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2023 | OriginalPaper | Chapter

Global Value Chains

Author : Natalya Konina

Published in: World Economy and International Business

Publisher: Springer International Publishing

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Abstract

The global value chains (GVC) are a backbone and extremely important element of the contemporary global economy determining its dynamics to a great extent. GVCs are concentrated in the manufacturing and service sectors. Their operations impact the boundaries and structure of traditional firms and as a result, many multinational enterprises transformed themselves into factoryless firms. From the point of view of management, five GVC governance models can be distinguished. The development of GVCs will be framed by competition, technological revolution, and reshoring.

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Literature
go back to reference Connell, J., Agarwal, R., & Sanjay Dhir, S. (2018). Global Value Chains, Flexibility and Sustainability. Springer. Connell, J., Agarwal, R., & Sanjay Dhir, S. (2018). Global Value Chains, Flexibility and Sustainability. Springer.
go back to reference Dallas, M. P., Ponte, S., & Sturgeon, T. J. (2019). Power in Global Value Chains. Review of International Political Economy, 26(4). Dallas, M. P., Ponte, S., & Sturgeon, T. J. (2019). Power in Global Value Chains. Review of International Political Economy, 26(4).
go back to reference Gereffi, G. (2019). Global Value Chains and International Development Policy: Bringing Firms, Networks and Policy-engaged Scholarship Back in. Journal of International Business Policy, 2(3). Gereffi, G. (2019). Global Value Chains and International Development Policy: Bringing Firms, Networks and Policy-engaged Scholarship Back in. Journal of International Business Policy, 2(3).
go back to reference Gereffi, G., Humphrey, J., & Sturgeon, T. (2005). The Governance of Global Value Chains. Review of International Political Economy,12(1). Gereffi, G., Humphrey, J., & Sturgeon, T. (2005). The Governance of Global Value Chains. Review of International Political Economy,12(1).
go back to reference Teipen, C., Dünhaupt, P., Herr, H., & Mehl, F. (2022). Economic and Social Upgrading in Global Value Chains-Comparative Analyses, Macroeconomic Effects, the Role of Institutions and Strategies for the Global South. Palgrave Macmillan.CrossRef Teipen, C., Dünhaupt, P., Herr, H., & Mehl, F. (2022). Economic and Social Upgrading in Global Value Chains-Comparative Analyses, Macroeconomic Effects, the Role of Institutions and Strategies for the Global South. Palgrave Macmillan.CrossRef
Metadata
Title
Global Value Chains
Author
Natalya Konina
Copyright Year
2023
DOI
https://doi.org/10.1007/978-3-031-20328-2_30

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