COVID-19 and the global value chain: Immediate dynamics and long-term restructuring in the garment industry

Title COVID-19 and the global value chain: Immediate dynamics and long-term restructuring in the garment industry
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
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COVID-19 and the global value chain: Immediate dynamics and long-term restructuring in the garment industry

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
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