IU's Kelley School names Rugman as Waters Chair in International Business

March 5, 2001

BLOOMINGTON, Ind. -- Alan M. Rugman, one of the world's leading researchers in the field of multinational business, has been selected as the first recipient of the L. Leslie Waters Chair in International Business in Indiana University's Kelley School of Business. The announcement was made today (March 5) by Dan R. Dalton, the school's dean.

The Waters Chair is named in honor of the Kelley School of Business professor who was instrumental in helping to implement the school's mission of internationalization following World War II.

Rugman comes to IU from Templeton College at the University of Oxford in England, where he served as the Thames Water Fellow in strategic management.

At IU, he joins a faculty that has maintained a longstanding international tradition dating as far back as 1935, when Herman B Wells, prior to becoming the university's president, served as dean of the business school. Under Wells' leadership, IU led the way among public universities in promoting a global view of business as well as education, bringing European leaders from academia and industry to the Bloomington campus.

"We are delighted to welcome to our faculty a scholar whose credentials have the breadth and depth of those held by Alan Rugman," Dalton said. "Numerous political and business leaders have looked to him through the years for advice on international trade and investment. His research and reputation have had a major influence on the international community, and we look forward to providing him the environment and legacy for continuing this sphere of influence."

A Fellow of the Academy of International Business and of the Royal Society of Arts, Rugman has been identified as one of the most frequently cited scholars in international

business. He has lectured widely across North and South America, in Western Europe, and in Australia and East Asia.

His primary research focus in recent years has been in the area of global strategic management, while much of his earlier research centered on the theory of the multinational enterprise.

A prolific writer, Rugman has published over 200 articles dealing with the economic, managerial and strategic aspects of multinational enterprises and with trade and investment policy. He has authored 30 books, including The End of Globalization (Random House), to be published in the United States in April, and is co-editor of The Oxford Handbook of International Business, to be published by Oxford University Press later this year.

A native of England and a citizen of Canada, Rugman previously taught at the University of Toronto, Dalhousie University and the University of Winnipeg. He has been a visiting professor at Columbia Business School, London Business School, Harvard University, the University of California-Los Angeles, the Massachusetts Institute of Technology, Warwick Business School and the University of Paris-La Sorbonne.

He has written for newspapers and business magazines throughout the world, including the London Financial Times and the New York Times.

He earned a B.A. degree in economics from Leeds University, an M.Sc. degree in economic development from London University's School of Oriental and African Studies, and a Ph.D. degree in economics from Simon Fraser University.

Over time he has served as an adviser to two Canadian prime ministers and a consultant to major private sector companies, research institutes and government agencies.

The Kelley School of Business regularly hosts international conferences, scholars and students. It is home to a Global Programs Office, the Global Business Information Network and a Title VI-funded Center for International Business Education and Research (CIBER), as well as numerous international government and private sector-sponsored projects. IU has one of the nation's largest numbers of area studies centers and offers degree programs in more than 50 languages.

(George Vlahakis, 812-855-0846, gvlahaki@indiana.edu or Margaret Garrison, Kelley School of Business, 812-855-3369, magarris@indiana.edu)