The Future of Transnationalization for Emerging Market Companies (Five Diamond International Conference)

Date: August 18, 2009
Location: Nova Lima, Brazil

This was the second conference in the Five Diamond Conference Cycle, jointly organized by Fundação Dom Cabral (Brazil), Fudan University (China), the Indian School of Business (India), the Moscow School of Management SKOLKOVO (Russia), and the Vale Columbia Center on Sustainable International Investment at Columbia University (United States). The Five Diamond conferences address issues raised by the remarkable rise of outward-investing multinational firms from emerging markets: for the firms themselves, for their host countries and for their home countries.

This particular event in Brazil focused on the future of transnationalization as seen specifically from the corporate perspective. The three core round tables addressed issues such as transnationalization and value creation, communication barriers and ethical dilemmas in working in other countries, and the role of knowledge and technology in successful transnationalization. There were also panel discussions that put the current global crisis in a historical perspective and drew lessons and directions for emerging market multinationals. (In photo, from left to right: Ajit Rangnekar, Karl P. Sauvant, Paulo Resende, Emerson de Almeida, Xiongwen Lu.)