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The book examines globalization within the context of five factors affecting locational decisions: advances in transportation and communication; the clustering of knowledge assets; the drive to reduce cycle times; the commodification of existing products; and the relative advantages of proximity to customers. The case studies are framed by Paul Deguid’s Preface on the significance of power in value chains and Bruce Kogut’s conclusion on the importance of knowledge in locational decisions. Together, the chapters reveal a remarkable diversity of responses across industries to these forces, and suggest that any understanding of globalization must appreciate this diversity.
This volume is ideal for both MBA and undergraduate students studying the location of economic activities by multinational firms.
|Preface: In Vino Veritas?|
|2||Globalization in the Apparel and Textile Industries: What Is New and What Is Not?||23|
|3||Globalization, Deverticalization, and Employment in the Motor Vehicle Industry||52|
|4||The Shifting Value Chain: The Television Industry in North America||82|
|5||The Organizational and Geographic Configuration of the Personal Computer Value Chain||113|
|6||Leveraging Locations: Hard Disk Drive Producers in International Competition||142|
|7||Industry Creation and the New Geography of Innovation: The Case of Flat Panel Displays||175|
|8||Globalization of Semiconductors: Do Real Men Have Fabs, or Virtual Fabs?||203|
|9||The Net World Order's Influence on Global Leadership in the Semiconductor Industry||232|
|10||Conclusion: From Regions and Firms to Multinational Highways: Knowledge and Its Diffusion as a Factor in the Globalization of Industries||261|