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Trends in international business thought and literature: Traversing the path to insolvency: Lessons from an international alliance in management education

✍ Scribed by Aram, John D. ;Weiss, Ira R. ;Clarke, Ruth

Publisher: Wiley (John Wiley & Sons)
Year: 1996
Weight: 884 KB
Volume: 38
Category: Article
ISSN: 0020-6652
DOI: 10.1002/tie.5060380207

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✦ Synopsis

In 1988 the Madrid Business School (MBS) was created through a cooperative agreement between a small entrepreneurial firm in Madrid, Spain, and a large public institution of higher education in the United States. By mid-1994 MBS was financially insolvent and had closed. Discussion of this case focuses on two questions: first, could the American partner have taken any actions to increase the likelihood of MBS as a viable institution? Second, what constitutes a strategic approach to international cooperative agreements? Both issues offer lessons for entering into and participating in international cooperative agreements in higher education. @ 1996

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