Professor Buckley in DAN Management Distinguished Lecture
On 20 November Professor Peter J. Buckley presented the DAN Management Distinguished Lecture ‘The theory and empirics of the structural reshaping of globalisation’.
The talk examined the role of theory, specifically internalisation theory, in examining the structural reshaping of globalisation identifying four empirical changes in the global economy:
- The fracture in the global economy between the USA and China, including “the splinternet”.
- “Systemic Competition” and its consequences.
- Rising VUCA (Volatility, Uncertainty, Complexity and Ambiguity) and corporate responses.
- Innovation. The theoretical response is presented by nested theories of internalisation, relying on common principles and concepts.
The lecture was followed with comments from Professor Alain Verbeke.