Can the U.S. Become a Base for Serving the Global Economy?

Harvard Business Review

The evidence indicates that the United States is losing its ability to attract and expand the operations of multinationals and their significant contributions to productivity growth, innovation, and high-wage employment. shares of the global operations of U.S.-based million workers in their domestic operations and by double that number in their foreign subsidiaries. multinationals reduced employment in their domestic operations by 23.5%, or 2.12

The 4 Types of Small Businesses, and Why Each One Matters

Harvard Business Review

These are the dry cleaners, restaurants, car repair operations, and local retailers that are part of the fabric of our daily lives. These businesses are often focused on growth, domestically or through exports, and operate with a higher level of management sophistication than Main Street firms. As Harvard Business School’s Michael Porter and Jan Rivkin have noted, strong supply chains bring “low logistical costs, rapid problem solving and easier joint innovation.”