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  • 2009
  • Article

India Transformed: Insights from the Firm Level 1988–2007

By: Laura Alfaro and Anusha Chari
Using firm-level data, this paper analyzes the transformation of India's economic structure following the implementation of economic reforms. The focus of the study is on publicly listed and unlisted firms from across a wide spectrum of manufacturing and services... View Details
Keywords: Financial Statements; Management Analysis, Tools, and Techniques; Transformation; Economics; Ownership; Assets; Sales; Profit; Stock Shares; Private Sector; Investment Return; Manufacturing Industry; Service Industry; India
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  • 2003
  • Other Unpublished Work

The Development of the Cluster Concept—Present Experiences and Recent Developments

By: Christian H.M. Ketels
This review presents an overview of the current research on clusters and cluster-based economic development. It is organized in three parts: First, it takes a look at the conceptual foundations of the cluster approach, discussing the definition of clusters, the... View Details
Keywords: Growth and Development Strategy; Industry Clusters; Development Economics; Performance; Framework; Knowledge Sharing; Policy
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  • 04 Jan 2012
  • What Do You Think?

Income Inequality: What’s the Right Amount?

concentration of wealth is very high. Others view inequality as a potential drag on the economy, a deterrent to the development of a strong, large middle class, which in turn is considered essential to economic View Details
Keywords: by Jim Heskett
  • January 2025 (Revised April 2025)
  • Case

Mercado Libre: The Best Is Yet to Come

By: Krishna G. Palepu, Fernando Fragueiro, Carla Larangeira and Mariana Cal
In 2024, Marcos Galperín, CEO and co-founder of Mercado Libre, reflected on its 25-year rise as Latin America’s largest marketplace, fintech leader, and most valuable public company. With operations spanning 18 countries and a robust ecosystem combining e-commerce,... View Details
Keywords: Entrepreneurship; Multinational Firms and Management; Recruitment; Compensation and Benefits; Innovation Leadership; Innovation Strategy; Leadership Style; Business or Company Management; Management Practices and Processes; Management Succession; E-commerce; Emerging Markets; Distribution; Logistics; Organizational Culture; Organizational Design; Business Strategy; Competition; Growth and Development Strategy; Corporate Strategy; Technology Industry; Financial Services Industry; Retail Industry; Latin America; Mexico; Brazil; Argentina
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    Robert C. Merton

    Robert C. Merton is the School of Management Distinguished Professor of Finance at the MIT Sloan School of Management.

    Merton is University Professor Emeritus at Harvard University and was the George Fisher Baker Professor of... View Details

    Keywords: banking; brokerage; financial services; insurance industry; investment banking industry; retail financial services
    • 25 Sep 2001
    • Other Presentation

    The Baltic Rim Regional Agenda

    By: Michael E. Porter
    This presentation draws on ideas from Professor Porter's articles and books, in particular, The Competitive Advantage of Nations (The Free Press, 1990), "The Microeconomic Foundations of Economic Development," in The Global Competitiveness Report 1998,... View Details
    Keywords: Economics; Growth and Development; Russia
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    • 01 Feb 2012
    • What Do You Think?

    Is Support for Small Business Misplaced?

    farms of Europe and the US. It helps explain laws to protect small business from the ravages of the A&Ps and Walmarts. It increasingly drives politics as well as government policy. It is especially attractive at times of low growth... View Details
    Keywords: by James Heskett
    • 18 Feb 2016
    • Working Paper Summaries

    Urbanization with Chinese Characteristics? China’s Gamble for Modernization

    Keywords: by Kristen Looney and Meg Rithmire; Public Administration; Real Estate
    • 2018
    • Working Paper

    The State of Open Source Server Software

    By: Shane Greenstein and Klaus Ackermann
    The study assembles new data to construct a census of worldwide web server use across the globe. We document a large concentration of investment in the United States, and a wide dispersion across scores of countries. We find tens of billions of dollars of unmeasured... View Details
    Keywords: Internet; Open Source; Internet and the Web; Policy; Open Source Distribution; Internet and the Web; Global Range
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    • February 2017
    • Article

    Resident Networks and Corporate Connections: Evidence from World War II Internment Camps

    By: Lauren Cohen, Umit Gurun and Christopher J. Malloy
    We demonstrate that simply by using the ethnic makeup surrounding a firm’s location, we can predict, on average, which trade links are valuable for firms. Using customs and port authority data on the international shipments of all U.S. publicly traded firms, we show... View Details
    Keywords: Information Networks; Trade Links; Firm Behavior; Networks; Geographic Location; Ethnicity; Organizations; Trade
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    • September 1986
    • Case

    BOC Group: Ohmeda (A)

    The president of Ohmeda, a wholly owned company of the BOC Group, plans to grow the company's medical equipment sales from $95 million in 1985 to $158 million in five years by focusing on the sale of "high-tech" equipment. At the same time, the president expects to... View Details
    Keywords: Marketing Communications; Salesforce Management; Marketing Channels; Medical Devices and Supplies Industry
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    • 13 Jan 2010
    • Working Paper Summaries

    Private Equity and Industry Performance

    Keywords: by Shai Bernstein, Josh Lerner, Morten Sørensen & Per Strömberg
    • TeachingInterests

    Senior Executive Leadership Program - Middle East (SELPME)

    By: Stefan H. Thomke

    Change is everywhere in the Middle East today, as many countries seek to diversify their economies and encourage new industries. While the region's complexity includes distinct political and economic conditions in each country in addition to an uncertain global... View Details

    • Mar 2012
    • Article

    Reviving Entrepreneurship

    New enterprises don't exist in a vacuum: They rise or fall depending on myriad contextual factors, all of them interrelated, and all of them affected by government policy. U.S. lawmakers must carefully consider the effects of interventions in at least 12 areas, ranging... View Details
    • 2004
    • Chapter

    Building the Microeconomic Foundations of Prosperity: Findings from the Business Competitiveness Index

    By: Michael E. Porter
    In The Global Competitiveness Report 2003-2004
    Competitiveness has become a central preoccupation of both advanced and developing countries in an increasingly open and integrated world economy. Despite its acknowledged importance, the concept of competitiveness... View Details
    Keywords: Economics; Growth and Development
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    • June 2016
    • Supplement

    FANUC Corporation: Reassessing the Firm's Governance and Financial Policies Spreadsheet Supplement

    By: Benjamin C. Esty and Akiko Kanno
    In February 2015, Daniel Loeb (a US-based activist investor) announced his firm had a large investment in FANUC Corporation, a leading producer of industrial robots and software for machine tools. Loeb was demanding that the Japanese firm change its financial and... View Details
    Keywords: Financial Management; Valuation; Investment Funds; Policy; Corporate Governance; Macroeconomics; Investment Activism; Change Management; Financial Strategy; Cross-Cultural and Cross-Border Issues; Japan; United States
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    • 10 Nov 2011
    • Working Paper Summaries

    Spatial Determinants of Entrepreneurship in India

    Keywords: by Ejaz Ghani, William R. Kerr & Stephen O'Connell
    • 2016
    • Working Paper

    Bias in Official Fiscal Forecasts: Can Private Forecasts Help?

    By: Jeffrey A. Frankel and Jesse Schreger
    Government forecasts of GDP growth and budget balances are generally more over optimistic than private sector forecasts. When official forecasts are especially optimistic relative to private forecasts ex ante, they are more likely also to be over optimistic relative to... View Details
    Keywords: Forecasting and Prediction; Macroeconomics
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    • 02 Nov 2016
    • HBS Seminar

    Gillian Hadfield, University of California, Gould School of Law

    • February 2018
    • Article

    Heterogeneous Technology Diffusion and Ricardian Trade Patterns

    By: William R. Kerr
    This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has three comparative advantages: including emerging and advanced economies, isolating panel variation regarding the link between productivity and... View Details
    Keywords: Exports; Comparative Advantage; Technological Transfer; Innovation; Networks; Patents; Residency; Technology Adoption; Trade; Research and Development; Immigration; United States
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