When the EIBA Fellows were started, John Dunning was elected as its first Dean. Together with John Cantwell as Secretary, he made the EIBA Fellows' first term into an extremely successful period with the organization of interesting and relevant panel sessions at the Ljubljana and Oslo conferences and the special award for a young scholar.

The EIBA Fellows have elected Klaus Macharzina as John Dunning's successor. Klaus is a longstanding member of EIBA who co-organized the Berlin meeting in 1988 and was in charge of the 1990 conference at the University of Hohenheim, Stuttgart, of which he was Vice Rector and Rector between 1994 and 2002. He is now Emeritus Professor of his university and received no less than three honorary professional degrees. Professor Macharzina has left a big footprint in international business by his editorship, especially of the well known Management International Review (MIR) which he developed in to one of the leading journals in our area during 35 years. A remarkable achievement.

Congratulations to Krysztof Obloj from Warsaw University, School of Management, and Mats Forsgren from Uppsala University, who have been elected as new Fellows of EIBA.

At the EIBA annual conference in Ljubljana in December 2004, the EIBA Fellows announced a new EIBA Fellows Research Award for a Promising Young Scholar in International Business. This Award has been kindly sponsored for 2005-06 by the Wandel and Goltermann Foundation, based in Germany. The winner of the Young Scholar's award was to receive € 15,000. The purpose of this award is to help to broaden the research programme of promising younger scholars in the international business field, to widen their network of research contacts and open a new research collaboration for them at an early stage of their academic careers, and to enhance the formation of international research exchange arrangements amongst international business scholars. The award is given for the conduct of some specified piece of original research in a new host institution, and not for the completion of any coursework requirements. Currently registered doctoral students who are working on an international business topic, or those that have successfully defended such theses within the last three years, were eligible to apply.

In May 2005, it was resolved to make the EIBA Fellows Award to a Promising Young Researcher to Jahan Peerally for her project to be conducted at the Richard Ivey School of Business in the University of Western Ontario in Canada on the topic of 'International versus National R&D Collaborations: A Study of Canadian Manufacturing SMEs'. The decision to make this award to Jahan was made by a committee of the EIBA Fellows chaired by Professor Klaus Macharzina. Jahan is a doctoral candidate of the University of Mauritius, who holds an MSc in International Business from Birkbeck College, University of London. In this project Jahan will collaborate with Tony Frost, Associate Professor of International Business in the Richard Ivey School of Business at the University of Western Ontario, with further support from Paul Beamish, Professor of International Business at the Ivey School. The project began in August 2005, and will run for the academic year 2005-06. Since Jahan was unable to attend this year's EIBA Conference owing to visa problems, a presentation to her was received on her behalf at the gala dinner on Monday 12th December.