It is our great pleasure to welcome you to the 2016 SMS Special Conference in Hong Kong! Hong Kong is a fascinating, vibrant, and international city that blends the East and West. Hong Kong is also the gateway of China, a country with amazing growth in the past three decades, which puts Hong Kong as one of the most dynamic cities in the world.
Asia has been an engine of global economic growth in past decades, yet now it faces various challenges, especially in terms of massive transformation in its fundamental economic, social, political, and legal institutions. The recent economic slowdown and anti-corruption campaign in China, for example, has profoundly shaped the ways of doing business there. Meanwhile, the rapid growth of the Internet in Asia offers both challenges and potential opportunities for Asian firms to leap-frog their counterparts in North America and Europe. Interestingly, most of the international internet giants such as Amazon and Google are now facing strong competition from Asian competitors such as Alibaba and Baidu. And Asian firms are taking proactive and sometimes highly risky approaches such as mergers and acquisitions to globalize their operations, as shown by Tata’s acquisition of Land Rover and Jaguar and Geely’s acquisition of Volvo.
Given these substantial challenges, we have developed the 3-Is (Institutions, Innovation, and Internationalization) as the theme for this special conference and call for contextualizing strategic management research and practice in Asia. What innovation models are particularly effective in Asian societies? What are the unique challenges of internationalization facing emerging market firms? How should local and multinational companies approach corporate social responsibility and sustainable development? How can we, as strategy scholars, contextualize such challenges and advance our theoretical development?
We encourage proposals that address these challenges and identify new ways of strategic management in Asia. We particularly welcome proposals that explore the limits of applying existing theoretical perspectives in Asia, develop Asia-specific management theory, and propose new theories tailored for Asian contexts. We hope that you will join us to exchange intellectual ideas while enjoying the wonderful scenarios, delicious cuisines, and unique culture in Hong Kong!