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    The growth of the firm in (and out of) emerging economies

    Access Status
    Fulltext not available
    Authors
    Peng, Mike
    Lebedev, S.
    Vlas, C.
    Wang, J.
    Shay, J.
    Date
    2018
    Type
    Journal Article
    
    Metadata
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    Citation
    Peng, M. and Lebedev, S. and Vlas, C. and Wang, J. and Shay, J. 2018. The growth of the firm in (and out of) emerging economies. Asia Pacific Journal of Management.
    Source Title
    Asia Pacific Journal of Management
    DOI
    10.1007/s10490-018-9599-3
    ISSN
    0217-4561
    School
    School of Management
    URI
    http://hdl.handle.net/20.500.11937/71586
    Collection
    • Curtin Research Publications
    Abstract

    © 2018, Springer Science+Business Media, LLC, part of Springer Nature. Starting with Peng and Heath (Academy of Management Review, 21: 492–528, 1996), the growth of the firm in emerging economies (EE) has received increasing attention in the literature in the last two decades. This line of research has not only extended our knowledge on firms’ strategic choices to the context of EE, but also proposed new perspectives on the growth of the firm. Leveraging prior research, this article focuses on three major modes for firm growth—organic, acquisitive, and network-based. For each mode, we identify new themes and insights emerging from the last two decades of research. They center on (1) compositional capabilities and frugal innovations for organic growth, (2) business groups and cross-border acquisitions for acquisitive growth, and (3) network capitalism and institutional transitions for network-based growth. Overall, we not only identify new themes and insights, but also outline important yet unresolved debates as future research directions.

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