This study seeks to examine the locational determinants of Outward Foreign Direct Investment (OFDI) of Indian pharmaceutical companies (IPCs); best known for their technological leapfrogging and widely acclaimed as one of the most successful representations of emerging market multinationals....

The rising prominence of emerging market multinationals has become a salient aspect of the global economy. Among these new emerging multinationals, the Indian Pharmaceutical Companies (IPCs) have drawn the attention of the academia for their catch-up internationalization strategies and rapid...