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Global Value Chains and Upgrading – Experiences of Hungarian Firms in the Machinery Industry
| Content Provider | Semantic Scholar |
|---|---|
| Author | Éltető, Andrea Magasházi, Anikó Szalavetz, Andrea |
| Copyright Year | 2015 |
| Abstract | Global production networks and global value chains have become widespread today. In these cases firms locate the various stages of their value adding activities across different countries2. The activities of global value chains form a new phase of globalisation characterised by fragmented production, transfer of technology, and decreasing transport costs (Kaplinsky 2013). Developing countries are involved in these production networks, perceiving this as an important (if not the only) way to develop. The Central European countries have taken an active part in the chains of multinational firms since the nineties. The benefit derived from this participation varies across sectors and firms. In this article we analyse the experiences of Hungarian companies in the machinery industry. The structure of the article is the following. After a description of the basic research question and methodology, a literature review is provided. In the following section we introduce the companies surveyed and review their product-, processand functional upgrading experiences. Finally, we discuss our findings and suggest some managerial and policy implications. Journal of Economic Literature (JEL) codes: F23, M21 |
| Starting Page | 5 |
| Ending Page | 22 |
| Page Count | 18 |
| File Format | PDF HTM / HTML |
| DOI | 10.21845/comp/2015/1/1 |
| Volume Number | 14 |
| Alternate Webpage(s) | http://competitio.unideb.hu/wp-content/uploads/2016/03/XIV-1/1_%C3%89ltet%C5%91_Magash%C3%A1zi_Szalavetz_press.pdf |
| Alternate Webpage(s) | https://doi.org/10.21845/comp%2F2015%2F1%2F1 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
