Value creation and value capture in the automotive industry: Empirical evidence from Czechia
研究了捷克汽车行业不同层级供应商(外资与本土企业)在价值创造与价值获取中的差异,发现资本密集度是关键因素,外资高层级企业表现优于本土低层级企业。
This article investigates how distinct tiers of firms contribute to value creation and value capture in the automotive industry. We employ firm-level indicators to evaluate the value creation and capture of distinct supplier tiers in the Czech automotive industry, while considering differences between foreign-owned and domestic firms. Our analysis suggests that the economic effects of the automotive industry largely depend on its capital intensity and that mostly foreign-owned higher tier firms generate and capture greater value than lower tier firms, which include the vast majority of domestic suppliers.