Journal Article | Harvard Business Review | November 2010

Wealth and Jobs: The Broken Link

by Nitin Nohria

Abstract

This article discusses the weakening connections between business growth and job creation. The industrial economy of the 20th century ensured that growing firms would need to add workers, but the increasingly globalized and information-based economy of the early 21st century makes it possible for businesses to increase profits without adding significant numbers of employees.

Keywords: Business Ventures; Economic Growth; Jobs and Positions; Employment; Growth and Development Strategy; Business and Government Relations; Welfare or Wellbeing; Value Creation;

Citation:

Nohria, Nitin. "Wealth and Jobs: The Broken Link." Harvard Business Review 88, no. 11 (November 2010): 44.