The fellowship enables established scholars from around the world whose primary interest is the business and economic history of the United States to spend time in residence at Harvard Business School. The main activities of the Thomas K. McCraw Fellow will be to conduct research in the archives of Baker Library or in other Boston-area libraries, present his or her work at a seminar, and interact with HBS faculty. The Thomas K. McCraw Fellow will receive a stipend of $7,000 to cover travel and living expenses. Fellows are expected to be in residence for a minimum of two months.