This paper investigates the role of knowledge-based capital for participation and value appropriation in global value chains (GVC) for a sample of European countries over 1995–2011. We distinguish between different forms of participation in GVC entailing a different degree of capability to create value added domestically and examine how different intangible assets contribute to countries' engagement and value appropriation in GVC. We find that knowledge-based capital is positively correlated with participation and value appropriation along the value chain. This finding is robust to introducing separately R&D and non-R&D intangibles. In particular, training and organizational capital have the largest positive effect on value appropriation [JEL Classification: F23, O30].

Knowledge based capital and value creation in global supply chains / Jona-Lasinio, C.; Manzocchi, S.; Meliciani, V.. - In: TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE. - ISSN 0040-1625. - 148(2019), pp. 1-19. [10.1016/j.techfore.2019.07.015]

Knowledge based capital and value creation in global supply chains

Manzocchi S.;Meliciani V.
2019

Abstract

This paper investigates the role of knowledge-based capital for participation and value appropriation in global value chains (GVC) for a sample of European countries over 1995–2011. We distinguish between different forms of participation in GVC entailing a different degree of capability to create value added domestically and examine how different intangible assets contribute to countries' engagement and value appropriation in GVC. We find that knowledge-based capital is positively correlated with participation and value appropriation along the value chain. This finding is robust to introducing separately R&D and non-R&D intangibles. In particular, training and organizational capital have the largest positive effect on value appropriation [JEL Classification: F23, O30].
Forward and backward participation; Global value chains; Knowledge-based capital; Value added appropriation
Knowledge based capital and value creation in global supply chains / Jona-Lasinio, C.; Manzocchi, S.; Meliciani, V.. - In: TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE. - ISSN 0040-1625. - 148(2019), pp. 1-19. [10.1016/j.techfore.2019.07.015]
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11385/190919
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