’Emerging Multinationals’: Outward Foreign Direct Investment from Emerging and Developing Economies

9-10 October 2008, Copenhagen Business School

Department of International Economics and Management

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.

Topics

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 ofdomestic firms? Should home countries pursue particular policiesto accelerate or otherwise influence their OFDI?

• Which internationalizations patterns and strategies do EMNCspursue? Are these qualitatively different from what we know fromthe received literature?

• How does EMNC behavior vary between different industries and why?

• How does the rise of EMNCs influence global competition indifferent 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?

Important dates

Submission of short abstract: 15 May 2008

Submission of full paper: 1 July 2008

Paper acceptance/rejection: 1 August 2008

Submission of revised paper: 1 September 2008

Submission

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 (pg.int@cbs.dk). 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.

Registration fee

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.

Further information

For further information please contact:

Peter Gammeltoft

Department of International Economics and Management

Porcelænshaven 24; 2000 Frederiksberg

Email: pg.int@cbs.dk

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

Organized by

Department of International Economics and Management, Copenhagen Business School

Sponsors

The Danish Social Science Research Council (FSE)

Copenhagen Business School (CBS)

Asia Research Centre (ARC), CBS

Center for International Business and Innovation (CIBI), CBS

Scientific Committee

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

Dr. 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

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

For more information visit the conference website .