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Understanding the dynamics of global value chains for solar photovoltaic technologies

Maria Carvalho, Antoine Dechezleprêtre and Matthieu Glachant
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Maria Carvalho: Grantham Research Institute on Climate Change and the Environment - LSE - London School of Economics and Political Science

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Abstract: China dominates the global solar photovoltaic (PV) value chain, while 15 years ago the demand and supply were located in few Western economies. In this process, the PV industry has seen a booming demand, drastic price decreases along the supply chain, and fierce competition among surviving companies. This paper seeks to understand how this spatial shift has occurred and its drivers, with a specific focus on the role of intangible assets and intellectual property.

Date: 2017
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