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Terrorism as an external threat factor in global value chains
Author(s) -
Bader Benjamin,
Suder Gabriele,
Grosse Robert
Publication year - 2019
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/tie.22118
Subject(s) - terrorism , multinational corporation , scope (computer science) , global value chain , perspective (graphical) , resilience (materials science) , value (mathematics) , business , psychological resilience , scale (ratio) , industrial organization , political science , international trade , computer science , psychology , law , physics , finance , quantum mechanics , artificial intelligence , machine learning , comparative advantage , psychotherapist , thermodynamics , programming language
Global terrorism incidents and business‐related threats have intensified in scale and scope over the past 17 years. Multinational corporations are thus exposed to direct and indirect negative impacts on their international activities. Previous research lacks thorough theoretical frameworks to analyze these impacts. The global value chain (GVC) framework offers a perspective that is both comprehensive and quantifiable for the evaluation and expansion of this prior research. The GVC enables us to assess terrorism impacts on international business overall and at each stage of the value chain. On this basis, we develop a “terrorism resilience theory”) that can be used in future theoretical and managerial analyses of the response to terrorism risk.