The Fourth Copenhagen Conference on: 

'Emerging Multinationals': Outward Investment from Emerging Economies

Date: 9-10 October 2014
Venue: Copenhagen Business School, Denmark

This year’s conference welcomes all papers related to the broad conference
theme of outward investment from emerging economies. In addition, the
conference particularly invites papers related to home country effects.

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.

All papers related to the broad conference theme are welcome. In addition,
this year’s conference particularly solicits papers with a focus on home
country-related aspects of outward investment from emerging economies. There
are significant opportunities for improving our understanding of how home
country environments affect processes and outcomes that drive EMNCs, and
thus to advance theories of the multinational enterprise. Consequently, we
invite empirical and theoretical work addressing these complex relationships
between various forms of home country environmental heterogeneities and EMNCs.

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 ‘home country effects’ as a special but not
exclusive theme.
• How do the institutional framework and the resource endowment of the home
country influence the patterns and processes of organizational learning and
capability building that enable investments abroad? 
• What are the dynamics of motives with which EMNCs invest abroad, which
strategies do they pursue and which challenges do they face?
• From a co-evolutionary perspective, what are the dynamics of the
interrelationship between institutional change and corporate strategy? How
do EMNCs leverage their experience abroad to impact institutional
development at home?
• Are internationalization patterns and strategies of EMNCs qualitatively
different from what we know from extant theories?
• How do EMNCs leverage political and social ties at home to access and
compete in foreign markets, especially developed country markets?
• How are home economies affected by the internationalization of domestic
firms? Should home countries pursue particular policies to accelerate or
otherwise influence their OFDI?
• 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 EMNCs and OFDI affected by the lingering global stagnation –
globally and regionally and at the level of countries, sectors and firms?
• 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?
• What distinguishes international investment strategies by state-owned and
privately owned EMNCs? Is government ownership enabler or liability in
• 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

Submission of paper deadline: 13 June
Paper acceptance/rejection: 27 June
Registration & submission of final paper: 1 September
Conference: 9-10 October

Please email your paper as an MS Word document to Helle-Merete Hagedorn,
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Accepted papers will be uploaded to an ‘electronic proceedings’ on the
conference website. 

As part of the conference, post-conference publications opportunities of
submitted papers will be explored.

The previous conferences have produced special issues of Journal of
International Management, International Journal of Technology Management,
European Journal of Management, International Journal of Emerging Markets,
and International Journal of Technological Learning, Innovation and Development.

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

For further information contact:

Peter Gammeltoft
Department of International Economics and Management
Email: [log in to unmask]

Visit also the conference website:

Peter Gammeltoft, Department of International Economics and Management
Bersant Hobdari, Department of International Economics and Management

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