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Book Cover
E-book
Author Hertenstein, Peter

Title Multinationals, Global Value Chains and Governance : the Mechanics of Power in Inter-firm Relations
Edition First edition
Published [Place of publication not identified] : Routledge, 2019

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Description 1 online resource (xiv, 158 pages)
Series Routledge Studies on the Chinese Economy
Contents 1 The dynamic process of globalization 2 Global value chains 3 Volkswagen -- lead firm and orchestrator 4 Participants from the advanced markets 5 Participants from Brazil and China 6 Toward a theory of network orchestration 7 Globalization and the challenge for development
Summary This book uses the examples of local supply firms in China and Brazil and their connections to the global automotive industry to explore the nature of current global value chains. It argues that lead firms make use of product architecture to globalize their procurement and supply chain management and that they effectively restructure the global supply base by internationalizing the most capable supply firms, thereby creating oligopolies controlled by the lead firm. The book goes on to contend that some firms have gained such powerful positions that they have gained a degree of control over other firms without the necessity of ownership - altering the mechanics of governance. Also, it shows how, although some supply firms from emerging markets have utilized their business ties with western assembly firms to upgrade themselves within the global value chain, most are squeezed out through increased global competition. Overall, the book makes a major new contribution to the economic theory of governance
Notes Peter Hertenstein, who completed his doctorate at the University of Cambridge, is a guest lecturer in International Management at the University of Antwerp, and works in strategy consulting at Roland Berger
Vendor-supplied metadata
Subject Counseling -- Religious aspects -- Christianity.
Psychotherapy -- Religious aspects -- Christianity.
Psychology and religion.
SOCIAL SCIENCE -- Ethnic Studies -- Asian American Studies.
Counseling -- Religious aspects -- Christianity
Psychology and religion
Psychotherapy -- Religious aspects -- Christianity
Form Electronic book
ISBN 9780429422423
0429422423
9780429748929
0429748922
9780429748936
0429748930
9780429748912
0429748914