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...

Investment in information technology (IT) is an important driver of economic growth and productivity in the United States and other developed countries, but as yet it is not shown to be a significant driver in developing countries. Previous research suggests that IT investment and complementary...

This research asks who captures the greatest value in the global electronics industry by testing the concept of the “smiling curve”, which predicts that the greatest value is captured by upstream and downstream firms, and the lowest value is captured in the middle of the value chain. We test...

List of Figures. List of Tables. 1. Competing in Computers. 2. Globalization of the Computer Industry. 3. Japan and the PC Revolution. 4. Asia's New Competitors: Korea and Taiwan. 5. Asia's New Competitors: Singapore and Hong Kong. 6. Findings from the East Asian Experience. 7. Lessons for...