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About the InitiativeAbout the Initiative   

The Business History Initiative (BHI) seeks to enable and encourage educators, practitioners and scholars to understand the past in order to better navigate today's global business world. Associated faculty and fellows study the history of capitalism, ecological and social sustainability, innovation, emerging markets, government policies, and gender and racial inequalities using the lens of business and employing comparative perspectives. 

Impact Stories 

Uncovering the roots of innovation

Re: Maki Umemura
[M]y time at Harvard ... immersed me in a vibrant, interdisciplinary, and intellectually stimulating community.

Academic Excellence

Re: Pierre-Yves Donzé
I was particularly impressed by the excellence of the teaching.

Expanding Horizons

Re: Melanie Sheehan
BHI's Postdoctoral Fellowship in Business History offered me an incredible opportunity to learn and grow as a business historian. I arrived at HBS with research and teaching experience in the history of US business, but my time at HBS has broadened and deepened my knowledge of business history as a field.
“The Business History Initiative encourages transformational research and course development on the history of capitalism that is impactful and relevant to scholars, educators, and practitioners worldwide. History provides rich and nuanced evidence on many key debates in the world today.”
Geoffrey Jones
Professor of Business History
Faculty Chair
“The Business History Initiative encourages transformational research and course development on the history of capitalism that is impactful and relevant to scholars, educators, and practitioners worldwide. History provides rich and nuanced evidence on many key debates in the world today.”
Geoffrey Jones
Professor of Business History
Faculty Chair

Faculty & Research 

The New Rules of Trade with China: Navigating Tariffs, Turmoil, and Opportunities

Re: Jeremy Friedman, Meg Rithmire, Jaya Wen, William Kirby & Ebehi Iyoha
  • 23 Jul 2024
  • | 
  • HBS Working Knowledge

Honoring the History of Black Americans in the Military

Re: Hise Gibson
  • 20 Feb 2024
  • | 
  • Harvard Business School

The Beauty Industry: Products for a Healthy Glow or a Compact for Harm?

Re: Geoffrey Jones
  • 21 Nov 2023
  • | 
  • HBS Working Knowledge

Projects 

Historians at Harvard Business School engage in a number of multi-year projects that promote the research and teaching of history, that create new resources for future research, that reexamine the evolution of capitalism, and that bring case method teaching in the field of history to new audiences.
  • Creating Emerging Markets
  • The Medici Project
  • The Way to Wealth Project
  • Case Method Project

Courses 

Since 1927, Harvard Business School has been a pioneer in teaching business history. The Business History Initiative continues this tradition and seeks to facilitate and promote course development in business history globally.

News

2022-2024 Alfred and Fay Chandler Book Award

We are pleased to announce that Richard N. Langlois has won Business History Review's 2022-2024 Alfred and Fay Chandler Book Award for his book, The Corporation and the Twentieth Century: The History of American Business Enterprise. This award is given once every three years to the best book in the field of business history, published in the United States, as determined by a vote of the Editorial Advisory Board of Business History Review.

A review of the book can be found on BHR's Cambridge Core page.

Henrietta Larson Award

Zorina Khan has won Business History Review's Henrietta Larson Award for her article, “Related Investing: Family Networks, Gender, and Shareholding in Antebellum New England Corporations." This award is given each year to the authors of the best article published in BHR, as determined by a vote of the Editorial Advisory Board.

The article can be found on BHR's Cambridge Core page.

2025 Visiting Scholars and Fellowship Recipients 

Gerben Bakker

London School of Economics and Political Science, Alfred D. Chandler Jr. International Visiting Scholar

Gerben Bakker specializes in the long-run analysis of innovation, especially in the creative industries. He has completed award-winning research programs on the history of the live entertainment, motion picture, and music industries, and on the trade in news. Currently he is completing research on the business and economic history of the American motion picture industry since 1945, and he is beginning a new research project on the history of multinationals in the creative industries. His latest publication is “The Terminal Revolution: Reuters and Bloomberg as Global Providers of Financial and Economic News, c. 1960 – 2019,” in Pedro Aguiar and Oliver Boyd-Barrett, eds., The Routledge Handbook of News Agencies (2025).

Gerben Bakker specializes in the long-run analysis of innovation, especially in the creative industries. He has completed award-winning research programs on the history of the live entertainment, motion picture, and music industries, and on the trade in news. Currently he is completing research on the business and economic history of the American motion picture industry since 1945, and he is beginning a new research project on the history of multinationals in the creative industries. His latest publication is “The Terminal Revolution: Reuters and Bloomberg as Global Providers of Financial and Economic News, c. 1960 – 2019,” in Pedro Aguiar and Oliver Boyd-Barrett, eds., The Routledge Handbook of News Agencies (2025).

Adam Hefetz

Postdoctoral Fellow in the History of Capitalism

Adam Hefetz is a historian specializing in Zionism and capitalism, approached through the lens of business history. He earned his Ph.D. in Jewish History from the University of Haifa. He is currently revising his dissertation into a book titled Financing Zionism: The Anglo-Palestine Bank and the Origins of Israeli Capitalism. His second major research project, tentatively titled Profiting from Petroleum: A Global History of Israel’s Oil Companies, explores the integration of Israel’s oil sector into the global fossil fuel economy. Hefetz’s recent publications examine diverse aspects of economic and political history, including the financing strategies of Zionist institutions, the regulation of Palestine’s banking sector, and the intersections of accounting, imperialism, and capitalism in Mandate Palestine.

Adam Hefetz is a historian specializing in Zionism and capitalism, approached through the lens of business history. He earned his Ph.D. in Jewish History from the University of Haifa. He is currently revising his dissertation into a book titled Financing Zionism: The Anglo-Palestine Bank and the Origins of Israeli Capitalism. His second major research project, tentatively titled Profiting from Petroleum: A Global History of Israel’s Oil Companies, explores the integration of Israel’s oil sector into the global fossil fuel economy. Hefetz’s recent publications examine diverse aspects of economic and political history, including the financing strategies of Zionist institutions, the regulation of Palestine’s banking sector, and the intersections of accounting, imperialism, and capitalism in Mandate Palestine.

Christina Lubinski

Copenhagen Business School, Thomas K. McCraw Fellow

Christina Lubinski earned her Ph.D. at the University of Göttingen and was the Newcomen Postdoctoral Fellow at Harvard Business School in 2010. She works across business history and entrepreneurship studies, using historical and humanistic approaches to explore how entrepreneurship shapes and is shaped by society. While here at HBS, she will draw on Baker Library archives to study the Harvard Research Center in Entrepreneurial History, a pioneering postwar research group that grappled with the social and economic role of entrepreneurship, debates that remain central to the field today. Her most recent publications include “Entrepreneurialism: Conceptual Exploration of an Ideology” (Entrepreneurship and Regional Development, 2025), using historical approaches to understand the pervasiveness of entrepreneurship discourse on society. The paperback edition of her book Navigating Nationalism in Global Enterprise was just released by Cambridge University Press, reflecting her ongoing interest in the intersections of entrepreneurship, history, and society.

Christina Lubinski earned her Ph.D. at the University of Göttingen and was the Newcomen Postdoctoral Fellow at Harvard Business School in 2010. She works across business history and entrepreneurship studies, using historical and humanistic approaches to explore how entrepreneurship shapes and is shaped by society. While here at HBS, she will draw on Baker Library archives to study the Harvard Research Center in Entrepreneurial History, a pioneering postwar research group that grappled with the social and economic role of entrepreneurship, debates that remain central to the field today. Her most recent publications include “Entrepreneurialism: Conceptual Exploration of an Ideology” (Entrepreneurship and Regional Development, 2025), using historical approaches to understand the pervasiveness of entrepreneurship discourse on society. The paperback edition of her book Navigating Nationalism in Global Enterprise was just released by Cambridge University Press, reflecting her ongoing interest in the intersections of entrepreneurship, history, and society.

 

Creating Emerging MarketsCreating Emerging Markets   

 

Fellowships 

The business history group awards several fellowships and grants.

Events 

See our latest and past conferences, seminars, and workshops.
  • Business History Review

  • Harvard Studies in Business History

  • Baker Library

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Business History Initiative
Harvard Business School
Connell House 301A
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Phone: 1.617.495.1003
Email: bhi@hbs.edu
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