Economy - Publications - Faculty & Research

05 Mar 2025
News

Uncertain Terms

After Amar Bhidé (MBA 1979/DBA 1988) became an HBS assistant professor in 1988, then-dean John H. McArthur (MBA 1959/DBA 1963) gave him a copy of economist Frank Knight’s 1921 book Risk, Uncertainty and Profit. Knight’s idea that “uncertainty” must be distinguished... View Details

20 Feb 2019
News

Building an Ecosystem for African Entrepreneurs

Talk to Tony O. Elumelu (AMP 166, 2004) for more than a few minutes and you are sure to hear about “Africapitalism.” The Nigerian businessman and philanthropist coined the term in 2010 to describe the investment strategy that has shaped his career and will, he... View Details

Keywords: April White

01 Apr 2002
News

Insights into Business in Islamic World

Bridging differences in political and economic systems has always been one of the challenges of international business. Where religious beliefs influence those systems heavily, as is increasingly the case in Islamic countries, the sensitivities can be even greater.... View Details

Keywords: Islam; Colleges, Universities, and Professional Schools; Educational Services

01 Oct 2000
News

The Entrepreneurial Venture

entrepreneurial activity, which drew people away from large companies and encouraged them to take risks. Bill Sahlman: Also, when we graduated from HBS, the economy was in recession, inflation and interest rates were high, productivity... View Details

26 Jan 2017
News

Finding a Path out of Poverty

differently.” One course that sparked Magwegwe’s imagination was Business, Government, and the International Economy (BGIE), taught by Professor Richard Vietor, author of How Countries Compete. “It provided great insights for strategic... View Details

Keywords: Margie Kelley

15 Mar 2013
News

New Japan Commerce Chief to Help Smaller Firms Move into Overseas Markets

Keywords: Primary Metal Manufacturing; Manufacturing

01 Apr 2000
News

Marketing Muscle

Edwards's role in making Yahoo! one of the most recognized names in the Internet economy taught the industry a lesson in the importance of brand-name recognition. Shunned no longer, marketers are "the new rock stars of the Internet,"... View Details

01 Apr 2002
News

New Director of MBA Career Services Focuses on Power of Alumni Network

stepping up alumni outreach efforts and contacting organizations that have not typically recruited at HBS. "We're asking graduates of the School to think about our young, energetic, talented students when they're making their hiring plans and decisions," Merrick says.... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services

01 Dec 2015
News

Giving Advice

(courtesy of Susan Wolf Ditkoff) The philanthropy economy is booming. Last year, America’s charitable giving totaled $358.38 billion, equaling 2.1 percent of GDP—a number last attained in prerecession 2004. With that growth have come a... View Details

01 Oct 2015
News

Banking on Trust

“Development work is more about listening than telling,” says Marie Sheppard (MBA 1990), a veteran of more than two decades with the World Bank Group. As she winds up an assignment as manager of the Bank’s Innovation Labs in Washington, DC, she reflects, “The more you... View Details

01 Apr 1998
News

Student Conferences Inspire Campus Dialogue

event, "Asia Towards the 21st Century: Is the Miracle Over?," took place in January against a decidedly more somber backdrop: the financial crisis that has cast a pall over the region's largest economies and muted the roar of several of... View Details

01 Feb 2001
News

Books

within an industry, its outcome is competitive convergence and eventually decreased profitability. The authors conclude that for Japan to succeed, "the missing link is strategy. Strategy rests on choosing a unique position by offering a different mix of value than... View Details

Keywords: books; research; Publishing Industries (except Internet); Information

15 Oct 2019
News

Innovative Thinking Fuels Nascent Startup Scene

Ivashina. “That’s how we learn. In Silicon Valley, it’s a badge of honor. But the MENA environment is not as conducive to a quick recovery after failure. The successful entrepreneurs that we’ve seen in the region are the survivors.” Still, Ivashina is optimistic about... View Details

01 Jun 2009
News

Author Charley Ellis on Goldman Sachs

quite rough sometimes, Whitehead always as smooth as silk. In 2006, Goldman paid more than 50 of its employees $20 million or more. Wasn’t that a tip-off to the firm that the economy was totally unmoored from business fundamentals? John... View Details

Keywords: Finance

01 Mar 2010
News

Money Matters

other policymakers to remove regulatory barriers that entangle Indian start-ups. Worse than government red tape is the lack of risk capital for emerging firms, says HBS professor Tarun Khanna, an expert on the Indian and Chinese economies... View Details

Keywords: Roger Thompson; Finance

01 Mar 2014
News

Book Review: The Old West

Pinto says Western business leaders have shown "extraordinary complacency in the face of upheavals." The numbers don't look good for the West. The United States, Great Britain, and France have each seen their average GDP growth hover around 2 percent in recent years,... View Details

Keywords: Maureen Harmon

01 Dec 2003
News

Can Manufacturing Keep Its Edge?

order to offset the negative impact of a sagging economy and sharply rising employee benefit costs. Over the course of the past three years, U.S. manufacturing has shed some 2.7 million jobs, with companies marshaling technology and... View Details

Keywords: Julia Hanna; Manufacturing

01 Dec 2008
News

Business at the Summit

of liquidity, the economy will come back, he said. The nation faces an even more formidable long-term challenge in climate change, where all panelists agreed that leadership currently is in short supply. Doerr, whose Silicon Valley firm... View Details

Keywords: leadership; alumni events; Centennial; Business Schools & Computer & Management Training; Educational Services; Finance; Management

01 Sep 2003
News

Dean Clark Reflects on the School’s Key Initiatives

than seventy faculty, deans, and rectors from business schools in Spain, Eastern Europe, Nigeria, South Africa, China, and Latin America for the Colloquium on Participant-Centered Learning, an intensive program designed to introduce case-method teaching and case... View Details