Global Value Chains: Impacts and Implications - Center on ...
Global Value Chains: Impacts and Implications - Center on ...
Global Value Chains: Impacts and Implications - Center on ...
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Headquarters (HQs)<br />
Case studies of some high-valued<br />
activities…HQs <str<strong>on</strong>g>and</str<strong>on</strong>g> R&D<br />
– Employ relatively well paid, educated, skilled people<br />
– Provide services to rest of enterprise<br />
– Locally support other skilled professi<strong>on</strong>s such as legal, financial, etc…<br />
– Make decisi<strong>on</strong>s about locati<strong>on</strong> <str<strong>on</strong>g>and</str<strong>on</strong>g> sourcing of activities (matters if local<br />
bias)<br />
– Philanthropy?<br />
R&D<br />
– Employ relatively well paid, educated, skilled people<br />
– R&D activities ‘spill-over’ into local community<br />
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