Mauro Guillen

• Raquel Garcia-Garcia, Esteban Garcia-Canal, Mauro Guillen (2019), International Dispersion and Profitability: An Institution-Based Approach, Management International Review .
• Laura Fernandez-Mendez, Esteban Garcia-Canal, Mauro Guillen (2019), Power Transitions in the Host Country and the Survival of Subsidiaries in Infrastructure Industries, Global Strategy Journal , 9 (2), pp. 275-302.
• Mauro Guillen and Randall Collins (2019), Movement-Based Influence: Resource Mobilization, Intense Interaction, and the Rise of Modernist Architecture, Sociological Forum , 34 (1), pp. 27-46.
• Nan Zhou and Mauro Guillen (2019), Institutional Complementarities and Corporate Governance: The Case of Hostile Takeover Attempts, Corporate Governance: An International Review, 27 (209), pp. 82-97.
• Paloma Fernandez Perez, Nuria Puig, Esteban Garcia-Canal, Mauro Guillen (2019), Learning from giants: Early exposure to advance markets in the growth and internationalisation of Spanish health care corporations in the twentieth Century, Business History , 61 (3), pp. 404-428.
• Laura Fernandez-Mendez, Esteban Garcia-Canal, Mauro Guillen (2018), Domestic political connections and international expansion: It’s not only ‘who you know’ that matters, Journal of World Business , 53 (5), pp. 695-711.
• Exequiel Hernandez and Mauro Guillen (2018), What’s Theoretically Novel About Emerging Market Multinationals?, Journal of International Business Studies, 49 (1), pp. 24-33. Abstract

  We review the classic theory of the MNE and past attempts to use it to understand the internationalization of firms from emerging markets. We offer two criteria to determine whether EMNEs modify classic theory or not: (1) establishing appropriate theoretical reference points and (2) distinguishing between theoretical constructs and empirical variables. We suggest that the literature can benefit from moving beyond comparing EMNEs to DMNEs and focusing instead on more fruitful issues. Specifically, emerging markets offer the opportunity to observe the origin of the capabilities of MNEs in general and the development of the institutional ecosystem that supports internationalization.

• Mauro Guillen (2018), Symbolic Unity, Dynastic Continuity, and Countervailing Power: Monarchies, Republics, and the Economy, Social Forces .
• Esteban Garcia-Canal, Mauro Guillen, Paloma Fernandez Perez, Nuria Puig (2018), Imprinting and Early Exposure to Developed International Markets, Business Research Quarterly, 21 (), pp. 141-152.
• Mauro Guillen and Laurence Capron (2016), State Capacity, Minority Shareholder Protections, and Stock Market Development, Administrative Science Quarterly, 61 (1), pp. 125-160.
• All Research from Mauro Guillen »

Past Courses

• ANTH0120 - Globalization

  This course sets the current state of globalization in historical perspective. It applies the concepts of anthropology, history, political economy and sociology to the study of globalization. We focus on a series of questions not only about what is happening, but about the growing awareness of it and the consequences of this increasing awareness. In answering these questions we draw on a variety of case studies, from historical examples of early globalization (e.g. The Atlantic and Indian Ocean Worlds, global flows of conspicuous commodities such as sugar, coffee, and tea, the rise and transformations of early capitalism), to issues facing our current globalized world (e.g. mass-mediatization and multilingualism, border regimes and international migration, planetary urbanization). The body of the course deals with particular dimensions of globalization, reviewing both the early and recent history of each. The overall approach is historical and comparative, setting globalization on the larger stage of the economic, political and cultural development of various parts of the modern world. The course is taught by anthropologists who draw from economic, linguistic, sociocultural, archaeological, and historical perspectives, offering the opportunity to compare and contrast distinct disciplinary approaches. It seeks to develop a general social-science-based theoretical understanding of the various historical dimensions of globalization: economic, political, social and cultural.

• GLBS2000 - Global: Soci, Eco, Poli Aspect

  This course offers an analysis of globalizing and anti-globalizing tendencies in the world. It combines the insights of sociology, economics, and political science to provide an understanding of topics such as population and migration trends, the evolution of global consumer and financial markets, the spread of digital technologies, inequality, populism, climate change and food security, and the shifting geopolitical balance of power. Students will learn how different theories explain the current interplay among social, economic, and political forces.

• INTS7210 - Gbl Bus through Humanities

  Drawing on theories within the fields of international relations, international law, and international political economy, plus history, this course equips students with insight into the legal, economic, and historical legacies that are important to understanding the nature of global business today.

• MGMT1980 - Special Topics in MGMT

  Courses offered of various topics and points of focus, ranging across multiple concentrations of Management, (i.e., Entrepreneurial, Strategy, Organizational Effectiveness, etc.).

• MGMT2870 - Global Mgmt Digital Business

  Digital businesses enable users to communicate, interact, share, and engage in transactions. They enable individuals to shop, work, play, and learn, and they offer companies new ways of organizing their value chains, reaching customers, collecting and analyzing information, and creating value. This half-semester, 0.5-cu class deals with the international expansion of businesses through the use of digital technologies. The focus is on the tension between the eminent scalability facilitated by digital technologies and the ruggedness of the international landscape, shaped as it is by demographics, consumer preferences, culture, regulatory structures, and network effects operating at the local, national, regional, and global levels. The class covers both companies launched as digital businesses and traditional companies undergoing a digital transformation. Topics include industry dynamics, the impact of network effects, the sequence of foreign market entry, regulatory risk, strategic interaction, and global versus local strategies for both new digital businesses and established firms undergoing digital transformation. While there are no specific requirements, knowledge of the fundamental concepts of competitive strategy and global strategy is essential to follow this class. Students will learn through interactive class discussions, team-based exercises, and self-made short videos to pitch novel new ideas about digital businesses.

• MGMT6110 - Managing Est Enterprise

  This course is about managing large enterprises that face the strategic challenge of being the incumbent in the market and the organizational challenge of needing to balance the forces of inertia and change. The firms of interest in this course tend to operate in a wide range of markets and segments, frequently on a global basis, and need to constantly deploy their resources to fend off challenges from new entrants and technologies that threaten their established positions. The class is organized around three distinct but related topics that managers of established firms must consider: strategy, human and social capital, and global strategy.

• MGMT6120 - Managing Emerg Entrprse

  This course is about managing during the early stages of an enterprise, when the firm faces the strategic challenge of being a new entrant in the market and the organizational challenge of needing to scale rapidly. The enterprises of interest in this course have moved past the purely entrepreneurial phase and need to systematically formalize strategies and organizational processes to reach maturity and stability, but they still lack the resources of a mature firm. The class is organized around three distinct but related topics that managers of emerging firms must consider: strategy, human and social capital, and global strategy.

• MGMT7870 - Global Mgmt Digital Business

  Digital businesses enable users to communicate, interact, share, and engage in transactions. They enable individuals to shop, work, play, and learn, and they offer companies new ways of organizing their value chains, reaching customers, collecting and analyzing information, and creating value. This half-semester, 0.5-cu class deals with the international expansion of businesses through the use of digital technologies. The focus is on the tension between the eminent scalability facilitated by digital technologies and the ruggedness of the international landscape, shaped as it is by demographics, consumer preferences, culture, regulatory structures, and network effects operating at the local, national, regional, and global levels. The class covers both companies launched as digital businesses and traditional companies undergoing a digital transformation. Topics include industry dynamics, the impact of network effects, the sequence of foreign market entry, regulatory risk, strategic interaction, and global versus local strategies for both new digital businesses and established firms undergoing digital transformation. While there are no specific requirements, knowledge of the fundamental concepts of competitive strategy and global strategy is essential to follow this class. Students will learn through interactive class discussions, team-based exercises, and self-made short videos to pitch novel new ideas about digital businesses.

• MGMT7920 - Global Capstone

  We are living in turbulent times. There are many mutually colliding trends in the realms of demography, technology, the economy, politics, and geopolitics. Acquiring a firm grasp of these trends is needed to ensure continued organizational success and to identify and seize new opportunities for business. How quickly will the world’s population peak? What are the implications of ageing? Are we witnessing deglobalization or just a pause in globalization? Will inequality continue to fuel populism and nationalism? Is net-zero attainable? Which country will be the global hegemon? What are the implications for the future of the dollar?

• MGMT7990 - Special Topics MGMT

  Courses offered of various topics and points of focus, ranging across multiple concentrations of Management, (i.e., Entrepreneurial, Strategy, Organizational Business, etc.).

• MGMT8900 - Advanced Study-Ind

• MGMT8970 - Global Modular Course A

  Special course arranged for Wharton MBA students, focused on global business, management and innovation.

• MGMT8980 - Global Modular Course B

  removing WH 898 as erroneous crosslist.

• PPE3999 - Independent Study

  Student arranges with a faculty member to pursue a research project on a suitable topic. For more information about research and setting up independent studies, visit: https://ppe.sas.upenn.edu/study/curriculum/independent-studies

• SOCI2910 - Globalization

  This course sets the current state of globalization in historical perspective. It applies the concepts of anthropology, history, political economy and sociology to the study of globalization. We focus on a series of questions not only about what is happening, but about the growing awareness of it and the consequences of this increasing awareness. In answering these questions we draw on a variety of case studies, from historical examples of early globalization (e.g. The Atlantic and Indian Ocean Worlds, global flows of conspicuous commodities such as sugar, coffee, and tea, the rise and transformations of early capitalism), to issues facing our current globalized world (e.g. mass-mediatization and multilingualism, border regimes and international migration, planetary urbanization). The body of the course deals with particular dimensions of globalization, reviewing both the early and recent history of each. The overall approach is historical and comparative, setting globalization on the larger stage of the economic, political and cultural development of various parts of the modern world. The course is taught by anthropologists who draw from economic, linguistic, sociocultural, archaeological, and historical perspectives, offering the opportunity to compare and contrast distinct disciplinary approaches. It seeks to develop a general social-science-based theoretical understanding of the various historical dimensions of globalization: economic, political, social and cultural.

• SOCI9999 - Independent Rdgs & Res

  For advanced students who work with individual instructors upon permission. Intended to go beyond existing graduate courses in the study of specific problems or theories or to provide work opportunities in areas not covered by existing courses.

• WH2130 - Global Modular Course B

  TBD

• Wharton Teaching Excellence Award, 2020
• Nominated to the Anvil Teaching Award by a vote of all Wharton MBA students, 2014
• Delivers Clarendon Lectures at Oxford University, 2014
• Elected member of the Sociological Research Association, 2013
• Aspen Institute Faculty Pioneer Award, 2013
• Excellence in Teaching: Core Curriculum (top 10 teaching ratings in Core), 2012
• Spring Core Teaching Award (“Goes above and beyond the call of duty"), 2011
• Finalist, Carolyn Dexter Best International Paper Award, Academy of Management, 2007
• IV Fundación Banco Herrero Prize, awarded annually to the most promising Spanish social scientist under the age of 40, 2005
• Elected Fellow of the Macro Organizational Behavior Society, 2004
• W. Richard Scott Best Paper Award, American Sociological Association, 2003
• Special Mention, Best Paper Award, Section on Comparative and Historical Sociology, American Sociological Association, 2002
• Wharton Core MBA Teaching Award, 2000
• Selected as Guggenheim Fellow, 1998
• As Member of the Institute for Advanced Study, Princeton, 1998
• Gulf Publishing Company Best Paper Award from the Academy of Management, 1997
• President’s Book Award of the Social Science History Association, 1993
• Finalist, American Sociological Association Best Dissertation Award, 1992
• Co-Winner, Sussman Dissertation Prize, Department of Sociology, Yale University, 1992
• Gustavus Myers Award for Outstanding Book on Human Rights, 1991
• Special Mention, Worldwide Competition for Young Sociologists, World Congress of Sociology, International Sociological Association, 1990

• By 2030, the world will be far different. How the pandemic is speeding up global change, Los Angeles Times - 04/25/2021
• The World in 2030, EL PAIS - 04/04/2021
• What’s all the buzz about Bitcoin?, Penn Today - 03/10/2021
• Why Some Countries Respond to Pandemics Better Than Others, Research at Penn - 02/09/2021
• How the Pandemic is Accelerating the Future, National Business Group on Health - 07/20/2020
• How firms are pivoting their businesses since COVID-19, Yahoo Finance - 07/09/2020
• Global Market Trends, Business Insider - 07/07/2020
• How Businesses Have Successfully Pivoted During the Pandemic, Harvard Business Review - 07/07/2020
• A Changed World by 2030, Chief Executive - 06/25/2020
• On the Coronavirus Class at Wharton, Wharton MBA Program - 05/21/2020
• On the Coronavirus, Phil17 - In Focus - 03/28/2020
• First Wharton Coronavirus Lecture, The Daily Pennsylvanian - 03/28/2020
• COVID-19 Impact & New Business Course, Clear Admit - 03/18/2020
• Managing business during a pandemic crisis - On the coronavirus class at Wharton, Philadelphia Inquirer - 03/16/2020
• Coronavirus and Business, CNBC - 03/12/2020
• Current Economic Issues - with Paul Krugman, FRPTV.ES, Madrid - 02/18/2020
• The Monarchy and the Economy, BBC - 01/10/2020
• How a seven-week Wharton course brings the study of cryptocurrency to the classroom, The Daily Pennsylvanian - 11/22/2019
• Current Business and Economic Trends, CNBC, G20 Summit, London - 07/16/2019
• Monarchies vs. Republics: Impact on GDP Per Capita - Video, YouTube (Wharton Global Forum, London) - 06/28/2019
• Modern Monarchy, The Week - 06/21/2019
• As the global population rate slows, opportunities emerge, The Hill - 06/18/2019
• The Economics of Monarchies and Republics, TVE (Spanish Television) - 02/10/2018
• The Rise of Women as Consumers and Wealth-Holders, Asia Times, Shanghai - 06/29/2017
• Moon Should Redefine Role of Presidency, The Korea Times - 05/12/2017
• Protectionism in Global Markets, Wharton Global Forum, Amsterdam - 03/02/2017
• Excuse the Interruption, Export@Google, New York City - 03/16/2016
• Trends in global consumer markets, Wharton Global Forum, Bangkok - 03/14/2015
• Leveraging global trends for growth, Knowledge@Wharton - 04/18/2014
• Faculty Pioneer, Wharton News - 10/09/2013
• Tackling Mexico’s Dysfunctional Telecom Sector: The First Steps Toward Reform - 05/29/2013
• Postcards From the Edge, Global Trade Magazine - 04/09/2013
• Interview for the World Economic Forum, CCTV World Economic Forum, Davos, Switzerland - 01/26/2013
• Emerging Economics and Risks Facing Chinese Economy, CCTV America - 12/27/2012
• Bloomberg TV, The Bloomberg TV - 10/26/2011
• The European Debt Crisis — International economy 101, Radio Times, National Public Radio - 10/26/2011
• IMF Special Report: Sorting Out Spain, Institutional Investor - 09/23/2011
• Global Financial Turmoil, CBS News Radio (New York) - 08/12/2011
• Capital Market Overhaul, Korea Times - 08/01/2011
• Roundtable: Where Are We Heading For?, Korea Times - 04/25/2011
• European Bailouts, Business News Network TV (Canada) - 03/24/2011
• Entrevista, LINK - 07/29/2010
• Economia, Tiempo - 07/02/2010
• Accounts, ASA - 06/30/2010
• China's role in the global recovery, FT.Com - 09/07/2009

Knowledge @ Wharton

• Lessons from COVID-19: Health Care’s Progress and Shortcomings Five Years Later, Knowledge @ Wharton - 03/12/2025
• How COVID-19 Changed the World, Knowledge @ Wharton - 03/11/2025
• How Tax Credits in Renewable Energy Finance Distort Outcomes, Knowledge @ Wharton - 03/11/2025
• Why Hybrid Intelligence Is the Future of Human-AI Collaboration, Knowledge @ Wharton - 03/11/2025
• The Psychology of Paying Taxes | Alex Rees-Jones, Knowledge @ Wharton - 03/11/2025
• How Tariffs Are Reshaping Aviation: Supply Chains, Costs, and Consumers, Knowledge @ Wharton - 03/07/2025
• NFL Combine with Kevin Cole, Knowledge @ Wharton - 03/05/2025
• Retail’s Tough Reality: Lessons from Joann’s Closure, Knowledge @ Wharton - 03/05/2025
• Why Does Gender Income Inequality Still Exist in the U.S.?, Knowledge @ Wharton - 03/04/2025
• Women Moving Forward: Collected Insights, Knowledge @ Wharton - 03/04/2025