This study develops and tests a framework about the resource- and context-specificity of prior experience in acquisitions. Although extant research has explained why multinational companies from emerging countries (EMNCs) acquire companies in developed countries, we have an incomplete and...

We examine how emerging country business groups overcome various technological constraints and succeed in enhancing their performance. Our theoretical contribution lies in showing how the ability of a business unit to benefit from intra-group technology transfer depends on the idiosyncratic...

We examine how political instability (PI) affects firms’ product innovation and the strategies that firms can employ in response to PI. We argue that while higher levels of PI influence firms’ innovation negatively, greater international exposure (through foreign ownership and exporting) can...