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[An Elementary Theory of Global Supply Chains]
Description of Global Supply Chain
Compares to late 18th century England.
Specialization on global level
The global value chains and economic
globalization project
Standardization of materials and products internationally
Struggles with policies and
adaptions of products
Value Chain Development
"Approaches and activities by seven UN
agencies and opportunities for interagency cooperation"
Political struggles and the UN's view
Global Value Chains
Linking Local Producers
from Developing Countries
to International Market
Gives insight in which organizations
are involved.
Differences in between producing
for brands than just producing
on order.
Values in a firm
Technical value
Organizational value
Personal value
Subjective
Dependent on context
An experience
Flow from the customer
Green tech as comparative advantage
Each country produce what their comparative business advantage allows
The value chain is the full range of activities that firms and workers do to bring a product from its conception to its end use and beyond
developed by Porter (1998)
competitive advantages