Multinational companies from emerging and developing economies (EMNCs) are becoming major players in the globalized world economy and are likely to wield growing influence on economic dynamics in OECD, emerging, and developing countries alike. Host OECD countries will increasingly need to engage with the array of challenges and opportunities presented by emerging-economy multinationals seeking access to their markets and assets. A number of recent high-profile and controversial cases illustrate that the ascent of EMNCs onto the world stage will not necessarily be entirely without frictions.
Yet, in spite of the media attention towards investments into the OECD, important immediate impacts of outward direct investment from emerging and developing economies (OFDI) are likely to be felt also in developing host countries, where investments from other emerging and developing economies constitute more and more important complements to investment flows from OECD countries (South-South investments). No less important will be the effects in the home countries of the outward investing firms themselves. The contemporary rise of outward investment from emerging and developing countries remains insufficiently analyzed, both empirically and theoretically.
The emergence of MNCs from emerging and developing economies raise a wide range of challenges for theorists, business strategists, and policymakers alike, for example:
- Why do companies from emerging and developing economies (EMNCs) invest abroad, how do they do it and which challenges do they face?
- 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?
- Which internationalizations patterns and strategies do EMNCs pursue? Are these qualitatively different from what we know from the received literature?
- How does EMNC behavior vary between different industries and why?
- How does the rise of EMNCs influence global competition in different industries?
- Do EMNCs differ from industrialized-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?
Submission of short abstract:
Submission of full paper:
Submission of revised paper:
15 May 2008
1 July 2008
1 August 2008
1 September 2008
For further information contact:
Department of International Economics and Management
Porcelænshaven 24; 2000 Frederiksberg
Due to the generous financial support extended by the conference sponsors there is no conference fee for presenters but registration is necessary. Food and refreshments will be provided by the conference.
Submitted papers will be subject to a double-blind review process. The best papers will be considered for publication in a journal special issue or an edited book volume. Please email your paper as an MS Word or PDF document to Peter Gammeltoft (email@example.com). The names, affiliations, and contact information of all authors should be noted only on a separate cover page. Accepted papers will be uploaded to an ‘electronic proceedings’ on the conference website.
Department of International Economics and Management, Copenhagen Business School
- The Danish Social Science Research Council (FSE)
- Copenhagen Business School (CBS)
- Knud Højgaards Fond
- Hedorfs Fond
- The Asia House Foundation
- Asia Research Centre (ARC), CBS
- Center for International Business and Innovation (CIBI), CBS
- Dr. Helena Barnard, Gordon Institute of Business Science, South Africa
- Prof. Kjeld Erik Brødsgaard, Asia Research Centre, Copenhagen Business School (CBS), Denmark
- Prof. Anthony D’Costa, Asia Research Centre, CBS, Denmark
- Prof. Jens Gammelgaard, Department of International Economics and Management, CBS, Denmark
- Prof. Peter Gammeltoft, Department of International Economics and Management, CBS, Denmark
- Mr. Andrea Goldstein, Senior Economist, OECD Development Centre, France
- Prof. Lars Håkanson, Department of International Economics and Management, CBS, Denmark
- Dr. Ling Liu, School of Management Studies and Economics, University of Edinburgh, UK
- Prof. Bengt-Åke Lundvall, Aalborg University, Denmark
- Prof. Klaus Meyer, University of Bath, UK
- Prof. Niels Mygind, Department of International Economics and Management, CBS, Denmark
- Ms Asta Dis Oladottir, University of Iceland, Iceland
- Prof. Marina Papanastassiou, Department of International Economics and Management, CBS, Denmark
- Prof. Bent Petersen, Center for Strategic Management and Globalization, CBS, Denmark
- Dr. Jaya Prakash Pradhan, Institute for Studies in Industrial Development (ISID), India
- Prof. Rajah Rasiah, Faculty of Economics & Administration, University of Malaya, Malaysia
- Dr. Paz Tolentino, Department of Management, Birkbeck College, UK
- Prof. Verner Worm, Asia Research Centre, CBS, Denmark
- Prof. Max von Zedtwitz, School of Economics and Management, Tsinghua University, China