What Gives A Firm Tight Control For Coordinating A Globally Dispersed Value Chain?
periodical article
Journal of Economic Geography
, pp. 699-725 (27 pages)
Published By: Oxford University Printing
https://www. jstor .org/stable/26161288
The rising share of intangibles in economies worldwide highlights the crucial part of noesis-intensive and creative industries in current and future wealth generation. The recognition of this trend has led to intense contest in these industries. At the micro-level, firms from both advanced and emerging economies are globally dispersing their value chains to control costs and leverage capabilities. The geography of innovation is the outcome of a dynamic process whereby firms from emerging economies strive to catch-upwards with advanced economy competitors, creating stiff pressures for continued innovation. However, 2 distinct strategies tin can be discerned with regard to the control of the value concatenation. A vertical integration strategy emphasizes taking advantage of 'linkage economies' whereby controlling multiple value chain activities enhances the efficiency and effectiveness of each 1 of them. In contrast, a specialization strategy focuses on identifying and decision-making the creative heart of the value chain, while outsourcing all other activities. The global mobile handset industry is used as the template to illustrate the theory.
The aims of the Periodical of Economical Geography are to redefine and reinvigorate the intersection betwixt economics and geography, and to provide a world-grade journal in the field. The journal is steered by a distinguished squad of Editors and an Editorial Board, drawn equally from the 2 disciplines. Information technology publishes original academic research and word of the highest scholarly standard in the field of 'economic geography' broadly defined. Submitted papers are refereed, and are evaluated on the footing of their inventiveness, quality of scholarship, and contribution to advancing understanding of the geographic nature of economic systems and global economic change.
Oxford University Press is a department of the Academy of Oxford. Information technology furthers the University's objective of excellence in research, scholarship, and education by publishing worldwide. OUP is the world's largest university press with the widest global presence. It currently publishes more than than 6,000 new publications a year, has offices in around fifty countries, and employs more than than v,500 people worldwide. It has get familiar to millions through a diverse publishing program that includes scholarly works in all academic disciplines, bibles, music, schoolhouse and college textbooks, business books, dictionaries and reference books, and bookish journals.
This item is part of a JSTOR Drove.
For terms and utilize, please refer to our
Journal of Economic Geography © 2008 Oxford University Press
What Gives A Firm Tight Control For Coordinating A Globally Dispersed Value Chain?,
Source: https://www.jstor.org/stable/26161288
Posted by: scottchisomen.blogspot.com
0 Response to "What Gives A Firm Tight Control For Coordinating A Globally Dispersed Value Chain?"
Post a Comment