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...