Revisiting risk in the Global Production Network approach 2.0 - Towards a performative risk narrative perspective
Philip Völlers,
Thomas Neise,
Philip Verfürth,
Martin Franz,
Felix Bücken and
Kim Philip Schumacher
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Philip Völlers: Institute of Geography, 9186Osnabrück University, Germany
Thomas Neise: Institute of Geography, 9186Osnabrück University, Germany
Philip Verfürth: Institute of Geography, 9186Osnabrück University, Germany
Martin Franz: Institute of Geography, 9186Osnabrück University, Germany
Felix Bücken: Institute of Geography, 9186Osnabrück University, Germany
Kim Philip Schumacher: Institute of Geography, 9186Osnabrück University, Germany
Environment and Planning A, 2023, vol. 55, issue 8, 1838-1858
Abstract:
Until the so-called GPN 2.0 approach placed it on the research agenda, risk had played a subordinate role in the literature on global production networks (GPN). In GPN 2.0, Knight's economic notion of risk is applied and defined as rationally calculable, in contrast to uncertainties. However, this still dominant conceptualization of risk falls short of an actor-centered focus, which is a focal point of the GPN 2.0 approach. Therefore, we advocate for a stronger conceptual integration of a social constructivist premise with a spatio-relational understanding of risk to enhance the explanatory power of GPN risk. This article highlights that GPN risk needs to be framed as becoming causally significant in the perception and expectations of organizational decision-makers. We argue that the organization-environment interaction causes the production and constitution of risk. In pursuit of an integrative research design, we develop a multi-scalar framework based on a performative risk narrative perspective.
Keywords: Global production networks; GPN 2.0; risk; embeddedness; decision-making (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:55:y:2023:i:8:p:1838-1858
DOI: 10.1177/0308518X231169288
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