The Role of Networks in the Accelerated Internationalization of Indian Firms
This study focuses on the role of networks in the accelerated internationalisation of firms from the Indian IT industry. The emergence of MNEs from the emerging markets which are characterised by low resource munificence and continuous economic liberalisation, as important players in the global economy has been a distinctive development of this century. In the Indian context there has been a surge in outward FDI since 2000, spearheaded by M&A activity from the IT and pharmaceutical sector, motivated by the search for markets, products and strategic assets. Using the case study approach this paper examines the role of business and institutional networks as well as the entrepreneurial characteristics of the top management in the emergence of born global acquirers from the IT sector.
Volume (Year): 3 (2011)
Issue (Month): 2 (June)
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