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Corporate Linkages, Local Employment and Uncertainty: A Framework for Analysis

ABSTRACT

(http://faculty.washington.edu/krumme/papers/tesg77.html)


The paper presents the broad outline of a framework and some initial empirical findings related to communication processes and patterns of uncertainty between large industrial job-providing organizations and their local communities. The optimal allocation of resources, particularly labor resources, within and between regions is hampered by a general lack of information about the plans and intentions of such large corporations. In cases where firms do provide local employment forecasts and subjective expectations about likely future corporate developments, there are nevertheless serious questions relating to the accuracy of such forecasts, the withholding of underlying assumptions and the visibility of inherent biases. A model which expresses the formation of expectations and the processes of learning by local "stakeholders" affected by large organizations still awaits final specification of relevant parameters. Initial pilot investigations were carried out in the context of the communication relationships between the Boeing Company and the Seattle area community.


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1977/1999 [krumme@u.washington.edu]