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  • All HBS Web  (2,467)
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  • June 1996 (Revised November 1996)
  • Background Note

Economic Gains from Trade: Comparative Advantage

By: Robert E. Kennedy and Nancy F. Koehn
How nations trade and whether they benefit from it are two of the oldest and most important questions in political economy. In the 170 years since David Ricardo formally developed the theory of comparative advantage, it has become one of the principles most widely... View Details
Keywords: Business Model; Microeconomics; Trade; Cost Management; Business and Government Relations
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Kennedy, Robert E., and Nancy F. Koehn. "Economic Gains from Trade: Comparative Advantage." Harvard Business School Background Note 796-183, June 1996. (Revised November 1996.)
  • 1969
  • Report

Some Proposals for Ghana's Industrialization Policies

By: Louis T Wells Jr
Keywords: Developing Countries and Economies; Policy; Ghana
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Wells, Louis T., Jr. "Some Proposals for Ghana's Industrialization Policies." Economic Development Report, Harvard University, Development Advisory Service, Cambridge, January 1969.
  • 21 Feb 2019
  • Blog Post

Machine Learning and Behavioral Economics

economics is about how people understand information.” As an undergraduate at William & Mary, he interned at Google, where he gained an insider’s perspective on a new technology, Google Glass. Bracaglia wrote SQL for the Glass team,... View Details
  • 11 Apr 2011
  • News

Brighton grad puts economic crisis into perspective

  • January 2008
  • Article

Entrepreneurship and Urban Success: Toward a Policy Consensus

By: Zoltan J. Acs, Edward L. Glaeser, Robert E. Litan, Lee Fleming, Stephan J. Goetz, William R. Kerr, Steven Klepper, Stuart S. Rosenthal, Olav Sorenson and William C. Strange
Like all politics, all entrepreneurship is local. Individuals launch firms and, if successful, expand their enterprises to other locations. But new firms must start somewhere, even if their businesses are conducted largely or exclusively on the Internet. Likewise,... View Details
Keywords: Business Headquarters; Business Startups; Development Economics; Economy; Entrepreneurship; Policy; Taxation; Growth and Development Strategy; Product Development; Business Processes; Expansion; Internet
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Acs, Zoltan J., Edward L. Glaeser, Robert E. Litan, Lee Fleming, Stephan J. Goetz, William R. Kerr, Steven Klepper, Stuart S. Rosenthal, Olav Sorenson, and William C. Strange. "Entrepreneurship and Urban Success: Toward a Policy Consensus." Kauffman Foundation Research Report (January 2008).
  • 2022
  • Article

Science-based Entrepreneurship in India: A Policy Glass (as yet) Quarter-Full

By: Tarun Khanna
India is celebrated for a resurgence of de novo entrepreneurship in recent decades. Entrants have engaged in creative risk-taking to provide market-based solutions for private or social needs despite not being scions of wealthy industrial or business families. In this... View Details
Keywords: Entrepreneurship; Innovation and Invention; Science; Policy; Investment
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Khanna, Tarun. "Science-based Entrepreneurship in India: A Policy Glass (as yet) Quarter-Full." India Policy Forum 19 (2022): 1–53.
  • 1995
  • Chapter

Economic Policy: The Twentieth Century

By: N. F. Koehn
Keywords: Policy; Economics
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Koehn, N. F. "Economic Policy: The Twentieth Century." In The Encyclopedia of the United States Congress. Vol. 2, edited by Donald C. Bacon, Roger H. Davidson, and Morton Keller, 674–681. Simon & Schuster, 1995.
  • March 2024
  • Teaching Note

Teaching Note: Transforming a Region: Gothenburg's path from Shipyards to E-Mobility

By: Christian H.M. Ketels and Orjan Solvell
This TN provides guidance on how to leverage the case on Gothenburg's economic evolution and the role of the regional economic development agency in this process. Gothenburg is an old industrial city that has been hit by a number of deep shocks in its history. Its core... View Details
Keywords: Regional Policy; Regional Growth; Cluster; Economic Development; Transition; Economy; Auto Industry; Green Technology Industry; Sweden
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Ketels, Christian H.M., and Orjan Solvell. "Teaching Note: Transforming a Region: Gothenburg's Path from Shipyards to E-mobility." Harvard Business School Teaching Note 724-423, March 2024.
  • 2020
  • Chapter

The Gift of Global Talent: Innovation Policy and the Economy

By: William R. Kerr
Talent is the most precious resource for today’s knowledge-based economy, and a significant share of the U.S. skilled workforce in technology fields is foreign born. The United States has long held a leading position in attracting global talent, but the gap to other... View Details
Keywords: Global Talent Flows; Talent and Talent Management; Global Range; Immigration; Policy; Economy
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Kerr, William R. "The Gift of Global Talent: Innovation Policy and the Economy." Chap. 1 in Innovation Policy and the Economy, Volume 20, edited by Josh Lerner and Scott Stern, 1–37. Chicago, IL: University of Chicago Press, 2020.
  • 01 Mar 2009
  • News

HBS Students Blog on Economics

A blog launched last year by four HBS students, the Economic Policy Review (www.econblog.org) seeks to provide nonpartisan, balanced commentary on pressing economic issues... View Details
Keywords: Colleges, Universities, and Professional Schools; Educational Services; News, Library, Internet, and Other Services; Information
  • July 2007
  • Teaching Note

Rwanda: National Economic Transformation (TN)

By: Michael E. Porter and Michael Patrick McCreless
Teaching Note to 706491. View Details
Keywords: Economy; Problems and Challenges; Development Economics; Policy; Poverty; Transformation; Performance Evaluation; Political Elections; Rwanda
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Porter, Michael E., and Michael Patrick McCreless. "Rwanda: National Economic Transformation (TN)." Harvard Business School Teaching Note 708-437, July 2007.
  • April 2020 (Revised August 2021)
  • Case

Singapore: 'Facing Challenges Together'

By: Richard H.K. Vietor
Since its expulsion from Malaysia in 1965, Singapore had transformed itself from a third world island nation into a vibrant city-state with one of the highest levels of GDP per capita in the world. However, sluggish demand among Singapore's major trade partners began... View Details
Keywords: Savings; Productivity Growth; Productivity; Economic Institutions; Economic Development; Government And Business; Government Policy; Economic Policy; Country Analysis; Investment And Savings; Institutions; Economic Growth; Macroeconomics; Development Economics; Investment; Government and Politics; Trade; Policy; Research and Development; Analysis; Economics; Business and Government Relations; Asia; Singapore; Southeast Asia
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Vietor, Richard H.K. "Singapore: 'Facing Challenges Together'." Harvard Business School Case 720-036, April 2020. (Revised August 2021.)
  • 26 Jan 2022
  • News

Fed Plays Wait and See with Monetary Policy

  • 02 Jun 2019
  • News

A Data-Driven Approach to Gun Policy

and economics who draw on data to inform managerial and policy decisions, they decided to see if they could use their skills to examine gun violence in America. Today, nearly seven years later, research... View Details
Keywords: Jennifer Gillespie; Justice, Public Order, and Safety Activities; Government

    Institutions, Institutional Change and Economic Performance in Emerging Markets

    Emerging markets play an increasingly important role in the global economy, accounting for 31% of global GDP and more than 50% of global foreign direct investment in 2012. However, doing business in emerging markets remains subject to a high degree of "policy risk,"... View Details

    • December 2023
    • Teaching Note

    Three Decades of Cluster Policy in Catalonia: What's Next?

    By: Christian H.M. Ketels
    The TN provides conceptual background and a suggested teaching plan for using the HBS case 724-404. It discusses the concepts and issues related to the main teaching objectives of the case, i.e. the nature and effective structuring of cluster-based economic... View Details
    Keywords: Economic Sectors; Government and Politics; Policy; Development Economics; Spain
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    Ketels, Christian H.M. "Three Decades of Cluster Policy in Catalonia: What's Next?" Harvard Business School Teaching Note 724-424, December 2023.
    • October 2014
    • Article

    Industrial Policy and the Creation of New Industries: Evidence from Brazil's Bioethanol Industry

    By: Santiago Mingo and Tarun Khanna
    Industrial policy programs are frequently used by governments to stimulate economic activity in particular sectors of the economy. This study explores how an industrial policy program can affect the creation and evolution of an industry and, ultimately, the long-term... View Details
    Keywords: Economic Sectors; Policy; Economic Growth; Government and Politics; Energy Sources; Green Technology Industry; Energy Industry; Brazil
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    Mingo, Santiago, and Tarun Khanna. "Industrial Policy and the Creation of New Industries: Evidence from Brazil's Bioethanol Industry." Industrial and Corporate Change 23, no. 5 (October 2014): 1229–1260.
    • 2009
    • Chapter

    Behavioral Aspects of Price Setting, and Their Policy Implications

    By: Julio J. Rotemberg
    This paper starts by discussing consumers' cognitive and emotional reaction to posted prices. Cognitively, some consumers do not appear to make effective use of price information to maximize their consumption-based utility. Emotionally, prices can induce regret and... View Details
    Keywords: Inflation and Deflation; Price; Policy; Laws and Statutes; Demand and Consumers; Business and Government Relations
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    Rotemberg, Julio J. "Behavioral Aspects of Price Setting, and Their Policy Implications." In Policymaking Insights from Behavioral Economics, edited by Christopher L. Foote, Lorenz Goette, and Stephan Meier. Boston, MA: Federal Reserve Bank of Boston, 2009.
    • 2013
    • Chapter

    The Welfare State as an Investment Strategy: Denmark’s Flexicurity Policies

    By: Arthur Daemmrich and Thomas Bredgaard
    This chapter examines how the welfare state can serve as a national strategy to invest in economic competitiveness and sustainable national prosperity, as well as the significant challenges associated with operating an open economy in a period of increased labor... View Details
    Keywords: Open Economy; Welfare; Competitive Advantage; Economic Growth; Human Capital; Government and Politics; Denmark
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    Daemmrich, Arthur, and Thomas Bredgaard. "The Welfare State as an Investment Strategy: Denmark’s Flexicurity Policies." Chap. 7 in The Oxford Handbook of Offshoring and Global Employment, by Ashok Bardhan, Dwight M. Jaffee, and Cynthia A. Kroll, 159–179. Oxford University Press, 2013.
    • 2019
    • Book

    The Economic Turn: Recasting Political Economy in Enlightenment Europe

    By: Steven L. Kaplan and Sophus A. Reinert
    The mid-eighteenth century witnessed what might be dubbed an “economic turn” that resolutely changed the trajectory of world history. From the birth of new agricultural practices and the foundation of private societies to the sustained and popular theorization of... View Details
    Keywords: Economic Systems; Trade; History; Markets; Society; France; Europe
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    Kaplan, Steven L., and Sophus A. Reinert, eds. The Economic Turn: Recasting Political Economy in Enlightenment Europe. London: Anthem Press, 2019.
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