Cheating in College: Why Students Do It and What Educators Can Do about It

TLDR: In this article, the authors present a holistic framework for firms' various growth choices, which is highly valuable not only to scholars interested in this central first-order theoretical question in corporate strategy, but also to practitioners who are constantly faced with the strategic challenge of how best to grow their firm.

Abstract: vanced economies, but they also have profound implications for emerging markets. For example, many Chinese firms fell into the trap of overly relying on acquisitions when seeking to expand overseas, ignoring the difficulties associated with postmerger integration across cultures. As a consequence, many of these acquisitions failed. Perhaps a more viable strategy is what some Indian firms did—they first granted autonomy to the acquired overseas firms, gaining a better understanding of the local cultures and consumer preferences, and then engaged with more complete integration. Build, Borrow, or Buy: Solving the Growth Dilemma also sheds light on the interrelationship between growth choices and institutional dynamics. In the past, due to the weak intellectual property regime, markets for technologies were highly imperfect in China, so it was difficult to utilize contract or alliance strategy. However, as the institutional environment improves, the alliance strategy will likely gain more importance. Given such valuable implications, the book has extended its reach to a number of emerging economy countries, with translations into local languages (e.g., Chinese and Portuguese) available. In sum, this book develops a holistic framework for firms’ various growth choices, which is highly valuable not only to scholars interested in this central first-order theoretical question in corporate strategy, but also to practitioners who are constantly faced with the strategic challenge of how best to grow their firm. As a result, I would strongly recommend Build, Borrow, or Buy: Solving the Growth Dilemma to academics and practitioners alike.