Latest on Globalization
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How Trump’s Second Term Could Reshape Business Strategy: Tariffs, Tax Cuts, and Climate Policy
Bizcast: EU’s Wopke Hoekstra Calls for Urgent Climate Action
Give Us Your Tired, Your Poor … and Your High-Skilled!
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US and China Trade: What Voters Need to Know Before Heading to the Polls
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CJEB
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Panel II: The Future of the Global Trading Systemパネル Il: 国際貿易システムの今後
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Business and Society
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Lessons from Bridging the American Divides
Could 2024 Be the Year of the Recession?
Globalization Faculty
CBS Faculty Research on Globalization
The Green Key to Germany’s Economic Recovery
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- Date
- May 16, 2025
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Newspaper/Magazine Article
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- 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.
Taking A Stand While Abroad? Towards A Theory of MNCs' Sociopolitical Activism in Host Countries
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Ishva Minefee and Lori Yue
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- May 8, 2025
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Journal Article
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- 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.
Do Disruptive Startups Attract Better Talent? Evidence from a Hiring Field Experiment in India
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.
CSR as Hedging Against Institutional Transition Risk: Corporate Philanthropy After the Sunflower Movement in Taiwan
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- Date
- April 16, 2025
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Journal Article
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- Administrative Science Quarterly
Firms with political connections to a regime with an authoritarian history face a dilemma when the regime undergoes a democratic transition. Such connections provide an essential competitive advantage when the regime is in power but become a liability when an institutional transition brings democratic change. This study theorizes that when mass protests expose a regime’s distorted policies favoring elites over others and signal a high probability of regime turnover, firms may hedge against the risks associated with their political connections by engaging in philanthropy.
Strategic Targeting and Unequal Global Adoption of Artificial Intelligence
Why do frontier technologies like artificial intelligence (AI) diffuse unequally across geographies? While prior work attributes this trend to demand-side factors like complementary assets, we theorize that technology entrepreneurs' strategic choice to target hub markets creates search frictions for firms outside of those markets, contributing to lower technology adoption.
Taxing Universities
The folly of America’s R&D cuts
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- March 10, 2025
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Newspaper/Magazine Article
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- Financial Times
VoxDevLit on Foreign Direct Investment
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.
Foreign Direct Investment and Development
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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
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- February 12, 2025
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Journal Article
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- 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.