In the beginning of April Margrethe Vestager the EU competition chief urged European countries to protect companies from potential Chinese takeovers during the Covid-19 pandemic. Despite the current situation, mergers and acquisitions by emerging markets multinational enterprises (EMNEs) are not a new phenomenon. Often, such foreign direct investments (FDIs) have knowledge-seeking motives, i.e. emerging market companies aim at acquiring technical knowledge with the investment.
In this episode, I discuss this phenomenon with Roberta Rabellotti, Professor of Economics at the University of Pavia in Italy. Roberta has been looking into such acquisitions and which effect they have on EMNEs innovation performance.
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