Siemens Chronicle: From Workshop to Multinational Corporation: From Workshop to Multinational Corporation

Author: Felton Keeling
Publisher:
Publish Date: 1999-12-01
Features: In the history of 20th-century economic development, a powerful group of enterprises—"the Fortune 500" multinational corporations—emerged. According to relevant data, "the Fortune 500" companies account for one-third of the global gross product, one-third of world trade, and 70% of foreign direct investment. These multinational enterprises not only promote the industrial revolution and technological innovation worldwide but also drive the rapid development of the global economy. At the same time, they create outstanding corporate culture while generating immense material wealth, becoming exemplary models for global enterprises to learn from. Wilfried Felton Keeling, born in Cologne in 1947, is a professor with a Ph.D. in philosophy. His university studies focused on history, English language and literature, and national economics. He currently teaches courses in economics, social history, and economic history at the University of Erlangen-Nuremberg. He has published numerous works on economics and social history.