Bridging catching-up approach with the GVCs literature, the project will able to give robust scientific answers as to whether a country should enter the global market by sponsoring one large national firm or with a set of small and dynamic entrepreneurial ventures. Particular attention will be payed to the role that entry, learning, and upgrading strategies interconnected with different Business Models play in fostering the process of catching-up.
Specifically, the main aims of the project are:
- identifying if and how a country should focus on developing domestic trade networks before entering into the more competitive GVCs or whether it should improve its infrastructures in regional value chains implementing the research and innovation Smart Specialisation Strategy;
- studying the emerging Business Models underpinning the successful entry, learning, and upgrading in GVCs, after the investigation and valuation of case studies in different sectors and countries;
- analysing how the fourth industrial revolution will change global value chains in different areas of the world;
- identifying the most effective way of engaging with global value chain in terms of building effective national innovation systems and identify the right policies in order to respond to the rising of the fourth industrial revolution;
- isolating the conditions that define the preferable entry strategy and recognizing the policy framework that facilitates entries and supports SMEs in developing a profitable business strategy.
Through the creation of an international group of researchers and a new bottom-up approach to research with a strong experimental orientation, the project will:
- improve knowledge in the field of INTRAGLOBEMIT by exploring new points of intersection between different fields of expertise;
- enhance cooperation among leading Research Institute, Universities, Policy Actors and Institutions through the international mobility of researchers;
- encourage an exchange of best practice between Third Countries and EU countries;
- analyse existing policy actions, their strengths and limits, particularly within emerging economies;
- disseminate the intermediate and final research results through activities such as meetings, workshops and symposia.