Publications

January 2017 (Revised March 2017)
Case

IBM Transforming, 2012–2016: Ginni Rometty Steers Watson

By: Rosabeth Moss Kanter and Jonathan Cohen

To transform IBM for the next technology wave, Ginni Rometty, who became CEO in 2012, led divestment of declining businesses, made acquisitions in digital innovation and cloud computing, formed partnerships with former competitors such as Apple and tech startups, and... View Details

Keywords: Digital; Technological Change; Artificial Intelligence; Data; IBM; Watson; Internet Of Things; Innovation and Invention; Management; Sales; Information Technology; Technological Innovation; Transformation; AI and Machine Learning

Educators

August 2023 (Revised February 2024)
Case

DexAI

By: Jo Tango and Christina Wallace

During a challenging fundraising environment, the DexAI founders received two term sheets with nearly identical economic terms but very different legal ones. The entrepreneurs had to navigate: representations and warranties (their personal guarantees that the company's... View Details

Keywords: Venture Capital Term Sheet; Term Sheet; Term Sheets; Founders; Legal Aspects Of Business; Seed Financing; Founders' Agreements; Venture Capital; Entrepreneurship; Financing and Loans; Intellectual Property; Entrepreneurial Finance; Contracts; Business Startups; Agreements and Arrangements

Educators

11 Jun 2008
News

Prof. Thomas Mccraw Wins Spengler Award For "Best Book In History Of Economics"

Article

California Fair Trade: Antitrust and the Politics of 'Fairness' in U.S. Competition Policy

By: Laura Phillips Sawyer

In the decades before World War II, U.S. antitrust law was anything but settled. Considerable pressure for antitrust revision came from the states. A perhaps unlikely leader, Edna Gleason, organized California's retail pharmacists and coordinated trade networks to... View Details

Keywords: Competition; Fairness; Laws and Statutes; Policy; United States

May 1991
Case

Bureau of Engraving and Printing, The: Determining the True Cost of Money (A)

By: Robert S. Kaplan

Keywords: Money

22 Sep 2016
News

The Competitiveness of Lost Causes

CEO of Competitiveness.com, he brings experience in nearly 200 economic development initiatives in Europe and Latin America to his World Bank job. Comparing his previous development consulting experience in... View Details

1 Nov 2012
Other Presentation

Profile of the Icelandic Geothermal Cluster

By: Michael E. Porter and Christian H.M. Ketels

Profile of the Icelandic Geothermal Cluster View Details

Keywords: Industry Clusters; Economy; Energy Industry; Iceland

Read Now

June 2019
Article

Social Risk, Fiscal Risk, and the Portfolio of Government Programs

By: Samuel G. Hanson, David S. Scharfstein and Adi Sunderam

We develop a model of government portfolio choice in which a benevolent government chooses the scale of risky projects in the presence of market failures and tax distortions. These two frictions generate motives to manage social risk and fiscal risk. Social risk... View Details

Keywords: Risk Management; Government and Politics; Programs

Read Now

person nearly every day, from different research backgrounds spanning business, architecture, history, economics and even genetics. HBS, south of the River Charles and the wider Harvard community north View Details

31 Mar 2009
News

Professor Michael Porter Hosts Mayor of Jerusalem at Harvard Business School

01 Dec 2004
News

The Future of Stem Cells

stem cell–based products and therapies for the treatment of autoimmune and blood disorders, infectious diseases, and cancer. “The economics of our industry are still driven by... View Details

Keywords: Garry Emmons

16 Nov 2017
News

The Business of Social Justice

Keeper, a faith-inspired humanitarian organization that partners with South Sudanese women in support of social, political, and economic justice. In 2016, Brooks and a friend spent four days hiking the... View Details

Keywords: Jennifer Myers

20 Dec 2019
News

The 19 Musts of 2019

worker productivity, equality of opportunity and economic mobility, even economic growth—are consequently all eroding and threatening the economic, civil, and political life... View Details

Keywords: podcast; Arts, Entertainment

Research Summary

The Evolution of Corporate Structure, Internal Governance, and Leadership

My research documents the evolution of the internal governance of senior management in large US firms over a 20-year period and explores, via multiple methods, the causes and consequences of these changes. My findings suggest that... View Details

December 2008
Article

The Political Economy of 'Natural' Disasters

By: Charles Cohen and Eric D. Werker

Natural disasters occur in a political space. Although events beyond our control may trigger a disaster, the level of government preparedness and response greatly determines the extent of suffering incurred by the affected population. We use a political economy model... View Details

Keywords: History; Demographics; Natural Disasters; Policy; Economy; Government and Politics

May 2001
Case

The Mexican Debt Crisis of 1982

By: Huw Pill

Describes Mexico's development strategy based on international borrowing and its culmination in the debt crisis of 1982. Discusses Mexico's approach to overcoming the crisis. A rewritten version of an earlier case. View Details

Keywords: Borrowing and Debt; Financial Crisis; Growth and Development Strategy; Mexico

23 Jan 2017
Working Paper Summaries

Overcoming Institutional Voids: A Reputation-Based View of Long Run Survival

Keywords: by Cheng Gao, Tiona Zuzul, Geoffrey Jones, and Tarun Khanna

2006
Working Paper

On the Origin of Shared Beliefs (and Corporate Culture)

By: Eric J. Van den Steen

This paper shows why members of an organization often share similar beliefs. I argue that there are two mechanisms. First, when performance depends on making correct decisions, people prefer to work with others who share their beliefs and assumptions, since such... View Details

Keywords: Organizational Culture; Employees; Values and Beliefs; Mathematical Methods