Essec\Faculty\Model\Contribution {#2216
  #_index: "academ_contributions"
  #_id: "9537"
  #_source: array:26 [
    "id" => "9537"
    "slug" => "the-invisible-hand-de-beers-and-emerging-markets"
    "yearMonth" => "2011"
    "year" => "2011"
    "title" => "The invisible hand : De Beers, and emerging markets"
    "description" => "SOM, A. (2011). The invisible hand : De Beers, and emerging markets. ESSEC Business School."
    "authors" => array:1 [
      0 => array:3 [
        "name" => "SOM Ashok"
        "bid" => "B00001502"
        "slug" => "som-ashok"
      ]
    ]
    "ouvrage" => ""
    "keywords" => array:15 [
      0 => "Diamonds"
      1 => "Mining"
      2 => "Jewelry"
      3 => "Monopoly"
      4 => "Ethics"
      5 => "India"
      6 => "Business strategy"
      7 => "LVMH (Louis Vuitton-Moet Hennessy)"
      8 => "Heritage"
      9 => "Vertical integration"
      10 => "Legal issues"
      11 => "Emerging markets"
      12 => "Conflict or blood diamonds"
      13 => "Social responsibility"
      14 => "Strategy and General Management"
    ]
    "updatedAt" => "2021-07-13 14:31:16"
    "publicationUrl" => "http://dspace.essec.fr/handle/essec/3997"
    "publicationInfo" => array:3 [
      "pages" => null
      "volume" => null
      "number" => null
    ]
    "type" => array:2 [
      "fr" => "Etudes de cas déposées"
      "en" => "Published cases"
    ]
    "support_type" => array:2 [
      "fr" => "Editeur"
      "en" => "Publisher"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "De Beers’ 122 years of strategic evolution exemplifies Adam Smith’s Invisible Hand. External factors have created a path dependency for De Beers that has led them to retailing jewelry in 2001. With a need to re-invent themselves after the end of their monopoly they leveraged on their tricky heritage in the jewelry industry. The success of their joint venture with LVMH is clouded with embedded reasons for both parties. Ironically, De Beers’ business model has fashioned their largest rising threat- the SRDSIL from India. New players and emerging markets are now chiseling the face of the diamond industry of tomorrow."
      "en" => "De Beers’ 122 years of strategic evolution exemplifies Adam Smith’s Invisible Hand. External factors have created a path dependency for De Beers that has led them to retailing jewelry in 2001. With a need to re-invent themselves after the end of their monopoly they leveraged on their tricky heritage in the jewelry industry. The success of their joint venture with LVMH is clouded with embedded reasons for both parties. Ironically, De Beers’ business model has fashioned their largest rising threat- the SRDSIL from India. New players and emerging markets are now chiseling the face of the diamond industry of tomorrow."
    ]
    "authors_fields" => array:2 [
      "fr" => "Management"
      "en" => "Management"
    ]
    "indexedAt" => "2024-11-21T15:21:45.000Z"
    "docTitle" => "The invisible hand : De Beers, and emerging markets"
    "docSurtitle" => "Published cases"
    "authorNames" => "<a href="/cv/som-ashok">SOM Ashok</a>"
    "docDescription" => "<span class="document-property-authors">SOM Ashok</span><br><span class="document-property-authors_fields">Management</span> | <span class="document-property-year">2011</span>"
    "keywordList" => "<a href="#">Diamonds</a>, <a href="#">Mining</a>, <a href="#">Jewelry</a>, <a href="#">Monopoly</a>, <a href="#">Ethics</a>, <a href="#">India</a>, <a href="#">Business strategy</a>, <a href="#">LVMH (Louis Vuitton-Moet Hennessy)</a>, <a href="#">Heritage</a>, <a href="#">Vertical integration</a>, <a href="#">Legal issues</a>, <a href="#">Emerging markets</a>, <a href="#">Conflict or blood diamonds</a>, <a href="#">Social responsibility</a>, <a href="#">Strategy and General Management</a>"
    "docPreview" => "<b>The invisible hand : De Beers, and emerging markets</b><br><span>2011 | Published cases </span>"
    "docType" => "research"
    "publicationLink" => "<a href="http://dspace.essec.fr/handle/essec/3997" target="_blank">The invisible hand : De Beers, and emerging markets</a>"
  ]
  +lang: "en"
  +"_type": "_doc"
  +"_score": 9.184407
  +"parent": null
}