Corporate architectures between globalisation and deglobalisation

This chapter explores the evolving corporate architectures in the global economy, highlighting the transition from traditional multinational structures to more networked and decentralised organisational models. Key concepts include the “transnational model” and global value chains, which reflect increasing technological integration and global interconnectedness. However, the chapter also identifies a potential reversal in globalisation trends, termed “de-globalisation” or “slowbalisation”. This shift is driven by geopolitical tensions, particularly between the United States and emerging powers like China and Russia. The semiconductor industry serves as a prime example of this transformation, with increasing state intervention and technological nationalism disrupting previously global supply chains. The chapter suggests that while globalisation has historically been characterised by waves of integration and fragmentation, the current period represents a significant challenge to the post-Cold War model of global economic integration. Governments are increasingly weaponising economic and technological factors to compete for global leadership.