So far, the research on services in global value chains (GVCs) has insufficiently addressed their multi-dimensional role. Studies mainly point to services as faci¬litatators of global value chains that connect different phases of the business pro¬cess and enable efficient coordination of tasks carried out at global locations. The monograph introduces a more complete and thorough approach to studying the phenomenon in general and in Slovenia. The focus is on characteristics of pure service value chains, where services and/or service functions master the entire value chain. The analysis of the patterns of five companies‘ integration into GVCs allows to identify the key functions in the business process that create the highest value added. This serves as the basis to discuss the suitability of the conceptual approach for studying the global value chains in manufacturing for services glo¬bal value chains. In addition, the main benefits, barriers and risks of company‘s engagement in GVCs are uncovered and a distinction made bewteen those within own GVCs compared to those when collaborating in other companies‘ GVCs. The monograph brings new findings and contributes to deepening the knowledge on services role in global value chains from the perspective of theoretical and conceptual approach, as well as from the perspective of relevance for the design of business strategies and economic policies that may contribute to improving the position of Slovenian service companies in global value chains.
F.02 Acquisition of new scientific knowledge
COBISS.SI-ID: 287517184This paper addresses the multiple roles services play in GVCs and in particular in value creation process of pure service GVCs. Based on case studies of service firms, it shows that the highest value added in pure service GVCs is created in the phase of development, design, marketing and customer relationship management. The findings question the applicability of the smiley curve model for the analysis of pure service GVCs. The paper highlights implications for firms strategies and policy design.
B.03 Paper at an international scientific conference
COBISS.SI-ID: 35213917Proliferation of GVCs puts the share of domestic value added in exports (DVA) in focus. In almost all industries, new EU member states (NMS-10) have lower level of DVA than old EU memeber states (EU-15). The paper looks at main drivers of the differences in DVA between this two groups of countries and it focuses on determinants of DVA. To decompose each country’s exports into domestic and foreign content we use the methodology provided by Koopman et al. (2010) and industry-level data from the World Input-Output Database (WIOD). There are many cases where the determinants have different effects on domestic content of export (exposure to foreign investment, capital endowment, intermediates from China etc.). Among the most evident are intangible capital investments in high knowledge intensive sectors, especially investments in economic competencies, suggesting that specific level of investments in intangible capital is required in order to even integrate in GVC.
B.03 Paper at an international scientific conference
COBISS.SI-ID: 23871206Investment in intangible capital is crucial for knowledge accumulation and strengthening of corporate capabilities and competencies. This paper studies the the differences in the accumulation of intangible capital between those Slovenian companies that are active in global markets and integrated in GVCs and those that are not. The paper is based on the Business Environment and Enterprise Performance Survey database by the EBRD (panels IV and V). Methodologically, the analysis relies of different methods, primarily matching. The results show that the differences are not as pronounced as might be expected. Biggest differences are found in informational capital, while differences in innovative property and investment into strengthening economic competencies are not as pronounced as might be expected.
B.03 Paper at an international scientific conference
COBISS.SI-ID: 23856614Intangible capital is positively related to firm performance. But the literature also suggests that firms that are more productive, have better products, are more innovative, etc. are also more likely to be exporting. This paper investigates whether the firms that invest more into intangible capital, specifically economic competencies, are also more likely to be incorporated into GVCs. The results show that there is a link between the propensity to exports and integration into GVCs and investment into economic competencies, although the link is not strong.
B.03 Paper at an international scientific conference
COBISS.SI-ID: 23834598