New Geography of M&As: A Framing Device of Firms' Strategies |
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Authors: | Rosa Caiazza Philippe Very Graziella Ferrara |
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Institution: | 1. Parthenope University of Npales, Napoli, Italy 80132;2. EDHEC Business School, Nice, France 06202 CX 3;3. Suor Orsola Benincasa University, Napoli, Italy |
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Abstract: | The emergence of new economic centers is changing the competitive scenario. The diffusion of power across an increasingly broad range of countries has opened a window of opportunity for firms from China that want to compete globally. These firms understand their options in exploiting economic geography, and they frequently use cross‐border mergers and acquisitions (M&As) to penetrate developed countries. The United States and Europe are becoming natural destinations for such investments because of their huge markets and leading‐edge technologies. This article provides a “framing device” for firms’ strategies in a multipolar world. © 2015 Wiley Periodicals, Inc. |
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Keywords: | Geography Strategy Management |
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