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    Third Conference on Emerging Market Multinationals: Looking Back, Looking Ahead

    August 4, 2012 at Northeastern University

    Organizers: Alvaro Cuervo-Cazurra and Ravi Ramamurti

    The Third conference on Emerging Market Multinational Enterprises (EMNEs) was held at Northeastern University on August 4, 2012. It built on the first conference organized jointly with the Wharton School in June 2007 and the second conference organized with Cambridge University, University of Sao Paulo and Fundacao Getulio Vargas in March 2011. The aim of this conference was to explore the theoretical issues raised by EMNEs. It was organized by Northeastern U. professor Alvaro Cuervo-Cazurra and Ravi Ramamurti and also featured Dan McCarthy and Sheila Puffer as session chairs.

    The conference speakers were senior professors who are leaders in this field (see program below). Among them were seven Fellows of the Academy of International Business, the incoming President of the Strategic Management Society, and two past Presidents of the Academy of International Business. More than 70 junior faculty members and PhD students from around the world attended the full-day conference. Like previous conferences, this one is expected to lead to a book published by a reputable university press.

    The conference consisted of four panels featuring leading scholars in the field, as follows:

    Panel 1: Evolution of the EMNE Literature

    Chair: Sam Park, Slolkovo Moscow School of Management, Russia
    Yair Aharoni, Tel Aviv University, Israel
    Donald Lessard, Massachusetts Institute of Technology, USA

    Panel 2: Transformation of EMNEs for Global Competition

    Chair: Bernie Wolf, York University, Canada
    Helena Barnard, University of Pretoria, South Africa
    Robert Hoskisson, Rice University, USA
    Klaus Meyer, China Europe International Business School, China
    Ram Mudambi, Temple University, USA

    Panel 3: The Global Expansion of EMNEs

    Chair: Dan McCarthy, Northeastern University, USA
    Maria Tereza Fleury, Fundacao Getulio Vargas, Brazil
    Afonso Fleury, Universidade de Sao Paulo, Brazil
    Torben Pedersen, Copenhagen Business School, Denmark
    Peter Williamson, University of Cambridge, UK

    Panel 4: The Study of EMNEs and Theory Development

    Chair: Sheila Puffer, Northeastern University, USA
    Jean-Francois Hennart, Tilburg University, Netherlands
    Rajneesh Narula, University of Reading, UK
    Alan Rugman, University of reading, UK

    Conclusions: What Next?

    Alvaro Cuervo-Cazurra, Northeastern University, USA
    Ravi Ramamurti, Northeastern Univeristy, USA

    ConferencesParticipants in the panel of business school deans’ views on the informal economy at the 2012 Academy of Management meeting in Boston. L to R: Sheila Puffer (NU), Harry Lane (NU), Carl Fey (U. of Nottingham in Ningbo, China) , Ajit Rangnekar (Indian School of Business), M-T Fleury (FGV, Brazil), Dan McCarthy (NU), and Anna Gryaznova (Moscow State U.)

    Conference on the Competitive Advantage of Emerging Market Multinationals

    Competitive Advantage of EMM ConferenceOn March 25-27, 2011, Northeastern University co-sponsored, along with Cambridge University and the University of Sao Paolo, a conference on the competitive advantage of Emerging Market Multinationals. The event was held at the Judge Business School, University of Cambridge, UK. The conference focused on questions related to globalization and emerging markets. Traditionally, much of the focus on the globalization of business has focused on Europe, the USA and Japan, but in 2009 roughly one quarter of all global Foreign Direct Investment (FDI) emanated from emerging markets. This conference hoped to shed light on how emerging market multinationals (EMNE) are able to compete with more established multinationals by focusing on the shift from country to firm-specific advantages. Panelists and discussants examined the impact of innovation, the use of M&As to access new resources and the ways in which EMNE’s have developed new ways to configure their international value chains in the context of Brazil, Russia, India and China.

    Event organizers were: Professor Peter Williamson of Judge Business School, Cambridge University; Ravi Ramamurti of Northeastern University; Professor Afonso Fleury, University of Sao Paulo; and Maria Tereza Fleury, FGV, Brazil. Northeastern University faculty members who participated in the conference included Prof Ravi Sarathy, Sheila Puffer, and Alvaro Cuervo-Cazurra.

    Workshop on Managing the Use of Favors in a Global Economy

    On October 14 and 15, 2010 the Center for Emerging Markets and the College of Business Administration co-sponsored a workshop on managing the use of favors in a global economy. The event was organized and hosted by Professor Sheila Puffer, Walsh Research Professor and Cherry Family Senior Fellow of International Business and Professor Daniel McCarthy, McKim-D’Amore Distinguished Professor of Global Management and Innovation. The workshop brought together leading scholars from a wide range of fields and different universities “whose research is relevant to the development of a new research on the nature and use of favors in a global economy, with emphasis on the emerging markets.”

    CEM Co-Sponsors International Workshop on Anti-Corruption Training Materials, May 22-24, 2011

    passas pic2Under the leadership of Professor Nikos Passas of the School of Criminology and Criminal Justice, this international workshop aims to bring together eminent experts in the field of anti-corruption, representing a wide range of emerging economies and prominent international institutions and organizations, such as the United Nations.. To jump start the expert group’s deliberations, a baseline syllabus and a database containing relevant bibliographies and support materials with module suggestions for different audiences was prepared by the School of Criminology and Criminal Justice, in collaboration with the Law School, the Center for Emerging Markets and the College of Business Administration of Northeastern University. Faculty from the three NU colleges supported the deliberations. The objective of the meeting was to discuss both the substance and the structure of the draft academic program, and to ensure its adaptability and applicability in countries worldwide. The consultation process initiated by this first expert group meeting in Boston endeavored to produce academic material designed for students, and will be offered as an educational tool contributing to the prevention of corruption in emerging markets around the world.