EconPapers    
Economics at your fingertips  
 

Firm-level strategy and global value chains

Mari Sako and Ezequiel Zylberberg

Chapter 21 in Handbook on Global Value Chains, 2019, pp 340-353 from Edward Elgar Publishing

Abstract: This chapter draws on three branches of management studies – corporate strategy, technology strategy and institutional strategy - in order to develop a framework aimed at analysing and predicting the nature and structure of global value chains (GVCs). First, corporate strategy informs how firms shape GVC governance by making decisions about their boundaries (what to make and what to buy) and their portfolio of trading partners. Second, technology strategy, particularly the profiting from innovation framework, provides insights into how firms capture the value they create when upgrading, by owning or accessing specialized complementary assets. Third, institutional strategy is a useful tool for analysing how firms proactively influence the institutions that govern economic transactions in global value chains. These approaches help GVC research to account for firm-level agency, which contributes to the framework’s theoretical rigour and its relevance for policymakers and managers.

Keywords: Business and Management; Development Studies; Economics and Finance; Geography (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781788113762/9781788113762.00030.xml (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:18029_21

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().

 
Page updated 2021-06-25
Handle: RePEc:elg:eechap:18029_21