This presentation explores the concept of globalizing value chains, focusing on its costs and benefits, particularly within the software industry. It defines international production, logistics, and outsourcing, highlighting their roles in global value chains. The presentation discusses the advantages of globalization, such as greater flexibility and cost minimization, alongside its drawbacks, including tariff barriers and cultural differences. A case study of Dell's globalized value chain illustrates the benefits for producers, customers, and countries receiving jobs, as well as the associated costs. The presentation concludes by summarizing the key aspects of globalizing value chains and their implications for the software sector, emphasizing the importance of understanding both the opportunities and challenges involved.