Globalization and Human Capital Empowerment
Dalia Marin
(1)
,
Thierry Verdier
(2, 3)
Thierry Verdier
- Fonction : Auteur
- PersonId : 737748
- IdHAL : thierry-verdier
- IdRef : 035502037
Résumé
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.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Globalization and Human Capital Empowerment
|
Résumé |
en
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.
|
Auteur(s) |
Dalia Marin
1
, Thierry Verdier
2, 3
1
LMU -
Ludwig Maximilian University [Munich] = Ludwig Maximilians Universität München
( 460393 )
- Professor-Huber-Platz 2, 80539 München, Allemagne
- Allemagne
2
PSE -
Paris-Jourdan Sciences Economiques
( 139754 )
- 48 boulevard Jourdan 75014 Paris
- France
3
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
|
Comité de lecture |
Oui
|
Vulgarisation |
Non
|
Langue du document |
Anglais
|
Nom de la revue |
|
Audience |
Non spécifiée
|
Date de publication |
2012-03
|
Volume |
86
|
Page/Identifiant |
209-223
|
Numéro |
2
|
Public visé |
Scientifique
|
Sous-type de document pour les Articles |
Research article
|
Version du document |
version éditeur
|
Financement |
|
Mots-clés (JEL) |
|
Voir aussi |
|
Domaine(s) |
|
Indexation contrôlée |
|
Mots-clés |
en
International trade with endogenous organizations, The rise of human capital, Theory of the firm
|
DOI | 10.1016/j.jinteco.2011.10.005 |
ProdINRA | 316578 |
UT key WOS | 000302830200003 |
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