Market-Driven Management: the Policy Implications
Author(s) -
Nicola Bellini
Publication year - 2008
Publication title -
symphonya emerging issues in management
Language(s) - English
Resource type - Journals
eISSN - 1593-0319
pISSN - 1593-0300
DOI - 10.4468/2008.1.04bellini
Subject(s) - protectionism , obsolescence , autarky , monopolization , politics , globalization , subsidy , economics , international trade , market economy , industrial policy , business , political science , law , marketing , welfare , monopoly
The first policy implication of the diffusion of a Market-Driven Management approach is the same as the spreading of globalization, i.e. the obsolescence of industrial policies as traditionally designed and managed by Nation-States with the established toolbox of protectionism and subsidies, picking ‘national champions’, etc. The growing asymmetry between the physical jurisdiction of political bodies and the global operation space of modern corporations feeds the apparent trend toward company ‘denationalization’
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