Department of Strategy and Innovation

Assistant professor

Room: KIL/14.A-2.94

Caroline Witte is an assistant professor of strategy and international management at the Department of Strategy and Innovation. She is mainly interested in strategic management in fragile economies and internationalization strategies in particular. In her research she asks: How can firms in fragile economies take advantage of a volatile institutional context? And more generally, how can firms exploit the opportunities created by risk, uncertainty and discontinuous shocks? In answering these questions she focuses on how the characteristics of risk interact with firm characteristics. In addition, she has an interest in how institutional voids affect the ability of firms to experiment and be agile. Much of her research looks at the phenomena of armed conflict and entrepreneurs in the informal economy.

In 2019 Caroline won the AOM best dissertation award (IM division) for her dissertation titled ‘Bloody Business: Multinational Investment in an Increasingly Conflict-Afflicted World’. In addition, she was nominated for the 2019 AIB best dissertation award and she won the AIB best dissertation proposal award in 2016.

Caroline has a PhD from the Erasmus School of Economics, Erasmus University Rotterdam and an MSc. in Economics and Business from the same institute. She has also worked as an external consultant for the World Bank's Chief Economist Office for the Middle East & North Africa.



Primary research areas

The location choice strategies of multinational companies, International Business in fragile economies, Political risk management, Multinational activity and economic development.  

Administrative tasks

Curriculum Vitae
Link to this homepage
  • BEBUO1005U  Strategic Management
  • CCMVV1914U Global Strategies in a Turbulent World
  • CFSMO1123U  Theory of the Firm

Other teaching activities

Selected publications

Witte, C.T., Burger, M.J., Ianchovichina, E.I., Pennings, E. (2017). Dodging the bullets: An industry-level analysis of multinationals in conflict countries. Journal of International Business Studies, 48(7), 862-892.

Publications sorted by:
Caroline Witte; Martjin J. Burger; Elena I. Ianchovichina / Subjective Well‐Being and Peaceful Uprisings
In: Kyklos, Vol. 73, No. 1, 2020, p. 120-158
Journal article > peer review
Caroline Witte; Martijn J. Burger; Enrico Pennings / When Political Instability Devaluates Home-host Ties
In: Journal of World Business, Vol. 55, No. 4, 6.2020
Journal article > peer review
Caroline Witte; Marcus Møller Larsen / A Legacy from the Informal Economy : On the Relationship between Experimentation and Exporting among African SMEs.
Paper presented at DRUID19 Conference, 2019
Paper > peer review
Caroline Witte / Bloody Business : Multinational Investment in an Increasingly Conflict-afflicted World.
Rotterdam : Erasmus Research Institute of Management 2018, 172 p. (ERIM PhD Series in Research in Management)
Ph.D. thesis
Caroline T. Witte; Martijn (M.J.) Burger; Elena I. Ianchovichina / Subjective Well-being and Peaceful Uprisings
Amsterdam : Tinbergen Institute 2018, 45 p. (Tinbergen Institute Discussion Papers, No. TI 2018-074/VII)
Working paper
Martijn Burger; Elena I. Ianchovichina; Efstratia Arampatzi; Shantayanan Devarajan; Ruut Veenhoven; Caroline Witte / Beyond Shared Prosperity : Measuring Progress of the Bottom 40 Per Cent using Subjective Well-Being Data.
Paper presented at ARIW-Bank of Korea Conference, 2017
Paper > peer review
Caroline T. Witte; Martijn J. Burger; Elena I. Ianchovichina; Enrico Pennings / Dodging Bullets : The Heterogeneous Effect of Political Violence on Greenfield FDI.
In: Journal of International Business Studies, Vol. 48, No. 7, 9.2017, p. 862–892
Journal article > peer review
Caroline Witte; John Dilyard / Guest Editors’ Introduction to the Special Issue : The Contribution of Multinational Enterprises to the Sustainable Development Goals.
In: Transnational Corporations, Vol. 24, No. 3, 2017, p. 1-8
Academic Interests

Outside activities

No outside activities reported.