Emerging Giants: Going Global-How Emerging Market-Based Companies Can Overcome Barriers to Competing Abroad
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- Synopsis
- Domestic companies in emerging markets are giving multinationals competing in the same markets a run for their money. "Emerging giants" like Tata Motors in India and Haier in China aspire to be world-class competitors, but their home country origins present unique obstacles. It is difficult for them to compete with world-leading players, particularly in developed markets, in part because of institutional voids at home that limit their access to crucial resources like expansion capital, sophisticated R&D, and top-quality talent. How can they develop world-class capabilities and become multinational themselves? In this chapter, two leading experts in emerging market strategy focus on how successful emerging giants-including Tata, Haier, Zain, and Teva Pharmaceutical-manage the challenges of institutional voids as they move to globalize their businesses. This chapter was originally published as Chapter 6 of "Winning in Emerging Markets: A Road Map for Strategy and Execution."
- Copyright:
- 2010
Book Details
- Book Quality:
- Publisher Quality
- Publisher:
- Harvard Business Publishing
- Date of Addition:
- 08/02/16
- Copyrighted By:
- HBS Press
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.