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Best Practices of competitiveness and innovation in Global Value Chains Review: An approach to achieving global development goals. SDGs. (#410)

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Date of Conference

July 17-19, 2024

Published In

"Sustainable Engineering for a Diverse, Equitable, and Inclusive Future at the Service of Education, Research, and Industry for a Society 5.0."

Location of Conference

Costa Rica

Authors

Vásquez-Bernal, Oscar Alejandro

Figueroa Peinado, Woody

Mosquera Laverde, William Eduardo

Abstract

This paper makes a documentary review on trends in practices and best practices around innovation and competitiveness for the configuration of global value chains (GVC) through the application of information and communication technologies (ICT) in the framework of sustainable development goals (SDGs), for which exploratory and descriptive research is developed through the review of databases between 2010 to 2023. Within the findings and by similarity and recurrence of concepts, practices are focused on the perspectives of operations, knowledge, relationships, governance, business models, and sustainability. Innovation practices are associated with sustainability concerns and product life cycles. ICT practices consolidate technologies as application tools in operations, strengthening customer-supplier alliances, and proposing new business models for access to them. Finally, competitiveness is the result expressed as the generation of network value, for which knowledge flows are necessary to enable the development of operational, technological, and dynamic capabilities to adapt to the market ensuring sustainability.

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