Difference in the levels of progress between developed and developing countries poses significant challenges for firms from the developing world to operate successfully in markets in the developed world. However, as globalization deepens, firms in the developing world, like their counterparts in the developed world, are forced to look for markets outside of their domestic environment. Increasingly, firms in developing countries will have no choice but to look for markets in large and wealthy developed countries in addition to other similar developing countries.
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Densil A. Williams is professor of international business at UWI. He has published five books, written over seventy articles in academic journals and refereed academic conferences. He is the recipient of numerous research awards as well as a Commonwealth Scholar, a Lome IV Scholar, a Jamaica Government Exhibition Scholar and a Jamaica Four Mills Scholar.
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