When you're a latecomer to a language, what happens is you live there with a continuous and perpetual frustration.

Internationalizing firms from developing countries are pursuing strategies that enable them to catch up with established players, leveraging their latecomer advantages.

For latecomer enterprises, the process appears to move faster and to involve applying learning acquired from one market in the next (Mathews 2002).

If you look at the word salvation in the Bible the Christian usage that we're familiar with saving souls, that people go to heaven that's actually a latecomer.

To realize its potential growth as a latecomer, China needs, above all, to deepen its market oriented reforms, address various structural problems, and develop its economy according to its comparative advantages.

The key is to have the right policy framework in place to facilitate private sector alignment with the country s comparative advantages, and to benefit from latecomer advantages in the process of structural change.

Because the country s latecomer status explains its 33 years of rapid economic growth, the key to understanding its potential for further rapid growth in the future lies in estimating how large those advantages still are.

The second wave firms take advantage of the benefits of globalization and leverage on their latecomer advantages, particularly by using advanced technology and management systems to accelerate their internationalization through global connections and linkages with existing transnational corporations (TNCs).

China became one of the 13 economies after 1979. Because the country s latecomer status explains its 33 years of rapid economic growth, the key to understanding its potential for further rapid growth in the future lies in estimating how large those advantages still are.