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Locating Global Advantage - Industry Dynamics in the International Economy (Hardcover)
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Locating Global Advantage - Industry Dynamics in the International Economy (Hardcover)
Series: Innovation and Technology in the World Economy
Expected to ship within 12 - 17 working days
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What are the forces that are driving firms and industries to
globalize their operations? This volume explores how specific
industries have organized their global operations through case
studies of seven manufacturing industries: garments and textiles,
automobiles and auto parts, televisions, hard disk drives, flat
panel displays, semiconductors, and personal computers. Based on
long-term research sponsored by the Sloan Foundation, the chapters
provide readers with a nuanced understanding of the complex matrix
of factor costs, access to inimitable capabilities, and time-based
pressures that influence where firms decide to locate particular
segments of the value chain.
The book examines globalization within the context of five factors
affecting locational decisions: advances in transportation and
communication; the clustering of knowledge assets; the drive to
reduce cycle times; the commodification of existing products; and
the relative advantages of proximity to customers. The case studies
are framed by Paul Deguid's Preface on the significance of power in
value chains and Bruce Kogut's conclusion on the importance of
knowledge in locational decisions. Together, the chapters reveal a
remarkable diversity of responses across industries to these
forces, and suggest that any understanding of globalization must
appreciate this diversity.
This volume is ideal for both MBA and undergraduate students
studying the location of economic activities by multinational
firms.
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