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Value chain analysis has also been employed in the development sector as a means of identifying poverty reduction strategies by upgrading along the value chain. [12] Although commonly associated with export-oriented trade, development practitioners have begun to highlight the importance of developing national and intra-regional chains in ...
Porter introduced the concept of value chain analysis in his 1985 book, Competitive Advantage: Creating and Sustaining Superior Performance. The value chain comprises each of the activities, from design through distribution, that a company performs to produce a product; these activities are viewed as the “basic units of competitive advantage".
The proliferation of guides has taken place in an environment where key conceptual and methodological elements of value chain analysis and development are still evolving. [14] Many of these guides include not only detailed procedures that require experts to carry out the analysis but also use detailed quasi-academic methodologies. [3]
Global value chains are a network of production and trade across countries. The study of global value chains requires inevitably a trade theory that can treat input trade. However, mainstream trade theories (Heckshcer-Ohlin-Samuelson model and New trade theory and New new trade theory) are only concerned with final goods.
Global Value Chains and Development: Redefining the Contours of 21st Century Capitalism is a 2018 book by American economic sociologist and academic Gary Gereffi published by Cambridge University Press and part of their Development Trajectories in Global Value Chains series.[ 1] The book discusses the Global Value Chains (GVC) framework ...
Value network analysis (VNA) is a methodology for understanding, using, visualizing, optimizing internal and external value networks and complex economic ecosystems. [1][2] The methods include visualizing sets of relationships from a dynamic whole systems perspective. Robust network analysis approaches are used for understanding value ...
Porter's four corners model is a predictive tool designed by Michael Porter that helps in determining a competitor's course of action. Unlike other predictive models which predominantly rely on a firm's current strategy and capabilities to determine future strategy, Porter's model additionally calls for an understanding of what motivates the competitor.
A global production network is one whose interconnected nodes and links extend spatially across national boundaries and, in so doing, integrates parts of disparate national and subnational territories". [1] GPN frameworks combines the insights from the global value chain analysis, actor–network theory and literature on Varieties of Capitalism.
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