The Competitive Advantage of Local Firms in Developing Economies: The Case of Bajaj of India
Posted: 10 Apr 2008
Date Written: 2004
Abstract
While multinational firms from advanced economies often have a competitive advantage in developing countries, local firms can successfully compete against them using localized knowledge and abilities. This paper discusses the strategies local firms can use against foreign multinationals, and examines in particular the case of Bajaj Auto. This paper expands upon earlier work of Dawar and Frost and provides a focus on one Indian company.
Keywords: developing economies, India, competitive strategy
JEL Classification: M10
Suggested Citation: Suggested Citation
Rarick, Charles A., The Competitive Advantage of Local Firms in Developing Economies: The Case of Bajaj of India (2004). Available at SSRN: https://ssrn.com/abstract=1118544
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