bpsi

Department of International Economics, Government and Business

Bent
Petersen
Professor emeritus


Room: POR/24.A-4.69
E-mail: bp.bhl@cbs.dk
Presentation

Since January 1, 2024, I have been professor emeritus at EGB and external lecturer at BHL. Except for five years as an economist at the Carlsberg Research center, I have been in various academic positions at CBS. I was post doc at HEC, France in 1993 and visiting scholar at University of Queensland, Australia (2000), University of Gothenburg (2008), and University of Southern Denmark (2011). I started as an international marketing researcher focusing on dynamics foreign operation and internationalization processes of firms. By the late 1990s my focus shifted from downstream to upstream processes (global sourcing). My original theoretical basis was transaction cost economics (which permeated my PhD thesis) but has since then spread to contractual economics in general (in addition to TCE, agency theory, and property right theory) with side jumps into the resource-dependence theory, resource-based perspective, real option theory, and value creation logics. All these different theoretical perspectives are brought together in my research and teaching in “strategic contracting”. I have worked with large-N survey data and databases as well as case studies.
 

Primary research areas

The relatively limited research I am doing as professor emeritus is in two areas: (i) strategic contracting in a value chain perspective and (ii) global value chain (re)configuration in a geopolitical perspective.

Administrative tasks
  • Together with my EGB colleague, Flladina Zilja, I am contact person to the Nord-IB network and coordinator of Module IV: “IB in a Political Perspective”. 
  • Together with Kim Østergaard (BHL) I am coordinating the cand. merc. jur. elective course “Strategisk kontrahering i et internationalt virksomhedsperspektiv”.
  • Together with Peter Ørberg Jensen (SI) I am coordinating the cand. merc. elective course “Global Strategy: Managing Risks and Seizing Opportunities in a Turbulent World”.


 

Curriculum Vitae
Social media
Link to this homepage
www.cbs.dk/en/staff/bpsi
Courses
  • “Strategisk kontrahering I et internationalt virksomhedsperspektiv” (cand. merc. jur. elective course).
  • “Global Strategy: Managing Risks and Seizing Opportunities in a Turbulent World” (cand. merc. elective course).
  • Since 2019, I have taught a lecture, “The impact of new technologies on internationalization trajectories of manufacturing and service firms”, in the IBP course “International Business: Market and Non-market Strategies”.
Supervision

In 2025 I will supervise and co-supervise a dozen students in connection to their master thesis. Most of the students have been enrolled in CBS’ Law and Economics program (cand. merc. jur.), and I am supervising these students in relation to the economic part of their thesis - supplementing the juridical supervisor. Since 2019 I have been supervising groups doing their business project in the CEMS program.

Other teaching activities

Since 2022 I have co-authored the following teaching cases:

Hansen, M.W., P.D.Ø. Jensen, S. Minkmar, T. Pedersen, & B. Petersen (2024): Too Good to Go: Bridging the Gap between Sustainability Objectives and Business Goals in the Global Food Industry. The Nordic Case House, Copenhagen Business School/Harvard Business Publishing. Product number CBS067.

Petersen, B. & M. Schrøder (2024): Maersk: Creating an Ecosystem for Green Shipping. The Nordic Case House, Copenhagen Business School/Harvard Business Publishing. Product number CBS065.

Jensen, P.D.Ø., B. Petersen, S. Minkmar, M.W. Hansen & T. Pedersen (2024): GN Audio and the Balancing of Supply Chain Resilience, Cost Efficiency, and Inimitability. The Nordic Case House, Copenhagen Business School/Harvard Business Publishing. Product number CBS049.

Petersen, B. & R.K. Hansen (2024): Maersk’s Business-model Transformation: Building a Bridge over Troubled Water?The Nordic Case House, Copenhagen Business School /Harvard Business Publishing, Boston. Product number CBS039.

Meyer, K. and B. Petersen (2022): Carlsberg Breweries A/S: Facing political risk in Russia. Ivey Publishing, Toronto. Product number W28541.

Petersen, B., T. Ueta, M.S Knauf and A.B. Lauritsen (2022): Maersk’s Non-Market Strategy towards State-Owned Chinese Rivals. Ivey Publishing, Toronto. Product number W25258.

Selected publications
  • Petersen, B. & G.R.G. Benito (2024): ”Making switches: Key strategic decisions when moving from a local, independent operator to a wholly owned subsidiary”, Thunderbird International Business Review. 66(6): 643-653.
  • Rodriguez, C., L. Ciravegna & B. Petersen (2022): “Geographical reconfigurations in global value chains: Search within limited space?” Global Strategy Journal, 13(2): 440-482.
  • Hanh, S.T.P. & Petersen, B. (2021): ”The bargaining power, value capture, and export performance of Vietnamese manufacturers in global value chains”, International Business Review, 30(6): 101829 (1-13).
  • Petersen, B., Benito, G.R.G. & Welch, L.S. (2021): “Foreign operation mode flexibility: Tradeoffs and managerial responses”, International Journal of the Economics of Business, 28(2): 281-307.
  • Benito, G.R.G., B. Petersen & L.S. Welch (2019): “The global value chain and internalization theory”, Journal of International Business Studies 50(8): 1414-1423.
  • Østergaard, K. & Petersen, B. (2018): “The application of hardship provisions in strategic contracting”, Journal of Strategic Contracting and Negotiation, 4(4): 203-218 [DOI: 101177/2055563620907905].
  • Petersen, B. & K. Østergaard (2018): ”Reconciling formal contracts and relational governance through strategic contracting”, Journal of Business & Industrial Marketing, 33(3): 265-276.
  • Laplume, A.O., B. Petersen and J.M. Pearce (2016): “Global value chains from a 3D printing perspective”. Journal of International Business Studies. 47(5): 595-609.
Publications sorted by:
2025
Torben Juul Andersen; Edward Ashbee; Bent Petersen / Back Matter
In: Business and Policy Challenges of Global Uncertainty: European Perspectives. . ed. /Torben Juul Andersen; Edward Ashbee; Bent Petersen. London : World Scientific 2025, p. 453–457
Preface/postscript
Torben Juul Andersen (Editor) ; Edward Ashbee (Editor) ; Bent Petersen (Editor) / Business and Policy Challenges of Global Uncertainty : European Perspectives.
London : World Scientific 2025, 457 p.
Anthology > peer review
Torben Juul Andersen; Edward Ashbee; Bent Petersen / Front Matter
In: Business and Policy Challenges of Global Uncertainty: European Perspectives. . ed. /Torben Juul Andersen; Edward Ashbee; Bent Petersen. London : World Scientific 2025, p. i–xxiii
Preface/postscript
Claes-Göran Alvstam; Liping Jiang; Bent Petersen / The New Patterns of Competition Between Chinese and European Firms in the Global Shipping and Logistics Industry
In: Business and Policy Challenges of Global Uncertainty: European Perspectives. . ed. /Torben J Andersen; Edward Ashbee; Bent Petersen. London : World Scientific 2025, p. 311-355
Book chapter > peer review
2024
Christian Geisler Asmussen; Bent Petersen / Foreign Entry Mode
In: Encyclopedia of International Strategic Management. ed. /Christian Geisler Asmussen; Niron Hashai; Dana Minbaeva. Cheltenham : Edward Elgar Publishing 2024, p. 78–86
Encyclopedia chapter > peer review
Christian Geisler Asmussen; Bent Petersen / Foreign Operation Modes
In: Encyclopedia of International Strategic Management. ed. /Christian Geisler Asmussen; Niron Hashai; Dana Minbaeva. Cheltenham : Edward Elgar Publishing 2024, p. 87–94
Encyclopedia chapter > peer review
Carlos Adrian Rodriguez; Luciano Ciravegna; Bent Petersen / Goal Deviation Responses in Offshoring
In: Proceedings of the Eighty-fourth Annual Meeting of the Academy of Management. ed. /Sonia Taneja. Valhalla, NY : Academy of Management 2024, 1 p. (Academy of Management Annual Meeting Proceedings)
Conference abstract in proceedings > peer review
Bent Petersen; Gabriel R. G. Benito / Making Switches : Key Strategic Decisions When Moving From a Local, Independent Operator to a Wholly Owned Subsidiary.
In: Thunderbird International Business Review, Vol. 66, No. 6, 11.2024, p. 643-653
Journal article > peer review
Bent Petersen; Mathias Sandholt Knauf; Caja Nalepa Petersen; Toshimitsu Ueta / The Digital Silk Road in Support of State-driven Standard-setting : Implications to European Firms.
In: European Journal of International Management, Vol. 23, No. 2-3, 23.5.2024, p. 322-343
Journal article > peer review
2023
Luciano Ciravegna; Carlos Rodriguez; Bent Petersen / Designing Business Units: Efficiency Implications of Geographical and Functional Scope in a Global Value Chain’s Footprint
In: Proceedings of the 65th Annual Meeting of the Academy of International Business. AIB 2023: International Business Resilience under Global Disruptions. . ed. /Kazuhiro Asakawa; Tunga Kiyak. East Lansing, MI : Academy of International Business 2023, 1 p., p. 213 (Proceedings of the Annual Meeting of the Academy of International Business)
Conference abstract in proceedings > peer review
More results... (total 124 results)
Academic Interests

I am member of the European Academy of International Business (EIBA)

Research Projects
Outside activities

No outside activities.