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Article

Creation and Managing of Added Value Chains in the Conditions of Globalization

Vladyslav Stoianov1, Inna Ukhanova1

  1. 1Odesa National Economic University

International Journal of Psychology and Strategic Communication, Vol. 1, No. 2, pp. 292–301, 2025

https://doi.org/10.61030/EEUU1813

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double-blind
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CC-BY-4.0
year
2025
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Abstract

In the conditions of the growing influence of globalization processes, which change approaches to international trade, production and distribution of resources in the system of international economic relations, the creation and functioning of value-added chains play an important role in the business processes of international companies. Chains of added value, as a category, have become an important element of the economic strategy of companies and countries, contributing to their competitiveness and economic development. The purpose of the study is to identify the features of the creation and functioning of value-added chains, as well as to determine their impact on the development of international economic relations. The tasks of the work are the analysis of the main stages of the formation of value-added chains, the study of their impact on international cooperation, the determination of factors affecting the effectiveness of value-added chains and the assessment of the role of technologies in their development, as well as the establishment of correspondence between the level of development of countries and their involvement in the system global chains of added value. To achieve the...

Keywords: Value added, value chains, global value chains

Double-blind peer reviewOpen AccessCC BY 4.0Published 2025DOI registered

Creation and Managing of Added Value ChainsArticle Title

Creation and Managing of Added Value Chains in the Conditions of Globalization

Authors

Vladyslav Stoianov
Student, Odesa National Economic University, Odesa, Ukraine

Inna Ukhanova
Associate Professor, Odesa National Economic University, Odesa, Ukraine

Journal Details

Journal: International Journal of Psychology and Strategic Communication
ISSN (Online): 2941-5691
ISSN (Print): 2941-5705
DOI: https://doi.org/10.61030/EEUU1813

Abstract

In the conditions of the growing influence of globalization processes, which change approaches to international trade, production and distribution of resources in the system of international economic relations, the creation and functioning of value-added chains play an important role in the business processes of international companies. Chains of added value, as a category, have become an important element of the economic strategy of companies and countries, contributing to their competitiveness and economic development.

The purpose of the study is to identify the features of the creation and functioning of value-added chains, as well as to determine their impact on the development of international economic relations. The tasks of the work are the analysis of the main stages of the formation of value-added chains, the study of their impact on international cooperation, the determination of factors affecting the effectiveness of value-added chains and the assessment of the role of technologies in their development, as well as the establishment of correspondence between the level of development of countries and their involvement in the system global chains of added value.

To achieve the goal, the research used methods of system analysis, comparative analysis, theoretical generalization, and economic and statistical methods. As a result of the study, it was found that globalization contributes to the formation of complex chains of added value that integrate the economies of different countries, ensuring the effective distribution of resources and promoting specialization at individual stages of the production process; technological innovations change the nature of chains, increasing their productivity and adaptability to new challenges; the inclusion of countries in the global system of value-added chains increases their competitiveness in the world market. For effective integration into the global system of value-added chains, countries need to modernize infrastructure, introduce the latest technologies, attract investments and improve the legal framework.

Keywords

Value added, value chains, global value chains

How to Cite This Article

Stoianov, V., & Ukhanova, I. (2025). Creation and Managing of Added Value Chains in the Conditions of Globalization. International Journal of Psychology and Strategic Communication, 292. https://doi.org/10.61030/EEUU1813

Full Article (PDF)

https://ijpsc.org/journal/data/15_Stoianov_ONEU.pdf

Metadata and Info

DOI: https://doi.org/10.61030/EEUU1813
Published: 2025
License: CC BY 4.0 (if applicable)
https://creativecommons.org/licenses/by/4.0/

IJPSC Citation Tools

Cite this article

10.61030/EEUU1813

Vladyslav Stoianov, Student, Odesa National Economic University, Odesa, Ukraine, Inna Ukhanova, & Associate Professor, Odesa National Economic University, Odesa, Ukraine (2025). Creation and Managing of Added Value Chains in the Conditions of Globalization. International Journal of Psychology and Strategic Communication. https://doi.org/10.61030/EEUU1813