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  • 14 Feb 2023
  • HBS Case

Is Sweden Still 'Sweden'? A Liberal Utopia Grapples with an Identity Crisis

successful for liberal and moderate governments—not in spite of one of the highest tax levels in western Europe and Scandinavia, but because of it, Spar says. (As a former prime minister said, “Entrepreneurs have the courage to jump” because the safety net is there.)... View Details
Keywords: by Lane Lambert
  • Web

The Canton Trade and The Hong Merchants System - A Chronicle of the China Trade

of privilege. He eventually amassed his own fortune as well, and his wealth hovered at $26 million, making him not only one of the richest hong merchants, but also among the richest men in the world. Other Chinese worked their way up... View Details
  • 25 Jul 2023
  • Research & Ideas

Could a Business Model Help Big Pharma Save Lives and Profit?

With Hepatitis C running rampant in Egypt in 2012, Clifford Samuel, then of California-based Gilead Sciences, convened a series of urgent meetings with Egyptian government officials, doctors, and patients. His goal? To make Gilead’s lifesaving Hepatitis C drugs... View Details
Keywords: by Esther Schrader; Pharmaceutical; Health

    BUSINESS ETHICS: WHAT EVERYONE NEEDS TO KNOW

    View Details

    • 06 Jun 2011
    • Research & Ideas

    Why Leaders Lose Their Way

    stay connected to them. Often their spouse or partner knows them best. They aren't impressed by titles, prestige, or wealth accumulation; instead, they worry that these outward symbols may be causing the loss of authenticity. Spouses and... View Details
    Keywords: by Bill George
    • Web

    HBS - The year in Review

    family’s income and assets—will also be considered in determining aid. This change will help better account for intergenerational wealth differences and help remove a barrier for outstanding candidates from lower socioeconomic... View Details
    • 01 Sep 2023
    • News

    Money Does Grow on (Family) Trees

    For 17 years, Andre Kearns (MBA 1999) has been tracing his family tree. One by one, he has added branches, grounding himself in a long and sometimes complicated lineage. Through family stories, forgotten heirlooms, and vital records, Kearns has traveled back through... View Details
    Keywords: April White; Illustrations by Fabio Consoli; News, Library, Internet, and Other Services; Information
    • 28 Sep 2023
    • News

    What Ray Dalio Can Teach Us About Global Venture and Startups

    Ray Dalio (photo via Bridgewater Associates) and Alex Lazarow (photo by Lindsay Upson) In a recent conversation with Bridgewater Associates Founder Ray Dalio (MBA 1973), Alex Lazarow (MBA 2010) gleaned three insights (and one bonus) from the global hedge fund leader on... View Details
    • Web

    2023 Reunion Presentations - Alumni

    respond to health and wealth gaps, ethnic tensions and cultural conflicts, or climate crises, whether as entrepreneurs in startups, seasoned business leaders, or concerned citizens and parents. The session included lessons on what can... View Details
    • 1998
    • Working Paper

    CEO Incentives and Firm Size

    By: Brian Hall and George P. Baker
    What determines CEO incentives? A confusion exists among both academics and practitioners about how to measure the strength of CEO incentives, and how to reconcile the enormous differences in pay sensitivities between executives in large and small firms. We show that... View Details
    Keywords: Business Ventures; Motivation and Incentives; Executive Compensation; Size; Management Systems
    Related
    • 08 Mar 2021
    • In Practice

    COVID Killed the Traditional Workplace. What Should Companies Do Now?

    A year ago, COVID-19 forced many companies to send employees home—often with a laptop and a prayer. Now, with COVID cases subsiding and vaccinations rising, the prospect of returning to old office routines appears more possible. But will employees want to flock back to... View Details
    Keywords: by Dina Gerdeman
    • 10 Jan 2023
    • Research & Ideas

    How to Live Happier in 2023: Diversify Your Social Circle

    The classic advice to investors is to diversify—put wealth into a combination of assets. Perhaps some cash goes into mutual funds, some in blue chips, and a little in growth stocks, spreading out risk as well as opportunity. What if... View Details
    Keywords: by Michael Blanding
    • 07 Jun 2023
    • Blog Post

    My One Case: MBA Class of 2023 Looks Back

    2023 about a case they read that made an impact on them, how the lessons will help them become leaders who make a difference, and more. Furman Haynes (MBA 2023) Furman is a member of Section H. He will be working to launch an employee-owned company with the goal of... View Details
    • 30 Jul 2012
    • Research & Ideas

    How Technology Adoption Affects Global Economies

    disparity in the wealth of nations, in spite of the fact that technology adoption lags have shortened dramatically in the past few decades. In their paper An Exploration of Technology Diffusion, Comin and fellow researcher Bart Hobijn... View Details
    Keywords: by Carmen Nobel
    • Web

    Topics - HBS Working Knowledge

    Transportation (10) Trends (7) Trust (27) Urban Development (13) Urban Scope (1) Valuation (3) Value Creation (11) Values and Beliefs (61) Value (20) Venture Capital (47) Vertical Integration (3) Volatility (1) Voting (13) Wages (40) War (6) Wastes and Waste Processing... View Details
    • 13 Dec 2022
    • Research & Ideas

    The Color of Private Equity: Quantifying the Bias Black Investors Face

    minorities to majority populations, particularly historically disadvantaged minorities, there's also income gaps, but the wealth gap is just really huge.” What’s more, minority-owned private equity funds face a significantly higher bar... View Details
    Keywords: by Pamela Reynolds; Financial Services
    • 2024
    • Book

    The Fading Light of Democratic Capitalism: How Pervasive Cronyism and Restricted Suffrage Are Destroying Democratic Capitalism as a National Ideal ... And What to Do About It

    By: Malcolm S. Salter
    What are we to do about declining public trust and confidence in democratic capitalism, which many citizens consider a cornerstone of our national ideology and identity? In this book, I address how we can rekindle the fading light of democratic capitalism as an... View Details
    Keywords: Government and Politics; Power and Influence; Economic Systems; Culture
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    • 2004
    • Book

    Entrepreneurship and Venture Capital

    By: Amar Bhidé
    Academics and practitioners readily admit the importance of entrepreneurs for the wealth of nations. However, the relationship between the economic and social environment, entrepreneurship and value creation is not yet well understood. Moreover, at the micro-level, the... View Details
    Keywords: Entrepreneur; Entrepreneurship; Venture Capital; Corporate Finance
    Related
    • 2007
    • Book

    From Higher Aims to Hired Hands: The Social Transformation of American Business Schools and the Unfulfilled Promise of Management as a Profession

    By: Rakesh Khurana
    Is management a profession? Should it be? Can it be? This major work of social and intellectual history reveals how such questions have driven business education and shaped American management and society for more than a century. The book is also a call for reform.... View Details
    Keywords: Social History; Business Education; Moral Sensibility; Profit; Leadership; Managerial Roles; United States
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    • Web

    Economic Development in Inner Cities - Institute For Strategy And Competitiveness

    organization founded in 1994 by Professor Porter. The ICIC seeks to spark the revival of inner cities by bringing market-based approaches to economic development in these distressed areas. Its mission is to help inner cities create jobs, income and View Details