The conference was a great success and the three best papers were given the following awards (in alphabetical order):

• Dipak C Jain Award: 'Early Mover Advantages: An Empirical Analysis of Indian Cellular Market' by Rajkumar Upadhyay, IIM Bangalore
• Pradip N Khandwalla Award: 'Do Emerging Economy Firms Need Ambidextrous Strategies for Internationalization?' by Sathyajit Gubbi and Prof Sougata Ray, IIM Calcutta
• Marti G Subrahmanyam Award: 'Institutional Legacy and Technological Knowledge Sourcing Trajectory in Emerging Economy Firms' by Indrajit Mukherjee and Prof Sougata Ray, IIM Calcutta