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Global Strategies for Emerging Asia

Global Strategies for Emerging Asia

Author: Anil K. Gupta; Toshiro Wakayama; Srini Rangan
Publisher: Jossey-Bass
ISBN: 9781118217979
Published In: June 2012
Format: Hardback , 320 pages
Jurisdiction: Asia ? Disclaimer:
Countri(es) stated herein are used as reference only

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The multinational corporate guide for thriving in the Asian marketplace

Led by China and India, the rise of emerging Asia is transforming the structure of the global economy. By 2025, if not sooner, China will almost certainly overtake the U.S. to become the world's largest economy. By then, India is likely to have overtaken Japan to become the world's third largest economy, after China and the U.S. Besides China and India, Asia also includes other fast-growing economies such as Indonesia, Malaysia, Philippines, Thailand, and Vietnam. Added together, by 2025, these developments are likely to make Asia's economy larger than those of the U.S. and Europe combined.

It is clear that, for every large company, leadership in Asia is rapidly becoming critical for leadership globally. This important resource brings together the latest ideas and in-depth case analyses from leading academics and practitioners to provide a comprehensive guide to succeeding in Asia.

Explores how to develop a strategy to benefit from new patterns of 21st century trade
Explains how companies can fight and win against low-cost competition from Asian companies
Shows how to transfer homegrown management practices to Asia
Reveals how to safeguard the company's intellectual property in China
Brings to light how to leverage India as a platform to revitalize the company's innovation capabilities

A resource for competing in today's international market, this book offers executives and managers a guide for navigating the new global reality—that of Asia as the world's emerging center of gravity.

Preface ix

Acknowledgments xv

Part One: Gearing Up for the New Global Reality 1

1 Building the Next-Generation Global Enterprise 3
Anil K. Gupta, Haiyan Wang

2 Is Your Business Model Ready to Drill into the Core of the Diamond? 29
Niraj Dawar, Charan Bagga

Part Two: Winning the Local Competition in Emerging Asia 59

3 Coevolving Local Adaptation and Global Integration: The Case of Panasonic China 61
Toshiro Wakayama, Junjiro Shintaku, Tomofumi Amano, Takafumi Kikuchi

4 How Some Japanese Firms Have Succeeded Against Low-Cost Competitors in Emerging Markets 87
Junjiro Shintaku, Tomofumi Amano

5 Transferring Home-Grown Management Practices: The Case of Toyota in China 115
Akira Tanaka, Yue Wang

Part Three: Acquisition-Driven Globalization from Emerging Asia 139

6 Dubious Value of International Acquisitions by Emerging Economy Firms: The Case of Indian Firms 141
Aneel Karnani

7 Acquisition Advantage: How Emerging Market Firms Use Acquisitions, and What Incumbents Can Do About It 169
U. Srinivasa Rangan, Sam Hariharan

Part Four: Innovation Opportunities and Challenges in Emerging Asia 201

8 Innovating in the Vortex: New Perspectives from Radically Different Business Experiences in India 203
Srikanth Kannapan, Kuruvilla Lukose

9 Protecting Intellectual Property in China: A View from the Field 235
Andreas Schotter, Mary B. Teagarden

10 Competing in Emerging Asia: Reflections and Conclusions 265
Anil K. Gupta, U. Srinivasa Rangan, Toshiro Wakayama

Notes 285

About the Editors and Contributors 309

Index 321

Anil Gupta is the Michael Dingman Chair in Strategy & Entrepreneurship at the Smith School of Business, The University of Maryland at College Park.He is widely regarded as one of the world's leading experts on strategy, globalization and emerging markets and has authored, coauthored or co-edited over seventy papers and four books. He has been recognized by Management International Review as one of the "Top 20 North American Superstars" for research in strategy and organization. Professor Gupta is regularly an invited keynote speaker at major conferences and corporate forums in the USA, Europe, China and India – including the Business Week CEO Forum, the Global Partnership Summit organized by Confederation of Indian Industry, the CEO2CEO Summit organized by Chief Executive magazine, and the Yale CEO summit.

Toshiro Wakayama is Professor of Innovation and Strategy at the Graduate School of International Management, International University of Japan. His research focuses on the irreducible nature of business and of strategy, and he gives industry talks and workshops at organizations such as the Bank of Japan, IBM, Fuji Xerox, Mitsubishi Research Institute, Oracle, SAP, Mitsui Shipbuilding, Fujitsu Laboratories, and Deloitte Tohmatsu Consulting.

Srini Rangan holds the Kingsbury Term Chair at Babson College where he is also a research fellow at the Asian Institute and Institute for Latin American Business. He is the author of a book, several best-selling case studies on global competition and strategic management, published both by Harvard Business School and IMD, and research articles published in academic journals such as the Journal of Global Marketing, Columbia Journal of World Business, and Strategic Change. He teaches regularly in executive education programs at Babson College, at Amos Tuck School of Business Administration at Dartmouth College, and at several companies.