National Organizing Principles of Work and the Erstwhile Dominance of the American Multinational Corporation
Bruce Kogut
Chapter 10 in Organization and Strategy in the Evolution of the Enterprise, 1996, pp 246-287 from Palgrave Macmillan
Abstract:
Abstract Did American development of the largest corporations in the world drive its dominance of world markets in the first three-quarters of this century? The evolution of the large diversified firm and the internationalization of the firm across national borders clearly rank as two of the most important economic developments in the twentieth century. To many, these two developments are linked. In the influential and seminal works of Chandler, the modern corporation arose to exploit fully the new technologies of transport and communication. In his most recent study Scale and Scope: The Dynamics of Industrial Capitalism (1990), Chandler develops the thesis that entrepreneurs gave way to the professional management of firms which succeeded in building, as first movers, three interrelated sets of investments: production, distribution, and management to achieve advantages of scale, scope, or both.
Keywords: Foreign Direct Investment; Firm Size; Small Firm; Large Firm; Direct Investment (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-13389-5_11
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DOI: 10.1007/978-1-349-13389-5_11
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