The future of comparative management studies must embrace opportunities to analyze and understand new management practices that are developing around the world. Of particular interest to me are the startling developments in China, India and other developing and emerging countries that had largely been ignored by early comparative management theorists. A good place to start is the recent special report in The Economist on “Innovation in Emerging Markets”. Among the topics introduced in this report that warrant further study are new business models in emerging markets, innovation systems and the strategies selected by firms in emerging countries seeking to grow quickly in their domestic markets and in foreign markets that have typically been left to Western companies.
