The Technostructure in John Kenneth Galbraith’s Vision
The Technostructure in John Kenneth Galbraith’s Vision
Author(s): Cătălin MărgineanSubject(s): Business Economy / Management, Epistemology, Philosophy of Science
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Technostructure; Corporation; Power; Entrepreneur;
Summary/Abstract: Large corporations are still an important part of today’s economic scene. Although written more than fifty years ago, The New Industrial State is still a valid perspective on corporation management, on the relation between entrepreneurs and the so called technostrucure, a term introduced by Galbraith by which he defines all the persons who participate in a group decision making. In Galbraith’s view, the power of the modern corporation has passed from the hands of the owners into the hands of the technostructure, a group which basically run the business and have different interests than that of profit making, belonging to the entrepreneurs.
Journal: SEA – Practical Application of Science
- Issue Year: III/2015
- Issue No: 08
- Page Range: 77-81
- Page Count: 5
- Language: English