TITLE

Emerging Economy Copycats: Capability, Environment, and Strategy

AUTHOR(S)
Yadong Luo; Jinyun Sun; Lu Wang, Stephanie
PUB. DATE
May 2011
SOURCE
Academy of Management Perspectives;May2011, Vol. 25 Issue 2, p37
SOURCE TYPE
Academic Journal
DOC. TYPE
Case Study
ABSTRACT
Emerging economy enterprises nowadays relentlessly scale the value chain in a quest to compete on the world stage in part by copying the products of others. They develop new products and services that are dramatically less expensive than their Western equivalents. In this article we discuss what these copycats are and how they have grown in their unique trajectory. We emphasize their unique capabilities and weaknesses, internal and external conditions that foster growth, and strategies and paths that transform them along a continuum from duplicative imitators to creative imitators and ultimately to novel innovators. To this end, we present the CHAIN Framework (combinative, hardship-surviving, absorptive, intelligence, and networking) capabilities to showcase the copycats' capabilities and discuss STORM conditions (social, technological, organizational, regulatory, and market) that spur their growth. Finally, we present four case studies of copycats and discuss future research on this issue.
ACCESSION #
61020801

 

Related Articles

  • O SEGREDO DE LUÍSA: UMA ANÁLISE DOS PRESSUPOSTOS TEÓRICOS RELACIONADOS AO EMPREENDEDOR INOVADOR. de Queiroz Machado, Diego // Revista Brasileira de Administração Científica;2011, Vol. 2 Issue 2, p24 

    The growth of entrepreneurial action is a phenomenon observed in many countries, especially emerging economies. In this scenario, the innovative entrepreneur stands out as responsible for the development and evolution of the production means and market technologies. Due to its importance for...

  • A Comparative Analysis of the Factors for Fostering Innovation in BRICS Countries from 1995 to 2009. Bagchi, Nirmalya // ASCI Journal of Management;Sep2011, Vol. 41 Issue 1, p1 

    Recent studies have proved that innovation in a country improves its growth potential. The experience of Japan, Taiwan and other East Asian economies show that given the right interventions and availability of a suitable eco system, developing countries can catch up on technology and innovation....

  • ZAIBATSU CONGLOMERATES AS ORGANISATIONAL INNOVATIONS AT THE TIME OF THE MODERNISATION OF JAPAN'S ECONOMY. Grabowiecki, Jerzy // Research Papers of the Wroclaw University of Economics / Prace N;2012, Issue 256, p132 

    Business groups may be commonly found on contemporary emerging markets, but in fact they have been active in many nations since the early phase of the modern economy. In pre-war Japan business groups shared common features with those of other countries in this sense that they were family-owned...

  • DUBAI - AN EMERGING AND INNOVATIVE OFFSHORE FINANCIAL CENTRE. Folfas, Paweł // Research Papers of the Wroclaw University of Economics / Prace N;2012, Issue 256, p217 

    Dubai - a city and region in the United Arab Emirates (UAE) - has recently joined the group of specific economies oriented towards foreign capital, namely has become an emerging offshore financial centre. Thanks to the business-friendly environment, Dubai has attracted a lot of innovative...

  • DYNAMIC AND STATIC NETWORKING: MAIN IDEAS AND NATURE, SPECIFICS IN A COUNTRY WITH EMERGING MARKETS. Valdaytsev, Sergey; Gordeev, Igor; Samilov, Ivan // Ekonomika / Economics;2013, Vol. 92 Issue 1, p44 

    The objective of the article is to systematize the dynamic and especially static entrepreneurial networks as they look, appear, and act in a country with so-called emerging markets. This is accomplished on the example of Russia. Special attention is paid to relevant business goals and patterns...

  • Revisiting Export-Led Growth for Bangladesh: A Synthesis of Cointegration and Innovation Accounting. Paul, Biru Paksha // International Journal of Economics & Finance;Nov2011, Vol. 3 Issue 6, p3 

    Bangladesh, with spectacular growth in both exports and output in recent years, has drawn attention to the hypothesis of export-led growth. The results on this hypothesis are nevertheless inconclusive. By selecting a relatively liberalized regime from 1979 to 2010, this study engages both the...

  • Retailing and Innovation: A Study in today's Global Retail Market. Yupal, Shukia; Gadhavi Dharmesh // Advances in Management;May2012, Vol. 5 Issue 5, p9 

    In recent years, the combination of economic growth and population growth in emerging markets and less developed markets has accelerated the progression of globalization of retailing and globalization by retailers. The challenges faced by global and globalizing retailers (retailers who currently...

  • Enhancing the Role of the CDM in Accelerating Low-Carbon Technology Transfers to Developing Countries. van der Gaast, Wytze; Begg, Katherine // Carbon & Climate Law Review;2009, Vol. 3 Issue 1, p58 

    The Clean Development Mechanism (CDM) in its present form concentrates on single projects, mostly in isolation of the host country's national and technological context. CDM project patterns largely follow those of foreign direct investments, resulting in a relatively large share of rapidly...

  • What is nano-technology?  // Media Development;2006, Vol. 53 Issue 2, p34 

    The article provides information about the impingement of nanotechnology on the economic and social development of developing countries. Nanotechnology is a field of research and innovation concerned with building materials and devices on the scale of atoms and molecules. The technology is...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics