RESEARCH SEMINAR IN MANAGEMENT SCIENCE

Anoop Madhok

Professor of Strategy

Schulich School of Business, York University

Acquisitions as entrepreneurship: asymmetries, opportunities and the internationalization of multinationals from emerging economies

Wednesdays 18th of May 2011, from 12:00 to 13:30
Colegio Universitario de Estudios Financieros
Sarrano Anguita 8, Madrid, 28004
Seminar Theatre (Room 12)

We investigate the rapid internationalization of many multinationals from emerging economies through acquisitions in advanced economies. We view these acquisitions as an act and form of entrepreneurship, aimed to overcome the “liability of emergingness” and serve as a mechanism for competitive catch-up through opportunity seeking and capability transformation. Our explanation emphasizes unique asymmetries (and not necessarily advantages) of emerging multinationals due to their historical and institutional differences with developed economy multinationals, as well as a search for advantage creation when firms possess mainly ordinary resources. The argument shifts the focus from advantage to asymmetries as the starting point for internationalization.

Anoop Madhok is a Professor of Strategy at the Schulich School of Business, York University, Toronto. His research interests span strategy and international management and include topics such as multinational firm strategy, foreign market entry, strategic alliances, trust and interfirm collaboration, and the theory and boundaries of the firm. His work has been published in the Academy of Management Journal, Strategic Management Journal, Organization Science, Journal of International Business Studies, Management International Review. He serves on the editorial review board of Strategic Management Journal, Journal of International Business Studies, Journal of Management, Journal of International Management and Journal of World Business. He has also been identified as one of the top contributors worldwide in international strategic management research and recognized as one of eight scholars whose work was recognized for being both prolific and influential in this domain.

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To confirm your attendance and for any question related to the seminar, please contact Prof Marinelli (fmarinelli@cunef.edu).