The Global Value Chain (GVC) framework has become a relevant tool in understanding economic globalization. GVC’s focuses on the international expansion and the geographic fragmentation of production networks. This literature review identifies main trends in the GVC literature regarding the relationship between states and corporations. The main trends are governance and power in the chain as well as the institutional difficulties that occur regarding regulation. It is observed that the theoretical approaches on governance, buyer- and producer-driven chains, as well as the literature on regulation are relatively firm-centric, where the state is viewed as an external influence. This review identifies three areas for future research.
1) The necessity to investigate lead firms in the electronic industry regarding private regulation, and how these regulations affect GVC’s as well as the environment in which they are operating. 2) The relationship between state institutions and private/voluntary initiative and whether or not these private/voluntary initiatives substitute or undermine state regulation. 3) A stronger focus on large-N research in relation to quantitative analysis, which will provide a greater possibility to test GVC analysis, and whether the theoretical framework includes a representative universality.
|Uddannelser||Global Studies, (Bachelor/kandidatuddannelse) Kandidat|
|Udgivelsesdato||18 dec. 2017|