Abstract

http://ssrn.com/abstract=1268425
 


 



Following the Money in the New Bifurcated American Economy: Profit Reinvestment in the Global Value Chains


Thomas E. Vass


The Private Capital Market

July 29, 2008


Abstract:     
Our interest in writing this article is to create a bridge between the scholarly and academic research on technological innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship, primarily in metro regional economies.

In this article we address the impact that a new form of economic bifurcation between firms that are connected to global markets, primarily multinational corporations, and firms that are not connected to global markets is having on regional rates of innovation.

We conclude that a recent trend in off-shoring research and development in the larger corporations has had a negative economic effect on the rates of regional innovation, primarily in the regional intermediate demand markets that formerly supplied inputs to the innovation process at the larger corporations.

Number of Pages in PDF File: 10

Keywords: Industrial value chains, global value chains, b-to-b supply chains, innovation

JEL Classification: M13, O32, R15, R58

working papers series


Download This Paper

Date posted: September 19, 2008  

Suggested Citation

Vass, Thomas E., Following the Money in the New Bifurcated American Economy: Profit Reinvestment in the Global Value Chains (July 29, 2008). Available at SSRN: http://ssrn.com/abstract=1268425 or http://dx.doi.org/10.2139/ssrn.1268425

Contact Information

Thomas E. Vass (Contact Author)
The Private Capital Market ( email )
Raleigh, NC 27606
United States
9199754856 (Phone)
HOME PAGE: http://www.privatecapitalmarket.com
Feedback to SSRN


Paper statistics
Abstract Views: 344
Downloads: 25
Paper comments
No comments have been made on this paper

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo2 in 0.750 seconds