Breaking Up the Global Value Chain ― Opportunities and Consequences
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With intensified global competition,institutional changes and reduced communication costs the propensity of firmsto reconfigure their global value chain and separate their activities acrossnational boundaries has increased markedly. It enables firms to combine thebenefits arising from specialization and increased flexibility with locationadvantages. Consequently, large parts of manufacturing and other morestandardized activities have been offshored to emerging countries. However,recent developments are challenging this traditional separation betweenadvanced and emerging economies as host of knowledge- and production-intensiveactivities, respectively. Recent research has emphasized the role ofintra-organizational relationships and links among the different parts of thevalue chain. Innovative and productive activities are affected by stronginterdependencies and complementarities, and for some companies the co-locationof R&D and manufacturing is critical for development and innovation. Thisvolume will interest scholars in International Business, Economic Geography,Operations and Supply Chain Management, International Economics, and PoliticalScience.
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