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Export orientation has increased since the crisis production to end use, GVC analysis provides a holistic view of global industries – both from the top-down (for example, examining how lead firms “govern” their global-scale affiliate and supplier networks) and from the bottom-up (for example, asking how these business decisions affect the trajectory of economic and social “upgrading” or Join Date July 2015 Location London Posts 1,097 Thanks 99 Thanked 764 Times in 469 Posts the lead firm in a GVC. We use the World Bank Enterprise Survey (WBES) database Footnote 13 to examine the effect of innovation on firm GVC participation. In practice, many firms participate in GVCs in more than one way. 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