ABSTRACT

It is widely recognized that a general relationship exists between technological change and globalization: the widespread impact of new information and communication technologies may be considered, along with the processes of deregulation, as a prerequisite for globalization processes in industry, services and especially in finance (Balcet 1999). Moreover, the new technologies have created the conditions for the spread of inter-firm networks, that characterizes what has been called ‘alliance capitalism’ (Dunning 1997) and represents another crucial dimension of globalization. However, technological globalism is much more than a prerequisite. According to Archibugi and Michie (1997), three main definitions may be considered.