Naresh Pandit is Professor of International Business in the Norwich Business School, UEA. His current research examines industrial clusters – thriving locations (such as Silicon Valley, the City of London and Salford’s Media City) where industry-specific businesses tend to settle, congregate, and feed off the collective success. He has been working on the development of a new financial services cluster in Norwich with a trade association (the Finance Industry Group) as well as a New Anglia manufacturing and engineering district in the East of England. In addition, Naresh researches corporate insolvency and turnaround companies.
He has examined the efficacy of the company voluntary liquidation arrangement and produced a recent paper on insolvency practices in Spain. He has directed executive courses for Barclays Bank, Barclays Solutions, Kingfisher and KPMG and worked as a consultant for Asda/Wal-Mart, Cambridge Econometrics, the Government of the Republic of Trinidad and Tobago, Hewitt Associates, PricewaterhouseCoopers and the World Bank.
Areas of Expertise (5)
Appointed Academic Expert on a City of London Corporation commissioned research project
2016 Project led by Ernst & Young on the Value of the City of London to EU Corporations.
Nominated: UEASU 2016 Transforming Teaching Awards
2016 Most Inspiring Teaching category.
Norwich Business School MBA Teaching Award: Winner
Manchester Business School, University of Manchester: Ph.D. 1995
University of Manchester Institute of Science and Technology: M.Sc., Business Economics 1987
University of Manchester: B.A., Economics 1986
MNE liability of foreignness versus local firm-specific advantages: The case of the Chinese management software industryInternational Business Review
2020 The theory of the multinational enterprise (MNE) suggests that the subsidiaries of MNEs possess firm-specific advantages (FSAs) that can overcome their liability of foreignness (LOF). It also suggests that subsidiaries can gradually decrease their LOF over time as they learn more about the host country environment and develop better connections to local business networks.
SME insolvency, bankruptcy, and survival: an examination of retrenchment strategiesSmall Business Economics
2020 A key assertion in the turnaround literature is that when survival is threatened, it is necessary to undertake asset and cost retrenchment strategies that stabilise the performance decline and provide a base for survival and recovery. Correcting for methodological weaknesses in the literature, this study of Spanish SMEs finds that retrenchment of inventory and employees is associated with liquidation.
The routledge companion to the geography of international businessRoutledge
2018 The fields of Economic Geography and International Business share an interest in the same phenomena, whilst each provides both a differing perspective and different research methods in attempting to understand those phenomena. The Routledge Companion to the Geography of International Business explores the nature and scope of inter-disciplinary work between Economic Geography and International Business in explaining the central issues in the international economy.
Economies and diseconomies of clustersUnfolding Cluster Evolution
2017 Geographical clusters are agglomerations of industry that have been variously referred to as ‘industrial districts’(Pyke et al., 1990),‘new industrial spaces’(Scott, 1988),‘milieus’(Camagni, 1991) and ‘nodes’(Amin and Thrift, 1992). The study of clusters is not new, dating back at least to the work of Marshall (1890). The recent revival of interest in the phenomenon has three important sources.
Price impact of block trades: the curious case of downstairs trading in the EU emissions futures marketThe European Journal of Finance
2016 Using high-frequency data from the European Climate Exchange (ECX), we examine the determinants of price impact of €21 billion worth of block trades during 2008–2011 in the European carbon market. We find that wider bid-ask spreads and volatility are characterised by a smaller price impact.