Technology Driven FDI from Emerging Countries: Challenges and Opportunities for Europe

May 28th-29th 2015
Scuola Superiore Sant'Anna, Pisa, Italy

The workshop is organized by Laboratory and Management, Scuola Superiore Sant'Anna, Pisa, Italy in collaboration with Department of Political and Social Sciences, Università di Pavia, Italy.


Multinational companies from emerging economies (EMNCs) are becoming major players in the globalised world economy and are exerting growing influence on the economic dynamics of developing and advanced countries. In particular, Europe currently attracts more than a third of Outward Foreign Direct Investments (OFDI) from Brazil, Russia, India, China and South Africa and such trend is deemed to grow more.

Such impressive dynamism has led scholars to ask whether EMNCs are progressing from production to innovation, and catching up with respect to advanced countries’ firms. Data on innovation in emerging markets show increasing business R&D expenditures (especially in India and China), and an exponential growth of EMNCs’ patent applications. Moreover, companies from emerging economies are becoming increasingly connected to international production and innovation networks. Indeed many of EMNCs’ FDI to advanced countries are undertaken with the aim of acquiring technologies and other important knowledge assets (i.e. technology driven FDI), which are often unavailable in their home countries. Whereas European (and other advanced) countries hit by the financial crisis, and by a long period of very low economic growth, welcome this new wave of investments, there is also a growing and generalized concern and fear of losing control of highly strategic assets.

A critical challenge is therefore to understand the extent to which OFDI from emerging markets towards Europe – and other advanced countries alike – do represent a challenge or an opportunity. Furthermore, it is important to assess the gains that home countries obtain as a result of their firms’ technology driven FDI in Europe and elsewhere. From a European perspective, it is also impellent to understand what types of investments policies (i.e. treaties and investment agreements) are more useful to promote innovation and growth in the European receiving countries.

The aim of this workshop is to address a set of questions related with EMNCs technology driven FDI and their economic impacts on the home and host countries.

Topics of interest include (but are not limited to):
  • The strategies of international expansion, modes of entry and motivations of EMNCs, with a particular focus on technology driven FDI from emerging countries to advanced countries;
  • The drivers, nature and consequences of EMNCs’ technology driven FDI;
  • The Liability-of-Foreignness and/or Liability-of-Origin problems connected to EMNCs technology driven FDI in Europe and in other advanced countries;
  • The new trends in patenting behaviours of EMNCs investing in Europe and other advanced countries;
  • The innovative impact of EMNCs investments on taken-over firms in Europe (and elsewhere);
  • The impact of EMNCs technology driven FDI on the innovation capacity of their home countries;
  • The role of host and home countries’ Government policies in influencing EMNEs technology driven FDI;
  • Bilateral and multilateral investment policies in Europe and in other advanced countries in the face of growing OFDI from emerging markets. Theoretical, empirical (both quantitative and case-based), and policy-oriented papers alike are welcomed.
Theoretical, empirical (both quantitative and case-based), and policy-oriented papers alike are welcomed.

Key-note speakers

The invited key-note speakers are
  • Giovanni Dosi (Scuola Superiore Sant'Anna): "The (timid) come back of industrial policies in the policy debate"
  • Ram Mudambi (Temple University): "Connected cities: Global connectivity and local outcomes"
  • Torben Pedersen (Bocconi University):"Emerging Markets: Implications for Practice and Theory"

“International Journal of Emerging Markets” Best Paper Award

The International Journal of Emerging Markets (IJoEM) will confer a “Best Paper Award” to the author(s) of a full paper presented at the workshop. The selection of the best paper is responsibility of the workshop Scientific Committee and of the discussants based on the quality and originality of the paper.

Call for papers

Scholars who wish to present a paper at the workshop are invited to submit an extended abstract not exceeding 2,500 words to the email: no later than March 1st, 2015.
All submissions will be peer reviewed. A selection based on quality, novelty and relation to the workshop theme will take place to guarantee a small-scaled event. By March 15th, 2015 authors will be notified whether their paper is accepted for presentation at the workshop.
Scholars whose abstracts have been accepted are expected to submit a full paper no later than 5th of May 2015.

Grazia Santangelo, Stefano Elia and Davide Castellani will act as discussants of the papers presented in the workshop.

As part of the conference, post-conference publications opportunities of submitted papers will be explored.

Registration & fee

There are no conference fees. As the workshop intends to build a network in this research area, participation is welcome even without paper contributions. Participants should register by writing to or using the on-line form.

Conference Venue and Travelling

How to arrive at the Laboratory of Economics and Management, Sant’Anna School of Advanced Studies, Pisa. Map

How to arrive:
By plane: Pisa Airport is connected to many domestic and international destinations on a daily basis. More information on the Airport website .
From the airport take the LAM Rossa bus (public transportation, fare is €1.20 for 70 minutes) with destination “Torre – Park Pietrasantina – S. Jacopo” and get off at “Stazione FS” stop (trip is around 5 minutes). Then follow indications below. A taxi ride from Pisa Airport to the Sant’Anna School of Advanced Studies is around 20 Euros and takes 15 minutes.
By train: Pisa Central station is frequently connected to major Italian cities (e.g. Florence, Rome, Milan, Turin, Genoa). Check schedules and fares on the national railways website . From Pisa Central station take the no. 4 bus (public transportation, fare is €1.20 for 70 minutes) with destination “I Passi” and get of at “S. Caterina” stop (trip is around 11 minutes). The School is less than 100 meters walking distance.


We recommend workshop participants to book the hotel as soon as possible as there are other concurrent events in Pisa during the dates of the workshop. Nearby hotels include (all within walking distance - max 15 min): These hotels have special rates for Sant’Anna, please ask for them when booking. However, booking online with some advance is often cheaper, and you could also choose among nice B&B and other hotels. Pisa is rather small and most places in the centre of the town are at walking distance from the Scuola Sant’Anna.

Important Dates

Extended abstract submissions: March 15th 2015
Notice of acceptance: March 31st 2015
Conference registration and paper submission: May 5th 2015

Scientific Committee

  • Vito Amendolagine, Department of Political and Social Sciences, Università di Pavia
  • Elisa Giuliani, Department of Economics and Management; University of Pisa and CIRCLE, University of Lund
  • Arianna Martinelli, CNR and Scuola Superiore Sant'Anna
  • Roberta Rabellotti, Department of Political and Social Sciences, Università di Pavia

Contacts: The Organizing Committee

Elisa Giuliani mailto
Arianna Martinelli mailto
Vito Amendolagine mailto
For more information, please contact


  • Riksbanken Jubileumsfund (EU and Global Challenges Program)
  • Scuola Superiore Sant'Anna