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Globalization and the new enterprise

  • Marin, Dalia
  • Verdier, Thierry

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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Paper provided by University of Munich, Department of Economics in its series Munich Reprints in Economics with number 19256.

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Date of creation: 2003
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Publication status: Published in Journal of the European Economic Association 2-3 1(2003): pp. 337-344
Handle: RePEc:lmu:muenar:19256
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