Global value chain governance: Intersections with international business
Sarah E. McWilliam,
Jung Kwan Kim,
Ram Mudambi () and
Bo Bernhard Nielsen
Journal of World Business, 2020, vol. 55, issue 4
The international business (IB) literature has always analyzed multinational enterprises (MNEs) as firms that internalize market transactions across national borders. Over the last few decades, these firms have evolved from vertically integrated organizations to network orchestrators that coordinate geographically dispersed economic activities. In other words, they are the primal actors within global value chains (GVCs). Despite the commonality of their objects of study, the incorporation of GVC research into mainstream IB remains embryonic and fragmented. This review uses the lens of the eclectic paradigm to funnel disconnected strands of the GVC governance literature from multiple disciplines into a coherent framework. Based on a systematic examination of 143 theoretical and empirical studies, we scrutinize the theory, methods and empirical evidence to promote a more structured integration of GVC governance into future IB research.
Keywords: Global value chains; Governance; Eclectic paradigm; Multinational enterprises; Externalization; Global factory; Outsourcing; Polarity; Co-evolution (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:worbus:v:55:y:2020:i:4:s1090951618309118
Ordering information: This journal article can be ordered from
http://www.elsevier. ... 620401/bibliographic
Access Statistics for this article
Journal of World Business is currently edited by David Collings and Jonathan Doh
More articles in Journal of World Business from Elsevier
Bibliographic data for series maintained by Catherine Liu ().