The Smile of Value Creation
SCM Research
JULY 4, 2015
Mudambi (2008) notes that “value-added is becoming increasingly concentrated at the upstream and downstream ends of the value chain” and that “activities at both ends of the value chain are intensive in their application of knowledge and creativity” Value-added along the value chain is, thus, represented by a “smiling curve” Mudambi, R. (2008).
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