Globalization and Entrepreneurship

Globalization and Entrepreneurship

Policy and Strategy Perspectives

The McGill International Entrepreneurship series

Edited by Hamid Etemad and Richard Wright

The contributors to this collection provide a wealth of new analyses of both traditional and emerging aspects of entrepreneurship, from a variety of national perspectives and from a variety of disciplines. Globalization has begun to dismantle the barriers that traditionally segregated local business opportunities and local firms from their international counterparts. Local markets are becoming integral parts of broader, global markets. As globalization proceeds apace, entrepreneurs and small businesses will play a more prominent role on the global business arena. The volume is divided into three sections. The first looks at the internationalization process itself while the second focuses on factors facilitating this process in small and medium-sized firms. The last section examines emerging dimensions in management policy.

Chapter 9: Toward a Transnational Techno-culture: An Empirical Investigation of Knowledge Management

Leo-Paul Dana, Len Korot and George Tovstiga

Subjects: business and management, entrepreneurship, international business

Extract

9. Toward a transnational technoculture: an empirical investigation of knowledge management Leo-Paul Dana, Len Korot and George Tovstiga INTRODUCTION Even before globalization affected society at large, the elite of one country often mixed with the elite of another. Although the peasantry of England had little – if any – contact with that of the Continent, the royalty corresponded with, intermingled with, and even married with the aristocracy in Europe. Take Victoria and Albert, for instance. The Queen of England was married to an individual who was born in a different country than she, and whose mother-tongue was German. While the English commoner had little in common with any Prussian, Victoria and Albert shared a regal culture that transcended national boundaries. She had more in common with her German-speaking husband than with the working class of East London or the herder of the Highlands. What we see is that, in different countries, there was an elite that shared less with the masses of their home country than with the elite of other countries. In other words, the elite shared a transnational culture that transcended national boundaries. In today’s world, the traditional factors of production have given way to knowledge as the driving force behind wealth creation. There is a new transnational elite, based on knowledge. We recall that the royal family of Elizabethan England had more in common with that of Spain than with English-speaking serfs. Along the same lines, we note that the MBA graduate in Spain shares more...

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