Four significant business developments are taking place in the global economy of the 21st century:
• Flattening of our world through the global Internet (Friedman, 2005)
• Advancing technology
• Newfound interest in globalization
• Fears of how to thrive, not just survive in a very competitive global environment
Combining these four drivers creates a powerful force that contributes to economic growth, development and prosperity in our world.
Read more about this: Small Business Globalization: A Historical Perspective
Be sure to catch the other parts to this three-part series: