The Academy of International Business Foundation and the Eldridge Haynes Memorial Trust award the Haynes Prize for the Most Promising Scholar. The winning paper must have been accepted for presentation at the AIB conference through a double-blind-review process, and have been written by an author or authors under 40 years of age. The winner is selected by the AIB Best Paper Selection Committee. The author receives a plaque and a scholarship award (amount is announced in the call for submissions annually) at the awards ceremony at the AIB annual meeting.

Originally, the Eldridge Haynes Prize was for the best original essay on some aspect of international business, preferably with an interdisciplinary perspective. The competition was open to authors under 40 years of age and a prize of $5000 was awarded every other year from 1992-1998. In 1999, the AIB Executive Board changed the award to the Haynes Prize for Best Paper at the AIB annual meeting to coincide with current trends in academic research. In 2002, the AIB Best Paper Award sponsored by Temple University's Fox School of Business was inaugurated to reward research excellence for all ages of presenters at the AIB meeting.


Winner(s):Mirko H. Benischke
Affiliation: University of Auckland
Article:The Effect of CEO Compensation on their Responses to Institutional Pressures: Evidence from the Choice between Cross-Border Alliances and Acquisitions


Winner(s):Elitsa R. Banalieva
Affiliation: Northeastern University
Article:Making the Most of the Second Best: Synchronization of Reforms Rhythms, Slack, and Performance of Transition Economy Firms


Winner(s):Julien Gooris (Université libre de Bruxelles) and Carine Peeters (Solvay Brussels School of Economics and Management)
Article:Home-Host Country Distance and Offshore Vertical Boundary Decisions


Winner(s):Prithwiraj Choudhury
Article:Knowledge Creation in Multinationals


Winner(s):Thomas Hutzschenreuter, Ingo Kleindienst, and Boris Bieberstein (WHU - Otto Beisheim School of Management)

Article: Extending the Depth of the Multinational Network: Evidence from Cross-border Acquisitions

Selection Committee Chair: Ivo Zander 


Winner(s):Guy L.F. Holburn (University of California, Berkeley) and Bennet A. Zelner (Duke University)

Article: Policy Risk, Political Capabilities and International Investment Strategy: Evidence from the Global Electric Power Industry

Selection Committee Chair: Andrew Delios 


Winner(s):Christian Geisler Asmussen, Copenhagen Business School

Article: Local, Regional, or Global? Quantifying MNC Geographic Scope

Selection Committee Chair: Peter Buckley 


Winner(s):Xufei Ma, National University of Singapore and Jane Lu, Singapore Management University

Article: Business Group Affiliation as Institutional Linkages: An Integration of Resource-Based View and Institutional Perspective

Selection Committee Chair: Peter Buckley 


Winner(s):Jasjit Singh

Article: Distributed R&D, Cross-Regional Ties and Quality of Innovative Output

Selection Committee Chair: Chuck Kwok 


Winner(s):Markus Mäkelä, Helsinki University of Technology and Markku Maula, Helsinki University of Technology

Article: Foreign Venture Capitalists’ Institutionalizing Effects on the Internationalization of Entrepreneurial Ventures

Selection Committee Chair: Saeed Samiee 


Winner(s):Robert Salomon, University of Southern California, and Xavier Martin, New York University

Article: Technology Transfer and Implementation: Exploring the 'Time-To-Build' Fabrication Facilities in the Global Semiconductor Industry

Selection Committee Chair: Saeed Samiee 


Winner(s):Andrew Delios, National University of Singapore and Shige Makino, Chinese University of Hong Kong

Article: Bunched Foreign Market Entry: Competition and Imitation among Japanese Firms, 1980-1998 Download .pdf file (104k)

Selection Committee Chair: Saeed Samiee 


Winner(s):Ishtiaq P. Mahmood, National University of Singapore

Article: The Two Faces of Group Structure

Selection Committee Chair: Bernard Yeung  


Winner(s):Gary A. Knight

Article: Market Orientation and the Channel in International Small and Medium Firms: An Empirical Study

Selection Committee Chair: Tamer Cavusgil 


Winner(s):Subramanian Rangan

Article: The Problem of Search and Deliberation in International Exchange: Exploring Multinationals' Network Advantages

Selection Committee Chair: Jeff Arpan 


Winner(s):Susan Bartholomew

Selection Committee Chair: John Dunning


Winner(s):Srilata Zaheer

Selection Committee Chair: John Dunning


Winner(s):Renee Maulborgne

Selection Committee Chair: John Dunning

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Eldridge Haynes

1904 - 1976

The founder of Business International, Eldridge Haynes was a pioneer in the postwar development of International Business. Following an initial career in journalism and business publishing, becoming Vice-President at McGraw-Hill in the early 1940s, Mr. Haynes founded a monthly magazine, Modern Industry. His international experience began during World War II, when he made several visits to the United Kingdom to examine how British industry was coping with wartime conditions. After the war, he headed an American Management Associate program under which European industrialists were brought to the United States for management training; he also headed an AMA mission that advised the West German government on the introduction of worker participation in the coal and steel industry.

Foreseeing early that international business would be the wave of the future, in 1953 Mr. Haynes founded Business International, a publishing and advisory firm dedicated to assisting American companies which at that time were making their first direct investments abroad. Starting with a weekly newsletter and a group of major corporate clients, BI grew over the years into the premier information source on global business, with a wide range of specialized publications, a diversified international client base, major offices in New York, Geneva, London, Vienna, Hong Kong and Tokyo, and correspondents throughout the world. In 1986, Business International was acquired by the Economist Group of London.

For over two decades, until his death in 1976, Eldridge Haynes was a valued advisor to executives of multinational corporations based in the U.S., Europe, and Japan; a forceful spokesman for the international business community in its relations with governments around the world; and an inspirational advocate of free trade and international investment as the keys to worldwide economic development and peace.