Third-World Copycats to Emerging Multinationals: Institutional Changes and Organizational Transformation in the Indian Pharmaceutical Industry

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dc.contributor.authorChittoor, Raveendra
dc.contributor.authorSarkar, M.B.
dc.contributor.authorRay, Sougata
dc.contributor.authorAulakh, Preet S.
dc.date.accessioned2023-04-30T14:39:01Z
dc.date.available2023-04-30T14:39:01Z
dc.date.copyright2009en_US
dc.date.issued2009
dc.description.abstractThis article investigates how Indian pharmaceutical firms, facing discontinuous institutional changes in their domestic environment due to economic liberalization and intellectual property reforms, have undertaken organizational transformation. Internationalization of resources and product markets constitutes an important component of organizational transformation for local firms in emerging economies. Using longitudinal data on 206 Indian pharmaceutical firms from 1995–2004, we find that firms’ access to international technological and financial resources enables product market internationalization. Furthermore, we theorize and find support for our predictions that the association between international resources and markets is conditioned by time and business group affiliation, and product market internationalization affects financial performance. Several implications thus emerge for theory and practice associated with the sources of competitiveness in emerging economy firms and their transformation into globally competitive multinational firms.en_US
dc.description.reviewstatusRevieweden_US
dc.description.scholarlevelFacultyen_US
dc.description.sponsorshipSocial Science and Humanities Research Council of Canada (Grant #: 410-2005-2186)en_US
dc.identifier.citationChittoor, R., et al. (2009). Third-World Copycats to Emerging Multinationals: Institutional Changes and Organizational Transformation in the Indian Pharmaceutical Industry, Organization Science, 20(1), 187-205. https://doi.org/10.1287/orsc.1080.0377.en_US
dc.identifier.urihttps://doi.org/10.1287/orsc.1080.0377
dc.identifier.urihttp://hdl.handle.net/1828/15079
dc.language.isoenen_US
dc.publisherOrganization Scienceen_US
dc.subjectemerging multinationalsen_US
dc.subjecteconomic liberalizationen_US
dc.subjectbusiness groupsen_US
dc.subjectresource internationalizationen_US
dc.subjectemerging economiesen_US
dc.subjectpharmaceutical industryen_US
dc.subjectglobalizationen_US
dc.subjectIndiaen_US
dc.subject.departmentPeter B. Gustavson School of Business
dc.titleThird-World Copycats to Emerging Multinationals: Institutional Changes and Organizational Transformation in the Indian Pharmaceutical Industryen_US
dc.typePostprinten_US

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