The Restructuring of Global Value Chains

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Focusing on the role of emerging economy enterprises, the book explores how these businesses can engage in the international division of labor and ascend the value chain, particularly through the lens of Chinese enterprises. It redefines global value chains and introduces a concept for their restructuring, analyzing motivations and pathways for enterprise upgrading. By examining numerous case studies from mainland China and Taiwan, it emphasizes the importance of transformation in achieving a new equilibrium in the global economy, offering valuable insights for research and policy development.