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It is generally accepted that a "global chain"-orchestrated by a lead firm-is the relevant unit of analysis for research on contemporary global industries. However, our research shows that value chains (GVCs) and supply chains (GSCs) are only segments of the massively complex "ecosystem of...
Persistent link: https://www.econbiz.de/10013415179
When China acceded to WTO in 2001, there were fears that Chinese firms would lose market share in key sectors to foreign-invested enterprises (FIEs). Although aggregate data often indicate a shift in favour of FIEs, indigenous firms in many cases have slowly increased market share and deepened...
Persistent link: https://www.econbiz.de/10008564758
The rapid evolution of the global economy, driven by digitization and modularization, has outpaced existing theoretical tools. This paper proposes a unified analytical framework for understanding the complexity of digital industries through the lens of Massive Modular Ecosystems. To...
Persistent link: https://www.econbiz.de/10015402407