This paper explores how value-chain governance affects the innovation performance of suppliers of intermediate products …. We take advantage of a unique dataset of Italian firms to identify governance regimes along suppliers’ technological … capabilities and the level of explicit coordination in the value chain. Our results indicate that ‘modular’ value-chain governance …

heterogeneous innovation capacities for the firms involved. Differences in the forms of governance underlying buyer …. Adopting new production technologies and realizing synergy effects might allow cost reduction, product innovation and product … upgrading. Even if GVCs represent a rich environment for innovation activities, the extent to which knowledge is created and …