Naslov
The impact of digitalization on global value chains

Autori
Franc, Sanja ; Barišić, Antea ; Jurčić, Ljubo

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
ECONOMY OF EASTERN CROATIA – VISION AND GROWTH / Leko Šimić, Mirna ; Crnković, Boris - Osijek : Studio HS internet, 2019, 583-595

Skup
8. međunarodni znanstveni simpozij: Gospodarstvo istočne Hrvatske – vizija i razvoj = 8th International Scientific Symposium: Economy of Eastern Croatia – Vision and Growth

Mjesto i datum
Osijek, Hrvatska, 30.05.2019. - 31.05.2019

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
global value chains, digitalization, trade

Sažetak
The nature of trade is changing, and the focus is no longer on trade in final goods but on the exchange of components and added value. Technological advancements have reduced prices in transport and communication networks and brought revolutionary changes to the way trade is performed. Digitalization further changed manufacturing processes and has the potential to disrupt established value chains but also to create a number of opportunities, especially for developing countries. The main aim of the paper is to analyze the new trade paradigm in the form of global value chains (GVC) and to establish the role of digitalization and its effects on global value chains. This paper points out that digitalization is a global process and at the same time reveals it is occurring at a different pace across countries. It is transforming the production process, and while causing some jobs to disappear, it can be the source of new jobs, skills and technological spillovers, which are especially important for developing countries. However, in order to take advantage of opportunities from digital technologies, appropriate infrastructure has to be in place as well as supporting institutions and regulation.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA