Globalization and Human Capital Empowerment

Abstract : Many experts have identified globalization as the new way in which firms organize their activities and the emergence of talent as the new stakeholder in the firm. This paper examines the role of trade integration in the changing nature of the corporation. International trade leads to a 'war for talent' which makes it more likely that an organizational equilibrium emerges in the integrated world economy in which control is delegated to lower levels of the firm's hierarchy empowering human capital. Furthermore, trade integration is shown to lead to waves of decentralization and to convergence in corporate cultures across countries.
Type de document :
Article dans une revue
Journal of International Economics, Elsevier, 2012, 86 (2), pp.209-223. 〈10.1016/j.jinteco.2011.10.005〉
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Soumis le : mardi 20 novembre 2012 - 09:57:07
Dernière modification le : mardi 24 avril 2018 - 17:20:14




Dalia Marin, Thierry Verdier. Globalization and Human Capital Empowerment. Journal of International Economics, Elsevier, 2012, 86 (2), pp.209-223. 〈10.1016/j.jinteco.2011.10.005〉. 〈halshs-00754596〉



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