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More and more American multinational corporations (MNCs) are outsourcing the production and assembly of their products to foreign companies. When they do so, they derive the largest share of their revenue from the intellectual property embedded in core technological innovation and brand names....
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We investigate the role of global value chains in the declines of manufacturing employment and output in the U … employment across U.S. manufactures. Moreover, we find a modest impact of diversifying or renationalizing global value chains in …
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"The Impact of Innovation on Globalization is the eighth volume of the series China in the World. Like other volumes in … in the world. In view of the theme of "globalization" in this volume, the contributors in this volume pay attention to … how the Covid-19 pandemic impacts and challenges globalization, especially how it affects China, the United States, and …
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