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Stephanie Wang - Indiana University, Kelley School of Business. Indianapolis, IN, US

Stephanie Wang Stephanie Wang

Assistant Professor of International Business and Strategy | Indiana University, Kelley School of Business

Indianapolis, IN, UNITED STATES

Professor Wang focuses on the rise of emerging market multinationals


Dr. Stephanie Lu Wang is an Assistant Professor at the Department of Management and Entrepreneurship, Kelley School of Business, Indiana University. Stephanie studies capability upgrading, internationalization, and sustainability issues. She is particularly interested in emerging market multinationals and cultural industries as research contexts. Stephanie has won numerous awards, such as the International Management Division Emerging Scholar Award at the Academy of Management (AOM) in 2019, Academy of International Business (AIB) Best Paper Award in 2018, the Inaugural Journal of Word Business Best Phenomenon-Based Article Award in 2018, the Woman AIB Emerging Scholar Award in 2017, the International Management Division Best Paper Award at the AOM in 2015, Excellent Service Award from both AOM and AIB, and many others. Stephanie serves on the editorial board for the Journal of International Business Studies, and Journal of World Business, and Global Strategy Journal. Stephanie is a regular panel speaker on “Laying the Brazil, India, Russia, and China” for the Kelley School of Business MBA Emerging Market Symposium. She is the faculty advisor for the Chinese Business Association at Kelley School of Business. Stephanie is also a Non-Resident Research Fellow of the Core Research Team at the Center for Emerging Markets of Nanyang Business School at the Nanyang Technological University. She has experience working at Microsoft, Accenture, Bank of China (Hong Kong), and others. Stephanie received her Ph.D. from the University of Miami, a master's degree from Peking University, and an undergraduate degree from the Renmin University of China.

Industry Expertise (1)


Areas of Expertise (4)

Emerging Market Businesses

Multinational Management

Capability Upgrading

Sustainability Issues

Accomplishments (5)

Temple/AIB Best Paper Award, Academy of International Business 2018 Annual Meeting


Inaugural JWB Best Phenomenon-Based Article Award


Women Academy of International Business Emerging Scholar, Academy of International Business 2017 Annual Meeting


Finalist, IM Division D'Amore-McKim Award for the Best Dissertation Award Academy of Management 2015 Annual Meeting


Winner, Global Leadership: IM Division Best Paper in OB/HRM/OT Session, Academy of Management 2014 Annual Meeting


Education (3)

University of Miami: Ph.D., Strategy and International Business 2014

Peking University: M.S., Strategic Management 2009

Renmin University of China: B.A., Human Resource Management 2006

Research Grants (1)

National Center for Advancing Translational Sciences Grant

National Institutes of Health 

Small Business Technology Transfer Program

Articles (6)

Cultural industries in international business research: Progress and prospect

Journal of International Business Studies

2020 Cultural industries – systems of organizations that produce and distribute cultural goods with substantive symbolic, aesthetic, or artistic value – represent an important, exciting, and complex context that receives growing scholarly attention. As the first review of management research on cultural industries, this paper aims to provide a systematic synthesis of current research, summarizing distinctive characteristics of cultural industries and highlighting research gaps.

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Global connectedness and dynamic green capabilities in MNEs

Journal of International Business Studies

2019 We study how global connectedness can help MNEs become more environmentally sustainable. Based on the idea that environmental sustainability requires dynamic capabilities, we define dynamic green capability as the ability to build complementary green competences and reconfigure organizationally embedded resources to pursue competitive advantage in a rapidly changing stakeholder environment.

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Responding to public disclosure of corporate social irresponsibility in host countries: Information control and ownership control

Journal of International Business Studies

2019 We extend the internalization literature by theorizing on how public disclosure of corporate social irresponsibility (CSI) can damage reputation-based firm-specific advantages of multinational companies (MNCs) and how foreign subsidiary governance can subsequently be used as strategic responses.

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Achieving Temporal Ambidexterity in New Ventures

Journal of Management Studies

2018 Organizations face a common intertemporal choice problem, where actions suitable in the shortterm are different from those that work in the longterm. Building on the organizational ambidexterity theory, we argue that organizations can reconcile their short‐term and long‐term tensions, but this does necessitate managerial endeavours that orchestrate this reconciliation.

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Reducing poverty in the least developed countries: The role of small and medium enterprises

Journal of World Business

2017 Alleviating poverty in the least developed countries (LDCs) requires raising the income level of local workers. We look at the poor as producers and explore drivers of higher employee wages. We focus on small and medium enterprises (SMEs) because they are a major driver of employment growth and poverty alleviation in these countries.

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Autonomy delegation to foreign subsidiaries: An enabling mechanism for emerging-market multinationals

Journal of International Business Studies

2014 Current theory on foreign subsidiary autonomy is insufficient to examine a situation where a multinational lacks experience to organize global operations, and yet intends to compete extensively with established multinational enterprises (MNEs) from advanced economies.

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