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THEORETICAL UNDERPINNINGS: GLOBAL VALUE CHAINS (GVC) Features of the GVC: Fragmentation of Production Off shoring Outsourcing DIA FDI Joint Ventures Trade-Intermediate products Competitive advantages GVC: Activities required to bring a product or service from conception, through the different phases of production, delivery to final consumers, and final disposal after use.

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THEORETICAL UNDERPINNINGS: GLOBAL VALUE CHAINS (GVC)

Features of the GVC: Fragmentation of Production Off shoring Outsourcing DIA FDI Joint Ventures Trade-Intermediate products Competitive advantages

GVC: Activities required to bring a product or service from conception, through the different phases of production, delivery to final consumers, and final disposal after use.

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