History of the Award
The AIB Dissertation Award follows the tradition of Past President, Richard Farmer, of Indiana University, who emphasized a holistic approach to understand the environment of International Business.
With new sponsorship starting in 2013 the AIB Dissertation Award now also recognizes the seminal contribution of Mark Casson and Peter J. Buckley for their 1976 pioneering development of internalization theory as an explanation of the Multinational Enterprise (MNE). In subsequent work, Buckley and Casson have applied internalization theory to explain other modes of international business such as international joint ventures, licensing, offshore assembly and the global factory. Thus starting in 2013, the AIB Dissertation Award recognizes the joint importance of the environment of international business and the nature of the MNE.
Richard N. Farmer was a member of the faculty of the Kelley School of Business at Indiana University for 22 years. An internationally known scholar and prolific author, he was considered to be among the founding fathers of international business in the United States. He served as the President of AIB from 1977-78. After he died in 1987, the dissertation award was named after him. After the original endowment was depleted, the AIB continued to fund the award until 2012 in his name with financial support from the Indiana University Center for International Business Education and Research until 2011 and Michigan State University Center for International Business Education and Research in 2012.
The award is designed to reward superior doctoral dissertations in the field of international business. All finalists receive a travel stipend to allow them to present their research at the AIB annual conference. The winner receives a plaque and an additional scholarship award (specific amounts are announced in the call for submissions annually).