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Journal Articles Journal of International Economics Year : 2012

Globalization and Human Capital Empowerment


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.

Dates and versions

halshs-00754596 , version 1 (20-11-2012)



Dalia Marin, Thierry Verdier. Globalization and Human Capital Empowerment. Journal of International Economics, 2012, 86 (2), pp.209-223. ⟨10.1016/j.jinteco.2011.10.005⟩. ⟨halshs-00754596⟩
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