Global value chains, financial constraints, and innovation

Local Innovation and Global Value Chains in Developing Countries

The GVC approach has stressed that inter-firm linkages within GVCs can play a crucial role in transferring technological knowledge and promoting innovation. However, the exact nature of these GVC inter-firms relationships, and their impact on the learning and innovative processes of firms involved in such GVCs in developing countries is still controversial and rather understudied. In this paper...

Corporate Income Taxes , Financial Constraints and Innovation ∗

We examine exogenous changes in state corporate income taxes over the 1988-2006 period and find that tax decreases significantly boost both the quantity, measured by the number of patents, and the quality, measured by citations per patent, of innovative output, while tax increases have little impact on innovation. Most of the impact of tax changes on innovation occurs two or more years after th...

Measuring Iran's Economy Status Indicators in Global Value Chains and Comparison with Selected Countries

​Global value chains are a complex product of the international fragmentation of production expansion that has revolutionized the production organization of the global economy and increased trade in services and intermediary goods. This new form of trade has allowed developing countries to benefit from international trade with specialization and comparative advantage in tasks, without having a ...

Who profits from innovation in global value chains?: a study of the iPod and notebook PCs

This article analyzes the distribution of financial value from innovation in the global supply chains of iPods and notebook computers. We find that Apple has captured a great deal of value from the innovation embodied in the iPod, while notebook makers capture a more modest share of the value from PC innovation. In order to understand these differences, we employ concepts from theories of innov...

Global Value Chains , Economic Upgrading , and Gender