Building Strategic Capabilities in Emerging Market Firms:The Case of Peru

Reyes, Armando Borda and Chea, Carlos Cordova ORCID: (2020) Building Strategic Capabilities in Emerging Market Firms:The Case of Peru. In: Building Strategic Capabilities in Emerging Markets. Cambridge University Press, pp. 337-358. ISBN 9781108474375

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Peru became one of the fastest growing economies in Latin America following its adoption of promarket reforms. However, trade openness and market liberalization created new pressures. Entrance of foreign competitors to Peruvian markets triggered upgrades to core competences by local companies. This chapter presents the way successful firms from different sectors faced institutional turmoil by upgrading specific capabilities and developing strategic responses to obtain a competitive edge. Our analysis covers companies from different sectors: Deltron (low-tech domestic firm), Cantol (low-tech exporter), Resemin (high-tech multinational), Alicorp (low-tech multinational), Alicorp (low-tech multinational), and Lolimsa (service multinational).While the upgrading of strategic capabilities in these firms focused on improving product, service, and operational capabilities and on controlling retail operations, their strategic responses focused either on exploiting new windows of opportunity or on defending against the entrance of foreign competitors.

Item Type: Book Section
Uncontrolled Keywords: peru,high-tech,institutional turmoil,low-tech,multinational,promarket reforms,strategic capabilities,upgrading capabilities,economics, econometrics and finance(all),business, management and accounting(all) ,/dk/atira/pure/subjectarea/asjc/2000
Faculty \ School: Faculty of Social Sciences > Norwich Business School
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Depositing User: LivePure Connector
Date Deposited: 09 May 2024 09:32
Last Modified: 03 Jun 2024 08:32
DOI: 10.1017/9781108565240.015

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