The Global Business Revolution, Systems Integration and the Cascade Effect

Peter Nolan, Jin Zhang and Chunhang Liu

Chapter 2 in The Global Business Revolution and the Cascade Effect, 2007, pp 15-35 from Palgrave Macmillan

Abstract: Abstract The past two decades have seen a profound change in the global business structure, driven by an explosion in M&A activities in many high value-added industries in the world economy. This chapter examines the key features of the global merger wave as well as its impact on global industry concentration. It also introduces the two other key characteristics of the global business revolution at the end of the twentieth century: the practice of systems integration by the core firm and the cascade effect in global value chains as a result of it. They have profoundly changed the way in which production is organized in the modern capitalist system.

Keywords: System Integrator; Large Firm; Multinational Firm; Global Business; Cascade Effect (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (4)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59744-0_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230597440

DOI: 10.1057/9780230597440_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().