Publication Type
Journal Article
Publication Date
2-2013
Abstract
Emerging markets and their institutional voids offer great growth potential for corporates and organisations seeking an exit strategy from the gloomy European market, says Harvard professor Tarun Khanna. ‘Institutional voids’, a phrase coined by Khanna in his book "Winning in Emerging Markets, refers to the absence of intermediaries like market research firms and credit card systems to efficiently connect buyers and sellers. This creates daunting obstacles for companies trying to operate in emerging markets. According to Khanna, understanding these voids – and learning how to work with them in specific markets – is the key to success
Keywords
Intitutional voids, emerging markets, success, strategies
Disciplines
Business | Business Administration, Management, and Operations | Operations and Supply Chain Management
Copyright Owner and Holder
Copyright © Singapore Management University 2013
Licece/Creative Commons Licence
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Subject(s)
Investments -- Developing countries, International business enterprises
Citation
Singapore Management University.
Institutional Voids: Black Hole or Opportunities?. (2013).
Available at: https://ink.library.smu.edu.sg/pers/21
Included in
Business Administration, Management, and Operations Commons, Operations and Supply Chain Management Commons