Local Firm Upgrading in Global Value Chains

Mehr zum Buch

The analysis focuses on how companies can innovate and transform their business models to ascend the value chain. By merging insights from global value chain and business model literature, a new framework for local firm upgrading is established. Empirical findings reveal that local firms possess agency beyond their roles in the global value chain, with significant inter-firm differences. The research highlights the founder's critical role as a key driver in the upgrading process, emphasizing the importance of individual leadership in fostering firm development.