Globalization and the new enterprise

Marin, Dalia and Verdier, Thierry (2003): Globalization and the new enterprise. In: Journal of the European Economic Association, Vol. 1, No. 2-3: pp. 337-344

Abstract

Globalization has been identified by many experts as a new way firms organize their activities. This paper surveys recent work that examines the role of trade integration between similar and dissimilar countries for these changes in corporate organization. It is shown that international competition and international trade both increase the stakes of the firm that affects the behavior of agents inside the corporation. This way, trade integration leads to waves of outsourcing and to convergence in corporate cultures across countries.

• Item Type: Journal article
• Faculties: Economics; Economics > Chairs > Chair of International Economics
• Subjects: 300 Social sciences > 330 Economics
• Language: English