As globalization, specialization and outsourcing progress into normal practices nowadays, firms operating within global value chains become increasingly popular. Faced with intensified technology advancement and shortening product life cycles, the firms are pressured to remain competitive by means of innovation. However, concepts of capturing value from innovation and global value chain management have not been studied in an integrated manner. Studies on global value chain have rarely been conducted from the perspective of individual firm. This study investigates the mechanism and factors enabling the firms within global value chains to secure value of their innovation from a firm's perspective.
This study has developed an integrated framework for capturing value from innovations within global value chains and has applied multiple-case study methods to examine the framework by analyzing four companies. The findings which are consistent with the framework reveal not only that value to be captured depends on how and in what forms the innovations are adopted but also that the innovating firms can influence adoption of innovation through proactive interaction within the global value chains to gain direct access to the desirable parties. Furthermore, adaptation, collaboration and business model are co-related and interact with one another to positively affect innovation, adoption of innovation and eventually abilities to capture value of innovations.
This study contributes to the academics by confirming that the firm's abilities to capture value of innovation are positively related to the process of innovation adoption and that the firm's abilities to connect directly with the desirable network participants can positively influence adoption of innovation. For the managers, findings of this study and the integrated framework can serve as guidelines to enhance value appropriability within the global value chains.
|Commitee:||Abdul-Hamid, Husein, Laraqui, Saad, Parker, Mark|
|School:||University of Maryland University College|
|Department:||Doctor of Management Program|
|School Location:||United States -- Maryland|
|Source:||DAI-A 73/06, Dissertation Abstracts International|
|Keywords:||Adaptation, Business model, Collaboration, Global value chain, Innovation, Value creation and capture|
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