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In the mid 1990s India's Tata Motors Ltd. entered the passenger car business after having prospered for more than 40 … capability building and deliberate learning and upgrading processes. As Tata Motors is an affiliate of India's largest private …
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Business groups, which are ubiquitous in emerging market economies, balance the advantages of characteristics such as internal capital markets with the disadvantages such as inefficient internal distribution of resources and suppression of technological and other forms of innovativeness. In this...
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