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Executive summary
| Content Provider | OECD iLibrary |
|---|---|
| Organization | OECD |
| Abstract | International investment has been an important driver of globalisation and has grown quickly over the last decades due to the rapid emergence of global value chains. Production processes have become increasingly fragmented as goods are produced sequentially in stages across different countries following the strong decline in communication and co-ordination costs. Firms seek to optimise the production process by locating their various production stages across different sites according to the most optimal location factors across countries. While distribution, sales and production activities were the first to lead the way, research and development (R&D) and decision-making activities have also become increasingly (re-)located internationally. |
| Page Count | 5 |
| Starting Page | 7 |
| Ending Page | 11 |
| Language | English |
| Publisher | OECD Publishing |
| Publisher Date | 2011-04-12 |
| Access Restriction | Open |
| Subject Keyword | Governance Science and Technology |
| Content Type | Text |
| Resource Type | Chapter |
