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Globalization

See the latest research, articles and faculty on the Globalization Area of Expertise at Columbia Business School.

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Latest on Globalization

Business and Society
Globalization
Marketing
Type
CJEB
Date
May 12, 2025
Business and Society
Globalization
Marketing
Japan Center News

How HI-CHEW Successfully Localized a Global Brand in the U.S. With Fun and Innovation

How HI-CHEW Successfully Localized a Global Brand in the U.S. With Fun and Innovation
Thursday, April 10, 2025 | 12:50 – 1:50 PM 

Room 590, Geffen Hall, Columbia Business School 

  • Read more about How HI-CHEW Successfully Localized a Global Brand in the U.S. With Fun and Innovation about How HI-CHEW Successfully Localized a Global Brand in the U.S. With Fun and Innovation
Business and Society
Economics and Policy
Finance and Economics
World Business
Date
April 24, 2025
Professor Joseph Stiglitz
Business and Society
Economics and Policy
Finance and Economics
World Business

Bizcast: Joseph Stiglitz on AI, Freedom, and Rethinking Capitalism

The Columbia Business School Professor and Nobel laureate explores the true meaning of “freedom” in the age of AI. He explains how government, capitalism, and tech must evolve to protect democracy—not undermine it—and why progressive economic policies are key to ensuring innovation works for all.

  • Read more about Bizcast: Joseph Stiglitz on AI, Freedom, and Rethinking Capitalism about Bizcast: Joseph Stiglitz on AI, Freedom, and Rethinking Capitalism
Economics and Policy
Faculty Views
World Business
Date
April 09, 2025
President Donald Trump.
Economics and Policy
Faculty Views
World Business

How Trump’s Tariffs are Threatening Global Economic Stability

Insights from Columbia Business School faculty explain how the president’s “Liberation Day” tariffs are fueling market volatility, undermining global economic stability, and impacting the Fed's ability to lower interest rates.

  • Read more about How Trump’s Tariffs are Threatening Global Economic Stability about How Trump’s Tariffs are Threatening Global Economic Stability
Business and Society
Economics and Policy
Globalization
Management
Social Impact
Date
March 27, 2025
Depressed woman in business
Business and Society
Economics and Policy
Globalization
Management
Social Impact

When Economic Struggles Foster Self-Interest, Not Universal Compassion

A Columbia Business School study shows that experiencing a recession in young adulthood leads to lasting support for wealth redistribution—but mostly for one’s own group.

  • Read more about When Economic Struggles Foster Self-Interest, Not Universal Compassion about When Economic Struggles Foster Self-Interest, Not Universal Compassion
Chazen Global Insights
Economics and Policy
Globalization
World Business
Date
March 10, 2025
Professor Shang Jin Wei
Chazen Global Insights
Economics and Policy
Globalization
World Business

Trump’s Tariffs: How Protectionism Could Backfire on Households and Businesses

President Trump’s tariffs are meant to protect American industries, but they are likely to drive up costs for consumers, hurt domestic firms, and disrupt global trade, argues Professor Shang-Jin Wei. The unintended consequences could ripple across the world economy.

  • Read more about Trump’s Tariffs: How Protectionism Could Backfire on Households and Businesses about Trump’s Tariffs: How Protectionism Could Backfire on Households and Businesses
Politics
Type
CJEB
Date
February 20, 2025
Politics
Japan Center News

U.S.-Japan Political Relations Under the New Leaders 「ニューリーダーの下での日米政治関係」

Live Webinar
U.S.-Japan Political Relations Under the New Leaders 「ニューリーダーの下での日米政治関係」 
Thursday, February 20, 2025 

  • Read more about U.S.-Japan Political Relations Under the New Leaders 「ニューリーダーの下での日米政治関係」 about U.S.-Japan Political Relations Under the New Leaders 「ニューリーダーの下での日米政治関係」
Business and Society
Diversity
Ethics and Leadership
Globalization
Leadership
Leadership and Strategy
Management
Social Impact
Date
February 04, 2025
A protestor holding a placard
Business and Society
Diversity
Ethics and Leadership
Globalization
Leadership
Leadership and Strategy
Management
Social Impact

When Should Companies Take a Stand? The Risks and Rewards of Corporate Activism

New CBS research explores the factors driving inconsistent corporate stances on global sociopolitical issues and the risks that come with them.

  • Read more about When Should Companies Take a Stand? The Risks and Rewards of Corporate Activism about When Should Companies Take a Stand? The Risks and Rewards of Corporate Activism
Capital Markets and Investments
Elections
Globalization
Leadership
Date
January 21, 2025
President Donald Trump
Capital Markets and Investments
Elections
Globalization
Leadership

Understanding Trump’s Policies on Trades: Insights on Tariffs, Mexico, Canada, and China

Trump's policies on tariffs with Mexico, Canada, and China could reshape U.S. trade relations. CBS experts explore how his executive orders may impact the economy.

  • Read more about Understanding Trump’s Policies on Trades: Insights on Tariffs, Mexico, Canada, and China about Understanding Trump’s Policies on Trades: Insights on Tariffs, Mexico, Canada, and China

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Globalization Faculty

Photo Image of Pierre Yared

Pierre Yared

MUTB Professor of International Business
Economics Division
Co-Director
Richard Paul Richman Center for Business, Law, and Public Policy at Columbia University
Photo of Professor R. Glenn Hubbard

R. Glenn Hubbard

Dean Emeritus; Russell L. Carson Professor of Finance and Economics
Economics Division
Director
Jerome A. Chazen Institute for Global Business
Chazen Institute Board
Jerome A. Chazen Institute for Global Business
Photo of Prof. Tommaso Porzio

Tommaso Porzio

Daniel W. Stanton Associate Professor of Business
Economics Division
Michael Morris

Michael Morris

Chavkin-Chang Professor of Leadership
Management Division
Bolong Li

Bolong Li

Lecturer in Business
Marketing Division
Photo of Professor Geert Bekaert

Geert Bekaert

Professor of Business
Finance Division
Don Sexton

Don Sexton

Professor Emeritus of Business
Marketing Division
Professor Emeritus of Business
Decision, Risk, and Operations Division
Dan Wang

Dan Wang

Lambert Family Professor of Social Enterprise in the Faculty of Business
Management Division
Co-Director of the Tamer Institute for Social Enterprise and Climate Change
Tamer Institute for Social Enterprise and Climate Change
Shang-Jin Wei

Shang-Jin Wei

N.T. Wang Professor of Chinese Business and Economy
Economics Division
Stephan Meier

Jesse Schreger

Associate Professor of Business
Economics Division
Amit Khandelwal

Amit Khandelwal

Adjunct Professor of Business
Economics Division
Bruce Kogut

Bruce Kogut

Sanford C. Bernstein & Co. Professor of Leadership and Ethics
Management Division
Academic Director of BAID
Hub Faculty

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CBS Faculty Research on Globalization

Corporate accelerators and global entrepreneurial growth

Authors
Michael Impink, Nataliya Wright , and Rob Seamans
Date
June 12, 2025
Format
Working Paper

We assess the impact of corporate accelerators on startup growth and technology adoption. Using novel data from one technology firm's accelerator program and a machine learning-based regression discontinuity approach, we compare accepted versus rejected startups based on detailed selection criteria. We find that participating in the corporate accelerator increased startups' future funding by more than 40%. Moreover, participation influenced startups' technology adoption, increasing the use of the hosting technology firm's technologies by 6%.

Read More about Corporate accelerators and global entrepreneurial growth

The Green Key to Germany’s Economic Recovery

Authors
Gernot Wagner
Date
May 16, 2025
Format
Newspaper/Magazine Article
Publication
Project Syndicate

Just as the broader European economy depends heavily on Germany, the continent's industrial powerhouse, Germany's own economy depends on access to affordable power. With geopolitical and climate conditions requiring an urgent transition to renewables, the task now is to develop a politically viable energy strategy.

Read More about The Green Key to Germany’s Economic Recovery

Taking A Stand While Abroad? Towards A Theory of MNCs' Sociopolitical Activism in Host Countries

Authors
Ishva Minefee and Lori Yue
Date
May 8, 2025
Format
Journal Article
Journal
Journal of International Business Studies

With multinational corporations (MNCs) increasingly taking public stances on sociopolitical issues such as immigration, LGBTQ+ rights, and racism, it is imperative that International Business (IB) research keeps pace with normative societal debates. In this paper, we introduce the concept of corporate sociopolitical activism (SPA) to the IB literature and develop theory on why MNCs consistently or inconsistently engage in SPA in response to the same issue in their home country and a host country.

Read More about Taking A Stand While Abroad? Towards A Theory of MNCs' Sociopolitical Activism in Host Countries

Do Disruptive Startups Attract Better Talent? Evidence from a Hiring Field Experiment in India

Authors
Nina Teng, Nataliya Wright , and Olenka Kacperczyk
Date
April 26, 2025
Format
Working Paper

We examine how a startup's strategic positioning—specifically, whether it communicates a disruptive or collaborative stance toward incumbents—affects its ability to attract talent. Although prior research has examined how this positioning influences investors, its impact on potential employees remains less clear. We conduct a field experiment with an early-stage climate technology startup in India, randomly assigning job seekers to a disruptive or collaborative positioning condition.

Read More about Do Disruptive Startups Attract Better Talent? Evidence from a Hiring Field Experiment in India

Strategic Targeting and Unequal Global Adoption of Artificial Intelligence

Authors
Dafna Bearson and Nataliya Wright
Date
April 11, 2025
Format
Working Paper

The rise of low-cost artificial intelligence (AI) technologies offers significant potential for businesses globally, yet AI adoption remains uneven. What shapes this unequal adoption? While prior work attributes adoption patterns to demand-side factors including physical costs and complementary assets, we theorize that AI entrepreneurs' strategic choice to target specific markets creates both search and perceived-fit frictions for firms outside of those markets.

Read More about Strategic Targeting and Unequal Global Adoption of Artificial Intelligence

Taxing Universities

Authors
Shivaram Rajgopal
Date
March 14, 2025
Format
Newspaper/Magazine Article
Publication
Forbes
Columbia professor warns that taxing university endowments and cutting research funding will cripple basic research, erode US competitive advantage against China, and ultimately harm innovation that drives private sector growth.
Read More about Taxing Universities

The folly of America’s R&D cuts

Authors
R. Glenn Hubbard
Date
March 10, 2025
Format
Newspaper/Magazine Article
Publication
Financial Times
Trump administration cuts to federal R&D funding contradict growth objectives; research shows every $1 in public R&D generates $2 in economic output, making these cuts counterproductive to innovation and productivity.
Read More about The folly of America’s R&D cuts

Foreign Direct Investment and Development

Authors
Stefania Garetto, Nina Pavcnik, Natalia Ramondo, Vanessa Alviarez, Jingting Fan, Nitya Pandalai-Nayar, Nicola Limodio, Isabela Manelici, Nicolas Morales, Evangelina Dardati, Ezequiel Garcia-Lembergman, Grace Weishi Gu, Galina Hale, David Hémous, Ralf Martin, Farid Farrokhi, Heitor S. Pellegrina, Pierre-Louis Vézina, Laura Boudreau , and Jose P. Vasquez
Date
February 12, 2025
Format
Journal Article
Journal
VoxDevLit

Multinational enterprises are at the centre of policy debates in low- and middle-income countries. As some of the most productive and innovative firms in the world, which are at the core of global supply chains, multinational enterprises (MNEs) can accelerate development in the countries hosting them, both directly with their presence, and indirectly through linkages to local economic actors.

Read More about Foreign Direct Investment and Development

VoxDevLit on Foreign Direct Investment

Authors
Laura Boudreau
Date
February 12, 2025
Format
Journal Article
Journal
VoxDev

Multinational enterprises are at the centre of policy debates in low- and middle-income countries. As some of the most productive and innovative firms in the world, which are at the core of global supply chains, multinational enterprises (MNEs) can accelerate development in the countries hosting them, both directly with their presence, and indirectly through linkages to local economic actors.

Read More about VoxDevLit on Foreign Direct Investment

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