arbiter
JournalsAccount

Seizing windows of opportunity in green global value chains: the role of industrial policies in middle-income countries

Rasmus Lema et al.

Journal of International Business Policy2025https://doi.org/10.1057/s42214-025-00219-5article
AJG 3ABDC B
Weight
0.57

Abstract

This paper investigates how middle-income countries can leverage industrial policies to participate in and upgrade within renewable energy global value chains. We distinguish between deployment and manufacturing chains and examine three sectors, solar photovoltaic, wind, and biomass power, across 12 middle-income countries. Using fuzzy-set qualitative comparative analysis, we identify key combinations of national preconditions and industrial policies—demand-side, supply-side and technology-focused—that enable different participation and upgrading trajectories. While participation is widespread in both chains, upgrading is more prominent in deployment, which presents lower entry barriers. In contrast, upgrading in manufacturing requires stronger sectoral knowledge, larger markets, and robust technology policies. Our results offer actionable insights for policymakers, emphasizing how targeted and context-specific industrial policy mixes are essential to seize windows of opportunity in these green global value chains. The study contributes to the literature on value chains and industrial policy by offering new comparative evidence and practical guidance for latecomer economies seeking to build capabilities and competitiveness in the green economy.

11 citations

Open via your library →

Cite this paper

https://doi.org/https://doi.org/10.1057/s42214-025-00219-5

Or copy a formatted citation

@article{rasmus2025,
  title        = {{Seizing windows of opportunity in green global value chains: the role of industrial policies in middle-income countries}},
  author       = {Rasmus Lema et al.},
  journal      = {Journal of International Business Policy},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1057/s42214-025-00219-5},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

Seizing windows of opportunity in green global value chains: the role of industrial policies in middle-income countries

Flags are reviewed by the Arbiter methodology team within 5 business days.

Evidence weight

0.57

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.57 × 0.4 = 0.23
M · momentum0.78 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.