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