The world of business has always been considered quick and unforgiving, but it is certainly getting even quicker and less forgiving as we enter the new "millennium." New problems have given rise to new approaches while some, but not all, old problems yield new solutions. The theme of this volume...

We briefly review the evolution in the analysis of the boundaries of the firm in global strategy. We explain how initial studies that argued that firm boundaries were driven by the minimization of transaction costs were later complemented by analyses that proposed that firm boundaries were...