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Globalization and Global Sourcing in Business Services

In: Business Services in European Economic Growth

Author

Listed:
  • Luis Rubalcaba
  • Desirée Welsum

Abstract

Most large firms contract or use business services as part of an international strategy. New technologies and liberalization of trade and investment allow their business-services provision from remote locations, thereby contributing to the globalization process. Some business services follow the clients and/or generate cross-border trade while others set up foreign subsidiaries. It is a dynamic process with repercussions on employment and value added, international trade, foreign direct investment (FDI), and service-related intangibles. Business services also play an active role in the internationalization of other sectors.

Suggested Citation

  • Luis Rubalcaba & Desirée Welsum, 2007. "Globalization and Global Sourcing in Business Services," Palgrave Macmillan Books, in: Luis Rubalcaba & Henk Kox (ed.), Business Services in European Economic Growth, chapter 12, pages 213-230, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-22879-5_13
    DOI: 10.1057/9780230228795_13
    as

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