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  • 1 - Building Strategic Capabilities in Emerging Economies

  • Edited by Alvaro Cuervo-Cazurra, Northeastern University, Boston, William Newburry, Florida International University, Seung Ho Park, Nanyang Technological University, Singapore
  • Book:
    Building Strategic Capabilities in Emerging Markets
    Published online:
    09 October 2020
    Print publication:
    22 October 2020, pp 1-10

  • Summary

    This chapter introduces the background and key research question of the project for this book, which is an output of a multi-country study on a highly important subject in emerging markets: what types of capabilities do emerging market firms need, and how do they acquire and upgrade these capabilities in order to achieve competitiveness in the global market? The chapter highlights two unique aspects of emerging markets: weak institutions and lack of endowment. The main theme of the book thus becomes how emerging market companies develop competitive capabilities to international levels facing these two critical constraints. The chapter also discusses the organization of the book, which comprises twelve different country studies, and presents the methodology used to select and evaluate the firms studied.