# Professor Pankaj Ghemawat's research on the impact of globalization on public companies' revenue is referenced

1 Faculty News September 17, 2016 ![The Economist logo](/sites/default/files/styles/246w/public/assets/images/uat_025662.jpg?itok=1_MW1PTy)>

Excerpt from [The Economist](http://www.economist.com/news/special-report/21707049-power-technology-globalisation-and-regulation-why-giants-thrive) -- "[Pankaj Ghemawat](http://www.stern.nyu.edu/faculty/bio/pankaj-ghemawat), of the Stern School of Business at New York University and the IESE Business School at Navarra, Spain, calculates that America’s top 1,000 public companies now derive 40% of their revenue from alliances, compared with just 1% in 1980."

[Read more](http://www.economist.com/news/special-report/21707049-power-technology-globalisation-and-regulation-why-giants-thrive)