Introduction: Value Chain Dynamics and Capability Formation by Latecomer Firms in East Asia Inter-firm Dynamics of Notebook PC Value Chains and the Rise of Taiwanese Original Design Manufacturing Firms Value Chain Creation and Reorganization: The Growth Path of China's Mobile Phone Handset Industry Value Chain Dynamics and Local Suppliers' Capability Building: An Analysis of the Vietnamese Motorcycle Industry Local Firms' Capability Development in Captive Value Chains: Evidence from the Indonesian Motorcycle Industry To Be or Not to Be a Supplier to TNCs? An Entrepreneurial Approach to Linkage Formation in Malaysian Electronics Industries Inter-Country Value Distribution in the East Asian Electronics and Automobile Industries: An Empirical Global Value Chain Approach Learning and Earning in Global Value Chains: Lessons in Supplier Competence Building in East Asia Concluding Remarks