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Breaking up the Global Value Chain

Devinney, Timothy M. / Pedersen, Torben
Breaking up the Global Value Chain
With intensified global competition, institutional changes and reduced communication costs the propensity of firms to reconfigure their global value chain and separate their activities across national boundaries has increased markedly. It enables firms to combine the benefits arising from specialization and increased flexibility with location advantages. Consequently, large parts of manufacturing and other more standardized activities have bee...

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