THE COMPLEX, YET SMALL WORLD OF GLOBAL MULTINATIONALS – INSIGHTS ON SOME APPARENT PARADOXES

Claudia Ogrean and Mihaela Herciu ()

Studies in Business and Economics, 2013, vol. 8, issue 2, 90-101

Abstract: Globalization, as it is today, shapes a complex, networked world – that embeds all the features (both vantages and liabilities) of a complex adaptive system. Being one of the biggest networks that define this world, the system of international business – characterized by diversity, (nondeterministic) interconnectivity and uncertainty – is also characterized by the small-world syndrome. Global multinationals are the best supporting agents in order to dismantle the apparent paradox of the complex, yet small world (and others like it).

Keywords: globalization; complex world; small world; global multinationals (search for similar items in EconPapers)
Date: 2013
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