Part One: Gearing Up for the New Global Reality 1 1 Building the Next-Generation Global Enterprise 3 Anil K. Gupta, Haiyan Wang 2 Is Your Business Model Ready to Drill into the Core of the Diamond? 29 Niraj Dawar, Charan Bagga Part Two: Winning the Local Competition in Emerging Asia 59 3 Coevolving Local Adaptation and Global Integration: The Case of Panasonic China 61 Toshiro Wakayama, Junjiro Shintaku, Tomofumi Amano, Takafumi Kikuchi 4 How Some Japanese Firms Have Succeeded Against Low-Cost Competitors in Emerging Markets 87 Junjiro Shintaku, Tomofumi Amano 5 Transferring Home-Grown Management Practices: The Case of Toyota in China 115 Akira Tanaka, Yue Wang Part Three: Acquisition-Driven Globalization from Emerging Asia 139 6 Dubious Value of International Acquisitions by Emerging Economy Firms: The Case of Indian Firms 141 Aneel Karnani 7 Acquisition Advantage: How Emerging Market Firms Use Acquisitions, and What Incumbents Can Do About It 169 U. Srinivasa Rangan, Sam Hariharan Part Four: Innovation Opportunities and Challenges in Emerging Asia 201 8 Innovating in the Vortex: New Perspectives from Radically Different Business Experiences in India 203 Srikanth Kannapan, Kuruvilla Lukose 9 Protecting Intellectual Property in China: A View from the Field 235 Andreas Schotter, Mary B. Teagarden 10 Competing in Emerging Asia: Reflections and Conclusions 265 Anil K. Gupta, U. Srinivasa Rangan, Toshiro Wakayama.

The multinational corporate guide for thriving in the Asian marketplace Led by China and India, the rise of emerging Asia is transforming the structure of the global economy. By 2025, if not sooner, China will almost certainly overtake the U.S. to become the world's largest economy.

Includes bibliographical references and index.