Emerging Giants: Building World-Class Companies in Developing Countries

Tarun Khanna · Krishna G. Palepu

427 citations0/0 files storedHarvard business review

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International Business and FDI Globalization, Economics, and Policies Innovation and Socioeconomic Development

Abstract

Western, Japanese, and South Korean companies appear to hold near-insurmountable advantages over businesses in newly industrializing countries-primarily because of their access to vast reservoirs of finance and talent. But some emerging-market companies are turning perceived disadvantages into business opportunities and competing successfully at home and abroad. Here's how.

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