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  • All HBS Web  (10,225)
    • People  (14)
    • News  (2,226)
    • Research  (6,324)
    • Events  (145)
    • Multimedia  (98)
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  • Web

Introduction - Option Pricing in Theory & Practice: The Nobel Prize Research of Robert C. Merton - Exhibits - Historical Collections

Economic Sciences Chicago Board of Options Exchange Exhibit Home Introduction Nobel Prize Award Ceremony, 1997. Robert Cox Merton Papers, HBS Archives, Baker Library Historical Collections In October 1997,... View Details
  • April 2021 (Revised December 2022)
  • Case

Capitalism, Slavery, and Reparations

By: Sophus A. Reinert and Cary Williams
The birth of “Modern Economic Growth” constituted a watershed in human history, allowing societies to escape the Malthusian impasse and permanently raise living standards. While the new growth regime had lifted billions of people out of extreme poverty over the last... View Details
Keywords: Reparations; Living Standards; Poverty; Social Issues; Economic Growth; Equality and Inequality; Globalized Economies and Regions; Human Needs
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Reinert, Sophus A., and Cary Williams. "Capitalism, Slavery, and Reparations." Harvard Business School Case 721-044, April 2021. (Revised December 2022.)
  • Web

Introduction - Option Pricing in Theory & Practice: The Nobel Prize Research of Robert C. Merton - Exhibits - Historical Collections

Economic Sciences Chicago Board of Options Exchange Exhibit Home Introduction Nobel Prize Award Ceremony, 1997. Robert Cox Merton Papers, HBS Archives, Baker Library Historical Collections In October 1997,... View Details
  • January – February 2011
  • Article

Creating Shared Value

By: Michael E. Porter and Mark R. Kramer
The capitalist system is under siege. In recent years business has been criticized as a major cause of social, environmental, and economic problems. Companies are widely thought to be prospering at the expense of their communities. Trust in business has fallen to new... View Details
Keywords: Customer Value and Value Chain; Economic Growth; Economic Systems; Corporate Social Responsibility and Impact; Environmental Sustainability; Trust; Human Needs; Welfare; Competitive Advantage; Value Creation
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Porter, Michael E., and Mark R. Kramer. "Creating Shared Value." Harvard Business Review 89, nos. 1-2 (January–February 2011): 62–77.
  • Web

Bibliography - Option Pricing in Theory & Practice: The Nobel Prize Research of Robert C. Merton - Exhibits - Historical Collections

Economic Sciences Chicago Board of Options Exchange Exhibit Home Prelude to the Option Pricing Model Bachelier, Louis. " Théorie de la Spéculation. " Annales Science de l'Ecole Normale Supérieure , No.1018.... View Details

    James W. Riley

    James Riley is an Assistant Professor of Business Administration in the Organizational Behavior Unit at Harvard Business School. He teaches LEAD in the MBA required curriculum.

    Professor Riley is an economic sociologist. He conducts ethnographic research to... View Details

    • Fall 2022
    • Article

    China's Political Economy and International Backlash: From Interdependence to Security Dilemma Dynamics

    By: Margaret Pearson, Meg Rithmire and Kellee Tsai
    Contrary to expectations that economic interdependence might lessen security conflict between China and the U.S. and its allies, much of the contestation between China and several OECD countries has focused on firms and economic links. This paper explains the... View Details
    Keywords: Globalized Markets and Industries; Government and Politics; Information Technology; China
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    Pearson, Margaret, Meg Rithmire, and Kellee Tsai. "China's Political Economy and International Backlash: From Interdependence to Security Dilemma Dynamics." International Security 47, no. 2 (Fall 2022): 135–176.
    • January 2002 (Revised March 2006)
    • Background Note

    Democracy

    By: Rawi E. Abdelal
    Surveys scholarship on democracy and democratization. Describes the relationship between democracy and the environment of business, including capitalist economic institutions, economic growth, economic reform, and international relations. View Details
    Keywords: Economic Systems; Situation or Environment; Business and Government Relations; Economic Growth; International Relations; Governing Rules, Regulations, and Reforms
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    Abdelal, Rawi E. "Democracy." Harvard Business School Background Note 702-036, January 2002. (Revised March 2006.)

      Justine Boudou

      Justine Boudou is a doctoral student in the Technology and Operations Management (TOM) unit at Harvard Business School.

      She is primarily interested in the economics of science and innovation. Justine holds a MSc from the engineering school... View Details

      Keywords: biotechnology; health care; pharmaceuticals

        Rebecca M. Henderson

        Rebecca Henderson is one of 25 University Professors at Harvard, a research fellow at the National Bureau of Economic Research and a fellow of both the British Academy and of the American Academy of Arts and Sciences. She also has more than twenty-five years of... View Details

        Keywords: energy; information technology industry
        • February 1998 (Revised April 2002)
        • Case

        India in 1996

        Five years after economic liberalization, reform in India was stalled. Palaniappan Chidambaram had been recently appointed finance minister and was responsible for developing an economic plan. This case examines the economic and political impact of liberalization... View Details
        Keywords: Development Economics; Macroeconomics; India
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        Kennedy, Robert E. "India in 1996." Harvard Business School Case 798-065, February 1998. (Revised April 2002.)
        • 22 Mar 2024
        • Research & Ideas

        Open Source Software: The $9 Trillion Resource Companies Take for Granted

        What does it take to put a price tag on open source software (OSS), a resource so critical to the global economy that some 96 percent of commercial programs include some code created, tinkered with, or distributed for free by... View Details
        Keywords: by Rachel Layne; Computer; Information Technology; Technology

          Samuel B. Antill

          Samuel Antill is an assistant professor of business administration in the Finance Unit at Harvard Business School. He teaches the Finance II course in the MBA required curriculum.

          Professor Antill’s research interests are in corporate... View Details
          • Web

          The Gift - A Concrete Symbol: The Building of Harvard Business School 1908-1927 – Baker Library | Bloomberg Center, Historical Collections

          Baker, Jr. with his father at HBS Commencement, 1926. At a dinner given in his honor, the banker was visibly touched by the outpouring of appreciation for his gift. George F. Baker understood the impact of... View Details
          • October 2002 (Revised January 2003)
          • Case

          McDonald's Russia: Managing a Crisis

          By: Youngme E. Moon and Kerry Herman
          In August 1998, George Cohon, founder and senior chairman of McDonald's Russia, is facing an economic state of emergency. Russia is in the midst of a severe currency crisis--the ruble has plummeted in value, creating massive inflation and widespread economic disarray.... View Details
          Keywords: Currency; Crisis Management; Brands and Branding; Retail Industry; Food and Beverage Industry; Russia
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          Moon, Youngme E., and Kerry Herman. "McDonald's Russia: Managing a Crisis." Harvard Business School Case 503-020, October 2002. (Revised January 2003.)

            Elisabeth Kempf

            Elisabeth Kempf is an Associate Professor in the Finance Unit, teaching Finance 1 to MBA students. She is also a Faculty Research Fellow at the National Bureau of Economic Research (NBER) and a Research Affiliate at the Centre for Economic Policy and Research... View Details

              Jonathan L. Wallen

              Jonathan Wallen is an Assistant Professor of Finance in the Finance Unit and teaches Finance 1 to MBA students.

              Professor Wallen’s research centers on financial intermediation and its intersection with asset pricing, currency markets,... View Details

                Lauren Rice

                Lauren is a doctoral student in the Business Economics program. Her research interests include finance, development economics, health economics, and industrial organization. He graduated from Harvard College in 2020, where he studied Economics and... View Details
                • 23 Nov 2020
                • Research & Ideas

                COVID Was Supposed to Increase Bankruptcies. Instead, They've Gone Down.

                Bankruptcy filings in the United States were expected to soar during this year’s economic recession, induced by COVID-19. Instead, they dropped 27 percent year-over-year through August, driven by an unexpected drop in consumer and small... View Details
                Keywords: by Rachel Layne
                • 20 Oct 2010
                • Op-Ed

                Export Competitiveness: Reversing the Logic

                the current economic and financial crisis, countries around the globe are looking for ways to reignite economic growth. Traditionally, export-led growth has been perceived as one View Details
                Keywords: by Christian Ketels
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