This report summarizes 39 detailed ETLA case studies of global value chains (GVCs). The findings suggest that the value added in global value chains is less tied to their tangible aspects than what conventional wisdom suggests. Intangible aspects of GVCs tend to be more important, but their poor...

The dynamic capabilities approach is nowadays one of most influential schools in management theory, and this approach calls for systematic reorganizing of company resources and processes due to changing competitive environment. In this chapter, we contribute to emerging knowledge on dynamic...