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Microfoundations of global value chain research

Big decisions by small firms

Bibliographic Data

ID4143597
AuthorsGiulio Buciuni (0000-0003-2365-5643, Trinity Business School – Trinity College Dublin, Dublin, Ireland), Júlio Canello (0000-0002-7510-7238, University of Parma, corresponding author), Gary Gereffi (0000-0002-0905-5206, Global Value Chains Center, Duke University, Durham, USA)
Year2022
Volume54
Issue6
Pages1086-1111
Publication date2022-09-01
Open AccessYes
TypeARTICLE
VenueEnvironment and Planning A Economy and Space (JOURNAL)
Journal identifiersISSN: 0308-518X • E-ISSN: 1472-3409
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0308518x221099025
OpenAlexW4281389791
LanguageEN
Citations received5
References cited70

In this study, we introduce a unique longitudinal dataset from the Italian Ministry of Economy and Finance Annual Survey (IMEFAS) to assess how micro and small enterprises (MSEs) partake in the global economy by tapping into global value chains (GVCs). The results of the empirical analysis show that the great majority of micro and small enterprises are unable to establish direct links with GVCs. However, two sub-categories of subcontractors and branded producers were able to accomplish upgrading and partake in GVCs after the 2008 economic crisis. For both groups of firms, strategies implemented in domestic value chains contributed to their future participation in GVCs. By identifying small firms' value chain decisions associated with their ability to access GVCs directly, this study sheds light on the microfoundations of GVCs. It paves the way for the future intersection of small business economics and GVCs, two areas of research that have seldom talked to each other

Business · Christian ministry · Economics · Industrial organization · Macroeconomics · Microfoundations · Political science · Supply chain · Value chain · Value creation · Global trade and economics · Global trade, sustainability, and social impact · International Business and FDI · Law · Marketing

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Citations per year2.5
Citation span2024 - 2026 (3)
Highly citedNo

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