The rise of India, particularly after its dismantling of the license raj, has lead to a renewed interest not only among corporate executives but also among business scholars. Academic studies, international institutions and consultancy firms have well documented the results of these structural shifts on the Indian growth story. However, there is a paucity of studies examining the transformation of private and state-owned enterprises in India following the paradigm shift in the macro-economic environment. Anecdotal evidence from the business press points towards the dynamism of Indian firms in terms of success in international markets, innovation models, and governance structures, among others.
The objective of this conference, organised by the Indian Institute of Management in Kozhikode is to develop our understanding of the strategies of firms as India emerges to become an economic superpower. Specifically, this conference aims to put the focus on theoretically novel and managerially relevant research in the areas of innovation, internationalisation, entrepreneurship, organisational structures, adaptability to the global financial crisis and governance issues within the context of India. The conference will be held December 27-28, 2012 in Kozhikode, India.
We invite submissions that explore some of the following themes (but not limited to):
- Unique management practices and styles of Indian firms as compared to firms in other emerging economies. Can some of the management practices followed by Indian firms be adopted by firms in developed economies? Conversely, are there some unique management practices that are followed by firms operating in developed economies that can be of significance to Indian firms? These practices can be in diverse fields such as innovation, distribution, marketing, promotion and others
- Business groups are ubiquitous in the Indian economy. The dominant explanation for the existence of business groups is that they fill up institutional voids in the macro-environment. Post 1991, the macro-environment has undergone significant changes with some of the institutional voids being filled up. However, not only have many old business groups continued to thrive but also new business groups have emerged. This calls for a renewed research on Indian business groups. What organisational transformation strategies have some business groups adopted for their long term competitiveness in a dynamic institutional environment?
- In today's globalised world, internationalisation has been used by many Indian firms as a dominant growth strategy. Indian firms are unique in their internationalisation strategies as compared to firms operating in developed economies. For example, unlike firms operating in developed economies Indian firms do not internationalise from a position of strength in the domestic market, but to overcome the disadvantages they face by operating only in domestic markets. Such uniqueness has the potential for theoretical extensions of International Business theories. How can studies on internationalisation of Indian firms contribute towards enriching and strengthening existing International Business theories?
- The global financial crisis was a dramatic change agent worldwide. Although its impact was subdued for Indian firms, many did react by incorporating new strategic initiatives. What are some of the implications of this crisis on the management and strategies of Indian firms? What lessons have Indian firms learnt through their experience of this crisis?
- One of the important aspects of the Indian economy is its vibrant entrepreneurship. Understanding the uniqueness of the Indian entrepreneur would not only enrich the literature on entrepreneurship but also help new firms to copeup with established players. Specifically, what are the unique business models for Indian new ventures? How can firms in developed economies leverage Indian entrepreneurs to do business in India?