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Global Value Chains and Internationalization of SMEs

Author

Listed:
  • Maria Chiarvesio

    () (Università di Udine)

  • Eleonora Di Maria

    () (Università di Padova)

  • Stefano Micelli

    () (Università di Venezia)

Abstract

The paper is oriented at improving the understanding of internationalization strategies of firms by applying the global value chain studies at the firm level, in the context of SMEs. An original contribution of our paper is to apply such theoretical approach to the Italian model of economic organization mainly characterized by local manufacturing systems. Our hypothesis is that SMEs select the mechanism of governance for supplier selection and management in their international value chains consistently with their business models and the level of suppliers’ competences. The paper discusses how SMEs develop a mix of mechanisms of governance of their supply chains depending on the firm strategy and the specificities of the countries of destination of SMEs’ outsourcing strategies. By exploiting an original dataset of over 1,000 Italian firms, the paper shows that SMEs manage internationalization processes with different patterns across countries.

Suggested Citation

  • Maria Chiarvesio & Eleonora Di Maria & Stefano Micelli, 2010. "Global Value Chains and Internationalization of SMEs," "Marco Fanno" Working Papers 0118, Dipartimento di Scienze Economiche "Marco Fanno".
  • Handle: RePEc:pad:wpaper:0118
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    Cited by:

    1. Maureen Benson-Rea & Christina Stringer, 2015. "Small Firm Specialisation in Global Value Chains: Evidence from the Cut Flower Industry," International Journal of Business and Economics, College of Business and College of Finance, Feng Chia University, Taichung, Taiwan, vol. 14(1), pages 43-62, June.

    More about this item

    Keywords

    Global Value Chain; Internationalization; SMEs; Industrial Districts; Supply Chain Management;

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General

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