Enhancing the core competence of the corporation in the economic globalization context: From the perspective of value chain

Economic globalization makes international division and international competition an act entirely going beyond national boundaries and requires resource allocation and redivision in the global context. Here the competition is not that of countries, but that of multinational corporations from different countries and to be more specific, that of core competence of those corporations. The value chain analysis is a basic tool to help companies define their competitive edges and strategies so as to enhance their core competence. Only by identifying its own weaknesses and optimizing its value chain in cooperation with other companies can a company achieve its core competence. This paper will focus on how to enhance the core competence of corporations at strategic links in the value chain.