Alvstam, Claes; Ivarsson, Inge; Petersen, Bent - In: International Journal of Emerging Markets 15 (2019) 1, pp. 111-130
Purpose: The hallmark of today’s global value chains (GVCs), still dominated by multinationals from advanced economies, is a sophisticated international division of labor based on scale economies and prevailing factor endowment differences between countries. However, GVCs led by...