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What do we know about Global Value Chains?

In the recent years, Global Value Chains became a widely adopted framework by academics and practitioners – providing theoretical concepts and analytical tools to understand and assess patterns of value creation in view of the new international division of labour.

This article offers a comprehensive and systematic review of the literature on GVCs, describing the evolution over time of GVC studies along the four key dimensions of the GVC framework: geographical and industrial scope, governance, upgrading, and institutional context. Additionally it offers insights into how the GVC literature can support the International Business literature, highlighting point of contacts and avenues for future research.

For more info: V De Marchi, E Di Maria, R Golini, A Perri (2020) Nurturing international business research through global value chains literature: A review and discussion of future research opportunities, International Business Review

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