According to a new study prepared by the Tuck School’s Matthew Slaughter, U.S. companies that operate in global markets generate economic benefits domestically, such as job creation and economic growth, reports Bloomberg.
In order to meet demands in foreign markets, businesses, particularly small companies, add employees, Bloomberg notes. “Global engagement of companies helps create jobs not just in their own companies, but others that they do business with, through their supply chains,” says Slaughter.
The study was prepared by Slaughter for the Business Roundtable and the United States Council for International Business, the article notes. Slaughter is the associate dean for faculty, the Signal Companies’ Professor of Management, and faculty director of the Center for Global Business and Government at Tuck.
Read the full story, published 12/4/12 on Bloomberg.