What is Transactional capital

This chapter posits that transgenic governance forces are evolving and will engage future international e-business professionals in a multi-polar world of 2050. Social governance will be a cogent and compelling force in a tomorrow’s internationalized world community. This is a call to e-business professionals and academicians to understand and engage themselves in the underlying different perceptions and paradigms, or Weltanschauung, of diverse sectors in a world of rising new cultures. They must become “transgenic” in their perspective and seize every opportunity to develop and sensitize themselves to the socio-political dynamics that influence future growth and development of international e-business systems. An understanding of strategic socio-political forces serves as an inter-organizational learning paradigm that fosters innovation and social responsibility for the betterment of humankind internationally.