Global Value Chains and its perspectives on Business Strategies, Industrial and System Engineering
Khristian Edi Nugroho Soebandrija

Industrial Engineering Department, Faculty of Engineering, Bina Nusantara University, Jakarta, Indonesia 11480.
Emails: Knugroho[at]Binus.Edu and Khristian.Edi.Nugroho[at]gmail.com

Abstract

Major portions of global trades occur via global value chains (GVCs) through production and service crosses multi countries borders. Countries, including Indonesia, as global citizens and GVCs participants, play vital role through ambidexterity methodology within exploitation of continuous improvement and exploration of breakthrough in in escalating complexity of GVCs. As part of the methodology, this paper elaborates both theoretical and empirical approaches on global trade, in order to generate formulas, input and considerations to Indonesian Government, in particular to Minister of Trade. Precisely, this paper elaborates the GVCs through its perspectives on Business Strategies, Industrial and System Engineering. The result of this paper prioritizes the provision of mentioned formulas, input and considerations to Indonesian Government; not limited to economic issues and trade policies. Subsequently, those considerations involve the disruptive innovation in digital transformation era in which Indonesia plays vital role as major player in global citizen of Industrial Revolution 4.0 and Making Indonesia 4.0.

Keywords: Global Trade; Global Value Chain; Ambidexterity; Business Strategies; Industrial and System Engineering

Topic: Business Strategies on GVC Participation

Link: https://ifory.id/abstract-plain/WTNLceFjPyZm

Web Format | Corresponding Author (Khristian Edi Nugroho Soebandrija)