SEMINARIO EXTERNO DE INVESTIGACIÓN: Carlo Pietrobelli
Innovación en cadenas globales de valor
Innovation is a prerequisite for sustainable economic growth and development. Global interconnectedness is progressing rapidly in developing countries, especially through global value chains (GVCs). However, it is still an open question whether and under what circumstances GVCs create new opportunities for building and deepening innovation capabilities and whether and under what circumstances they become a hindrance for doing so.
We discuss innovation in GVCs by examining the effects that value chains and governance patterns have on local firms’ processes for building innovation capabilities. We suggest that, to foster understanding of the possible trajectories of innovation in developing countries, combining the GVC and innovation system (IS) approaches can help. These approaches are relational in nature and complement each other by drawing attention to diverse actors’ linkages and interactions. We introduce the notion of the co-evolution of GVCs and ISs and outline a framework for investigating the interaction between the two. This fosters a better understanding of the trajectories that innovation can take in developing countries. We focus on firms that have inserted themselves into GVCs as suppliers of commodities, products and services. We intentionally exclude from the analysis the innovative efforts of some firms in a handful of emerging countries, which can acquire lead firm status and create and govern their own value chains. Similarly, we pay only subsidiary attention to the innovation strategies of multinational corporations and of chain leaders in advanced economies.