During the last few decades, globalization has transformed economic development in East Asia. The expansion of foreign direct investment, increase in international trade, and accelerated flow of financial and human resources across country borders have triggered rapid industrialization and economic integration in the region.
This volume uses the global value chains (GVC) perspective, to explore how the dynamic interactions between firms from developed and developing economies, together with other factors, have stimulated and shaped the rise of local firm capabilities in East Asia. By extending and modifying the existing GVC perspective, the contributors present their own analytical framework to explain the rise of firm capabilities within value-chain dynamics.
This book is essential reading for all interested in development economics, international trade policy and East Asian economics and studies.
Introduction: Value Chain Dynamics and Capability Formation by Latecomer Firms
Inter-firm Dynamics of Notebook PC Value Chains and the Rise of Taiwanese Original Design Manufacturing Firms
Value Chain Creation and Reorganization: The Growth Path of China's Mobile Phone Handset Industry
Value Chain Dynamics and Local Suppliers' Capability Building: An Analysis of the Vietnamese Motorcycle Industry
Local Firms' Capability Development in Captive Value Chains: Evidence from the Indonesian Motorcycle Industry
To Be or Not to Be a Supplier to TNCs? An Entrepreneurial Approach to Linkage Formation in Malaysian Electronics Industries
Inter-Country Value Distribution in the East Asian Electronics and Automobile Industries: An Empirical Global Value Chain Approach
Summing Up: Global Value Chains and Capability Upgrading in the East Asian Supply Base