the management strategies adopted by the German automotive industry . Within this industry, the primary de-globalization driver is predominantly shaped by a geopolitical force unfolding its negative effects, especially due to the global automotive value chain's opaqueness and fragility. De-globalization pressures are navigated through a de-risking approach that strategically balances diversification to enhance flexibility, while encapsulating independent regional ecosystems. In contrast to prevailing expectations, the de-globalization phenomenon, characterized as an inverse form of globalization, does not inherently lead to multinational firms' de-internationalization; rather, it surprisingly presents opportunities for heightened firm internationalization . This renders the terminology of de-globalization currently applied in the literature inherently ambiguous and inconclusive. Consequently, beyond the drivers and management strategies of de-globalization, this study refines terminological clarity, elucidating the puzzling disparity between the prevailing de-globalization narrative and absence of multinational enterprises' discernible de-internationalization responses, proposing that the phenomenon is better labeled as re-globalization.