The Routledge Companion to the Makers of Global Business draws together a wide array of state-of-the-art research on multinational enterprises. The volume aims to deepen our historical understanding of how firms and entrepreneurs contributed to transformative processes of globalization.

This book explores how global business facilitated the mechanisms of cross-border interactions that affected individuals, organizations, industries, national economies and international relations. The 37 chapters span the Middle Ages to the present day, analyzing the emergence of institutions and actors alongside key contextual factors for global business development. Contributors examine business as a central actor in globalization, covering myriad entrepreneurs, organizational forms and key industrial sectors. Taking a historical view, the chapters highlight the intertwined and evolving nature of economic, political, social, technological and environmental patterns and relationships. They explore dynamic change as well as lasting continuities, both of which often only become visible – and can only be fully understood – when analyzed in the long run.

With dedicated chapters on challenges such as political risk, sustainability and economic growth, this prestigious collection provides a one-stop shop for a key business discipline.

Chapter 31 of this book is freely available as a downloadable Open Access PDF at https://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license. 

part I|92 pages

Introduction and context

chapter 1|14 pages

Introduction to the Makers of Global Business

ByTeresa da Silva Lopes, Christina Lubinski, Heidi J.S. Tworek

chapter 2|18 pages

Origins and Development of Global Business

ByGeoffrey G. Jones

chapter 3|20 pages

The Making of Global Business in Long-Run Perspective

ByMark Casson

chapter 4|14 pages

International Entrepreneurship and Business History

ByChristina Lubinski, R. Daniel Wadhwani

chapter 5|24 pages

Gender, Race, and Entrepreneurship

ByMary A. Yeager

part II|63 pages


chapter 6|14 pages

Government and Regulators

ByNeil Rollings

chapter 7|16 pages

Banks and Capital Markets

ByYoussef Cassis

chapter 8|13 pages

The Internationalization of Executive Education

ByRolv Petter Amdam

chapter 9|18 pages

Consultants and Internationalization

ByMatthias Kipping

part III|155 pages

Organizational forms

chapter 10|12 pages


ByCatherine Casson

chapter 11|18 pages

Merchants and the Origins of Capitalism

BySophus A. Reinert, Robert Fredona

chapter 12|12 pages

Diaspora Networks

ByGijsbert Oonk

chapter 13|16 pages

Trading Companies

ByMichael Aldous

chapter 14|17 pages


ByMads Mordhorst, Kristoffer Jensen

chapter 15|15 pages

Business Groups

ByAsli M. Colpan, Alvaro Cuervo-Cazurra

chapter 16|15 pages

International Business Networks

ByThomas David, Gerarda Westerhuis

chapter 17|15 pages

Clusters as Spaces for Global Integration

ByValeria Giacomin

chapter 18|15 pages

Global Value Chains

ByJan-Otmar Hesse, Patrick Neveling

chapter 19|18 pages

State-Owned Enterprises

ByAndrea Colli, Pasi Nevalainen

part IV|170 pages


chapter 20|17 pages

Global Communications

ByHeidi J.S. Tworek, Richard R. John

chapter 21|17 pages

Electric Power Industry

ByÁlvaro Ferreira da Silva, Isabel Bartolomé Rodríguez

chapter 22|14 pages

Healthcare Industries and Services

ByPaloma Fernández Pérez

chapter 23|14 pages


ByNiels Viggo Haueter

chapter 24|15 pages

Entertainment and the Film Industry

ByPeter Miskell

chapter 25|18 pages


ByPatrick Fridenson, Kazuo Wada

chapter 26|14 pages

Manufacturing and the Importance of Global Marketing

ByPaula de la Cruz-Fernández

chapter 27|14 pages


ByPierre-Yves Donzé, Véronique Pouillard

chapter 28|17 pages


ByGelina Harlaftis

chapter 29|12 pages

Global Commodity Traders

ByEspen Storli

chapter 30|16 pages

The Global Oil Industry

ByMarten Boon

part V|110 pages

Challenges and impact

chapter 31|17 pages

Political Risks and Nationalism

ByTakafumi Kurosawa, Neil Forbes, Ben Wubs
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chapter 32|14 pages

Imitation and Global Business

ByTeresa da Silva Lopes, Andrea Lluch, Gaspar Martins Pereira

chapter 33|14 pages

Combating Corruption

ByIshva Minefee, Marcelo Bucheli

chapter 34|16 pages

Multinational Management

ByRobert Fitzgerald

chapter 35|18 pages

Business and Sustainability

ByAnn-Kristin Bergquist

chapter 36|14 pages

Pollution and Climate Change

ByRaymond G. Stokes, Christopher W. Miller

chapter 37|15 pages

The Great Divergence and the Great Convergence

ByGeoffrey G. Jones