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Conference Announcement

The 3^rd Copenhagen Conference on:

‘Emerging Multinationals’:
Outward Investment from Emerging Economies

www.cbs.dk/ofdi

Date: 25-26 October 2012

Venue: Copenhagen Business School, Copenhagen, Denmark

Overview

This year’s conference welcomes all papers related to the broad conference theme, but particularly those related to innovation and global knowledge flows.

Multinational companies from emerging economies (EMNCs) are becoming major players in the globalized world economy and wield growing influence on economic dynamics in developed, emerging, and developing countries alike. Firms and governments in developed countries increasingly need to engage with the array of challenges and opportunities presented by emerging-economy multinationals seeking access to their markets and assets. Important impacts of outward direct investment from emerging economies (OFDI) will also be felt in developing host countries, where investments from emerging economies are becoming more and more significant. No less important will be the effects in the home countries of the outward investing firms themselves. The rise of outward investment from emerging and developing countries requires further scrutiny, both theoretically, empirically and methodologically.

While all papers related to the conference theme are welcome, this year’s conference particularly solicits papers with a focus on innovation-related aspects of outward investment from emerging economies, whether at micro, meso or macro level. Which roles are OFDI coming to play in the innovation processes of EMNCs, at strategic and operational levels? What are the implications for incumbents in developed countries, e.g. in terms of competitive and collaborative dynamics? What are the macroeconomic implications of asset-seeking investments, for both host and home economies?

Topics

The emergence of MNCs from emerging economies raises a wide range of challenges for theorists, business strategists, and policymakers alike. This year’s conference promotes ‘innovation’ as a special theme.

• Which strategies do EMNCs pursue to access and leverage technology and knowledge from developed countries? How are their entry strategies and how do they transfer strategic assets within the EMNC?
• What are the home country antecedents and effects of EMNC’s asset-seeking investments?
• Which responses and policies are appropriate for host country governments?
• How are EMNCs and OFDI affected by the global financial crisis – globally and regionally and at the level of countries, sectors and firms?
• What are the dynamics of motives with which EMNCs invest abroad, which strategies do they pursue and which challenges do they face?
• Are internationalization patterns and strategies of EMNCs qualitatively different from what we know from extant theories?
• How do EMNCs impact on different types of host economies? How are costs and benefits distributed? How are benefits captured? Which new policy challenges do they introduce?
• How are home economies affected by the internationalization of domestic firms? Should home countries pursue particular policies to accelerate or otherwise influence their OFDI?
• Do EMNCs differ from developed-country MNCs in terms of corporate governance and corporate social responsibility?
• How are companies from China and India in particular coming to internationalize their operations?
• Which are the roles of state-owned EMNCs?
• Which are the roles of sovereign wealth funds?
• How does EMNC behavior vary between different industries and why?
• How does the rise of EMNCs influence global competition in different industries?

Important dates

Submission of paper:                                                       15 June

Paper acceptance/rejection:                                        29 June

Registration & submission of final paper:   17 September

Conference:                                                           25-26 October

Submission

Please email your paper as an MS Word document to Bersant Hobdari ([log in to unmask]).

Accepted papers will be uploaded to an ‘electronic proceedings’ on the conference website. Arrangement will be made for the best papers to be published after the conference. The previous two conferences have produced special issues of Journal of International Management, European Journal of Management, International Journal of Emerging Markets, and International Journal of Technological Learning, Innovation and Development.

Conference fee

The conference fee is EUR200. The fee covers meals, refreshments and conference materials. The concluding dinner is an optional extra.

Further information

For further information contact:

Peter Gammeltoft

Department of International Economics and Management

Email: [log in to unmask]

Web: http://uk.cbs.dk/int

Visit also the conference website: www.cbs.dk/ofdi

Organizing committee

Peter Gammeltoft, Department of International Economics and Management

Bersant Hobdari, Department of International Economics and Management

Ming Hua Li, Department of International Economics and Management

Scientific committee

Ari Kokko, Department of International Economics and Management, Denmark

Igor Filatotchev, City University of London, UK

Rajneesh Narula, University of Reading, UK

Klaus Meyer, University of Bath, UK

Andrea Goldstein, Global Relations, Investment Division, OECD

Jaya Prakash Pradhan, Sardar Patel Institute of Economic & Social Research, India

Niels Mygind, Department of International Economics and Management, Denmark

Kjeld-Erik Brødsgaard, Asia Research Centre, CBS, Denmark

Ravi Ramamurti, Northeastern University, US

Xiaobo Wu, Zhejiang University, China

Max von Zedtwitz, Peking University, China

Glauco Arbix, University of São Paulo, Brazil

Henry Yeung, National University of Singapore, Singapore

The first and second conference

The first and second conferences produced special issues of Journal of International Management, European Management Journal, International Journal of Emerging Markets, and International Journal of Technological Learning, Innovation and Development. For further information see the conference website.

Sponsors

Department of International Economics and Management, CBS

Asia Research Centre, CBS

The Danish Society for the Advancement of Business Education and Research (FUHU)