Academy Of International Business Essay

The Academy of Education for International Business (AEIB) is a professional body that was created on November 17, 1958, and became operational in 1959 to foster “the creation and dissemination of knowledge about international business and policy issues.” In 1974 the association was renamed the Academy of International Business (AIB).

Today, AIB has more than 3,000 members from 73 countries and is organized into 14 regional chapters geographically: six in Asia and southeast Asia (Australia–New Zealand, China [Beijing], Japan, Korea, Hong Kong, and India); six in North America (one in Canada and five in the United States [midwest, northwest, southwest, southeast, and west]); and two in Europe: Western Europe (Copenhagen) and United Kingdom–Ireland. The Academy is administered by the Dean of Fellows, elected every three years by the body of Fellows of AIB, and the Secretary-Treasurer who is appointed by the Dean “to assist in the affairs of the Fellows Group.”

The stated objectives of the association according to its constitution are (1) to facilitate knowledge sharing; (2) to encourage and foster research activities, and bring together professionals from academia, business, and government; (3) to enhance education in international business and through international cooperation; and (4) to promote internationalization. These objectives are pursued through the organization of international and regional conferences and AIB publications that focus on the multicultural background of its participants and the interdisciplinary methodology of its research.

The AIB organizes yearly international conferences. From 1959 until 1985 the conferences were held in North America (two in Canada and 25 in the United States). However, since then, the location has varied significantly (nine in the United States, five in Europe, three in Asia and Canada, and one each in Australia, Mexico, and Puerto Rico). Each regional chapter holds yearly conferences and is responsible for the chapter’s publications.

AIB publishes the Journal of International Business Studies (JIBS), a highly rated journal according to the Social Science Citation Index. In 2007 it was rated seventh out of 72 in the business category and 10th out of 81 in the management category.

The formation of the AIB Fellows was first brought up in April 1975 by Phillip Grub and Jean Boddewyn (AIB president and vice president at the time) and finally came into existence in 1978 with the appointment of the first president of the AIB Fellows by Richard Farmer, Lee Nehrt. The purposes of the Fellows are “to recognize outstanding contributions to the field of international business, and to provide a forum for discussion among its members,” as it is stated in the constitution of the association voted in January 1978. Fellows “shall be international-business teachers, researchers, and administrators—who have significantly helped develop knowledge and practice in the field.” The body of the AIB Fellows consists of all past presidents and executive secretaries, full-time teachers and researchers, members of the AIB and non-academic members, “entrepreneurs and managers of private and public organizations mainly devoted to international business.” The members are elected by the majority of the Fellows group (since the 1992 amendment) for life.

The original constitution has been amended six times through 2008. These amendments concerned the number, requirements, election process, and structure of the body of Fellows. The most important amendments that are currently applicable to the group of AIB Fellows are two. First, in 1985, the purpose of the Fellows was broadened to include “the exercise of leadership in the field of International Business,” and the initial requirement of one-fifth of the body to be nonacademic entrepreneurs and managers was dropped. Second, with the 1997 amendment the number of Fellows was set at 60 under the age of 66 (the number was initially 100, then in 1982 it was limited to 50, excluding the over-70 Fellows). In 2006–07 the maximum of AIB fellows that can be elected each year was (again) raised to five.

Bibliography:

  1. Academy of International Business, aib .msu.edu (cited June 2008);
  2. Jean Boddewyn, International Business Scholarship AIB Fellows on the First 50 Years and Beyond (JAI Press, 2008).

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