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In an era when new ideas are brought to the market by global value networks of specialists rather than by one company, a key question is who captures the most value from innovation in such a structure, and why? This paper addresses the question of who benefits from innovation in global value...
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In today’s global electronics industry, innovation is carried out by various value chain participants, including brand-name manufacturers (sometimes called lead firms), contract manufacturers, and component suppliers, but there is little understanding of who benefits most from innovation in...
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