“…In particular, cheap labor (Bruche, 2009; Thite et al , 2012; Amighini et al , 2015), and low-cost natural resources are abundant, and hence build a solid point of take-off (Sun et al , 2010; Holtbrügge and Kreppel, 2012). Even though they contradict the traditional understanding of competitive starts – they are neither superior, inimitable, non-substitutable, durable, nor appropriable – they served Indian and Chinese firms well in developing home-country strengths (Luo and Tung, 2007; Andreff and Balcet, 2013).…”