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The Challenge of the Global Business Revolution

Author

Listed:
  • Peter Nolan
  • Dylan Sutherland
  • Jin Zhang

Abstract

This paper looks closely at a key hypothesis of Stephen Hymer, namely that a small number of giant corporations would soon dominate each sector of the global economy. The article shows that, although the nature of the large corporation has changed profoundly, Hymer's basic insight has proven correct. Copyright 2002, Oxford University Press.

Suggested Citation

  • Peter Nolan & Dylan Sutherland & Jin Zhang, 2002. "The Challenge of the Global Business Revolution," Contributions to Political Economy, Cambridge Political Economy Society, vol. 21(1), pages 91-110, December.
    • Handle: RePEc:oup:copoec:v:21:y:2002:i:1:p:91-110
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    Citations

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    Cited by:

    1. John Mathews, 2006. "Dragon multinationals: New players in 21 st century globalization," Asia Pacific Journal of Management, Springer, vol. 23(1), pages 5-27, March.
    2. Mohammad Yamin, 2011. "A Commentary on Peter Buckley’s Writings on the Global Factory," Management International Review, Springer, vol. 51(2), pages 285-293, April.
    3. Bonaglia, Federico & Goldstein, Andrea & Mathews, John A., 2007. "Accelerated internationalization by emerging markets' multinationals: The case of the white goods sector," Journal of World Business, Elsevier, vol. 42(4), pages 369-383, December.
    4. Janis Kapler, "undated". "The Theory of the Firm, the Theory of Competition and the Transnational Corporation," Working Papers 6, University of Massachusetts Boston, Economics Department.
    5. William MILBERG, 2004. "The changing structure of trade linked to global production systems: What are the policy implications?," International Labour Review, International Labour Organization, vol. 143(1-2), pages 45-90, March.
    6. Milberg, William S.,, 2004. "The changing structure of international trade linked to global production systems : what are the policy implications?," ILO Working Papers 993701203402676, International Labour Organization.
    7. Federico BONAGLIA & Andrea GOLDSTEIN & John MATHEWS, 2006. "Accelerated Internationalisation by Emerging Multinationals: the Case of White Goods Sector," Working Papers 270, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    8. repec:ilo:ilowps:370120 is not listed on IDEAS
    9. Yamin, Mohammad & Forsgren, Mats, 2006. "Hymer's analysis of the multinational organization: Power retention and the demise of the federative MNE," International Business Review, Elsevier, vol. 15(2), pages 166-179, April.
    10. Abdul Sattar & Temesgen Hordofa Tolassa & Muhammad Noshab Hussain & Muhammad Ilyas, 2022. "Environmental Effects of China’s Overseas Direct Investment in South Asia," SAGE Open, , vol. 12(1), pages 21582440221, February.
    11. Daekwan Kim & Ruey-Jer Bryan Jean & Rudolf R. Sinkovics, 2018. "Drivers of Virtual Interfirm Integration and Its Impact on Performance in International Customer–Supplier Relationships," Management International Review, Springer, vol. 58(3), pages 495-522, June.

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