scholarly journals Business services and the financing of global production networks: the case of global law firms in Southeast Asia

2019 ◽  
Vol 19 (4) ◽  
pp. 897-919 ◽  
Author(s):  
James R Faulconbridge
Keyword(s):  
Southeast Asia ◽  
Significant Role ◽  
Temporal Dynamics ◽  
Transnational Corporations ◽  
Law Firms ◽  
Production Networks ◽  
Global Production Networks ◽  
Business Services ◽  
Temporal And Spatial ◽  
Global Law

Abstract Financial and business services (FABSs) as intermediaries play a significant role in global production networks (GPNs). Yet, the mechanisms through which they influence the activities of lead and supplier firms in GPNs have received little in-depth attention. This article addresses the shortcoming and examines how global legal business services configure the financial discipline of transnational corporations (TNCs) in Southeast Asia. It documents the way FABS articulate financial imperatives and encourages the reproduction of ‘global financial architectures’. It also shows, however, that temporal dynamics and spatial specificities in the power relations between FABS and TNCs generate variegated financial configurations. Southeast Asian TNCs adopt and adapt in ways that serve their interests. This implies that the governance effects of FABS have important temporal and spatial contingencies that need to be accounted for in analyses of GPNs.

scholarly journals Mapping interaction patterns of German IT and engineering services for automotive applications

2020 ◽  
Vol 75 (2) ◽  
pp. 123-134
Author(s):  
Julian Schwabe ◽  
Markus Hassler
Keyword(s):  
Electric Vehicles ◽  
Value Added ◽  
Service Firms ◽  
Interaction Patterns ◽  
Automotive Applications ◽  
Production Networks ◽  
Global Production Networks ◽  
Business Services ◽  
Organizational Outcome ◽  
Knowledge Intensive

Abstract. This study explores how technical services for automotive applications organize their value-added activities. It does so from the background of a market transition towards electric vehicles and vehicle connectivity. Conceptually, the article combines the literature stream of global value chains and global production networks (GVC–GPN) and knowledge-intensive business services (KIBS). This paper puts a specific focus on the temporality of client–vendor relationships and argues that interfirm relationships often last longer than their project-based mode suggests they would. Despite ongoing fundamental transitions of industry structures towards electric vehicles and vehicle connectivity, the relationships of incumbent OEMs and technical service firms continues to be hierarchical. Analyzing these dynamics on the level of value-added inputs, the concepts of GVC–GPN and KIBS meaningfully complement each other for outlining the mutual dependencies of market dynamics, the characteristics of a service input and the organizational outcome of the client–vendor relationship.

scholarly journals Filtering strategic coupling: territorial intermediaries in oil and gas global production networks in Southeast Asia

2018 ◽  
Vol 19 (4) ◽  
pp. 829-851 ◽  
Author(s):  
Moritz Breul ◽  
Javier Revilla Diez ◽  
Maxensius Tri Sambodo
Keyword(s):  
Economic Development ◽  
Southeast Asia ◽  
Global Economy ◽  
Oil And Gas ◽  
Explanatory Power ◽  
Production Network ◽  
Production Networks ◽  
Global Production Networks ◽  
Global Production Network

Abstract The Global Production Network (GPN) approach has not yet considered the importance of territorial intermediaries for strategic coupling. This article demonstrates how the prospects of strategic coupling for the case of Vietnam and Indonesia with the oil and gas GPN are affected by the gateway role of Singapore. Based on interviews, the analysis reveals how Singapore influences regional economic development along the GPN through different filtering mechanisms, limiting the potential for strategic coupling for Vietnam and Indonesia. For GPN research, the identified filtering mechanisms illustrate how the territoriality of GPNs contributes to differentiated territorial outcomes. The findings therefore indicate the need to intensify the appreciation of the particular territorial configuration of GPNs as this yields considerable explanatory power for understanding the unequal contours of the global economy.

scholarly journals The twilight of neoliberal globalization

2020 ◽  
Vol 18 (4) ◽  
pp. 67-77
Author(s):  
Grigory S. Sergeev
Keyword(s):  
Transnational Corporations ◽  
Theoretical Concept ◽  
Marxist Theory ◽  
Production Networks ◽  
Global Production Networks ◽  
Neoliberal Globalization ◽  
Economic Space ◽  
The World ◽  
Trade Wars ◽  
Supranational Institutions

The author employs contemporary Marxist theory and methodology, and its theoretical concept of finance monopoly capital in particular, to analyze the decline of the neoliberal globalization currently under way. The paper shows that offshoring and financialization that developed during the neoliberal era have reinforced monopolistic dominance by mature imperialist states (namely, the “triad” of USA, EU and Japan), leading to the new division (or recolonization) of the periphery. As a result, the geo-economic space has become rigidly structured in a hierarchy of the groups of nations, with production having become increasingly organized within global production networks controlled by transnational corporations based in the “triad”. However, mass transfer of the labor-intensive industries to low-wage countries of the periphery, and to China in particular, has resulted in geopolitical and economic rise of the latter, thus intensifying competition and struggle between national imperialisms. Deglobalization that emerged and evolved during the post-crisis period appears as a manifestation of a new redivision of the world, with unfolding redrawing of the geoeconomic map, creeping degradation of supranational institutions and spike of trade wars between the world’s largest economies.

Sign in / Sign up

Export Citation Format

Share Document