THE TECHNOSTRUCTURE IN JOHN KENNETH GALBRAITH’S VISION

Cătălin Mărginean
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Cătălin Mărginean: Babes-Bolyai University

SEA - Practical Application of Science, 2015, issue 8, 77-81

Abstract: Large corporations are still an important part of today’s economic scene. Although written more than fifty years ago, The New Industrial State is still a valid perspective on corporation management, on the relation between entrepreneurs and the so called technostrucure, a term introduced by Galbraith by which he defines all the persons who participate in a group decision making. In Galbraith’s view, the power of the modern corporation has passed from the hands of the owners into the hands of the technostructure, a group which basically run the business and have different interests than that of profit making, belonging to the entrepreneurs.

Keywords: Technostructure; Corporation; Power; Entrepreneur (search for similar items in EconPapers)
JEL-codes: B19 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2015:i:8:p:77-81

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