The role of tier, ownership and size of companies in value creation and capture

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11310%2F21%3A10430487" target="_blank" >RIV/00216208:11310/21:10430487 - isvavai.cz</a>

Výsledek na webu

<a href="https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=FxoaLSwqn3" target="_blank" >https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=FxoaLSwqn3</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1080/09654313.2021.1889991" target="_blank" >10.1080/09654313.2021.1889991</a>

Jazyk výsledku

angličtina

Název v původním jazyce

The role of tier, ownership and size of companies in value creation and capture

Popis výsledku v původním jazyce

This article aims to address two research questions. First, what is the relationship between the basic characteristics of companies engaged in global and regional production networks (such as their tier, ownership, size) and their economic performance. In doing so, we scrutinize the empirical basis for frequent calls to &apos;climb the ladder&apos;. Second, we investigate the extent to which the economic performance of companies is related to their differing intensity of engagement into production networks, something largely disregarded in existing studies. The study uses economic indicators derived from a database covering the evolution of 55 Czech aerospace companies over a 14-year period. The methodology is based on descriptive statistics as well as on canonical correlation that helps to investigate multidimensional conditioning of economic performance of companies. The results show not only large variations in the economic performance of companies, but also several counter-intuitive trends. Our analysis consistently yielded the statistically significant finding that lead firms and first-tier suppliers are able to sacrifice short-term profitability and level of value added in order to reach a higher level of value capture. Therefore, the difference between value creation and value capture require careful consideration by researchers as well as by policymakers when comprehending the costs and benefits of functional upgrading.

Název v anglickém jazyce

The role of tier, ownership and size of companies in value creation and capture

Popis výsledku anglicky

This article aims to address two research questions. First, what is the relationship between the basic characteristics of companies engaged in global and regional production networks (such as their tier, ownership, size) and their economic performance. In doing so, we scrutinize the empirical basis for frequent calls to &apos;climb the ladder&apos;. Second, we investigate the extent to which the economic performance of companies is related to their differing intensity of engagement into production networks, something largely disregarded in existing studies. The study uses economic indicators derived from a database covering the evolution of 55 Czech aerospace companies over a 14-year period. The methodology is based on descriptive statistics as well as on canonical correlation that helps to investigate multidimensional conditioning of economic performance of companies. The results show not only large variations in the economic performance of companies, but also several counter-intuitive trends. Our analysis consistently yielded the statistically significant finding that lead firms and first-tier suppliers are able to sacrifice short-term profitability and level of value added in order to reach a higher level of value capture. Therefore, the difference between value creation and value capture require careful consideration by researchers as well as by policymakers when comprehending the costs and benefits of functional upgrading.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50701 - Cultural and economic geography

Projekt

<a href="/cs/project/GA19-03754S" target="_blank" >GA19-03754S: Výzkum zapojení firem do globálních produkčních sítí: regionální a odvětvová analýza firem působících v České republice</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

European Planning Studies

ISSN

0965-4313

e-ISSN

—

Svazek periodika

29

Číslo periodika v rámci svazku

11

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

20

Strana od-do

2101-2120

Kód UT WoS článku

000619747200001

EID výsledku v databázi Scopus

2-s2.0-85101142541