Big Data

Global Value Chains And Internationalization Of SMEs

Download Now Date Added: May 2010
Format: PDF

The paper is oriented at improving the understanding of internationalization strategies of firms by applying the global value chain studies at the firm level, in the context of SMEs. An original contribution of the paper is to apply such theoretical approach to the Italian model of economic organization mainly characterized by local manufacturing systems. The hypothesis is that SMEs select the mechanism of governance for supplier selection and management in their international value chains consistently with their business models and the level of suppliers' competences. The paper discusses how SMEs develop a mix of mechanisms of governance of their supply chains depending on the firm strategy and the specificities of the countries of destination of SMEs' outsourcing strategies.