2021 Volume 24 Pages 1-9
Mekong region has become one of the core manufacturing bases for multinational corporations. Especially for Japanese manufactures, so-called Thailand plus one strategy has been widely recognised and implemented as a regional strategy to enhance their competitive edge. As the concepts of values chain (Porter 1985) has been widely used and applied in various fields, this study attempts to identify the commonality and the uniqueness of each field of study through the literature review. This paper addresses the importance of studying global value chain (Gereffi 1994, Gereffi & Korzeniewicz 1994) in relation to its social, institutional and organisational contexts.
