Prof. Milton Rajaratne

Senior Professor

Department of Operations Management,
Faculty of Management,
University of Peradeniya

miltonrajaratne@mgt.pdn.ac.lk

+94813832614, +94716815590

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Academic/Professional Qualifications

Bachelor

B.Com.(1st Class and Scholar Award,Peradeniya)

Diploma

DIB (Swarthmore College, USA), DIJ (Osaka University, Japan)

Master

M.Sc. in Development Economics – Wakayama University, Japan

Ph.D

PhD in International Business – Osaka City University, Japan

Appointments
  • Visiting Professor (Hokkaido University, Japan)
  • Founder Dean, Faculty of Management, University of Peradeniya
  • Founder Head, Department of Operations Management, Faculty of Management, University of Peradeniya
  • Head, Department of Management Studies, Faculty of Arts, University of Peradeniya Member, Governing Council, University of Peradeniya
  • Member, Board of Management, Postgraduate Institute of Humanities and Social Sciences Chairman, Steering Committee to establish Faculty of Management
  • Chairman, Board of Study, BBA (Online) degree program, University of Peradeniya
  • Chairman, Department Higher Degrees Committee, Faculty of Arts, University of Peradeniya
  • Chairman, B.Com. Course Unit Structure and Curriculum Development Committee, Faculty of Arts, University of Peradeniya
  • Co-founder, Taiki Kusaka and Milton Rajaratne Friendship Prize for Excellence in Entrepreneurship, University of Peradeniya
  • Economist, Central Bank of Sri Lanka Consultant, Asian Development Bank - Water Research Project
  • Member, Management Standing Committee, University Grants Commission Member, Editorial Board, National Science Foundation
  • Chairman, Institutional Review Panel, Ministry of Higher Education
  • Chair, International Conferences held by Universities and Institutes
Memberships/ Awards

  • Visiting Professor, Hokkaido University, Japan
  • Scholarship, Japanese Government Scholarship
  • Scholarship, Commonwealth, New Zealand
  • Merit award, University of Peradeniya,
  • Scholarship, Swarthmore College, Pennsylvania, USA
  • Scholarship, University education, Sri Lanka Government
  • Member, Peradeniya University Alumni Association
  • Member, Sri Lankan Economists’ Association

Research Interests

  • Management theory
  • Management Thought
  • Entrepreneurship
  • International Business
  • Productivity Management
  • Applied Economics
  • East Asian Economies

Publications and Researches

PUBLICATION OF BOOKS
⦁ Entrepreneurship – Concepts, Processes and Practice (Singapore: Palgrave-Macmillan, 2024) (Pages 640)
⦁ Making of Peradeniya Management Faculty (Kandy: Nethwin Press, 2020) (Pages 180)
⦁ The Direct Investment Policy of Sri Lanka (Germany: Lambert, 2012) (Pages 252)
⦁ Foreign Direct Investment in Sri Lanka: The theory, policy and practice (Japan: KRI, 2009) (Pages 220)
⦁ Foreign Direct Investment as an Alternative Source of Development Finance in Sri Lanka (Japan: KRI, 2009) (Pages 150)
⦁ Sri Lanka Database – CD-ROM publication (Japan: KRI, 2009)
⦁ Sri Lanka Key –a Comprehensive Electronic Database of Sri Lanka (updated up to 2008) http://www.jpp.co.jp/srilankakey
⦁ Foreign Direct Investment and Development
⦁ Opportunities (Japan: KRI, 2009) (Pages 155)
⦁ Ills of the Sri Lanka’s Economy (Kandy: Nethwin Press, 2022) (Pages 293)
⦁ SONY – Entrepreneurship and Management (2nd Ed) (Colombo: Sarasavi Publishers, 2020) (Pages 224)
⦁ Rise of East Asia (Colombo: Sarasavi Publishers, 2019) (Pages 172)
⦁ Panasonic Corporation – Japanese Business Thoughts (2nd Ed) (Colombo: Sarasavi Publishers, 2018) (Pages 236)
⦁ Concise Book of Management (2nd Ed) Colombo: Godage & Co., 2018) (Pages 264)
⦁ The Meaning and Evolution of Management (Colombo: Godage & Co., 2017) (Pages 152)
⦁ Management – Theory and Practice (Kandy: Victory Publishers, 2016) (Pages 388)
⦁ SONY – Entrepreneurship and Management (Colombo: Sarasavi Publishers, 2014) (Pages 302)
⦁ Sri Lanka – The Lost Opportunities (Colombo: Ravaya Publishers, 2012) (Pages 303)
⦁ Panasonic Corporation – Japanese Business Thoughts (Japan: KRI, 2009) (Pages 125)
⦁ Business Studies (Colombo: KRI, 2008) (Pages 549)
⦁ Concise Book of Management (Colombo: KRI, 2005) (Pages 127)

PUBLICATION OF ARTICLES & CHAPTERS
“Benchmarking Book Review Presentations: The ABCDEF-60 Method.” In The Social Science Journal, National Science Foundation, Colombo, Sri Lanka, 2024 – Under review.
⦁ “An inquiry into the indigenous social wisdom of management.” In Professor Anuradha Seneviratne Commemoration Volume, Department of Sinhalese, University of Peradeniya, Sri Lanka, 2023.
⦁ “University is not a mere teaching institution – Then what Jennings envisaged?” In Centennary Volume of Peradeniya University Library, University of Peradeniya, Sri Lanka, 2023.
⦁ “Venture growth – The SHARP way.” In The Management Reader, Faculty of Management, University of Peradeniya, Sri Lanka, 2021.
⦁ “Sri Lanka’s strength as an international industrial location: A theoretical examination.” In Sri Lankan Journal of Business Economics, Department of Business Economics, University of Sri Jayewardenepura, Sri Lanka, 2018.
⦁ “Is Sri Lanka’s FDI-reliant development policy a success? Some theoretical evidence.” In International conference of the Faculty of Humanities and Social Sciences, University of Ruhuna, Sri Lanka, 2017.
⦁ “Potentials for foreign exchange earnings in Sri Lankan tourism industry: Linkage and leakage effect.” In Peradeniya Economics Research Symposium, Vol. III, 2015.
⦁ “Entrepreneurship and Venture Growth: Revisiting the SHARP model” In International Media Communication and Tourism Management Journal, Hokkaido University, Japan, 2011.
⦁ “University Administration on the verge of collapse.” In Sarasavi Viduravi, Federation of University Teachers’Association, 2011.
⦁ “Leadership Training Program: The myth and corruption” In Sarasavi Viduravi, Federation of University Teachers’Association, 2011.
⦁ “Economic Structure Transformation as Development: The role of international industry transmission” In The Peradeniya Journal of Economics, Vol. 2, No. 3 2009.
⦁ “Foreign Direct Investment and Economic Development – Tracing the Investment Development Path in Sri Lanka” In Modern Sri Lanka Studies, Vol. 2, No. 2, 2008.
⦁ “FDI and Development Realities – The theory re-visited” In The Peradeniya Journal of Economics, Vol. 1, No. 1&2, 2007.
⦁ “OLI Factors and International Specialization: Quest for new utilities of the MNC theory” In Osaka City University Business Review, Vol. 9, 1998.
⦁ “Multinational Investment and Economic Development: An emphasis on the structure transformation mechanism” In Osaka City University Business Review, vol. 8, 1997.
⦁ “Entrepreneurship and Venture Growth – In search of a new growth model” In Modern Sri Lanka Studies, Vol. 3, No.3, Faculty of Arts, University of Peradeniya, 2009.
⦁ “Economic Structure Transformation as Development: The role of international industry transmission” In The Peradeniya Journal of Economics, Vol. 2, No. 3, 2009.
⦁ “Historical Facets of the Direct Investment Policy of Sri Lanka – The Plantation Era” In Dayaratne-Banda et al (eds.); Sri Lanka Aarthikaya: Nirbadhikaranaya haa Sanvardhanaya, Publisher: Pathfinder Foundation, Colombo, 2008.
⦁ Working Paper (9802): “The Investment Development Path – An Enquiry” Graduate School of Business Administration, Osaka City University, JAPAN, 1998.
⦁ Working Paper (9708): “Multinational Investment and Economic Development: An Emphasis on the Structure Transformation Mechanism” Graduate School of Business Administration, Osaka City University, JAPAN, 1997.
⦁ Working Paper (9701): “Foreign Direct Investment: An Extensive Essay” Graduate School of Business Administration, Osaka City University, JAPAN, 1997.
⦁ “Economic philosophy of JR Jayawardene” In JR Galdora Bindahelima by LRB Disanayake, 2016.
⦁ ”Rijsssu Videshiiya Aayojana saha Sri Lankawe Aarthika Sanvardhanaya – Nyaayaathmaka Vimarshanayak””””, In Ranjith Bandara (ed.), Sanvardhana Abhiyoga, Prathirodhathaa saha Vikalpa Prathipaththi“- W.D. Lakshman Felicitation Volume, Social Scientists’ Association, Colombo, 2008.

Other Details

OTHER WORKS
⦁ Supipi Piyum - Compact Disc - Lyrics of Sinhalese Songs (2018).
⦁ Poetry – Heart of a Mermaid (Sinhalese) (2016).
⦁ The challenges of Sri Lanka in the 20th century: Collection of Essays, Kusaka Foundation (2000).
⦁ Friends and Other Sinhalese Stories (Japanese Translation) Kusaka Foundation (1997).
⦁ About 200 newspaper articles in English and Sinhala to national newspapers.