A virtual corporation is a special kind of flexible network,
which combines spacially, temporally, and factually independent
units along the value chain to meet customer needs, realizing a
"one-face-to-the-customer" without any bureaucratic mechanisms,
but mostly supported by a wide range of modern technologies.
Paper No. 67, October 1998, presented at the International Workshop "Business Venture Creation
and New Human Resource Management Strategies in Japan, Europe,
and the USA" German Institute for Japanese Studies (DIJ), Tokyo, October