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New Geography of M&As: A Framing Device of Firms' Strategies
Author(s) -
Caiazza Rosa,
Very Philippe,
Ferrara Graziella
Publication year - 2015
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/tie.21752
Subject(s) - destinations , framing (construction) , china , business , economic geography , mergers and acquisitions , window of opportunity , competitive advantage , international trade , market economy , industrial organization , economics , marketing , finance , tourism , political science , geography , archaeology , real time computing , computer science , law
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.