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Natural Resources in emerging markets: international business and co-evolutionary institutional change

This research programme is work in progress at an early stage (currently March 2023). Comments and suggestions are always welcome.

Natural resources have always been a very important criterion for economic development. In the future, we can expect natural resources to become even more important (see e.g. rare earths) and its industries to become even more dynamic with innovations and technological change (e.g. new mining projects, new urban mining technologies, new refining technologies, new uses of natural resources). The prospected ‘greening’ of economic activity will further shake up natural resource industries in ways that are as yet still unknown (e.g. CO2 mining) – these challenges will demand ability to constantly adjust and transform. If less developed economies with a large supply of natural resources are to stand to benefit from these processes, then they need access to technology as well as capital and a safe and stable institutional framework in their home locations and possibly supportive institutions in home countries as well. The two interrelated predicaments of access to capital with its technology and effective institutions are the overarching leitmotivs of the research programme.

Ideas for reserach projects within this programme

 

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