Emerging markets

In many countries, diversified business groups substitute for the institutions that support effective markets in capital, labor, and goods and services. Their capacity for doing this must be strengthened through restructuring, not destroyed through dismantling.

New research shows how to attract and retain the best employees in developing economies.

A major shift is occurring in the nature of global competition, but it’s widely misunderstood. Emerging markets are no longer competing solely on price—by offering the lowest-cost manufacturing, for instance. Rather, they are increasingly competing with sophisticated skills in key sectors like health care, software, entertainment, consumer products, and manufacturing. They’re leveraging a fast-growing ability […]

Demonetization was only the start.

The U.S. may be the world’s leading innovator, but it won’t be for long if investors, regulators, and the legal establishment continue to penalize companies for risk taking, says Deborah Wince-Smith, president of the Council on Competitiveness. Recently, the council’s National Innovation Initiative, a leadership network of CEOs and university presidents, released a report in […]

Overcome data gaps, biased data, and outdated numbers.

And why Western investors often miss them.

Steps for developing products in emerging markets.

Lessons Western businesses must learn from emerging-market companies to succeed—at home and abroad.

Immigrants in developed countries who send money to and buy goods for relatives in the developing world are creating a vast new international market.

How to exploit global hot spots? Understand which major economies are most important, what's happening in them, how they're influencing each other, and...

With emerging markets like China and politically unstable countries like Saudi Arabia figuring more than ever into companies' investment calculations,...

Mergers and acquisitions, the stuff of newspaper headlines, quite often fail. Around 50% of mergers don’t achieve their business objectives, and takeovers cause the shareholders of most acquirers to lose money, according to several studies conducted over the past four decades. Yet, in an ironic twist, companies from developing countries such as China, India, Malaysia, […]

How can leaders develop business plans when data is not readily available?

Emerging economies are often thought of as environmental laggards; they're perceived to be focused more on addressing poverty than on protecting the planet....

Because of growing commitments of their companies in developing countries, large numbers of American and European managers have entered negotiations with government officials in Asia, Africa, and Latin America. Also, with emerging nationalism, these negotiations have become increasingly frustrating. Sometimes misunderstandings have been so great that they have led to a breakdown in negotiations that […]

New technologies can be unsettling for industry incumbents, regulators, and consumers, because norms and institutions for dealing with them don't yet...

As Kodak has discovered, it’s now possible to establish Western-style corporations in China.

Give offshore engineers more credit.

The promise and peril of institutional voids.