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Response strategies of local firms to import competition in emerging markets

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  • Elango, B.
  • Pattnaik, Chinmay

Abstract

Using a sample of 3808 firms from 1996 to 2007, the impact of three strategic options that can be implemented by local Asian (i.e., Indian) firms facing increased import competition in their domestic market is analyzed. On average, firms with greater investments in intangible resources and tighter product focus do better, while firms with greater international sales perform poorly compared to their peers. However, in industries characterized by high import competition, firms with international operations and product focus tend to have higher performance, while firms with intangible resources perform poorly.

Suggested Citation

  • Elango, B. & Pattnaik, Chinmay, 2013. "Response strategies of local firms to import competition in emerging markets," Journal of Business Research, Elsevier, vol. 66(12), pages 2460-2465.
    • Handle: RePEc:eee:jbrese:v:66:y:2013:i:12:p:2460-2465
    DOI: 10.1016/j.jbusres.2013.05.035
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