Social Embeddedness as a Business Goal: New Theoretical Implications from the Case of a Global Value Chain

Belyavskiy, Boris

doi:10.17323/1726-3247-2020-3-151-173

Cited by 3 publications

(3 citation statements)

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“…Collective power forces an MNE to decrease sources of mediated power and use the practices of social exchange for coordination. The revealed empirical evidence corresponds with (Belyavskiy, 2020;Japutra & Molinillo, 2019) and contributes to the further investigation of coordination abilities in GVCs.…”

Section: Implications For Theory and Researchsupporting

confidence: 61%

“…However, studies known to me considered embeddedness exclusively within local communities, ethnic diasporas. (Uzzi, 1996, 2018), either considered cross-border embeddedness qualitatively (Belyavskiy, 2020; Geifman-Broder & Zaidman, 2021). The current research proves the prevalence of social embeddedness and social networks as a source of power, including with the participation of large MNEs.…”

Section: Discussionmentioning

confidence: 99%

“…At the same time, the sharing of sources and past dependency, increase mutual dependency inside a GVC. Firstly, as an MNE shares more production processes with local partners (Belyavskiy, 2020), they become key co-producers in a GVC which are difficult to replace (Chu et al, 2019). Secondly, MNEs are large companies with long cycles of decision-making processes.…”

Section: Research Hypothesesmentioning

confidence: 99%

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Power Symmetry in Global Value Chains: Evidence from the Russian Retail Market

Belyavskiy

2023

Journal of Eurasian Studies

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Value chain management actively studies sources and types of interfirm power because increasing power symmetry between partners fosters innovativeness and adaptability to a market context. This study focuses on global value chains (GVCs) as a special type of value chains that experiences substantial influence of collective power. In the analysis I attempt to demonstrate higher power symmetry between partners inside a GVC than in other value chains. This hypothesis is based on a combination of resource dependence, mutual dependence, and social exchange/social embeddedness approaches with the analysis of structure in a GVC. The paper uses data from four waves of a survey conducted in Russia between 2010–2019 that include more than 2.700 managers of both buyers and suppliers. (OLS) and logit regression models were built for the analysis. The results demonstrate that partners inside GVCs share trade margins more symmetrically, have more equal negotiation power, and are more intensively involved in social exchanges through informal support.

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Section: Implications For Theory and Researchsupporting

confidence: 61%

Section: Discussionmentioning

confidence: 99%

Section: Research Hypothesesmentioning

confidence: 99%

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Power Symmetry in Global Value Chains: Evidence from the Russian Retail Market

Belyavskiy

2023

Journal of Eurasian Studies

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Corporations in the Russian Arctic—From Dominance to Leadership

Kryukov

Nefedkin

2022

Arctic Fever

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Large Corporations in Projects for the Development of Resources in Siberia and the Far East

Nefedkin

2021

Interexpo GEO-Siberia

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In modern Russia, large industrial corporations, some of which are the direct "heirs" of socialist factories, are traditionally the main initiators, operators and beneficiaries of projects to develop the resources of Siberia and the Far East. An approach to assessing the impact of large-scale natural resource development projects on the economic performance of individual regions through the performance of individual companies involved in these projects is proposed. Testing the approach based on the financial statements of 300 largest companies in the real sector of Siberia and the Far East for 2014-2019 showed that resource projects of large corporations are the main revenue generator, and their dynamics largely determine the trajectory of economic development of individual regions. Financial indicators of divisions of large corporations. the companies involved in these projects grew faster than the rest of the companies. At the same time, a significant part of the largest projects for the development of mineral resources has not yet reached the stage when a noticeable decline in volume and cost indicators begins, and therefore large corporations - operators of these projects will continue to play the role of key players determining the economic growth potential of Siberia and the Far East.

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Social Embeddedness as a Business Goal: New Theoretical Implications from the Case of a Global Value Chain

Cited by 3 publications

References 0 publications

Power Symmetry in Global Value Chains: Evidence from the Russian Retail Market

Power Symmetry in Global Value Chains: Evidence from the Russian Retail Market

Corporations in the Russian Arctic—From Dominance to Leadership

Large Corporations in Projects for the Development of Resources in Siberia and the Far East

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