Learning Before Making the Big Leap |
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| Authors: | B. Elango Chinmay Pattnaik |
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| Affiliation: | (1) Department of Management and Quantitative Methods, College of Business, Illinois State University, Normal, USA;(2) University of Sydney, Sydney, Australia |
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| Abstract: | | • | In the past two decades, emerging market countries have opened their markets, resulting in increasing competition from foreign firms. To cope with the influx of new competition, these firms need to develop skills and competencies on par with their new international rivals. One of the strategies employed by firms in these markets is the use of serial acquisitions to build capabilities and has been referred to as the springboard perspective. |
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