This research volume is concerned with the causes and consequences of global value chains — the fragmentation of production across firms and international boundaries. Figure 1 provides a schema for thinking about these phenomena. The total value of inputs used in producing a given level of...

In the past decade, policymakers and others in a number of developed countries have expressed concern that firms in their countries appear to be increasingly locating their R&D facilities outside the home country. For example, in Foray and van Ark (2007), we read: “There are concerns expressed...

The circular economy model enables businesses to incorporate regenerative manufacturing systems that use closed-loop resources to achieve economic and environmental sustainability. The work focuses on the circular economy’s competitive advantage from the multinationals apparel industry’s...

Against the background of a changing landscape of trade and investment governance in the 21st century, characterised by the proliferation of deep preferential trade agreements (PTAs), this paper econometrically tests the importance of global value chain trade and regulatory differences in...