On June 24-27, Academy of International Business (AIB) conference took place at Copenhagen. The article “Political Capital as a Spatially-Bounded Asset: Location-Specificity, Mobility and Firms’ International Strategies” was selected as one of ten best articles of the conference.

It was written by Lilac Nachum, professor of Department of Marketing and International Business of City University of New York, Rajeev Sawant, assistant professor of Department of Management of Florida Atlantic University, and Andrei Panibratov, Professor of Department of Strategic and International Management of GSOM SPbU. They developed a theory that offers a means to conceptualize the distinctive nature of political capital in the context of internationalizing firms.

The conference received 1,289 submissions this year for panels and competitive and interactive papers. Out of those submissions, 912 were accepted. “The nomination for the best article is the recognition of the outstanding quality of the article at the highest academic level,” said Professor Panibratov, commenting on the nomination.

This year, the main theme of the Academy of International Business conference was international business in an unsettling political and economic environment. Researchers from around the world have been discussing how governments, corporations, and people individuals can prepare for unpredictable changes in the world.