Edited by Franco Malerba, Professor of Applied Economics, Department of Management and Technology and President of ICRIOS, Bocconi University, Milan, Italy, Sunil Mani, Director and Professor, Centre for Development Studies, Trivandrum, Kerala, India and Pamela Adams, Associate Professor of Management, The Stillman School of Business, Seton Hall University, South Orange, NJ, US
In recent years many new international market leaders from the BRICS countries have emerged in several manufacturing and service industries. This important study answers a number of crucial questions including, how did these companies rise up to become important players in their respective industries? What is the contribution of systemic and country specific factors? What is the role of internal firm factors in enabling these companies to become market leaders? The book presents evidence from companies in the automotive, pharmaceutical and ICT industries of China, India and Brazil.
In recent years many new international market leaders from the BRICS countries have emerged in diverse manufacturing and service industries. How did these new leaders emerge and become key players in their respective industries? What factors contributed to their success and enabled them to become market leaders? This new study answers these important questions with evidence presented from case studies in the automotive, pharmaceutical and ICT industries of China, India and Brazil.
A common framework of analysis is followed throughout the volume allowing readers to compare and contrast the cases examined. This framework brings together factors at the firm, country and sectoral levels to explain the rise to leadership of these firms. The book highlights the importance of vibrant entrepreneurship and demonstrates that being local and having an ability to learn and build capabilities based on local knowledge have been major drivers of market success. Yet it also shows how such firm-level factors have been complemented by the role of both national and sectoral systems of innovation.
This book offers an integrated framework for the study of innovation and the rise of market leaders as well as original case studies from important emerging economies. It will appeal to students, scholars, researchers and policy-makers interested in economic development and catch-up, entrepreneurship, innovation management and evolutionary economics.