Exogenous and endogenous change in global value chains

نویسندگان

چکیده

Zhan (J Int Business Policy https://doi.org/10.1057/s42214-020-00088-0 , 2021) identifies five major forces that will drive the transformation of global value chains (GVCs) and redefine trade investment landscape. The key to understanding GVCs is recognize MNEs control them. A detailed knowledge differing contexts required predict outcomes dynamic processes identified in his paper, but this must be analyzed on a consistent coherent theoretical basis. argument made paper impact these trends can traced through exogenous changes work internalization, location, governance decisions multinational enterprises (MNEs). also initiate some megatrends directly creation new technologies products their direct influence civil society policy at all levels formulation implementation. These interact evolve together with pressure from government give for are predictable determined by context global, national, local circumstances.

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ژورنال

عنوان ژورنال: Journal of international business policy

سال: 2021

ISSN: ['2522-0691', '2522-0705']

DOI: https://doi.org/10.1057/s42214-021-00110-z