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Issue No.05 - September/October (2005 vol.25)
pp: 84, 83
Shane Greenstein , Northwestern University
A value chain is a core concept of manufacturing economics. Yet, business reporters often misuse the concept when discussing global outsourcing in electronic equipment manufacturing. This confusion is, fortunately, correctable with one big insight: There are two distinct strategies for improving a firm's value chain. Once these strategies are clarified, it exposes the problems with today's policy debate about outsourcing.
Value chain, outsourcing, electronic equipment manufacturing
Shane Greenstein, "Outsourcing and climbing a value chain", IEEE Micro, vol.25, no. 5, pp. 84, 83, September/October 2005, doi:10.1109/MM.2005.95
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