Transforming into Fashion Firms or Multi-Country Suppliers? Accounting for Varied Firm Trajectories in the Deindustrialising Korean Apparel Industry
比较韩国服装业中两组企业的发展差异,结合全球价值链与制度主义理论,解释为何一些企业成为时尚领军者而另一些成为多国供应商,对研究产业升级和全球经济的学者有参考价值。
This paper compares across two groups of Korean garment firms’ varied development and patterns of integration into the global economy in the deindustrialising Korean apparel industry. Although each group, both with histories as export suppliers, developed into fashion lead-firms or multi-country suppliers, current literature on firm upgrading provides little help in explaining the varied post-industrial trajectories of these firms. This paper bridges global value chains/global production networks (GVC/GPN) literature with institutionalist literature to highlight the importance of differential market embeddedness and organising logics in patterning how firms respond to changing global conditions.