Global Value Chains in Overcoming Socioeconomic Challenges: The Impact on Industrialisation and Job Creation in Developing Countries
Global value chains have been recognised as a crucial driver in addressing socio-economic challenges by fostering competitive advantages in developing economies. Global value chains play a significant role in industrialisation and job creation by facilitating technology transfer, enhancing productiv...
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| Format: | Article |
| Language: | English |
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The Academic Research and Publishing UG (i. G.) (AR&P) LLC
2025-03-01
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| Series: | SocioEconomic Challenges |
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| Online Access: | https://armgpublishing.com/wp-content/uploads/2025/04/SEC_1_2025_14.pdf |
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| author | Naviti Mehra Poonam Singh |
| author_facet | Naviti Mehra Poonam Singh |
| author_sort | Naviti Mehra |
| collection | DOAJ |
| description | Global value chains have been recognised as a crucial driver in addressing socio-economic challenges by fostering competitive advantages in developing economies. Global value chains play a significant role in industrialisation and job creation by facilitating technology transfer, enhancing productivity, and linking domestic firms to global markets. The research aims to assess the impact of global value chains on industrialisation and job creation in developing countries as a means for connecting its contributions to taking into account the socioeconomic challenges of developing countries within the global economy. The study conducted a 16-question survey among 101 working adults from India with work experience and knowledge of global value chains and evaluated data through primary quantitative methods, including descriptive statistics, regression analysis, and factor analysis using SPSS. The study shows a clustered distribution of data as per central tendency (mean) and variance (standard deviation), which shows the moderate level of agreement shown by most respondents towards the opinions related to job creation in global value chain sectors within developing nations. The study findings benefit policymakers, economic strategists, and industries in tackling socio-economic challenges in developing nations. |
| format | Article |
| id | doaj-art-ee63e1e06a3e4962bc39fc7fe75b7d12 |
| institution | DOAJ |
| issn | 2520-6621 2520-6214 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | The Academic Research and Publishing UG (i. G.) (AR&P) LLC |
| record_format | Article |
| series | SocioEconomic Challenges |
| spelling | doaj-art-ee63e1e06a3e4962bc39fc7fe75b7d122025-08-20T03:08:39ZengThe Academic Research and Publishing UG (i. G.) (AR&P) LLCSocioEconomic Challenges2520-66212520-62142025-03-019120421810.61093/sec.9(1).204-218.2025Global Value Chains in Overcoming Socioeconomic Challenges: The Impact on Industrialisation and Job Creation in Developing CountriesNaviti Mehra0https://orcid.org/0000-0002-4483-1688Poonam Singh1https://orcid.org/0000-0003-1113-6096PhD, Research Scholar, School of Commerce, Manav Rachna International Institute of Research Studies, Faridabad, IndiaDr., Assistant Professor, School of Commerce, Manav Rachna International Institute of Research Studies, Faridabad, IndiaGlobal value chains have been recognised as a crucial driver in addressing socio-economic challenges by fostering competitive advantages in developing economies. Global value chains play a significant role in industrialisation and job creation by facilitating technology transfer, enhancing productivity, and linking domestic firms to global markets. The research aims to assess the impact of global value chains on industrialisation and job creation in developing countries as a means for connecting its contributions to taking into account the socioeconomic challenges of developing countries within the global economy. The study conducted a 16-question survey among 101 working adults from India with work experience and knowledge of global value chains and evaluated data through primary quantitative methods, including descriptive statistics, regression analysis, and factor analysis using SPSS. The study shows a clustered distribution of data as per central tendency (mean) and variance (standard deviation), which shows the moderate level of agreement shown by most respondents towards the opinions related to job creation in global value chain sectors within developing nations. The study findings benefit policymakers, economic strategists, and industries in tackling socio-economic challenges in developing nations.https://armgpublishing.com/wp-content/uploads/2025/04/SEC_1_2025_14.pdfsocioeconomic challengesglobal value chainjob creationindustrialisation |
| spellingShingle | Naviti Mehra Poonam Singh Global Value Chains in Overcoming Socioeconomic Challenges: The Impact on Industrialisation and Job Creation in Developing Countries SocioEconomic Challenges socioeconomic challenges global value chain job creation industrialisation |
| title | Global Value Chains in Overcoming Socioeconomic Challenges: The Impact on Industrialisation and Job Creation in Developing Countries |
| title_full | Global Value Chains in Overcoming Socioeconomic Challenges: The Impact on Industrialisation and Job Creation in Developing Countries |
| title_fullStr | Global Value Chains in Overcoming Socioeconomic Challenges: The Impact on Industrialisation and Job Creation in Developing Countries |
| title_full_unstemmed | Global Value Chains in Overcoming Socioeconomic Challenges: The Impact on Industrialisation and Job Creation in Developing Countries |
| title_short | Global Value Chains in Overcoming Socioeconomic Challenges: The Impact on Industrialisation and Job Creation in Developing Countries |
| title_sort | global value chains in overcoming socioeconomic challenges the impact on industrialisation and job creation in developing countries |
| topic | socioeconomic challenges global value chain job creation industrialisation |
| url | https://armgpublishing.com/wp-content/uploads/2025/04/SEC_1_2025_14.pdf |
| work_keys_str_mv | AT navitimehra globalvaluechainsinovercomingsocioeconomicchallengestheimpactonindustrialisationandjobcreationindevelopingcountries AT poonamsingh globalvaluechainsinovercomingsocioeconomicchallengestheimpactonindustrialisationandjobcreationindevelopingcountries |