University of Worcester Worcester Research and Publications
 
  USER PANEL:
  ABOUT THE COLLECTION:
  CONTACT DETAILS:

The Evolution of International Business Enterprise

Cox, Howard (1997) The Evolution of International Business Enterprise. In: Global Business Strategy. International Thomson, London, pp. 9-46. ISBN 1861523521

[img] PDF
Evolution_of_International_Business.pdf

Download (297Kb)

Abstract

This paper outlines the development of international firms over the period from 1870 to 1945. It shows how British and other European trading firms developed international investment operations using the medium of free-standing companies. This was the origin of Royal Dutch Shell amongst other firms. It then considers the emergence of international Foreign Direct Investment that was stimulated by the developments of the Second Industrial Revolution in the latter years of the nineteenth century. The production of standardised products using system of mass production, and the scientific breakthroughs in chemistry and electrical engineering, amongst others, brought to the fore international firms such as Siemens and General Electric, Singer, British American Tobacco and Ford. The growth of these enterprises suffered a setback during the First World War from which German firms were slow to recover. The Great Depression that followed the US stock market crash in 1929 brought the first era of globalisation to an end. The work of Alfred D. Chandler and Geoffrey Jones in explaining the development of international companies is given particular attention.

Item Type: Book Section
Additional Information:

Copies of this title are available at The Hive. External users should check availability with their local library or Interlibrary Requests Service.

Uncontrolled Keywords: Strategic planning, International business enterprises
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: Academic Departments > Worcester Business School
Depositing User: Howard Cox
Date Deposited: 04 Feb 2008 16:00
Last Modified: 14 Jul 2012 05:00
URI: https://eprints.worc.ac.uk/id/eprint/250

Actions (login required)

View Item View Item
 
     
Worcester Research and Publications is powered by EPrints 3 which is developed by the School of Electronics and Computer Science at the University of Southampton. More information and software credits.