How can we assess how much value is created in each stage of a global supply chain and how do “smile curves” vary across products and sectors? For example, how can we estimate the value of intellectual property within global supply chains?
Background
The world’s production capability across different sectors may be best understood in terms of global supply chains, for example as R&D takes place in one country and manufacturing in another. Further evidence should inform classification of sectors, measurement of value-addition, and challenge assumptions in our understanding of supply chains.
Next steps
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Source
This question was published as part of the set of ARIs in this document:
Topics
Related UKRI funded projects
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ISCF Foundation Industries - baseline insights
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The project does not address the question fully or partially, but the authors have the necessary expertise to answer the question.
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Diverse Supply Chain Programme (DiSC)
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Partially addresses the question by exploring the challenges in engaging innovative start-ups & SMEs in supply chains and sharing intellectual property.
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Made in the UK
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Why might this be relevant?
Partially addresses the question by focusing on reshoring supply chain activities back to the UK and evaluating the impact of Covid-19 on supply chains.