Catch-Up Strategies of Emerging Market Firms: Lessons Learned from India and China
Catch-Up Strategies of Emerging Market Firms: Lessons Learned from India and China
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DOI：
10.1007/978-3-319-25351-0_4
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发表时间：
2017
期刊：
影响因子：
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通讯作者：
W. Kittilaksanawong
中科院分区：
文献类型：
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作者：
W. Kittilaksanawong
新兴经济体的市场自由化吸引了大量拥有先进技术和管理能力的跨国企业进入市场。由于这些市场上的国内公司大多在技术和管理上落后，它们被迫通过获得战略资源和能力来迎头赶上，以便在国内外市场上与这些跨国公司竞争。本研究探讨了它们的追赶战略，即通过内向国际化、组合提供、集聚和研发国际化建立战略联系。然后，通过选定的印度和中国公司的案例来说明这种讨论。研究结论对发达经济体企业以及新兴经济体企业和政府具有重要意义。
Market liberalization in emerging economies has attracted a large number of multinational enterprises that possess advanced technological and managerial capabilities to enter the market. As domestic firms in these markets are mostly technologically and managerially backward, they are pressured to catch up by acquiring strategic resources and capabilities to compete with these multinationals in the home and overseas markets. This study discusses their catch-up strategies in the form of strategic linkages building through inward internationalization, compositional offering, agglomeration, and internationalization of research and development. Such discussion is then illustrated by the selected cases of Indian and Chinese firms. The study concludes with key implications for advanced economy firms as well as emerging economy firms and governments.