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What brain drain?
Concern about “brain drain” of executives from developing countries who work in mature markets is misplaced because such “indirect” learning abroad is critical to their companies’ growth in developed markets, finds research at Cambridge Judge Business School. Companies from emerging economies have little opportunity to learn directly from their own so-far limited experience in developed markets. So the knowledge gained from learning indirectly from networks in mature markets “plays a crucial role” in explaining why some developing-country firms grow faster in developed markets, the research found.
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