Local Firm Upgrading in Global Value Chains

Download or read book Local Firm Upgrading in Global Value Chains written by Jan Hauke Holste and published by Springer. This book was released on 2015-05-12 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jan Hauke Holste analyzes how a company can innovate and change its business model to the degree that it can climb up the value chain. His research synthesizes a combination of the global value chain and the business model literature to create a new framework of local firm upgrading. The findings of an empirical test of the model indicate that local firms are more than just a link within a global value chain. Each firm has a choice and inter-firm differences indicate that there is a strong firm level factor. Next to other factors, the founder is the key driver of local firm upgrading. He is possibly the most important element within a firm.