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What is Global Value Chains

Analyzing International Business Operations in the Post-Pandemic Era
A phenomenon characterized by the division of production into activities and tasks performed in different nations.
Published in Chapter:
Research on International Business and the COVID-19 Pandemic: A Review of the Managerial and Policy Implications
Aytug Sozuer (Yalova University, Turkey)
DOI: 10.4018/978-1-6684-3749-0.ch005
Abstract
The COVID-19 pandemic disrupted international trade networks in 2020. Although worldwide commerce has recovered in the subsequent period, it is anticipated that globalization will make a new turn. The purpose of this study is to review the current research that examines the impact of the pandemic on international business. The methodology encompasses a semi-systematic review, which includes a summary and synthesis of selected empirical papers. The focal content of this review is the implication sections of the articles. By doing so, this study attempts to bridge the research-relevance gap.
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Development-Oriented Approaches to Humanitarian Responses
Global Value Chain refers to people and activities (design, marketing, distribution, and support to consumers, etc.) involved in the production of a product or service when the different stages of the production process are located across different countries.
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The Role of Suppliers in the Greening of GVCs: Evidence from the Sri Lankan Apparel Industry
Globally dispersed networks of industrial structures pertaining to specific products or services which are orchestrated by lead firms.
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Upgrading the Global Value Chains After COVID-19: Some Policy Implications
It defines the processes that are spread all over the world and include all the stages from the first stage of production to the after consumption of all the actors involved in the production processes.
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Internationalization in Times of Uncertainty: Expanding From Europe Towards Asia
Value chains consist of a collection of different activities that a company carries out in order to create value for its customers and to remain competitive ( Porter, 2008 ). By restructuring and outsourcing firm´s activities worldwide, global value chains are formed. A global value chain describes the international dispersion of entrepreneurial activities like trade and investments and a geographical fragmentation of production processes, in which the value of the product or service is increased ( Humphrey & Schmitz, 2002 ).
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The Impact of the Spread of COVID-19 on Globalization: The Future of Globalization
It includes distribution and production processes that are located around the world. The companies wanted to optimize their production and supply processes, so they deployed different stages of production in different places.
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