Raveendra Chittoor

TL;DR: In this article, the authors argue that international acquisitions facilitate internalization of tangible and intangible resources that are both difficult to trade through market transactions and take time to develop internally, thus constituting an important strategic lever of value creation for emerging economy firms.

TL;DR: Using longitudinal data on 206 Indian pharmaceutical firms from 1995--2004, it is found that firms' access to international technological and financial resources enables product market internationalization, and predictions that the association between international resources and markets is conditioned by time and business group affiliation are theorized and found support.

TL;DR: In this paper, the authors explored the impact of professionalization of management on succession performance in Indian family business groups, and drew from case studies on succession process in three Indian business groups.

TL;DR: In this article, the authors proposed a conceptual model of internationalization for emerging economy firms through a combination of exploitation and exploration strategies along the dimensions of products and markets, by taking advantage of increasingly liberalized economies, could emerge as Thirdworld multinationals with capabilities that could potentially challenge even MNCs from the developed world.

TL;DR: In this article, the authors consider the case of capital markets, a key economic institution: while the absence of well-developed capital markets may indeed have stimulated the emergence of business groups, they propose that business affiliation and the scrutiny that maturing capital markets impose on firms that participate actively in them nevertheless can play a complementary role in influencing a firm's performance.