Dr. B. (Bas) Karreman

Bas Karreman
Erasmus School of Economics (ESE)
Erasmus University Rotterdam
Associate Member ERIM
Field: Strategy & Entrepreneurship
Former ERIM PhD Candidate
Field: Strategy & Entrepreneurship
Affiliated since 2006

Bas Karreman is an Associate Professor in the department of Applied Economics. His research interests are in the field organization and strategy, with a particular focus on the financial services industry and emerging markets. Most of his work relates to financial center development in mainland China and Hong Kong and the network development of multinational banks in Central and Eastern Europe. He coordinates and teaches the course "Organization & Strategy", for which he was elected Lecturer-of-the-Year by the students of the economics and business program in 2009-2010. He was also designated Top Lecturer by the Erasmus School of Economics in 2010. Since 2008, he acts as liaison officer for the Erasmus University China Center.

PhD Track Financial Services and Emerging Markets

This study addresses the organization and strategy of firms in emerging markets with an explicit application to financial services. Given the relevance of a well-functioning financial system for economic growth, understanding the organization and strategy of firms contributing to the development of sound financial services appears of utmost importance for emerging markets. Throughout the study, two main providers of financial services are distinguished, namely banks and stock markets, which are examined in the emerging market context of Central and Eastern Europe and China, respectively.

For banking, the general focus is on the adopted strategies of multinational banks to expand across the Central and Eastern European region. The main findings indicate that, based on the degree of host market uncertainty and competition, multinational banks adopt different expansion strategies. Furthermore, it appears that multinational banks expand most effectively by establishing new subsidiaries in countries adjacent to a country where the bank already has a presence. For stock markets, the central theme is how the decision of mainland Chinese firms on where to list their shares reflects the attractiveness of the stock markets within the financial centers of Shanghai, Shenzhen and Hong Kong. The findings suggest an increasing segregation in the strategic listing decisions that mainland Chinese firms make, which indicates that the financial centers of mainland China and Hong Kong have become more specialized and complementary over time.

Keywords
financial services, financial centers, banks, bank networks, emerging markets, central and eastern europe, china, shanghai, hong kong, organization, strategy
Time frame
2006 - 2011

Publications

Article (20)

  • Academic (13)

    • Feng, K., Karreman, B., Zeng, D., & Pennings, E. (2024). R&D collaboration, social coordination, and standardization: evidence from the Chinese automotive industry. Journal of Technology Transfer, 49(1), 158-190. https://doi.org/10.1007/s10961-022-09972-8

    • Kerkemezos, Y., Pennings, E., Karreman, B., & van Reeven, P. (2023). Price asymmetries and the path dependence of market power: Evidence from the U.S. airline industry. International Journal of Industrial Organization, 87, Article 102921. https://doi.org/10.1016/j.ijindorg.2023.102921

    • Karreman, B., Burger, M., & Van Eenennaam, F. (2018). Revealed competition between cluster organisations: An exploratory analysis of the European life sciences sector. Environment and Planning A: International Journal of Urban and Regional Research, 51(3), 705-723. https://doi.org/10.1177/0308518X18802325

    • Karreman, B., Burger, M., & van Oort, F. (2017). Location choices of multinationals in Europe: the role of overseas communities. Economic Geography, 93(2), 131-161. https://doi.org/10.1080/00130095.2016.1248939

    • Bhaskarabhatla, A., Chatterjee, C., & Karreman, B. (2016). Hit where it hurts: Cartel policing using targeted sales and supply embargoes. The Journal of Law and Economics, 59(4), 805-846. https://doi.org/10.1086/691093

    • Dogaru, T., Burger, M., Karreman, B., & van Oort, F. (2015). Functional and sectoral division of labour within Central and Eastern European countries: evidence from greenfield FDI. Tijdschrift voor Economische en Sociale Geografie, 106(1), 120-129. https://doi.org/10.1111/tesg.12093

    • Schiller, D., Burger, M., & Karreman, B. (2015). The functional and sectoral division of labour between Hong Kong and the Pearl River Delta: from complementarities in production to competition in producer services? Environment and Planning A: International Journal of Urban and Regional Research, 47(1), 188-208. https://doi.org/10.1068/a140128p

    • Burger, M., Karreman, B., & Van Eenennaam, F. (2015). The competitive advantage of clusters: cluster organisations and greenfield FDI in the European life sciences industry. Geoforum, 65(1), 179-191. https://doi.org/10.1016/j.geoforum.2015.07.019

    • Dogaru, T., Burger, M., Van Oort, FG., & Karreman, B. (2014). The geography of multinational corporations in CEE countries: perspectives for second-tier city regions and European cohesion policy. Investigaciones Regionales (print), 29, 193-214.

    • Karreman, B., & Knaap, GA. (2012). The geography of equity listing and financial centre competition in mainland China and Hong Kong. Journal of Economic Geography, 12(4), 899-922. https://doi.org/10.1093/jeg/lbr046

    • Burger, M., & Karreman, B. (2010). Worldwide differences in executive pay, culture, well-being, and economic growth. Environment and Planning A: International Journal of Urban and Regional Research, 42(2), 255-256. https://doi.org/10.1068/a42144

    • Karreman, B. (2009). Financial geographies and emerging markets in Europe. Tijdschrift voor Economische en Sociale Geografie, 100(2), 260-266. https://doi.org/10.1111/j.1467-9663.2009.00534.x

    • Karreman, B., & Knaap, GA. (2009). The financial centres of Shanghai and Hong Kong: competition or complementarity? Environment and Planning A: International Journal of Urban and Regional Research, 41(3), 563-580. https://doi.org/10.1068/a40230

  • Professional (7)

    • Karreman, B., Wang, Z., & van Oort, F. (2020). Door leenstelsel kiezen havisten vaker studie met hoog verwacht salaris. Economisch-Statistische Berichten, 105(4792), 550-553. http://hdl.handle.net/1765/132070

    • De Jager, M., Lentfert, S., & Karreman, B. (2015). Shared service centers: van besparing naar waardecreatie. Executive Finance, 1(3), 30-33.

    • Karreman, B. (2014). De mondiale opkomst van Chinese ondernemingen: Go Global! Tijdschrift voor het Economisch Onderwijs, 114(1), 32-33.

    • Karreman, B., Nacken, T., & Pennings, E. (2013). Arabische lente voor de EBRD. Internationale Spectator, 67(4), 46-51.

    • Karreman, B. (2013). Wanneer vliegt de eerste low-cost luchtvaartmaatschappij intercontinentaal? Economisch-Statistische Berichten, 98(4657), 224.

    • Brienen, MJ., Burger, M., & Karreman, B. (2011). Chinese Investeringen in Europa en Nederland. Economisch-Statistische Berichten, 96(4603), 74-76. http://hdl.handle.net/1765/22484

    • Karreman, B., & Pennings, E. (2011). De volgende fusie- en overnamegolf. Economisch-Statistische Berichten, 96(4619), 589-591.

Book (4)

  • Professional (4)

    • Karreman, B., Benning, T., Werner, G., van der Molen, H., Osseweijer, E., & Schmidt, H. (2024). Zelf leren schrijven voor economie en bedrijfskunde, 2e Editie. (2e ed.) Boom Uitgevers.

    • Karreman, B., Werner, G., van der Molen, H., Osseweijer, E., Schmidt, H., & Benning, T. (2024). Academic Writing Skills for Economics and Business Administration, 2nd Edition. (2nd ed.) Boom Uitgevers.

    • Karreman, B., Werner, G., van der Molen, H., Osseweijer, EM., Ackermann, M., Schmidt, H., & van der Wal, E. (2018). Academic Writing Skills for Economics and Business Administration. Boom Uitgevers. http://hdl.handle.net/1765/112936

    • Karreman, B., Werner, G., van der Molen, H., Osseweijer, EM., Ackermann, M., Schmidt, H., & van der Wal, E. (2016). Zelf leren schrijven voor economie en bedrijfskunde. Boom Lemma.

Book/Film/Article review (1)

  • Academic (1)

    • Burger, M., & Karreman, B. (2010). Foreign Direct Investment, China and the World Economy. Regional Studies, 44, 1302-1304.

Chapter (1)

  • Academic (1)

    • Karreman, B. (2009). Financiele centra en opkomende economieen in Europa. In L. van der Laan, & M. Versantvoort (Eds.), Netwerken en Regionale Analyse (pp. 47-56). Uitgeverij Eburon.

Discussion paper (2)

Doctoral Thesis (1)

  • Internal (1)

    • Karreman, B. (2011). Financial Services and Emerging Markets. [Doctoral Thesis, Erasmus University Rotterdam]. Erasmus University Rotterdam (EUR).

Report (1)

  • Professional (1)

    • Meijaard, J., van Fraassen, M., Prince, Y., Hek, P., Nacken, T., Karreman, B., Pennings, E., & Belderbos, RA. (2020). Evaluatie van de NFIA 2010-2018. MIR i.o.v. Ministerie van Economische Zaken en Klimaat.

Additional activities (1)

  • The Journal of Technology Transfer (Journal)

    Publication Peer-review (Academic)

Events (2)

2014
November
05
Development Economics and Happiness Economics
Research Workshop
As: Speaker
2011
January
27
Financial Services and Emerging Markets
PhD Defence
As: Speaker

Address

Visiting address

Office: N3-05
Burgemeester Oudlaan 50
3062 PA Rotterdam

Postal address

Postbus 1738
3000 DR Rotterdam
Netherlands

Latest publication

Book

Karreman, B., Benning, T., Werner, G., van der Molen, H., Osseweijer, E., & Schmidt, H. (2024). Zelf leren schrijven voor economie en bedrijfskunde, 2e Editie. (2e ed.) Boom Uitgevers.

Supervisory Team

Bert van der Knaap
Bert van der Knaap
Professor in Economic Geography
  • Promotor
Enrico Pennings
Enrico Pennings
Professor Applied Industrial Organization
  • Promotor
Harry Commandeur
Harry Commandeur
Professor of Industrial Economics and Business
  • Member Doctoral Committee
Justin Jansen
Justin Jansen
Professor of Corporate Entrepreneurship
  • Member Doctoral Committee
Ron Boschma
Ron Boschma
  • Member Doctoral Committee