Buckley, PJ orcid.org/0000-0002-0450-5589, Strange, R, Timmer, MP et al. (1 more author) (2020) Catching-up in the Global Factory: Analysis and Policy Implications. Journal of International Business Policy, 3 (2). pp. 79-106. ISSN 2522-0691
Abstract
MNEs shape the location of activities in the world economy, linking diverse regions in what has been called the global factory. This study portrays the evolution of incomes and employment in the global factory using a quantitative input–output approach. We find emerging economies forging ahead relative to advanced economies in income derived from fabrication activities, handling the physical transformation process of goods. In contrast, convergence in income derived from knowledge-intensive activities carried out in pre- and post-fabrication stages is much slower. We discuss possible barriers to catching-up and policy implications for emerging economies in developing innovation capabilities, stressing the pivotal role of MNEs.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2020 The Author(s). All rights reserved. This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/. |
Keywords: | global factory; convergence; fabrication activities; knowledge-intensive activities; emerging economies |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > International Business Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 08 Jan 2020 12:31 |
Last Modified: | 24 Feb 2023 11:51 |
Status: | Published |
Publisher: | Palgrave Macmillan |
Identification Number: | 10.1057/s42214-020-00047-9 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:155360 |