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Multinationals, Global Value Chains and Governance: The Mechanics of Power in Inter-firm Relations: Routledge Studies on the Chinese Economy

Autor Peter Hertenstein
en Limba Engleză Paperback – 31 mar 2021
This book uses the examples of local supply firms in China and Brazil and their connections to the global automotive industry to explore the nature of current global value chains. It argues that lead firms make use of product architecture to globalize their procurement and supply chain management and that they effectively restructure the global supply base by internationalizing the most capable supply firms, thereby creating oligopolies controlled by the lead firm. The book goes on to contend that some firms have gained such powerful positions that they have gained a degree of control over other firms without the necessity of ownership – altering the mechanics of governance. Also, it shows how, although some supply firms from emerging markets have utilized their business ties with western assembly firms to upgrade themselves within the global value chain, most are squeezed out through increased global competition. Overall, the book makes a major new contribution to the economic theory of governance.
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Specificații

ISBN-13: 9780367784423
ISBN-10: 0367784424
Pagini: 172
Dimensiuni: 156 x 234 x 9 mm
Greutate: 0.06 kg
Ediția:1
Editura: Taylor & Francis
Colecția Routledge
Seria Routledge Studies on the Chinese Economy

Locul publicării:Oxford, United Kingdom

Cuprins

1 The dynamic process of globalization


2 Global value chains


3 Volkswagen – lead firm and orchestrator


4 Participants from the advanced markets


5 Participants from Brazil and China


6 Toward a theory of network orchestration


7 Globalization and the challenge for development

Notă biografică

Peter Hertenstein, who completed his doctorate at the University of Cambridge, is a guest lecturer in International Management at the University of Antwerp, and works in strategy consulting at Roland Berger.



Descriere

This book uses examples of supply firms in China and Brazil and their connections to the automotive industry to explore global value chains. It contends that some firms gain such powerful positions that they gain a degree of control over other firms. The book makes a major new contribution to the economic theory of governance.