Abstract
Globalization is a process of varied intensity over time that causes changes in the business environment. It stands for the widely acknowledged elimination of barriers and integration associated with transition of firm activities to the transnational level. This is often concomitant with growing interdependence of national economies. The vast changes that have been brought about by the globalization process pose complex opportunities and threats for entrepreneurs. The sourcing strategies, and related to this the issue of value chain modularization and relocation, are a form of organizational innovation created as entrepreneurs’ response to changes in the external environment. Consequently, globalization has changed the way firms have been configuring their value chains (Buckley and Ghauri, 2004).
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Dzikowska, M. (2012). Value Chain Module Relocations of Polish Micro- and Small-Sized Companies. In: Marinov, M.A., Marinova, S.T. (eds) Impacts of Emerging Economies and Firms on International Business. Palgrave Macmillan, London. https://doi.org/10.1057/9781137032546_13
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