Acquisition of Technologies and Multinational Enterprise Growth in the Automotive and the Pharmaceutical Industries: Drivers and Strategies
Giovanni Balcet () and
Silvia Bruschieri ()
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Giovanni Balcet: Università di Torino
Silvia Bruschieri: Università di Torino
Chapter 5 in The Rise of Indian Multinationals, 2010, pp 111-165 from Palgrave Macmillan
Abstract:
Abstract Multinational enterprises (MNEs) from emerging markets1 are new and very dynamic actors on the global scene. Among them, Indian MNEs have actively contributed to this scene: since the liberalization process that started in the 1990s, a growing number of firms have been able to acquire frontier technologies from Western and Japanese MNEs, often through innovation-oriented joint ventures (JVs) and alliances, and, subsequently, to grow internationally, building multinational networks. In a previous work, we analyzed the evolution of the Indian automotive industry, from a highly protected industry in the 1980s, through the liberalization process of the 1990s, to the new competitive arena of the early 2000s, with special reference to inward and outward foreign direct investment (IFDI and OFDI) flows, multinational alliances, the processes of technology transfer and acquisition, and the impact of trade and industrial policies (Balcet and Bruschieri 2008).
Keywords: Active Pharmaceutical Ingredient; External Network; Outward Foreign Direct Investment; Case Study Company; Ownership Advantage (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-11475-3_5
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DOI: 10.1057/9780230114753_5
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