Institutional theory explains how interactions between organizations and institutions shape economic activity and consequently managerial performance and strategies. The institutional setting of most emerging countries is in transition, whereby a relationship-based transaction mode is gradually...

Interorganizational relationships (IOR) arise under many different structures and can take the form of alliances, networks, partnerships and joint ventures, amongst others. This study looks at such relationships using a static approach that reverts to the starting point of interorganizational...

This article looks at the reasons for the rapid rise of emerging country multinationals (EMNCs) in the global competitive landscape, despite their ‘late mover' status. We identify two predominant factors in the rise of these companies: the influence of the institutional environment on the...

In light of the recent interest in the internationalization of multinationals from emerging countries (EMNCs), we propose an analytical framework that challenges the somewhat condescending way in which these global players have been portrayed. Case studies of Latin American multinationals...

Today, ‘innovation' is a priority all over the world, particularly in emerging markets. The President of India declared this decade the ‘Innovation Decade'. In emerging markets the word means much more than catching up by imitating innovative policies and firms from more developed economies....

This is one of three working papers (with Casanova, Kassum 2013a, and Casanova, Kassum 2013b) to examine the role of Brazil as an emerging global power. Is Brazil's rise on the global stage barely beginning, or has it already hit a plateau, held back by domestic challenges and the external...

While the West is struggling to find a way out of recession, emerging markets present myriad opportunities for growth. This paper offers a new perspective on how global economic triangulation facilitates trade between regions. Triangulation occurs where barriers exist to trade and investment...

This paper is the second of three working papers looking at the role and projection of Brazil as an emerging global power. Is Brazil's rise on the global stage barely beginning, or has it already hit a plateau, held back by numerous domestic challenges and the external constraints of the global...

This paper is the first of three working papers looking at the role and projection of Brazil as an emerging global power. Is Brazil’s rise on the global stage barely beginning, or has it already hit a plateau, held back by its numerous domestic challenges and the external constraints of the...

Over the last three decades there has been a spectacular acceleration in the globalization of the economy. With domestic markets facing stagnation and/or saturation, internationalization is essential for firms in advanced countries to preserve and enhance their competitiveness. Since firms...