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The Future of the Global Corporation: From Fortress Firms to Cambrian Corporations
Author(s) -
Esposito Mark,
Groth Olaf J.,
Tse Terence
Publication year - 2015
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/tie.21696
Subject(s) - corporation , fortress (chess) , humanity , business , macro , economy , economics , political science , finance , law , history , ancient history , computer science , programming language
What might be the future of “the innovative global corporation”? There has been a profound evolution of the corporation over the past 100 years. Corporations have, willingly or unwillingly, developed an ever‐greater macro and micro role in societies. In many parts of the world, they have become more powerful and wealthy than governments, and their global influence, by any account, is massive. As engines of economic growth, innovation, and technological progress, they have brought much good to humanity. © 2015 Wiley Periodicals, Inc.