Emerging Market Companies as Globalizers

Nancy A. Hubbard
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Nancy A. Hubbard: Goucher College

Chapter 9 in Conquering Global Markets, 2013, pp 149-164 from Palgrave Macmillan

Abstract: Abstract As seen in Chapter 2, there has been an explosion of emerging world globalizers into the international scene in the past 20 years. Since 1995, BRIC countries (Brazil, Russia, India, and China) alone have seen their combined share of revenue in the Global 500 catapult from less than 1 percent to 10.4 percent (Black and Morrison, 2010). The number of emerging market transnational corporations tripled from six to an average of 18 of the largest 100 in the decade between 2001 and 2011. If anything this underestimates the role of emerging market globalizers by discounting SOEs or sovereign wealth funds. And these emerging world enterprises are globalizing at an increasing pace. Yet to suggest that all emerging world globalizers are the same drastically oversimplifies the situation—they are quite diverse, but despite this they do share some similarities. These will be explored in this chapter and several case studies will highlight their expansion successes.

Keywords: Venture Capital; Domestic Market; Home Market; BRIC Country; Sovereign Wealth Fund (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-30772-9_10

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DOI: 10.1057/9781137307729_10

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