production. We describe how industry concentration focuses power in the hands of a few large lead firms and discuss the implications of this for value chain governance and the geography of production. Keywords: globalisation; automotive industry; vehicle assembly and parts; GVC; global value chains. Copyright © 2009 Inderscience Enterprises Ltd. 7 8 T.J. Sturgeon et al. Reference to this paper should be made as follows: Sturgeon, T.J., Memedovic, O., Biesebroeck, J.V., Gereffi, G.…
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