Global Value Chains: Who Creates and Who Captures Value from Innovations
Journal Title: Zarządzanie i Finanse - Year 2013, Vol 11, Issue 4
Abstract
Global value chains undergo the process of continuous decomposition. Vertically integrated companies are gradually converted into network structures. Processes of value creation and value appriopriation within networks may be explained using the PFI or IO frameworks. Thus, the value capture position of a firm depends, on one hand, upon existence of dominant design, appropriability regime and the need for complementary assets and on the other hand, upon the bargaining power of the firm
Authors and Affiliations
Włodzimierz Rudny
Keywords
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