Nurturing International Business research through Global Value Chains literature: A review and discussion of future research opportunities

Valentina De Marchi, Eleonora Di Maria, Ruggero Golini, Alessandra Perri

Research output: Indexed journal article Articlepeer-review

78 Citations (Scopus)

Abstract

This article offers a comprehensive and systematic review of the literature on Global Value Chains (GVCs). The GVC framework has received growing attention in the last decade, providing theoretical concepts and analytical tools to understand and assess patterns of value creation in view of the new international division of labour. In this area, a broad overlap of research interest exists with the international business (IB) literature. Yet, few interactions between the two fields of study have been recorded so far. Performing a quantitative content analysis on all academic publications on GVCs in the period 1994−2018, this paper describes the evolution of GVC studies, emphasizing points of contact and potential synergies with the IB literature. It also identifies research opportunities along the four key dimensions of the GVC framework: geographical and industrial scope, governance, upgrading, and institutional context.

Original languageEnglish
Article number101708
JournalInternational Business Review
Volume29
Issue number5
DOIs
Publication statusPublished - Oct 2020
Externally publishedYes

Keywords

  • Global value chains
  • Governance
  • Institutions
  • International business
  • Literature review
  • Quantitative content analysis
  • Upgrading

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