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Global Value Chains Notes

The document introduces several key concepts: 1. It discusses value chains and how they connect activities within a firm to create cost advantages and differentiation, extending the concept to the industry level through global value chains. 2. Business ecosystems are described as networks of connected value chains that have evolved with globalization. 3. Global value chains are a consequence of globalization and the evolution of international trade, providing both challenges and opportunities for firms through their supply chains and connections across borders.

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ALANE DE CHAMPS
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36 views3 pages

Global Value Chains Notes

The document introduces several key concepts: 1. It discusses value chains and how they connect activities within a firm to create cost advantages and differentiation, extending the concept to the industry level through global value chains. 2. Business ecosystems are described as networks of connected value chains that have evolved with globalization. 3. Global value chains are a consequence of globalization and the evolution of international trade, providing both challenges and opportunities for firms through their supply chains and connections across borders.

Uploaded by

ALANE DE CHAMPS
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Global value chains:

Session 1: Introduction

- From value chain to business ecosystems

o Competitive advantage

Def: when I can do something better than my competitors.

Low-cost differentiation
(what the client cares about, the
client can pay more for the product)

Or both (double competitive advantage)

Customer willingness to pay – custo = valor criado

- Value chain

Value chains activity:


- Cost position
- Differentiation
Each activity contributes to a firm’s relative cost position and creates the basis for
differentiation.
- Industry level value chain: extending to the industrial level.

RBV resource-based view (RBV)  capabilities  comp adv


Value chains VCH (we will focus in VCH)

How de we connect value chain to supply chain

- Supply chain :
Supplier of supplier  Supplier  firm  client  client of client

Business ecosystem is a network of connected value chains. (Next generation)

GVC are a consequence if globalization and evolution of international trade.

NB: APS due 21/08


Aps groups of 4
Project groups of 8

Course 2:

One of the main points: providing a holistic view of the firm

- Value chain
- SC
- BE

GLOBALIZATION AND ITS CHALLENGES

Globalization is free movements of goods services and ideas between countries.

- International commerce of product and services moves more than 30$ trillion/year

- A flat world? the competition between markets and countries is becoming a part of a
large complex global supply chain extending across oceans.

Challenges:

- Growth fever: differences in domestic and international markets penetration induce a


growth fever.
- Scale economies: not the case based on 18 studies.
- Statelessness
- Ubiquity
- Centralization and standardization

How to deal with the differences:

Gravity model !

CAGE framework – country

Course 3: International Trade:

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