In France, a "Very Small Enterprise" (VSE) is defined as a legally independent company with fewer than 10 salaried employees. VSEs are characterized by a great deal of movement in the creation, transformation, and disappearance of jobs and the extent of turnover, which seems tied with intensive use of public employment programs, notably…

This newsletter contains two articles dealing with the changing shape of corporations. The article "Trends in Business Culture" argues that Wal-Mart's emergence as the largest corporation in the United States reflects the larger economic shift in the U.S. economy from production of goods to provision of abstract goods such as services…