Faculty News | Forbes | 20 Sep 2011
Filling "Institutional Voids" in Emerging Markets
Re: Tarun Khanna & Krishna G. Palepu
Harvard Business School Professors Tarun Khanna and Krishna Palepu have studied emerging markets for the past 15 years. They coined the term "institutional voids" to help explain the market ecosystem that companies are dependent on, and the fact that the institutions that make up this market ecosystem are either missing or not functioning as expected in emerging economies...

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