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Strategy and innovation in emerging economies after the end of the commodity boom—Insights from Latin America

Published on Oct 1, 2016in Journal of Business Research
· DOI :10.1016/J.JBUSRES.2016.03.059
Esteban Brenes12
Estimated H-index: 12
(INCAE Business School),
Arnoldo R. Camacho3
Estimated H-index: 3
(INCAE Business School)
+ 1 AuthorsCaleb A. Pichardo2
Estimated H-index: 2
(INCAE Business School)
Abstract
This paper explores the economic trends of Latin America, highlighting their influences on the strategies and behaviors of different types of businesses. It introduces a Special Issue featuring a selection of the best papers presented at the Sixth International Conference on Strategic Management in Latin America, held at INCAE Business School in 2015. The theme for this Conference was: “Strategies for Growth, Regional Expansion and Global Competition”. The Conference provided a big opportunity to exchange theoretical insights, empirical research results and applications of current Latin American strategic management issues.
  • References (21)
  • Citations (18)
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References21
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#1Luciano Ciravegna ('KCL': King's College London)H-Index: 16
#2Luis López (INCAE Business School)H-Index: 9
Last. Sumit K. Kundu (College of Business Administration)H-Index: 24
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19 CitationsSource
#1Claudia N. Gonzalez-Brambila (ITAM: Instituto Tecnológico Autónomo de México)H-Index: 8
#2Mauricio Jenkins (INCAE Business School)H-Index: 5
Last. Antonio Lloret (ITAM: Instituto Tecnológico Autónomo de México)H-Index: 4
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Nations consider R&D a fundamental way to spur business innovation, increase the international competitiveness of domestic firms, achieve higher levels of economic growth, and increase the social welfare of its citizens. The empirical evidence indicates that, in the Latin America region, investment in R&D is comparatively low, largely depends on public funds, and is highly concentrated in academic research with limited business applications. Empirical evidence suggests a lack of connection in th...
6 CitationsSource
#1Alvaro Cuervo-Cazurra (NU: Northeastern University)H-Index: 33
I analyze corruption in international business, presenting a critical assessment of the topic and providing suggestions for future research. I argue that corruption creates a laboratory for expanding international business studies because its illegal nature, the differences in perception about illegality, and the variation in the enforcement of laws against bribery across countries challenge some of the assumptions upon which arguments have been built, i.e., that managers can choose appropriate ...
84 CitationsSource
#1Esteban Brenes (INCAE Business School)H-Index: 12
#2Luciano Ciravegna (INCAE Business School)H-Index: 16
Last. D. Montoya (INCAE Business School)H-Index: 3
view all 3 authors...
This case describes how Super Selectos, a local food retail chain from El Salvador, succeeds in competing against Walmart, the number one food retailer in the world. The case's structure facilitates a discussion of competitive strategy and positioning in the food retail industry in emerging markets. The case provides enough information for the reader to understand the differentiation strategy that allowed Super Selectos to increase its market share even after Walmart entered its domestic market....
7 CitationsSource
#1Esteban Brenes (INCAE Business School)H-Index: 12
#2D. Montoya (INCAE Business School)H-Index: 3
Last. Luciano Ciravegna (Lond: University of London)H-Index: 16
view all 3 authors...
This study furthers the research agenda on Porter's generic strategies by exploring their implementation by firms that suffer from under representation in the literature. It focuses on agribusinesses based in emerging markets that specialize in high value added products. Relying on information collected through interviews, and a survey with 66 agribusinesses based in eight countries of Latin America, it examines the factors that distinguish firms implementing a differentiation strategy (DS). The...
56 CitationsSource
#1Esteban Brenes (INCAE Business School)H-Index: 12
#2Amitava Chattopadhyay (Ad: INSEAD)H-Index: 30
Last. C Daniel Montoya (INCAE Business School)H-Index: 1
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Purpose The purpose of this case study is to describe the Costa Rican coffee roaster and retail company Grupo Britt and provides sufficient information for readers to discuss the company's growth options in the US and Latin American markets. It has been prepared to facilitate discussion and learning about appropriate growth strategies and the building, positioning and branding of companies from emerging economies within the internationalization processes. Design/methodology/approach The case stu...
3 CitationsSource
#1Pedro Raventós (INCAE Business School)H-Index: 3
#2José Miguel Ospina (University of Los Andes)H-Index: 2
This brief introduction seeks to guide the reader through the best papers presented at the Strategic Management in Latin America Conference, held in Bogota, Colombia, in January 2011. These papers develop interesting insights for business scholars and practitioners, based on the analysis of problems and situations encountered in Latin America: integration decisions, participation in merger waves, nonmarket strategies, the water problem, the financial return to corporate governance, overtime deci...
1 CitationsSource
#1Luciano CiravegnaH-Index: 16
11 Citations
#1Luciano Ciravegna (Lond: University of London)H-Index: 16
This study, based on qualitative evidence collected through 150 interviews with local entrepreneurs, multinational corporations (MNC) directors, and other actors, contributes to the understanding of the effects of foreign direct investment (FDI) by showing that the social ties of local entrepreneurs and MNC directors affect technological learning in the Costa Rican information and communication technologies (ICT) cluster in ways that are often overlooked by the literature on technological capabi...
22 CitationsSource
This research investigated the impact the external environment, firm characteristics and firm strategy have on export performance. To this end, a survey was administered to 448 large Brazilian exporters of manufactured products. A structural equation modeling (SEM) approach was used to fit the conceptual model to empirical data. An extensive set of procedures for the validation of measurement models was used. Export performance exhibited a multidimensional structure and the model explained 76.6%...
23 CitationsSource
Cited By18
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Actualmente, la innovacion es considerada un imperativo estrategico para alcanzar el desarrollo economico y es la mejor opcion para enfrentar los desafios del futuro. Por ello, el estudio y el analisis de sus resultados constituyen una actividad relevante para el mundo academico, para el diseno de politicas publicas y para las revistas que difunden dicha informacion. Uno de los referentes mas importantes en esta materia es el Indice Global de Innovacion (GII) . Este informe, proporciona valores ...
Source
#1Esteban Brenes (INCAE Business School)H-Index: 12
#2Luciano Ciravegna ('KCL': King's College London)H-Index: 16
Last. Caleb A. Pichardo (INCAE Business School)H-Index: 2
view all 3 authors...
Abstract This study analyzes the known antecedents of firm performance in emerging markets. It proposes a configurational approach for identifying the combinations of antecedents that are equifinally linked to high performance under different levels of institutional voids. The paper examines a sample of 200 firms based in 12 economies, focusing on the role of family management, vertical integration, firm size, internationalization and collaboration with other organizations. This study extends th...
5 CitationsSource
#1Luciano Ciravegna (INCAE Business School)H-Index: 16
#2Sumit K. Kundu (College of Business Administration)H-Index: 24
Last. Luis López (INCAE Business School)H-Index: 9
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Abstract Competing theories explain the timing of internationalization and its implications. In this study, we propose that the timing stems from complex combinations of drivers, and provide a typology of strategic types of internationalization in relation to these drivers: entrepreneurial, serendipitous, and strategic internationalization. We discuss how these strategic types affect the subsequent outcomes of internationalization. Strategic internationalizers choose markets and entry modes usin...
5 CitationsSource
The main objective of the present chapter is to address empirically the impacts of institutional distance (ID) on the multinationality level of firms from developing countries and interpret how the interaction between ID and firm resources affects firms from developing countries. Using data of firms from developing countries, we estimated an empirical cross-section model. The results show that while cultural distance was not found statistically significant, ID, on the other hand, was statistical...
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The purpose of this chapter is to discuss the importance of management and strategic development, as well as network management and market orientation, in the results of innovation in marketing and collaboration of companies. In addition, the authors analyze how collaboration with other agents of interest is fundamental for the change of projects to have strategic impact, that is, for there to be a relationship between the development efforts of the area and the results of the business. Hence, t...
1 CitationsSource
#1Maribel Guerrero (Northumbria University)H-Index: 17
#2David Urbano (Autonomous University of Barcelona)H-Index: 36
Last. Fernando Herrera (Tec: Monterrey Institute of Technology and Higher Education)H-Index: 3
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Enterprises’ resources and capabilities determine their ability to achieve competitive advantage. In this regard, the key innovation challenges that enterprises face are liabilities associated with their age and size, and the entry barriers imposed on them. In this line, a growing number of enterprises are starting to implement innovation practices in which they employ both internal/external flows of knowledge in order to explore/exploit innovation in collaboration with commercial or scientific ...
16 CitationsSource
#1Jorge A. Heredia Pérez (University of the Pacific (Peru))H-Index: 2
#1Jorge Heredia Pérez (University of the Pacific (Peru))H-Index: 1
Last. Alejandro Flores (University of the Pacific (Peru))H-Index: 3
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This paper focuses on paths towards innovation and considers different types of innovation. It develops a new framework to analyze the internal and external factors that influence the types of innovation and their relationships with business performance in the manufacturing sector. A proposed theoretical model is tested and used to evaluate the process of innovation by country (Peru and Chile) and companies by size, type of industry, financial aspects and level of patenting. In Chile, the driver...
22 CitationsSource