in partnership with The Singapore Economic Development Board
INSEAD, in partnership with the Singapore Economic Development Board (EDB), announces the launch of the Emerging Markets Institute (EMI) at its Asia campus in Singapore. Combining the intellectual capital and global reputation of INSEAD with the foresight and innovation that is characteristic of Singapore, the EMI will address the pressing problems continuing to face corporations, entrepreneurs, academics and governments today – the lack of comprehensive and contemporary knowledge on these countries and trained talent to effectively leverage their enormous opportunities.
Ilian Mihov, Dean of INSEAD, said: “Emerging markets continue to be crucial to global economic growth and recovery. As such, the establishment of the Emerging Markets Institute in Singapore is a natural progression for INSEAD. As a truly global business school, we are always at the forefront of ground-breaking research in tune with changing market realities. The EMI will provide valuable resources not only for academic institutions, but also for governments and businesses.”
Providing new data and cutting edge research, the EMI will develop one of the most comprehensive and complete research facilities analysing emerging markets in the world today.
Kelvin Wong, Assistant Managing Director of New Businesses at Singapore Economic Development Board, commented, “The EMI is a welcome addition to the Singapore landscape to drive the development of knowledge, insights and talents on emerging markets in Asia. This in turn strengthens Singapore’s position as the Global-Asia business hub, through which companies can better access pan-Asian growth markets. By providing a new data service on emerging markets, and addressing critical business issues such as strategy and innovation, the EMI is well-placed to help companies in understanding and competing effectively in these markets.”
This is echoed by V. “Paddy” Padmanabhan, Academic Director of the EMI and the John H. Loudon Professor of International Management at INSEAD, he added: “Singapore’s sterling reputation as a global center of trade, talent and knowledge, combined with its geographical proximity to some of the world’s most rapidly growing markets, make it the natural location for the EMI. The city-state has become the launch location for many businesses that seek a soft landing into Asia. The EMI will be the locus of cutting edge research capable of attracting the world’s best minds to focus on better understanding these economies which are leading global growth.”
The EMI will feature the Global Asia Fellowship Programme which will bring together leading academics and senior corporate executives with growth market experience to perform and guide research, particularly on topics related to the drivers, challenges and opportunities in Asian emerging markets.
Vinika Devasar Rao, Executive Director, EMI, commented: “EMI’s mandate is to become the leading think-tank on business management and economic development in emerging markets. The lack of trained talent with the ability to face the special challenges of growth markets continues to impede business success. We find an increasing number of companies sending their managers to INSEAD for executive development courses designed to address the specific issues of fast growing markets. The EMI will include an Emerging Markets Case Center which will focus on real emerging market successes and failures, for use in the classroom. ”
EMI-hosted events, conferences and symposia will create dialogue and knowledge-sharing between business executives, regional government organisations and academics.
For more information: http://centres.insead.edu/emerging-markets-institute/index.cfm
