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Power Relations and Small and Medium-sized Enterprise Strategies for Capturing Value in Global Production Networks: Visual Effects (VFX) Service Firms in the Hollywood Film Industry

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  • Rachel Parker
  • Stephen Cox

Abstract

Parker R. and Cox S. Power relations and small and medium-sized enterprise strategies for capturing value in global production networks: visual effects (VFX) service firms in the Hollywood film industry, Regional Studies . This paper provides insights into the way in which non-lead firms manoeuvre in global value chains in the pursuit of a larger share of revenue and how power relations affect these manoeuvres. It examines the nature of value capture and power relations in the global supply of visual effects (VFX) services and the range of strategies VFX firms adopt to capture higher value in the global value chain. The analysis is based on a total of thirty-six interviews with informants in the industry in Australia, the United Kingdom and Canada, and a database of VFX credits for 3323 visual products for 640 VFX firms.

Suggested Citation

  • Rachel Parker & Stephen Cox, 2013. "Power Relations and Small and Medium-sized Enterprise Strategies for Capturing Value in Global Production Networks: Visual Effects (VFX) Service Firms in the Hollywood Film Industry," Regional Studies, Taylor & Francis Journals, vol. 47(7), pages 1095-1110, July.
  • Handle: RePEc:taf:regstd:v:47:y:2013:i:7:p:1095-1110
    DOI: 10.1080/00343404.2011.600303
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    Cited by:

    1. McWilliam, Sarah E. & Kim, Jung Kwan & Mudambi, Ram & Nielsen, Bo Bernhard, 2020. "Global value chain governance: Intersections with international business," Journal of World Business, Elsevier, vol. 55(4).
    2. Rolv Petter Amdam & Ove Bjarnar & Jinmin Wang, 2018. "The dynamic role of small- and medium-sized multinationals in global production networks: Norwegian maritime firms in the Greater Shanghai Region in China," Asia Pacific Business Review, Taylor & Francis Journals, vol. 24(1), pages 37-52, January.
    3. Xiaorui Xin & Ivo Mossig, 2021. "Governments and Formal Institutions Shaping the Networks of Co‐Production in the Chinese and German Film Industries," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 112(3), pages 220-238, July.

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