An Action Plan for the Role of Business in Fostering Peace

The Davidson Institute conferences provided the context for a wide exploration of plausible connections between business and peace. This article seeks to push research further by exploring how the academic research can be implemented by the business community. If people want to achieve world peace,...

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Bibliographic Details
Published in:American business law journal 2007-06, Vol.44 (2), p.359-377
Main Authors: Fort, Timothy L., Schipani, Cindy A.
Format: Article
Language:English
Subjects:
Anthropology
Business ethics
Communication
Conflict resolution
Defense contracts
Knowledge management
Organizational learning
Peace
Studies
Violence
War
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Summary:The Davidson Institute conferences provided the context for a wide exploration of plausible connections between business and peace. This article seeks to push research further by exploring how the academic research can be implemented by the business community. If people want to achieve world peace, promote free trade, because trade depends on solid relationships that are reinforced by basic ethical and legal practices. This research has identified four possible contributions businesses can make toward more peaceful societies. These include: 1. fostering economic development, 2. adopting principles of external evaluation, 3. nourishing a sense of community, and 4. utilizing track-two diplomacy. To expand the dialogue between business practitioners and academic researchers regarding the role of business in fostering peace, it makes sense to target corporations that are skilled at walking through the stages of learning. If peace is a concept that inherently recognizes mutual respect, academics must find ways to invite dialogue with managers.
ISSN:0002-7766
1744-1714
DOI:10.1111/j.1744-1714.2007.00040.x