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  • 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 through the system, from hired... View Details
  • 15 May 2015
  • Research & Ideas

Kids Benefit From Having a Working Mom

years of education; urban versus rural dwelling; average Female Labor Force participation in the respondent's home country during the years the respondent was 0 to 14 years old; Economic Freedom Index in the respondent's home country... View Details
Keywords: by Carmen Nobel
  • 2012
  • Article

The Excess Burden of Government Indecision

By: Francisco J. Gomes, Laurence J. Kotlikoff and Luis M. Viceira
Governments are known for procrastinating when it comes to resolving painful policy problems. Whatever the political motives for waiting to decide, procrastination distorts economic decisions relative to what would arise with early policy resolution. In so doing, it... View Details
Keywords: Saving; Risk and Uncertainty; Investment Portfolio; Decision Choices and Conditions; Retirement; Policy; Government and Politics
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  • July 2008
  • Article

Crime and Punishment in the 'American Dream'

By: Rafael Di Tella and Juan Dubra
We observe that countries where belief in the "American dream" (i.e., effort pays) prevails also set harsher punishment for criminals. We know that beliefs are also correlated with several features of the economic system (taxation, social insurance, etc). Our objective... View Details
Keywords: Crime and Corruption; Economic Systems; Values and Beliefs; Law Enforcement; Mathematical Methods; Personal Characteristics; United States
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  • Web

Measure Outcomes & Cost for Every Patient - Institute For Strategy And Competitiveness

project at Boston Children's Hospital examining the costs of services in the orthopedic cast room. This process map follows patients through cast application. Flowchart from initial consult leading to clinic check out. This map shows that the cast technician's View Details
  • Web

PRIMO Alumni Profiles - Doctoral

labor economics. Read more about Jo here. Stella Jia UC Berkeley, Class of 2025 Stella Jia (she/her) was born in the Bay Area and grew up in California. The unique presence of technology in the Bay Area led her to study statistics and... View Details
  • Web

Business History - Faculty & Research

the free labor wage system, two obstacles complicated legislative action. Any law meant to enhance laborers' rights could neither favor one class over another nor infringe any workingman's ability to make voluntary contracts. These... View Details
  • Web

Stages of Development - Institute For Strategy And Competitiveness

as a sequence of stages, each with a different set of economic characteristics and challenges. Factor-Driven Stage The first stage is the Factor-Driven Stage, in which competitive advantage is based exclusively on endowments of labor and... View Details
  • 18 Aug 2022
  • Op-Ed

Your Best Employees Are Burning Out: A Framework for Retaining Talent

Burnout, retention, and renewed labor organization are critical challenges for leaders, especially amid COVID-19 and a looming recession. Leaders must ask themselves: What is it about my organization’s culture that is contributing to such... View Details
Keywords: by Hise Gibson and MaShon Wilson
  • Web

Topics - HBS Working Knowledge

Acquisition (4) Knowledge Dissemination (5) Knowledge Management (40) Knowledge Sharing (14) Knowledge Use and Leverage (11) Knowledge (68) Labor and Management Relations (3) Labor (136) Law Enforcement (2)... View Details
  • 21 May 2024
  • Research & Ideas

What the Rise of Far-Right Politics Says About the Economy in an Election Year

in 2018. While in these cases globalization led to the rise of the far right, there are examples of globalization leading to the rise of left-wing parties as well. This was the case with the rise of the Labor Party in the UK, when trade... View Details
Keywords: by Rachel Layne
  • Web

Recruiting Calendars - Recruiting

11 Aug Internship postings visible 1st Year Recruiting 25 Aug Term I begins 1st Year Academic 26 Aug Resume Database released for Class of 2026 2nd Year Recruiting Sep 2025 + – 01 Sep Labor Day University 02 Sep Term III begins 2nd Year... View Details
  • 01 Oct 2001
  • Research & Ideas

How To Make Restructuring Work for Your Company

expensive legal battle was waged in several courts. FAG Kugelfischer also faced a major battle with its employees over the division of value. Kugelfischer's high labor costs—the average German worker earned over 40 percent more than... View Details
Keywords: by Stuart C. Gilson
  • November 5, 2024
  • Article

The International Empirics of Management

By: Daniela Scur, Scott Ohlmacher, John Van Reenen, Morten Bennedsen, Nick Bloom, Ali Choudhary, Lucia Foster, Jesse Groenewegen, Arti Grover, Sjoerd Hardeman, Leonardo Iacovone, Ryo Kambayashi, Marie-Christine Laible, Renata Lemos, Hongbin Li, Andrea Linarello, Mika Maliranta, Denis Medvedev, Charlotte Meng, John Miles Touya, Natalia Mandirola, Roope Ohlsbom, Atsushi Ohyama, Megha Patnaik, Mariana Pereira-López, Raffaella Sadun, Tatsuro Senga, Franklin Qian and Florian Zimmermann
A country’s national income broadly depends on the quantity and quality of workers and capital. But how well these factors are managed within and between firms may be a key determinant of a country’s productivity and its GDP. Although social scientists have long... View Details
Keywords: Performance Productivity; Economy; Management Practices and Processes
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  • December 2021
  • Case

Danish Crown: Feeding the Future

By: David E. Bell, Damien P. McLoughlin, Daniela Beyersdorfer and Mette Fuglsang Hjortshoej
Danish Crown, one of the world’s largest exporters of pork meat and one of Europe’s top five producers of beef, faced increasing headwinds in 2021, making CEO Jais Valeur feel like the core of the meat business was under attack. As a cooperative and prominent player in... View Details
Keywords: Agribusiness; Animal-Based Agribusiness; Food; Environmental Management; Climate Change; Environmental Sustainability; Nutrition; Cooperative Ownership; Change Management; Transition; Leadership; Leading Change; Marketing; Product Marketing; Corporate Strategy; Agriculture and Agribusiness Industry; Food and Beverage Industry; Europe; Denmark
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  • Article

Real Effects of Relational Contracts

By: Steven Blader, Claudine Gartenberg, Rebecca Henderson and Andrea Pratt
How important are factors such as "firm culture" and "employee engagement" in driving firm performance? Increasing evidence from a wide range of fields suggests that productivity differs widely across firms, even after the inclusion of careful controls for factors such... View Details
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  • Article

Management Practices, Relational Contracts and the Decline of General Motors

By: Susan Helper and Rebecca Henderson
General Motors was once regarded as one of the best managed and most successful firms in the world, but between 1980 and 2009 its share of the U.S. market fell from 62.6% to 19.8%, and in 2009 the firm went bankrupt. In this paper we argue that the conventional... View Details
Keywords: Organizational Design; Management Practices and Processes; Insolvency and Bankruptcy; Manufacturing Industry; Auto Industry; United States
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  • 2014
  • Working Paper

Firm Competitiveness and Detection of Bribery

By: George Serafeim
Using survey data from firms around the world I analyze how detection of bribery has impacted a firm's competitiveness over the past year. Managers report that the most significant impact was on employee morale, followed by business relations, and then reputation and... View Details
Keywords: Competitiveness; Corruption; Bribery; Employee Engagement; Reputation; Regulation; Competition; Crime and Corruption; Ethics; Performance
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  • 27 Mar 2025
  • HBS Seminar

John Horton, MIT Sloan

  • Web

Skydeck - Alumni

private sector can do to address it. How the Insurance Industry Can Weather the Storms Liberty Mutual CEO Tim Sweeney (MBA 1991) on what it will really take to adapt to the realities of climate change My Worst Job Alumni share life-altering lessons from the View Details