Abstract
In this chapter, we shall review the logic of, and the conditions for, the growth of firms in general and the explosive growth of Indian business houses in particular. The key argument of the chapter is that the initial asymmetric resource position and network position give a firm the capacity to exploit ‘creatively’ the conditions of an emerging market economy. The resource position feeds on to network position and vice versa and both grow over time. This process perpetuates asymmetries faster in a rapidly changing large developing country like India, leading to the explosive growth of a few corporations.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 2011 Amar K.J.R. Nayak
About this chapter
Cite this chapter
Nayak, A.K.J.R. (2011). Logic and Dynamics of Firm Growth. In: Indian Multinationals. Palgrave Macmillan, London. https://doi.org/10.1057/9780230308718_2
Download citation
DOI: https://doi.org/10.1057/9780230308718_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-33480-3
Online ISBN: 978-0-230-30871-8
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)