SEMINARIO EXTERNO DE INVESTIGACIÓN: Carlo Pietrobelli

Innovación en cadenas globales de valor

Innovation is a prerequisite for sustainable economic growth and development. Global interconnectedness is progressing rapidly in developing countries, especially through global value chains (GVCs). However, it is still an open question whether and under what circumstances GVCs create new opportunities for building and deepening innovation capabilities and whether and under what circumstances they become a hindrance for doing so. 

We discuss innovation in GVCs by examining the effects that value chains and governance patterns have on local firms’ processes for building innovation capabilities. We suggest that, to foster understanding of the possible trajectories of innovation in developing countries, combining the GVC and innovation system (IS) approaches can help. These approaches are relational in nature and complement each other by drawing attention to diverse actors’ linkages and interactions. We introduce the notion of the co-evolution of GVCs and ISs and outline a framework for investigating the interaction between the two. This fosters a better understanding of the trajectories that innovation can take in developing countries. We focus on firms that have inserted themselves into GVCs as suppliers of commodities, products and services. We intentionally exclude from the analysis the innovative efforts of some firms in a handful of emerging countries, which can acquire lead firm status and create and govern their own value chains. Similarly, we pay only subsidiary attention to the innovation strategies of multinational corporations and of chain leaders in advanced economies.  

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Carlo Pietrobelli
Is a professor and policy advisor on innovation and industrial development and policy. 
He is currently Professor of Economics and Department Head at University Roma Tre, Italy, Professorial Fellow at UNU-MERIT, Maastricht, and Adjunct Professor at Georgetown University, Washington D.C.. During 2009-2016 was a Lead Economist at the Inter-American Development Bank.
His research interests range from development economics to innovation, trade, industry and natural resources in developing countries. He has published widely in international journals and his books were published by Harvard University Press, Edward Elgar, Palgrave and Routledge. 
He was Deputy Rector for promoting links between the University and the private sector and Head of Industrial Liaison Office of the University Roma Tre. He holds a PhD in Economics from Oxford University and has been a regular policy advisor to governments in Africa, Asia, Europe and Latin America.


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