You are looking at 1 - 2 of 2 items

  • Author or Editor: Mari Sako x
Clear All Modify Search
You do not have access to this content

Mari Sako

You do not have access to this content

Mari Sako and Ezequiel Zylberberg

This chapter draws on three branches of management studies – corporate strategy, technology strategy and institutional strategy - in order to develop a framework aimed at analysing and predicting the nature and structure of global value chains (GVCs). First, corporate strategy informs how firms shape GVC governance by making decisions about their boundaries (what to make and what to buy) and their portfolio of trading partners. Second, technology strategy, particularly the profiting from innovation framework, provides insights into how firms capture the value they create when upgrading, by owning or accessing specialized complementary assets. Third, institutional strategy is a useful tool for analysing how firms proactively influence the institutions that govern economic transactions in global value chains. These approaches help GVC research to account for firm-level agency, which contributes to the framework’s theoretical rigour and its relevance for policymakers and managers.