Li & Fung, Ltd.: An Agent of Global Production

Leonard K. CHENG

doi:10.1007/978-1-4615-1625-5_19

Li & Fung, Ltd.: An Agent of Global Production

Research output: Book Chapters | Papers in Conference Proceedings › Book Chapter › peer-review

Abstract

The trade theory that deals with international production fragmentation assumes that producers in different parts of the world specialize in segments of various value chains such that the final price of each product is as low as possible. The slicing of a value chain into segments to be allocated to producers in different countries depends on technical feasibility and on the costs of linking the successive production processes. In practice, how do producers in different countries determine their respective positions along the value chain?

Original language	English
Title of host publication	Global Production and Trade in East Asia
Editors	Leonard K. CHENG, Henryk KIERZKOWSKI
Publisher	Springer US
Chapter	19
Pages	317-323
Number of pages	7
ISBN (Electronic)	9781461516255
ISBN (Print)	9781461356479
DOIs	https://doi.org/10.1007/978-1-4615-1625-5_19
Publication status	Published - 2001
Externally published	Yes

Bibliographical note

I would like to thank Dr. William K. Fung for his assistance in the preparation of this case study, in particular for his insights about supply chain management.

Keywords

Supply Chain
Comparative Advantage
Global Production
Multinational Firm
Trading Company

Access to Document

10.1007/978-1-4615-1625-5_19

Cite this

@inbook{f51938377e0c4774806efe3080e8f4de,

title = "Li & Fung, Ltd.: An Agent of Global Production",

abstract = "The trade theory that deals with international production fragmentation assumes that producers in different parts of the world specialize in segments of various value chains such that the final price of each product is as low as possible. The slicing of a value chain into segments to be allocated to producers in different countries depends on technical feasibility and on the costs of linking the successive production processes. In practice, how do producers in different countries determine their respective positions along the value chain?",

keywords = "Supply Chain, Comparative Advantage, Global Production, Multinational Firm, Trading Company",

author = "CHENG, {Leonard K.}",

note = "I would like to thank Dr. William K. Fung for his assistance in the preparation of this case study, in particular for his insights about supply chain management.",

year = "2001",

doi = "10.1007/978-1-4615-1625-5_19",

language = "English",

isbn = "9781461356479",

pages = "317--323",

editor = "CHENG, {Leonard K.} and Henryk KIERZKOWSKI",

booktitle = "Global Production and Trade in East Asia",

publisher = "Springer US",

address = "United States",

}

TY - CHAP

T1 - Li & Fung, Ltd.: An Agent of Global Production

AU - CHENG, Leonard K.

N1 - I would like to thank Dr. William K. Fung for his assistance in the preparation of this case study, in particular for his insights about supply chain management.

PY - 2001

Y1 - 2001

N2 - The trade theory that deals with international production fragmentation assumes that producers in different parts of the world specialize in segments of various value chains such that the final price of each product is as low as possible. The slicing of a value chain into segments to be allocated to producers in different countries depends on technical feasibility and on the costs of linking the successive production processes. In practice, how do producers in different countries determine their respective positions along the value chain?

AB - The trade theory that deals with international production fragmentation assumes that producers in different parts of the world specialize in segments of various value chains such that the final price of each product is as low as possible. The slicing of a value chain into segments to be allocated to producers in different countries depends on technical feasibility and on the costs of linking the successive production processes. In practice, how do producers in different countries determine their respective positions along the value chain?

KW - Supply Chain

KW - Comparative Advantage

KW - Global Production

KW - Multinational Firm

KW - Trading Company

U2 - 10.1007/978-1-4615-1625-5_19

DO - 10.1007/978-1-4615-1625-5_19

M3 - Book Chapter

SN - 9781461356479

SP - 317

EP - 323

BT - Global Production and Trade in East Asia

A2 - CHENG, Leonard K.

A2 - KIERZKOWSKI, Henryk

PB - Springer US

ER -

Li & Fung, Ltd.: An Agent of Global Production

Abstract

Bibliographical note

Keywords

Access to Document

Fingerprint

Cite this