The internationalisation of emerging markets, through inward and outward foreign direct investment, has become a key research agenda as the world’s economic focus shifts from developed nations to emerging markets such as China, India and Brazil.
The Emerging Market Internationalization Research Group is investigating the internationalisation strategies of companies in emerging market as well as those of western multinationals expanding into emerging economies. We explore the unique institutional characteristics of emerging markets, the inherent diversity of institutions, and the consequent challenges and opportunities for Western multinationals.
We aim to become a point of contact for Australian businesses already doing business or interested in entering emerging markets, as well as for companies in emerging markets that have an interest in expanding into Australia.
Meet our academics, researchers and affiliates.
This talk will explore the challenges that digital platforms pose to the conventions of international business scholarship. The organization of digital platforms is described as predicated on the bundling of external resources for collective value creation, to such an extent that a platform’s expansion may follow the logic of externalization. We contrast platform-centric ecosystems with network multinationals in terms of their governance. Building on and extending the theory of the ecosystem, we propose the idea of ecosystem-specific advantages (ESAs). Costs and difficulties in the transfer of such advantages to new markets are analyzed, with particular attention to bottlenecks as a key barrier. We will discuss future research directions with regard to users, suppliers of complementary services, platform owners, and notably, the dynamic process of upgrading ESAs.
Emerging economies are undergoing fundamental macroeconomic changes. The institutional transition coupled with the threat of competition by multinational companies has compelled many companies in emerging market to undertake strategic transformation.
Speakers: JT Li (HKUST), Jane Lu (CEIBS), Daphne Yiu (CUHK), Chris Ahmadjian (Hitotsubashi), Ajai Gaur (Rutgers), Lin Cui (ANU), Tao Bai (XJTLU)
University of Sydney participants: Vikas Kumar, Wu Zhan, Gracy Yang, Chinmay Pattnaik, Yi Li
The Asia Academy of Management and the Taiwan Academy of Management invited papers for the joint conference on the role of context in theory building and exploring new ideas.
Asia Academy of Management (AAOM) and Asia Pacific Journal of Management (APJM) conducted a paper development workshop during the Asia Academy of Management Regional Symposium.
The University of Sydney Business Business is the External Partner for the 3rd Pan IIM Conference.
The purpose of this workshop was to address the issue of internationalization of business groups from two of the world's largest EEs: China and India.
The rise of India, particularly after its dismantling of the license raj, has led to a renewed interest not only among corporate executives but also among business scholars.
India's rise in the global economy has generated interest among corporate executives worldwide as well as management, international business and strategy scholars.
Emerging market firms (EMFs) are increasingly gaining prominence in the global economic arena as a result of the following three inter-related phenomena.
India, with its large billion plus population and ‘growing middle-class’, is perceived as the next major market where the battle for digital dominance can still be won. Accordingly, leading digital players in India (both global and local) are attempting to imitate the US and Chinese tech titan’s strategies and outcomes.
Microfinancing aims to give recipients opportunities to build their businesses and escape poverty. However, prior research documents that funds are often not used for business. We investigate the effects of individual and situational factors of microfinance recipients and their interactions with situational factors in determining how the funds will be used.
Changing patterns of foreign direct investment from developed and emerging economies
Many countries embarked on the path of globalisation in the past three decades. This period witnessed greater world trade, international flow of capital and other resources, as well as growing knowledge and technology sharing among developed and emerging economies. This presentation analyses the changing patterns of foreign direct investment flows from both developed and emerging economies.
Internationalisation and corporate governance: A study of Indian family-owned business groups
The current research into the relationship between internationalisation and corporate governance practices in emerging markets broadly indicates a positive relationship. This paper attempts to elaborate how these relationships emerge and to understand the relationship between corporate governance practices and internationalisation using qualitative research methods in the context of family-owned business groups in India.
This workshop showcases current research into public policymaking in contemporary India. Papers canvass developments in a variety of public policy domains including renewable energy, employment, consumer protection, credit and food security.
This presentation outlined the Investigating Merit Pay across Countries and Territories (IMPACT) project, a global study of the psychological reactions to pay increases.
How do digital start-ups internationalise their digital innovations in cyberspace, and what strategies can facilitate their international expansion?
In May 2014, India ushered in a new era with a centre-right alliance forming the largest majority government in 30 years, paving the way for widespread reforms. This talk briefly delves into some of these reforms and what implications they will have in the short, medium and long-term for the Indian economy.
Besides liabilities of foreignness, emerging market multinational enterprises face additional legitimation challenges because of liabilities of origin. We examine whether conducting corporate social responsibility activities in a home country could facilitate emerging-market multinationals' internationalisation through gaining legitimacy from global stakeholders.
Exploring the impact of immigration on national differences in Latin America; subcultural differences within nations; unique competitive strategies developed by Latin American multinationals; and coping with economic and political uncertainty. Professor Robertson has focused on Latin America for more than two decades, has lived in Ecuador and Peru, and returns to the region multiple times each year.
Research and innovation-based networks of transnational companies that were earlier confined to North America, Europe and Japan have expanded into emerging markets. What are the linkages of foreign R&D centres with Indian institutions and companies? What is their impact on Indian companies? How are Indian firms linked with global innovation chains?
Extending knowledge of consumer behaviour and international marketing by delving deeper into the underlying process that links karma to materialism. Positing that international marketers and multinationals focusing on the growing Indian middle class may like to embody both karmic belief and materialistic values in their efforts to appeal to Indian consumers.
Discussing the drivers, motives, and internationalisation strategies of Turkish companies and evaluating the adequacy of theoretical perspectives in international expansion.