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Locating Global Advantage

Industry Dynamics in the International Economy

By: Martin Kenney (Editor), Richard Florida (Editor)

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Paperback | 25 November 2003

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What are the forces that are driving firms and industries to globalize their operations? This volume explores how specific industries have organized their global operations through case studies of seven manufacturing industries: garments and textiles, automobiles and auto parts, televisions, hard disk drives, flat panel displays, semiconductors, and personal computers. Based on long-term research sponsored by the Sloan Foundation, the chapters provide readers with a nuanced understanding of the complex matrix of factor costs, access to inimitable capabilities, and time-based pressures that influence where firms decide to locate particular segments of the value chain.

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.

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Non-Fiction Engineering & Technology Electronics & Communications Engineering Electronics Engineering Society & Culture Social Issues & Processes Globalisation Business & Management International Business Economics Political Economy International Economics

Management & Management Techniques Industry & Industrial Studies Manufacturing Industries

Acknowledgments
Tables	p. ix
Figures
Preface: In Vino Veritas?	p. xiii
Notes	p. xxiv
Contributors	p. xxvii
Locating Global Advantage: Industry Dynamics in the International Economy	p. 0
Introduction	p. 1
Notes	p. 19
	p. 22
What is New and What is Not?	p. 23
Notes	p. 46
Globalization, Deverticalization, and Employment in the Motor Vehicle Industry	p. 52
Notes	p. 81
The Television Industry in North America	p. 82
	p. 112
The Organizational and Geographic Configuration of the Personal Computer Valuee Chain	p. 113
Notes	p. 140
Hard Disk Drive Producers in International Competition	p. 142
Notes	p. 173
The Case of Flat Panel Displays	p. 175
Notes	p. 198
Do Real Men Have Fabs, or Virtual Fabs?	p. 203
Notes	p. 230
The Net World Order's Influence on Global Leadership in the Semiconductor Industry	p. 232
Notes	p. 256
Conclusion	p. 260
Knowledge and Its Diffusion as a Factor in the Globalization of Industries	p. 261
Notes	p. 282
References	p. 283
Index	p. 301
Table of Contents provided by Publisher. All Rights Reserved.

Locating Global Advantage

Industry Dynamics in the International Economy

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