Reshoring by small firms: dual sourcing strategies and local subcontracting in value chains
Cambridge Journal of Regions Economy and Society
; : 23, 2022.
Article
in English
| Web of Science | ID: covidwho-1868265
ABSTRACT
This article assesses how the reshoring of manufacturing activities by micro and small enterprises (MSEs) affects the performances of co-located subcontracting networks and the reconfiguration of global value chains (GVCs). We utilize quantitative microdata of Italian MSEs operating in the clothing and footwear industries during the 2008-2015 period. Empirically MSE reshoring does not have a significant impact on domestic subcontractors' birth rates and survival chances, whereas it is positively associated with their productivity growth. Most MSEs in our sample adopt a dual sourcing strategy, expanding their global production networks while preserving their local supply base. Local and global production networks are not two alternative paradigms of industrial organization;they can be complementary and mutually reinforce each other.
Full text:
Available
Collection:
Databases of international organizations
Database:
Web of Science
Language:
English
Journal:
Cambridge Journal of Regions Economy and Society
Year:
2022
Document Type:
Article
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