Spillan's paper chosen best in category at regional business conference

March 29, 2005

"Foreign Direct Investment and Globalization In Brazil," a paper authored by John E. "Jack" Spillan, assistant professor of business at Penn State DuBois, was chosen as the best paper presented in its category at a recent meeting of the Midwest Business Administration Association (MBAA) in Chicago.

Spillan, who is the program leader for the four-year business program at DuBois, presented the paper at the conference and also assisted in the presentation and discussion of several other papers at the three-day meeting. Spillan said active participation in conferences like the one sponsored by MBAA help keep him current in his expertise.
"Research is of great value to me not only because it is required but because it is fun and it keeps me current in my discipline," Spillan said. "Developing a strong, well-developed paper is a lot of work, but it becomes very rewarding when one can share the ideas with colleagues and scholars at conferences. Doing research forces the scholar to grow and achieve the best.

"I try to make it fun by studying phenomena that have interest to me and are in many ways practical. I also try to focus my research that will develop ideas that have application to the business world. Hence, I make a contribution to my discipline and also to the advancement of tools for business managers to use in their daily work."

Spillan, who holds a doctorate of philosophy in economics and management from the College of Business, Warsaw School of Economics in Warsaw, Poland, also volunteers a portion of his time as a member of the board of directors of the Great DuBois Regional Chamber of Business and Industry and is an active member of the Rotary Club of DuBois.

He said the paper he presented in Chicago was reviewed by two impartial reviewers and the program chair of the International Business Track. They determined that it was the best paper for that track.

"Inward Foreign Direct Investment (FDI) has many beneficial affects on the development of the host country's economy. The topic of globalization or FDI has and continues to gain significant attention," explained Spillan. "FDI has proved to be good for economic health of developing nations regardless of policy, regime and industry or time period investigated. Over time, FDI has made a major contribution to productivity and output. It has elevated incomes and increased the living standards of the respective countries."

Spillan said that his analysis suggests that immobile assets, including traditional location-bound natural resources as well as subnational economic clusters, have become very important determinants of location choice.

"Foreign investors are confronted with a set of complex decisions when choosing a location such as Brazil," said Spillan. "The aim of this paper was to advance understanding of the importance of FDI and the location criteria used by foreign investors in selection of location."

Spillan's presentation traced the chronology of FDI and the location factors that have motivated investors to seek as their choice for long-term capital investment. It proved to be of great interest to other researchers in international business who were attending the MBAA event. The DuBois faculty member says a better understanding of FDI could help developing countries do a better job of attracting foreign investments.

The recent sessions in Chicago were attended by nearly 900 participants, representing approximately 40 states and a number of foreign countries. Participants came from a variety of institutions, large and small, public and private, to attend the three-day conference.

Spillan has had several articles published in major academic Journals over the last year. He has written on crisis management scenarios in the lodging industry and on foreign direct investment initiatives in Guatemala; on buyer lifestyle dimensions, market segmentation and ethonocentrism in Guatemala; and on the effect of market orientation on business performance in small-sized, service retailers and in nonprofit service providers. He also has penned a chapter for a new book on successful strategies for corporate investment in emerging Latin American markets.

Spillan brings 10 years of teaching experience to Penn State DuBois. He has taught at Siena College in Loudonville, N.Y.; New School University, Malta, N.Y., campus; State University of New York, Empire State College in Saratoga Springs N.Y.; and the Hudson Valley Community College in Troy, N.Y.

From 1991 through 1997 he was the director of both the bachelor's and master's degree programs in human resources management at the Robert J. Milano Graduate School of Management and Urban Policy at the New School University, Malta, N.Y., campus. He has been teaching business and researching business and international business topics at Penn State DuBois for the last five and one-half years.

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Last Updated March 19, 2009