Belussi, Fiorenza; Sedita, Silvia Rita - In: The past, present and future of international business …, (pp. 399-429). 2010
The fragmentation of the production process is a major theme of research in international business. Trade benefits arise from the “slicing up” of the aggregate value chain, as well as the entry of new countries bearing low labor costs. If, initially, multinational corporations (MNCs)...