Acting Globally but Thinking Locally? The Influence of Local Communities on Organizations

Title: Acting Globally but Thinking Locally? The Influence of Local Communities on Organizations
Authors: Christopher Marquis and Julie Battilana
Publication: HBS Working Paper
Abstract:

"We develop an institutional theory of how local communities continue to matter for organizations, and why community factors are particularly important in a global age. Since globalization has taken center stage in both practitioner and academic circles, research has shifted away from understanding effects of local factors. In this paper, our aim is to redirect theoretical and empirical attention back to understanding the determinants and importance of local influences. We review classical and contemporary research from organizational theory, sociology and economics that have focused on geographic influences on organizations."

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