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...