Organizing the Global Value Chain
We develop a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages. In each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage-specific component. Our model yields a sharp characterization for the op...
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Main Authors: | , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2012
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/soe_research/1384 https://ink.library.smu.edu.sg/context/soe_research/article/2383/viewcontent/25_2012_OrganizingtheGlobalValueChain.pdf |
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Institution: | Singapore Management University |
Language: | English |