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Dalia Marin, Thierry Verdier, Globalization and the New Enterprise, Journal of the European Economic Association, Volume 1, Issue 2-3, 1 May 2003, Pages 337–344, https://doi.org/10.1162/154247603322390973
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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.
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© 2003 by the European Economic Association
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