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The Evolution of Industrial Districts: Changing Governance, Innovation and Internationalisation of Local Capitalism in Italy

The Evolution of Industrial Districts: Changing Governance, Innovation and Internationalisation of Local Capitalism in Italy

Paperback

Series: Contributions to Economics

EconomicsEnvironmental Studies

ISBN10: 3790800953
ISBN13: 9783790800951
Publisher: Physica-Verlag
Published: Feb 19 2004
Pages: 347
Weight: 1.12
Height: 0.75 Width: 6.14 Depth: 9.21
Language: English

Italian industrial districts (IDs) recently attracted international attention because their performance during the last few decades contradicted the alleged weakness of industrial structures based on SMEs in traditional sectors. The book analyses some developments taking place in Italian IDs and local systems of production that can represent a new stage of evolution for the backbone of the Italian economy. Based on the extensive use of original databases three main trajectories of change in IDs are presented. The first trajectory is the increasing role of groups of manufacturing SMEs arising from mergers and acquisitions as well as spin-off growth processes at the family firms level. The second one is the consolidation of innovation capabilities in IDs. And the third one is the internationalisation process of Italian IDs through both trade and foreign direct investment. The essays suggest that Italian IDs are again evolving by coherent adaptations which will have, however, uncertain outcomes.

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