As my term as President of the Academy of International Business (AIB) draws to a close, it’s imperative to reflect on the achievements of the past year and the challenges that lie ahead.
Overview of AIB’s Activities
The AIB, with a membership of 3,400 academics worldwide, serves as a hub for interdisciplinary collaboration in the field of International Business (IB). Our flagship publication, the Journal of International Business Studies (JIBS), stands as a testament to our commitment to advancing scholarly discourse.
Achievements
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Reorganization of Chapters
Several AIB chapters underwent reorganization from national to regional structures. This strategic move aims to foster innovation, prevent undue influence, and promote diversity within regional contexts.
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Establishment of Shared Interest Groups (SIGs)
New SIGs, such as Emerging Markets and Sustainability, have been formed to address specific thematic areas. These groups facilitate focused discussions and organize specialized seminars, enhancing knowledge dissemination within the AIB community.
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Launch of AIB-CIBER Doctoral Academy
In collaboration with eight Centers for International Business Research & Education (CIBERs), the AIB initiated a doctoral training program. This initiative aims to equip doctoral students with essential skills and knowledge in IB theory, pedagogy, and regional studies.
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Strengthened Partnerships
The AIB forged a closer relationship with the United Nations Conference on Trade and Development (UNCTAD). This collaboration seeks to leverage academic expertise to address global challenges, including economic development, sustainability, and international tax policies.
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Continued Growth of AIB Journals
Our journals, including JIBS, Journal of International Business Policy, and AIB Insights, have maintained their impact and relevance in the academic community. These publications serve as platforms for cutting-edge research and scholarly exchange.
Areas for Further Development
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Advocacy for IB Education
Efforts are needed to persuade deans and accrediting bodies of the importance of IB education. Mentorship programs for doctoral students and junior faculty in emerging economies can help strengthen IB research and teaching capacity.
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Adapting to the Future of Globalization
Looking ahead, the future of IB will be shaped by key factors:
- The role of multinational enterprises (MNEs) in technology transfer and best practice dissemination.
- Global coordination to address pandemics, climate change, and emerging technologies.
- The balance between efficiency and resilience in international supply chains.
- The influence of EU standards on global commerce and governance.
Conclusion: Building a Global Civilization
As we navigate the complexities of globalization, collaboration and cooperation emerge as fundamental principles. Despite uncertainties, our collective efforts aim to build a global, technological civilization anchored in common standards and shared values.
In summary, the AIB remains steadfast in its mission to advance knowledge and understanding in International Business. Together, we strive to shape a future marked by cooperation, innovation, and inclusive growth.
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