Internationalization and Performance of firms from emerging markets - Clusters and Business Groups - Substitutes or Complements?

Rajesh Srinivas Upadhyayula ()
Additional contact information
Rajesh Srinivas Upadhyayula: Indian Institute of Management, Kozhikode

No 320, Working papers from Indian Institute of Management Kozhikode

Abstract: While extant literature highlight business groups as a response to institutional voids, recent studies emphasized that business groups continue to persist because of the information advantages they possess. Studies in the developed economy context have shown that firms in clusters could benefit significantly from the information advantages and perform better than firms outside clusters. In this study, we examine if clusters serve as an alternative response to business groups for internationalization and performance. We find that both clusters and business groups have a positive association with internationalization and performance of firms. In addition, we also find that clusters and business groups serve as substitutes in explaining the performance of firms.

Keywords: Internationalization; Emerging markets; Clusters and Business Groups (search for similar items in EconPapers)
Pages: 03 pages
Date: 2019-03
New Economics Papers: this item is included in nep-cse and nep-int
References: Add references at CitEc
Citations:

Downloads: (external link)
https://iimk.ac.in/websiteadmin/FacultyPublication ... erging%20markets.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iik:wpaper:320

Access Statistics for this paper

More papers in Working papers from Indian Institute of Management Kozhikode IIMK Campus PO, Kunnamanagalam, Kozhikode, Kerala, India -673570. Contact information at EDIRC.
Bibliographic data for series maintained by Sudheesh Kumar ().