Notice of RetractionRents, Power and Rents: Thought to Gain Competitive Advantage in Global Value Chain

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Firms being in different position give rise to different value among global value chain (GVC). In the paper, rents is used to describe a world in which participants dominating special source are able to be free of competition through utilizing and creating barriers to enter for competitors. According to relationship between rent and value chain, rents in GVC are divided into two kinds: rents based on intra-chain and rents based on extra-chain. The detail interactions are analyzed in the two kinds of rents. The former kind react more about rent transfer and market power; the latter kind of rent shows more about rent distribution and leader power. The discussion supplies a basic concept for actors to create rents and their own competitive advantage. We conclude that the participants create and gain various rents and try to get the market power and leader power is in order to acquire all kinds of return in GVC.