# Professor Pankaj Ghemawat shares what companies operating throughout Spain can learn from companies doing business globally

1 Faculty News August 31, 2016 ![El Economista logo](/sites/default/files/styles/246w/public/assets/images/eleconomista192x144.jpg?itok=uV54Szmr)>

Excerpt from [El Economista](http://www.eleconomista.es/firmas/noticias/7794900/08/16/Cinco-motivos-por-los-que-las-empresas-espanolas-deben-glocalizarse.html) -- "In Spain, Professor [Ghemawat](http://www.stern.nyu.edu/faculty/bio/pankaj-ghemawat)'s theory is absolutely correct, because the differences, especially legislative, existing between our regions require companies to focus their business regionally, while maintaining a national business strategy."

[Read more](http://www.eleconomista.es/firmas/noticias/7794900/08/16/Cinco-motivos-por-los-que-las-empresas-espanolas-deben-glocalizarse.html)