Author
Mostafiz, M. I., Musteen, M., Saiyed, Abrarali Mohammadusmanali, Ahsan, M.
Publication Date
2022-02
Publication Place
-
Elsevier
Subject
COVID-19, Emerging economy, Global value chain
Type
Periodical
Language
English
Digital
Yes
Manuscript
No
Library
Özyeğin University
Library Asset ID
0148-2963
Record ID
25112004-edd0-450a-a9dd-df2bac9f2ce4
Library Location
Entrepreneurship
Date
2022-02
Sample Text
Advancing the literature on global value chains (GVCs), this study investigates the impact of the COVID-19 pandemic on immediate dynamics and long-term changes shaping the evolution of the garment GVC. We use a partially grounded, longitudinal approach to analyze data on seven cases of Bangladeshi garment manufacturers, supplemented by archival data on the garment industry. Based on our analysis, we theorize that the COVID-19 crisis has led to three types of dynamics (temporal, structural, and spatial) that contribute to GVC restructuring. Consistent with the paradox approach, we document two counter-tensions that influence the GVC in the long term: the push to disintegrate (i.e., permanently restructure) and the pull to integrate (i.e., preserve or strengthen the existing structural routines). We conceptualize the ultimate structure of the GVC as the alignment of a new balance of power and new capabilities of the GVC actors. Implications for theory, practice, and policy are discussed.
DOI
10.1016/j.jbusres.2021.10.078
Cilt
139