Globalisation 1.0:
[New Trade East+West] Columbus sailed around the world=Not_Flat
[Muscle as the Key Enabler] Countries Globalising - Spanish Armada - British Navy - how much horsepower, wind power, steam power
Globalisation 2.0:
[First Multinational companies] Expansion of the Dutch and English joint-stock companies
[Industrialisation as the Key Enabler]
-Falling transportation costs = the steam engine and the railroad
- Falling telecommunication costs = proliferation of the telegraph, telephones
Globalisation 3.0:
[Empowered individuals] Eroding boundaries - Berlin Wall, Boundaries to information - the PC,
Boundaries to each other and unlimited knowledge - the WWW
[Internet as the Key Enabler]
- falling circuit costs
- extensively networked world = collaboration = Location is irrelevant = OUTSOURCING & OFFSHORING
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