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Publisher's Summary

J. Ramachandran, K. S. Manikandan, and Anirvan Pant, of the Indian Institute of Management, report on why business groups – which straddle numerous unrelated businesses – are flourishing in emerging markets.

This article was first published in the December 2013 issue of Harvard Business Review.

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©2013 by the President and Fellows of Harvard College, All Rights Reserved (P)2013 Audible Inc.

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