2014

Born to be Global and the Globalisation Process

Särtryck nr 2014:27

Författare: Pehr-Johan Norbäck och Lars PerssonÅr: 2014 Publikation: World Economy Årgång (nr): 37 (5) Sidor: 672–689
Artikeln online (behörighet kan krävas)


During the last decades, we have witnessed a large number of entrepreneurial firms that reach the world market at a fast pace (‘born global firms’). Our analysis suggests that the ongoing globalisation process indeed implies that born to be global firms would be more prominent in the world economy due to the reduction in the cost of exploiting good business ideas globally. However, our analysis also suggests that entrepreneurial firms have incentives to sell their business to incumbents. Indeed, we show that ‘born to be sold global firms’ can be even more frequent as a result of trade liberalisation and the international deregulation of the market for corporate control.


Referens:
Norbäck, Pehr-Johan och Lars Persson (2014), "Born to be Global and the Globalisation Process". World Economy 37(5), 672–689.

Pehr-Johan Norbäck

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Lars Persson

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Tel: 08 665 4504
lars.persson@ifn.se

Aktuell forskare

Henrik Horn

Forskningsområden: Internationella handels- och investeringsavtal, konkurrenspolitik och marknadsregleringar

Några av de frågor Henrik Horn försöker besvara i sin forskning:

  • Hur ska centrala delar av WTO-avtalet tolkas?
  • Hur bör EU:s miljöpolitik utformas?

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