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Center for Global Business and the Economy

 

Research

The Global Center supports scholarship on a wide range of global management issues. Faculty have published on topics such as funding for development banks, investment and stock prices in the aftermath of capital account liberalizations in developing countries, and the subversion of democracy through corrupt new media.

[Image: Red Queen bookcover]

The Red Queen Among Organizations: How Competitiveness Evolves [Details]
 by William P. Barnett. Princeton: Princeton University Press, 2008

Presentation on the Red Queen (2006)

The red Queen Video File, 1:03 hour (2006 presentation)

Professor William Barnett studies competition among organizations and how organizations and industries evolve over time. He has studied how strategic differences and strategic change among organizations affect their growth, performance, and survival. This research includes empirical studies of technical, regulatory, and ideological changes among organizations, and how these changes affect competitiveness over time and across markets. His studies span a range of industries and contexts, including organizations in computers, telecommunications, research and development, software, semiconductors, disk drives, newspaper publishing, beer brewing, banking, and concerning the environment.

Making IT (bookcover)Making IT: The Rise of Asia in High Tech
The editors build the case that Asian players, including China, India, Japan, South Korea, Taiwan, Hong Kong, and Singapore, are poised to become innovators in information technology, not merely consumers.

On Becoming an IT Powerhouse

The book traces how six regions of Asia—South Korea, Taiwan, Hong Kong, Singapore, China, and finally India—transformed themselves into major participants in the information technology industry since the 1970s. The editors list these similarities:

  • All adopted growth-positive development policies; China and India later than the others.
  • All invested in educating scientists and engineers.
  • All acquired information technologies from foreign entities.
  • Their governments actively promoted IT industries, which helped new firms take advantage of nearly universal standards and growing demand for products in the relatively open U.S. market.
  • All exercised strategic openness to the outside world not only through trade but also through licensing, investments by multinational corporations, and flows of people to and from other countries, including students seeking advanced U.S. degrees.
  • All had linkages with the United States such as students coming to the United States for advanced degrees, often staying to work and, for some, then returning home; extensive trade in goods and services; direct investments; and payments for technology.
  • Their universities focused on producing trained people, rather than on producing new technology.
  • The financial systems of these countries changed, diminishing the role of banks and expanding the role of stock markets. All sought to develop venture capital industries, although the results were mixed.

An excerpt from Making IT: The Rise of Asia in High Tech, edited by Henry S. Rowen and William F. Miller, both professors emeriti of the Stanford Business School, and by Marguerite Gong Hancock, associate director of the Stanford Project on Regions of Innovation and Entrepreneurship, ©2007 Stanford University

Henry Rowen, Marguerite G. Hancock, and William F. Miller editors, Stanford University Press, 2007 [Details]