Over the past two decades, there has been a substantial shift in the global innovation landscape. Multinationals from developed economies are increasingly globalizing their R & D activities and are developing an “open innovation” model to source innovations from outside the firm, including...

Traditionally, technology intensive industries such as electronics, information technology and pharmaceuticals have been dominated by firms from the U.S., Europe and Japan. Of late, there has been a shift in this triad dominance — firms from emerging economies, such as TATA of India, BYD of...

The success of latecomer firms from the emerging economies challenges the conventional wisdom on entry timing and resource-based competence. Building on research on institutions in emerging economies and the resource-based perspective in strategic management, we propose a model to explain how...

Data on the expansion of 94 commercial banks in India from 1948 to 2003 were analyzed to test the proposition that political pluralism – wherein competing parties control the state and national governments of a nation – can promote business expansion. The results confirm that such political...

Foreign direct investment (FDI) in services has been growing rapidly in the developing countries of the Asia-Pacific region. In this study we explore the level and distribution of service FDI in the Asia-Pacific region by examining both country-level aggregate data and firm-level data. Using...

Patterns of corporate governance and control differ significantly across countries because of national differences in structures of ownership and composition of boards of directors. Based on agency theory, we examine the relationship between ownership structure and the composition of the board...