Reposted by Eduardo Hernández-Rodríguez
Regions prosper in #GVCs by building on what they do well, say @eduherro.bsky.social, Boschma, @andrea-morrison.bsky.social & Ye in PiRS.
Functional specialisation, rooted in related capabilities, determines whether they climb up the ladder or languish in low-complexity traps
doi.org/10.1016/j.pi...
