Research Trends in Global Value Chain: Possibility of Practical Use for the Russian Economy in Terms of Innovative Development

Although North Korea is one of the most closed countries in the world, it has long been pursuing international cooperation with other countries in order to upgrade the quality of its film industry to international standards. Preceding studies on this topic have mainly focused on the political influences behind filmmaking in general and very few studies have exclusively dealt with North Korea’s international co-productions. In this respect, in order to develop a comprehensive understanding of the internalization strategy of North Korea’s film productions, this paper uses the global value chain as a framework for analysis. This approach helps understand the internationalization pattern of each value chain activity of film co-productions in terms of the film location and the methods for collaborating with foreign partners. By dividing the evolution of North Korea’s international co-productions into three periods since the 1980s, this paper finds that although North Korea has shown mixed results with different aspects of the film value chain, it has generally improved its internationalization over the three periods. This paper further provides strategic directions for North Korea by learning some of the successful Chinese experiences in the film sector regarding collaboration with foreign partners—to foster a win-win situation for all involved parties.

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Global Value Chain Adoptability in Economic Research

Társadalomkutatás ◽

10.1556/tarskut.27.2009.1.5 ◽

2009 ◽

Vol 27 (1) ◽

pp. 73-92

Author(s):

Tamás Borbély

Keyword(s):

Value Chain ◽

Economic Research ◽

Global Value Chain

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Researching the impact of venture investment on the innovative development of the Russian economy

Finance and Credit ◽

10.24891/fc.25.11.2643 ◽

2019 ◽

Vol 25 (11) ◽

pp. 2643-2657

Author(s):

K.A. Trubinova ◽

◽

V.P. Postnikov ◽

M.M. Gulyaeva ◽

◽

...

Keyword(s):

Innovative Development ◽

Russian Economy ◽

Venture Investment ◽

The Impact

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Upgrading of Zhejiang apparel industrial cluster from the perspective of global value chain

Advances in Services Science and Services Information Technology ◽

10.2495/sssit130511 ◽

2014 ◽

Author(s):

Weiming Zhu

Keyword(s):

Value Chain ◽

Industrial Cluster ◽

Global Value Chain

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An Analysis of Global Value Chain of Agricultural and Food Products

Korean Agricultural Economics Association ◽

10.24997/kjae.2018.59.2.61 ◽

2018 ◽

Vol 59 (2) ◽

pp. 61-84

Author(s):

Yunsun Park ◽

◽

Oh-Sang Kwon ◽

Keyword(s):

Value Chain ◽

Food Products ◽

Global Value Chain

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IMPROVEMENT OF INNOVATIVE ACTIVITY OF THE ENTERPRISE

International scientific journal Internauka Series Economical Sciences ◽

10.25313/2520-2294-2020-11-6486 ◽

2017 ◽

Author(s):

Nataliya Stoyanets ◽

◽

Mathias Onuh Aboyi ◽

Keyword(s):

Value Chain ◽

Net Present Value ◽

Successful Implementation ◽

Innovative Development ◽

Technological Equipment ◽

Alliance Partner ◽

Innovation Potential ◽

Wide Range ◽

Technological Platform ◽

The Cost

The article defines that for the successful implementation of an innovative project and the introduction of a new product into production it is necessary to use advanced technologies and modern software, which is an integral part of successful innovation by taking into account the life cycle of innovations. It is proposed to consider the general potential of the enterprise through its main components, namely: production and technological, scientific and technical, financial and economic, personnel and actual innovation potential. Base for the introduction of technological innovations LLC "ALLIANCE- PARTNER", which provides a wide range of support and consulting services, services in the employment market, tourism, insurance, translation and more. To form a model of innovative development of the enterprise, it is advisable to establish the following key aspects: the system of value creation through the model of cooperation with partners and suppliers; creating a value chain; technological platform; infrastructure, determine the cost of supply, the cost of activities for customers and for the enterprise as a whole. The system of factors of influence on formation of model of strategic innovative development of the enterprise is offered. The expediency of the cost of the complex of technological equipment, which is 6800.0 thousand UAH, is economically calculated. Given the fact that the company plans to receive funds under the program of socio-economic development of Sumy region, the evaluation of the effectiveness of the innovation project, the purchase of technological equipment, it is determined that the payback period of the project is 3 years 10 months. In terms of net present value (NPV), the project under study is profitable. The project profitability index (PI) meets the requirements for a positive decision on project implementation> 1.0. The internal rate of return of the project (IRR) also has a positive value of 22% because it exceeds the discount rate.

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