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F01.04P: Panel: Global Value Chains: Navigating Paradoxes and Seizing Resilience
Time:
Friday, 13/Dec/2024:
9:00am - 10:15am
Session Chair: Hans Solli-Sæther, Norwegian University of Science and Technology
Location:Otakaari 1, U3
77 people
Panel
Session Abstract
Panelists: Olli Kuivalainen (LUT University)
Presentations
Global Value Chains: Navigating Paradoxes and Seizing Resilience
H. Solli-Sæther1, S. Elia2, B. B. Nujen3, F. De Beule4, O. Kuivalainen5
1Norwegian University of Science and Technology, Norway; 2Politecnico di Milano, Italy; 3Norwegian University of Science and Technology, Norway; 4KU Leuven, Belgium; 5Lappeenranta University, Finland
This panel proposal clearly focuses on global value chains (GVC), which is a crucial topic in international business. Navigating paradoxes suggests a focus on the complexities and contradictions that multinational firms often face in global value chains. Indeed, on the one hand, seizing resilience emphasizes the importance of developing robust strategies to maintain and enhance business resilience in an ever-changing global landscape. On the other hand, this can imply a compression of the efficiency and profitability of the firms that are part of the GVCs.
This panel will examine conflicting demands within GVCs, identifying and examining key challenges, and highlight strategies for building resilience in global value chains.