We review the literature analyzing the impact of pro-market institutions on firms' global strategy. We propose that the ideological tension between whether the government or the market should drive economic development results in a pendulum of pro-market reforms and reversals that drive changes...

While cross-border innovation research has made significant advancement in globalizing its reach, analyses on emerging market multinational enterprises (EMNEs) are still at a nascent stage. This chapter attempts to capture the dynamics of cross-border innovation by EMNEs. The authors’...