It is argued in this article that the main problem for the modern, globalized firm is not one primarily of the unequal distribution of information, but rather of the difficulty of mobilizing and integrating fragmented forms of localized knowledge. In such a context, the role of new means of telecommunication and cooperative working is investigated. It is shown that networking favors a transparent mode of governance characterized by interlinked actors and their continuous stimulation. Thus, the conceptualization of the globalized firm as a collection of competences offers a framework for analyzing governance mechanisms, involving the issue of incentives. Copyright 1999 by Oxford University Press.
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Volume (Year): 23 (1999) Issue (Month): 2 (March) Pages: 225-41 Download reference. The following formats are available: HTML
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Handle: RePEc:oup:cambje:v:23:y:1999:i:2:p:225-41
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