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Industry Global Value Chains, Connectivity and Regional Smart Specialisation in Europe. An Overview of Theoretical Approaches and Mapping Methodologies

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  • Emanuela Todeva

    (BCNED - Business Clusters, Networks and Economic Development)

  • Ruslan Rakhmatullin

    (European Commission - JRC)

Abstract

This paper is the second paper in a series of three papers on Global Value Chains (GVCs), developed under the auspices of the Joint Research Centre (JRC) of the European Commission. It provides a clear understanding and comparison of existing theories and methodologies for mapping value chains and offer a demonstration of the use of such methodologies in the context of S3 and strategic interventions at regional, national and cluster level. The paper provides an overview of five distinctive theoretical frameworks to global value chain research, and related to them methodologies for mapping GVCs, and analysis of patterns of industry diversification and integration. The paper highlights that mapping interconnected industry capabilities at a global scale and GVC analysis requires the use of data on the operations of multinational enterprises (MNEs). This discussion is intricately linked to the third paper in the series, which presents a new methodological approach using a bespoke database of the most innovative biopharma MNEs, describing the step-by-step procedure for building the MNE database and mapping the biopharma GVC at country, region and cluster level. Our policy recommendations are co-aligned with the existing framework - EU industrial policy: ‘Towards Industrial Renaissance’, Regional growth through Smart Specialisation Strategy, COSME programme for SME support, building Circular Economy for sustainable and inclusive growth, cluster internationalisation, and other relevant policy initiatives by the European Commission.

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  • Emanuela Todeva & Ruslan Rakhmatullin, 2016. "Industry Global Value Chains, Connectivity and Regional Smart Specialisation in Europe. An Overview of Theoretical Approaches and Mapping Methodologies," JRC Research Reports JRC102801, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc102801
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    1. Tsekeris, Theodore, 2017. "Global value chains: Building blocks and network dynamics," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 488(C), pages 187-204.
    2. Ascani, Andrea & Bettarelli, Luca & Resmini, Laura & Balland, Pierre-Alexandre, 2020. "Global networks, local specialisation and regional patterns of innovation," Research Policy, Elsevier, vol. 49(8).
    3. Emanuela Todeva & Ruslan Rakhmatullin, 2016. "Global Value Chains Mapping: Methodology and Cases for Policy Makers. Thematic Work on Value Chain Mapping in the Context of Smart Specialisation," JRC Research Reports JRC102803, Joint Research Centre.
    4. Abreha,Kaleb Girma & Lartey,Emmanuel Kwasi Koranteng & Mengistae,Taye Alemu & Owusu,Solomon & Zeufack,Albert G., 2020. "Africa in Manufacturing Global Value Chains : Cross-Country Patterns in the Dynamics of Linkages," Policy Research Working Paper Series 9439, The World Bank.
    5. Emanuela TODEVA & Panagiotis KETIKIDIS, 2017. "Regional Entrepreneurship and Innovation Management: Actors, Helices and Consensus Space," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 5(1), pages 57-76, March.

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