163: Theories of State Capitalism (12766)

Friday, August 9, 2024

14:00 – 15:30 CT (GMT-5/UTC-5)

Location: Hyatt: Stetson Suite F

Session Number: 163
PDW (workshop)
Orientation: International,Research
Shareable link: https://cdmcd.co/PndDw7

Organizer(s)

IO

Ilya Okhmatovskiy

Nova SBE, U. Nova de Lisboa, Portugal

Panelist(s)

BB

Brian Boyd

Northern Arizona U., United States
AC

Alvaro Cuervo-Cazurra

Northeastern U., United States
AG

Anna Grosman

Loughborough U., United Kingdom
JK

Jette Steen Knudsen

Tufts U., United States
GS

Gerhard Schnyder

Loughborough U., United Kingdom
GW

Geoffrey T. Wood

U. of Western Ontario, Canada

The resurgence of various manifestations of state capitalism led to renewed scholarly interest in deriving, developing, and extending theoretical explanations for the behavior of state-owned firms, statist policy turns, and new forms of business-government relations. Management scholars have responded to this demand often through the application of familiar management theories. However, most management theories are firmly rooted in the experience of advanced economies, and many assume declining state interventions in markets. To explain modern forms of state capitalism – including those that have gained prominence in emerging economies, as well as the statist turn in a number of mature economies – more theoretical and empirical studies are needed to develop a contextual, contingent, and nuanced view of state capitalism that is management- and firm-centered. The participants of this PDW will discuss relevant theoretical perspectives from management, international business, and adjacent social science disciplines to identify boundary conditions of existing theories and opportunities for theory sequencing, proliferation, extension or development. The ultimate goal of this PDW is to stimulate theorizing about firm behavior in the context of active state involvement in the functioning of markets.

No registration is required for this PDW.