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date: 27 February 2020

Abstract and Keywords

This article presents a review of the dynamic growth of global sourcing. It explores the potential for the varieties of capitalism/business (VoC/BS) system literature to incorporate country differences involving development of human capital at a more micro level to address offshoring/outsourcing of business support functions as new levers of economic development, especially for emerging economies. The article argues that VoC/BS literature would benefit from a deeper understanding of underlying explanatory temporal mechanisms using a co-evolutionary perspective and a focus on the extent to which emerging economies can harness the global sourcing of business services as another strategic lever of their economic development. The article advances an analytical framework for framing research efforts to trace country capability development for realizing aspirations to attract the business-services outsourcing industry and proposes research themes aiming at a more nuanced understanding of how such dynamic processes unfold.

Keywords: global sourcing, Asia, business services, varieties of capitalism, emerging economies

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