Global Strategies for Emerging Asia

Overview

Global Strategies for Emerging Asia brings together thelatest ideas and in-depth case analyses from leading academics andpractitioners to provide a comprehensive guide to succeeding in theburgeoning Asian marketplace.

This important resource offers a discussion of how the changingdynamics of the global economy will determine the characteristicsof the global enterprises that emerge as the new winners ten yearsfrom now. It also shows how new business models are needed to ...

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Global Strategies for Emerging Asia

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Overview

Global Strategies for Emerging Asia brings together thelatest ideas and in-depth case analyses from leading academics andpractitioners to provide a comprehensive guide to succeeding in theburgeoning Asian marketplace.

This important resource offers a discussion of how the changingdynamics of the global economy will determine the characteristicsof the global enterprises that emerge as the new winners ten yearsfrom now. It also shows how new business models are needed to serveconsumers in emerging markets and presents analysis of the tensionbetween the need for local adaptation with the need for globalintegration.

Other topics in the book include how companies can fight and winagainst low-cost competition from Asian companies, how to transferhomegrown management practices to Asia, how to safeguard thecompany's intellectual property in China, and how to leverage Indiaas a platform to revitalize the company's innovationcapabilities.

The book contains case studies and analyses of a number ofcompanies including Toyota, Hyundai, Panasonic, Honda, IBM, TataSteel, Hindalco, Jaguar Land Rover, Bharat Forge, Lenovo, BhartiAirtel, Geely, Sasken, and Strand Life Sciences. GlobalStrategies for Emerging Asia also contains an empiricalanalysis of the stock market performance of all large foreignacquisitions by Indian companies during the years 2000???09 andoffers conceptual frameworks that explain why there has been aquantum jump in foreign acquisitions by Chinese and Indianfirms.

A resource for competing in today's international market,Global Strategies for Emerging Asia offers executives andmanagers a guide for navigating the new global reality—that ofAsia as the world's emerging center of gravity.

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Product Details

  • ISBN-13: 9781118217979
  • Publisher: Wiley
  • Publication date: 7/3/2012
  • Edition number: 1
  • Pages: 352
  • Product dimensions: 6.30 (w) x 9.10 (h) x 1.30 (d)

Meet the Author

Anil K. Gupta is the Michael D. Dingman Chair in Strategyand Entrepreneurship at the Smith School of Business, theUniversity of Maryland, and a visiting professor of strategy atINSEAD. A world-renowned scholar on global strategy, he is aregular speaker at major conferences and serves as an adviser anddirector for corporations in the United States, Europe, andAsia.

Toshiro Wakayama is a professor of innovation andstrategy at the Graduate School of International Management,International University of Japan.

U. Srinivasa Rangan holds the Luksic Chair Professorshipin Strategy and Global Studies at Babson College. Known for hisresearch on globalization, strategic management, and nationalcompetitiveness, he has consulted with and taught in executiveeducation programs for firms in Asia, Europe, and NorthAmerica.

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Table of Contents

Preface ix

Acknowledgments xv

Part One: Gearing Up for the New Global Reality 1

1 Building the Next-Generation Global Enterprise 3
Anil K. Gupta, Haiyan Wang

2 Is Your Business Model Ready to Drill into the Core of the Diamond? 29
Niraj Dawar, Charan Bagga

Part Two: Winning the Local Competition in Emerging Asia 59

3 Coevolving Local Adaptation and Global Integration: The Case of Panasonic China 61
Toshiro Wakayama, Junjiro Shintaku, Tomofumi Amano, Takafumi Kikuchi

4 How Some Japanese Firms Have Succeeded Against Low-Cost Competitors in Emerging Markets 87
Junjiro Shintaku, Tomofumi Amano

5 Transferring Home-Grown Management Practices: The Case of Toyota in China 115
Akira Tanaka, Yue Wang

Part Three: Acquisition-Driven Globalization from Emerging Asia 139

6 Dubious Value of International Acquisitions by Emerging Economy Firms: The Case of Indian Firms 141
Aneel Karnani

7 Acquisition Advantage: How Emerging Market Firms Use Acquisitions, and What Incumbents Can Do About It 169
U. Srinivasa Rangan, Sam Hariharan

Part Four: Innovation Opportunities and Challenges in Emerging Asia 201

8 Innovating in the Vortex: New Perspectives from Radically Different Business Experiences in India 203
Srikanth Kannapan, Kuruvilla Lukose

9 Protecting Intellectual Property in China: A View from the Field 235
Andreas Schotter, Mary B. Teagarden

10 Competing in Emerging Asia: Reflections and Conclusions 265
Anil K. Gupta, U. Srinivasa Rangan, Toshiro Wakayama

Notes 285

About the Editors and Contributors 309

Index 321

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