Value Chain Framework
Value chains encompass the full range of activities and services required to bring a product or service from its conception to sale in its final markets—whether local, national, regional or global. The structure of the value chain influences the dynamics of firm behavior and these dynamics influence how well the value chain performs. The value chain framework is used to identify: 1) the structure of the chain, including all individuals and firms that conduct business by adding value and helping move the product toward the end markets, and 2) the dynamics of the value chain, which refers to the determinants of individual and firm behavior and their effect on the functioning of the chain.
Read more about the Value Chain Framework in the Good Practice Center.