Concluding remarks

Abstract

This chapter summarises the main arguments of the book and its contribution to the theoretical debates in different fields of study that it draws from. The main arguments in the chapter, and the book in general, relate to the discussion on the convergence versus divergence of firm behaviour due to the governance structures in global value chains versus the national institutional environment surrounding firms, the role of state involvement for national institutions and their complementarities, the idea of complementarity and capitalist systems in countries that are outside of the ideal types, and the implications of skill systems with different levels and types of state involvement for high-road development. The chapter finishes by presenting three new avenues of research to which the book may lead.