Publications

November 2009
Background Note

Business Valuation and the Cost of Capital

By: Timothy A. Luehrman

This note is an introduction to the cost of capital as used in discounted cash flow valuation analyses. The note covers basic financial economic principles and practical problems encountered in calculating the cost of capital, especially WACC. It concludes with... View Details

Keywords: Economics; Capital Budgeting; Cash Flow; Cost of Capital; Valuation

Educators

April 2011
Course Overview Note

The Energy Business and Geopolitics: Overview

By: Noel Maurer

Keywords: Energy; Globalized Markets and Industries; International Relations; Energy Industry

05 Oct 2011
Working Paper Summaries

Doing What the Parents Want? The Effect of the Local Information Environment on the Investment Decisions of Multinational Corporations

Keywords: by Nemit O. Shroff, Rodrigo S. Verdi & Gwen Yu

February 2011
Module Note

Business Cycles and the New Challenges of Globalization

By: Diego A. Comin

Business Cycles and the New Challenges of Globalization is one of the core modules in Business Government and the International Economy (BGIE), a course for the required curriculum of the Harvard Business School. BGIE teaches the economic, political and historical... View Details

Keywords: Fluctuation; Business Cycles; Trade; Business Education; Curriculum and Courses; Capital; Cash Flow; Globalization; Problems and Challenges; China

2017
Working Paper

Emerging Markets and the Future of Business History

By: Gareth Austin, Carlos Dávila and Geoffrey Jones

This working paper suggests that the business history of emerging markets should be seen as an alternative business history rather than merely adding new settings to explore established core debates. The discipline of business history evolved around the corporate... View Details

Keywords: Business History; Emerging Markets; Developing Countries and Economies

SSRN

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1999
Book

New Business Ventures and the Entrepreneur

By: H. Stevenson, H. Irving Grousbeck, M. J. Roberts and Amar V. Bhide

Keywords: Business Startups; Entrepreneurship

2011
Working Paper

Business Model Innovation and Competitive Imitation: The Case of Sponsor-Based Business Models

By: Ramon Casadesus-Masanell and Feng Zhu

We study sponsor-based business model innovations where a firm monetizes its product through sponsors rather than setting prices to its customer base. We analyze strategic interactions between an innovative entrant and an incumbent where the incumbent may imitate the... View Details

Keywords: Business Model; Innovation and Invention; Market Entry and Exit; Competitive Strategy; Competitive Advantage; Value

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Research Summary

Cultural Entrepreneurship and the Business of the Arts

By: Rohit Deshpande

A more recent research program focuses on creating and managing ventures connected with the arts and culture. This research extends the concept of Customer-Centricity into the context of Audience Engagement. This primarily case-based work explores how successful... View Details

June 2022 (Revised August 2022)
Case

Sage V Foods and Element Farms: Preparing for the Future of Controlled Environment Agriculture

By: Ray A. Goldberg, Rachel Lee and Canning Malkin

Educators

May 1999
Article

A Mixed-Motive Perspective on the Economics versus Environment Debate

By: A. Hoffman, J. Gillespie, D. Moore, K. A. Wade-Benzoni, L. L. Thompson and M. H. Bazerman

Keywords: Perspective; Economics; Natural Environment

1990
Thesis

Parameter Prediction and Visualization to Aid the Decision-Making Process in an Automated Fabrication Environment

By: Stefan Thomke

05 Nov 2021
Op-Ed

Is the Business World Finally Ready for the Wisdom of Shibusawa?

story is the subject of the year-long drama series this year on NHK (Japan Broadcasting Corp.), the country’s version of PBS or the BBC, this... View Details

Keywords: by Geoffrey Jones and Rei Morimoto; Financial Services; Retail

01 Aug 2017
Working Paper Summaries

Business History, the Great Divergence and the Great Convergence

Keywords: by Geoffrey Jones

1991
Book

Competitiveness and the State: Government and Business in Twentieth-Century Britain

By: G. Jones and M. W. Kirby

This book looks at the relationship between the British government and business since 1900, and examines the impact of government policies on business, productivity and competitiveness. The authors argue that government has a legitimate role to play in improving... View Details

Keywords: Political History; Policy; Business History; Performance Consistency; Performance Effectiveness; Performance Productivity; Business and Government Relations; Competitive Strategy; Europe

October 10, 2010
Article

The Economist Debate: Obama and Business

By: Bill George

Keywords: Economics; Government and Politics

25 Feb 2015
Lessons from the Classroom

Scholars and Students Unpack the Digital Business Revolution

Think of Harvard Business School's recently launched the Digital Initiative (D/I) as a giant laboratory, where leading scholars and practitioners convene to research, teach,... View Details

Keywords: by Julia Hanna; Education; Technology

September 2012 (Revised September 2015)
Case

Doing Business in Turkey

By: Felix Oberholzer-Gee, Robin J. Ely, Daniela Beyersdorfer, Emilie Billaud and Cigdem Çelik

In a rather flat international business environment characterized by shrinking markets and economic turmoil, Turkey promoted itself as one of the safe havens for investments. Led by the strong domestic demand of a young population, the country had tripled its GDP... View Details

Keywords: Emerging Market Finance; Emergent Countries; Business History; Economic History; Fieldwork; Emerging Markets; Business Ventures; Strategy; Turkey

Educators

1992
Book

Canada at the Crossroads: The Reality of a New Competitive Environment

By: M. E. Porter and The Monitor Company

Keywords: Global Strategy; Globalized Markets and Industries; Canada

Article

The Emergence of Mafia-like Business Systems in China

By: Meg Rithmire and Hao Chen

A large body of literature on state–business relations in China has examined the political role of capitalists and collusion between the state and the private sector. This paper contributes to that literature and understanding of the internal differentiation among... View Details

Keywords: China's Political Economy; State-business Relations; Business Groups; Financial System; Business and Government Relations; Finance; Economic Systems; China