Bringing history into international business
By: Geoffrey Jones and Tarun Khanna
Contributors: Khanna, Tarun; Harvard Business School. Division of Research
Series: Working paper / Division of Research, Harvard Business School -- 05-013; Working paper (Harvard Business School. Division of Research) -- 05-013
Publisher: Division of Research, Harvard Business School
Published: 2004
Place of publication: Boston
Language: eng
Number of pages: 24
Description: We argue that the field of International Business should evolve its rhetoric from the relatively uncontroversial idea that "history matters" to exploring how it matters. There are three conceptual reasons for doing so. First, historical variation is at least as good as contemporary cross-sectional variation in illuminating conceptual issues. As an example, we show that conclusions reached by the literature on contemporary emerging market business groups are remarkably similar to independently reached conclusions about a very similar organizational form that was ubiquitous in the age of empire. Second, history can allow us to move beyond the oft-recognized importance of issues of path-dependence to explore the roots of Penrosian resources. Third, there are certain issues that are un-addressable, except in the really long (that is, historical) run. Exploring the causal relationship (if any) between foreign direct investment, a staple of the International Business literature, and long-run economic development provides one important example.
Notes: "August 28, 2004"--Added t.p.

Includes bibliographical references.