Author: Silvia A. Conca Messina
Publisher: Routledge
ISBN: 1317378105
Category : Business & Economics
Languages : en
Pages : 195
Book Description
Based on innovative and unique primary sources (e.g. notarial deeds) Cotton Enterprises: Networks and Strategies looks to tell the story of the Lombardy cotton industry in the early 19th century, particularly the stories of entrepreneurs such as Francesco Turati who were able to ‘corner’ this otherwise atomistic industry. The book looks at both the financial and strategic elements of the businesses, as well as looking at enabling technology and even the emergence of factory organization in Italy and takes a business history analysis of pre-industrial business enterprises in a developing economy by taking into account all the crucial functions of enterprise. Cotton Enterprises: Networks and Strategies makes important contributions to the study and research of the financing of early cotton mills, technology transfer in these entrepreneurial ventures, the organization of production, including a detailed discussion of the available technology, networks and relationships within the district. By highlighting the shift from putting-out to factory system, the crucial change of actors (both entrepreneurs and workers) and the birth of a local industrial district, exerting a long-lasting influence on the history of the area the book outlines the building of entrepreneurial networks and social hierarchies in (at the time) a new urban context. Aimed at scholars, researchers and students in the fields of management history, development entrepreneurship and regional economics, Cotton Enterprises: Networks and Strategies answers previously non-addressable questions via innovative research methods and, as such, will be a key work in the field for years to come.
Cotton Enterprises: Networks and Strategies
Author: Silvia A. Conca Messina
Publisher: Routledge
ISBN: 1317378105
Category : Business & Economics
Languages : en
Pages : 195
Book Description
Based on innovative and unique primary sources (e.g. notarial deeds) Cotton Enterprises: Networks and Strategies looks to tell the story of the Lombardy cotton industry in the early 19th century, particularly the stories of entrepreneurs such as Francesco Turati who were able to ‘corner’ this otherwise atomistic industry. The book looks at both the financial and strategic elements of the businesses, as well as looking at enabling technology and even the emergence of factory organization in Italy and takes a business history analysis of pre-industrial business enterprises in a developing economy by taking into account all the crucial functions of enterprise. Cotton Enterprises: Networks and Strategies makes important contributions to the study and research of the financing of early cotton mills, technology transfer in these entrepreneurial ventures, the organization of production, including a detailed discussion of the available technology, networks and relationships within the district. By highlighting the shift from putting-out to factory system, the crucial change of actors (both entrepreneurs and workers) and the birth of a local industrial district, exerting a long-lasting influence on the history of the area the book outlines the building of entrepreneurial networks and social hierarchies in (at the time) a new urban context. Aimed at scholars, researchers and students in the fields of management history, development entrepreneurship and regional economics, Cotton Enterprises: Networks and Strategies answers previously non-addressable questions via innovative research methods and, as such, will be a key work in the field for years to come.
Publisher: Routledge
ISBN: 1317378105
Category : Business & Economics
Languages : en
Pages : 195
Book Description
Based on innovative and unique primary sources (e.g. notarial deeds) Cotton Enterprises: Networks and Strategies looks to tell the story of the Lombardy cotton industry in the early 19th century, particularly the stories of entrepreneurs such as Francesco Turati who were able to ‘corner’ this otherwise atomistic industry. The book looks at both the financial and strategic elements of the businesses, as well as looking at enabling technology and even the emergence of factory organization in Italy and takes a business history analysis of pre-industrial business enterprises in a developing economy by taking into account all the crucial functions of enterprise. Cotton Enterprises: Networks and Strategies makes important contributions to the study and research of the financing of early cotton mills, technology transfer in these entrepreneurial ventures, the organization of production, including a detailed discussion of the available technology, networks and relationships within the district. By highlighting the shift from putting-out to factory system, the crucial change of actors (both entrepreneurs and workers) and the birth of a local industrial district, exerting a long-lasting influence on the history of the area the book outlines the building of entrepreneurial networks and social hierarchies in (at the time) a new urban context. Aimed at scholars, researchers and students in the fields of management history, development entrepreneurship and regional economics, Cotton Enterprises: Networks and Strategies answers previously non-addressable questions via innovative research methods and, as such, will be a key work in the field for years to come.
A History of States and Economic Policies in Early Modern Europe
Author: Silvia A. Conca Messina
Publisher: Routledge
ISBN: 042964888X
Category : Business & Economics
Languages : en
Pages : 265
Book Description
Why was early modern Europe the starting point of the economic expansion which led to the Industrial Revolution? What was the state’s role in this momentous transformation? A History of States and Economic Policies in Early Modern Europe takes a comparative approach to answer these questions, demonstrating that wars, public finance and state intervention in the economy were the key elements underlying European economic dynamics of the era. Structured in two parts, the book begins by examining the central issues of the state–economy relationship, including military revolution, the fiscal state and public finance, mercantilism, the formation of commercial empires and the economic war between Britain and France in the 1700s. The second part presents a detailed comparison between the different economic policies of the most important European states, looking at their unique demographic, economic, military and institutional contexts. Taken as a whole, this work provides a valuable analysis of early modern economic history and a picture of Europe’s global position on the eve of the Industrial Revolution. This book will be useful to students and researchers of economic history, early modern history and European history.
Publisher: Routledge
ISBN: 042964888X
Category : Business & Economics
Languages : en
Pages : 265
Book Description
Why was early modern Europe the starting point of the economic expansion which led to the Industrial Revolution? What was the state’s role in this momentous transformation? A History of States and Economic Policies in Early Modern Europe takes a comparative approach to answer these questions, demonstrating that wars, public finance and state intervention in the economy were the key elements underlying European economic dynamics of the era. Structured in two parts, the book begins by examining the central issues of the state–economy relationship, including military revolution, the fiscal state and public finance, mercantilism, the formation of commercial empires and the economic war between Britain and France in the 1700s. The second part presents a detailed comparison between the different economic policies of the most important European states, looking at their unique demographic, economic, military and institutional contexts. Taken as a whole, this work provides a valuable analysis of early modern economic history and a picture of Europe’s global position on the eve of the Industrial Revolution. This book will be useful to students and researchers of economic history, early modern history and European history.
The Impact of the First World War on International Business
Author: Andrew Smith
Publisher: Routledge
ISBN: 1317398106
Category : Business & Economics
Languages : en
Pages : 274
Book Description
People throughout the world are now commemorating the centenary of the start of the First World War. For historians of international business and finance, it is an opportunity to reflect on the impact of the war on global business activity. The world economy was highly integrated in the early twentieth century thanks to nearly a century of globalisation. In 1913, the economies of the countries that were about to go war seemed inextricably linked. The Impact of the First World War on International Business explores what happened to international business organisations when this integrated global economy was shattered by the outbreak of a major war. Studying how companies responded to the economic catastrophe of the First World War offers important lessons to policymakers and businesspeople in the present, concerning for instance the impact of great power politics on international business or the thesis that globalization reduces the likelihood of inter-state warfare. This is the first book to focus on the impact of the First World War on international business. It explores the experiences of firms in Britain, France, Germany, Japan, China, and the United States as well as those in neutral countries such as the Netherlands, Sweden, and Argentina, covering a wide range of industries including financial services, mining, manufacturing, foodstuffs, and shipping. Studying how firms responded to sudden and dramatic change in the geopolitical environment in 1914 offers lessons to the managers of today’s MNEs, since the world economy on the eve of the First World War has many striking parallels with the present. Aimed at researchers, academics and advanced students in the fields of Business History, International Management and Accounting History; this book goes beyond the extant literature on this topic namely due to the broad range of industries and countries covered. The Impact of the First World War on International Business covers a broad range of geographical areas and topics examining how private firms responded to government policy and have based their contributions mainly on primary sources created by business people.
Publisher: Routledge
ISBN: 1317398106
Category : Business & Economics
Languages : en
Pages : 274
Book Description
People throughout the world are now commemorating the centenary of the start of the First World War. For historians of international business and finance, it is an opportunity to reflect on the impact of the war on global business activity. The world economy was highly integrated in the early twentieth century thanks to nearly a century of globalisation. In 1913, the economies of the countries that were about to go war seemed inextricably linked. The Impact of the First World War on International Business explores what happened to international business organisations when this integrated global economy was shattered by the outbreak of a major war. Studying how companies responded to the economic catastrophe of the First World War offers important lessons to policymakers and businesspeople in the present, concerning for instance the impact of great power politics on international business or the thesis that globalization reduces the likelihood of inter-state warfare. This is the first book to focus on the impact of the First World War on international business. It explores the experiences of firms in Britain, France, Germany, Japan, China, and the United States as well as those in neutral countries such as the Netherlands, Sweden, and Argentina, covering a wide range of industries including financial services, mining, manufacturing, foodstuffs, and shipping. Studying how firms responded to sudden and dramatic change in the geopolitical environment in 1914 offers lessons to the managers of today’s MNEs, since the world economy on the eve of the First World War has many striking parallels with the present. Aimed at researchers, academics and advanced students in the fields of Business History, International Management and Accounting History; this book goes beyond the extant literature on this topic namely due to the broad range of industries and countries covered. The Impact of the First World War on International Business covers a broad range of geographical areas and topics examining how private firms responded to government policy and have based their contributions mainly on primary sources created by business people.
Leading the Economic Risorgimento
Author: Silvia A. Conca Messina
Publisher: Routledge
ISBN: 1351058703
Category : Business & Economics
Languages : en
Pages : 376
Book Description
Lombardy, with about 10 million inhabitants, is today the most populated and prosperous region of Italy, and Milan is a renowned capital of art, fashion and design. During the 19th century until WWI, the region gradually became the leader in Italy’s economic development and distinguished itself in the European economic landscape for its long-standing industrial strength and diversified economy, which included one of the Europe’s most productive agricultural systems. It was the economic locomotive of contemporary Italy, contributing to the economic Risorgimento that complemented the country’s political resurgence. The present volume gathers the contributions of some major experts on the subject, providing an in-depth analysis of Lombardy’s pattern of development, consisting of an exceptionally symbiotic and balanced interplay of sectors (agriculture, industry, trade, and banking) in a gradual yet steady growth process, also supported by progress in the education system. During the century, there was a shift away from an economy based on agriculture and commerce to a progressively more industrial economy and this process accelerated from the 1880s. The secret of this dynamic balance was Lombardy’s active relationship with the rest of Europe and with the international markets. Aimed at scholars, researchers and students in the fields of early modern and modern history, economic and social history, the book provides a clear explanation of Lombardy’s economic development during the long 19th Century.
Publisher: Routledge
ISBN: 1351058703
Category : Business & Economics
Languages : en
Pages : 376
Book Description
Lombardy, with about 10 million inhabitants, is today the most populated and prosperous region of Italy, and Milan is a renowned capital of art, fashion and design. During the 19th century until WWI, the region gradually became the leader in Italy’s economic development and distinguished itself in the European economic landscape for its long-standing industrial strength and diversified economy, which included one of the Europe’s most productive agricultural systems. It was the economic locomotive of contemporary Italy, contributing to the economic Risorgimento that complemented the country’s political resurgence. The present volume gathers the contributions of some major experts on the subject, providing an in-depth analysis of Lombardy’s pattern of development, consisting of an exceptionally symbiotic and balanced interplay of sectors (agriculture, industry, trade, and banking) in a gradual yet steady growth process, also supported by progress in the education system. During the century, there was a shift away from an economy based on agriculture and commerce to a progressively more industrial economy and this process accelerated from the 1880s. The secret of this dynamic balance was Lombardy’s active relationship with the rest of Europe and with the international markets. Aimed at scholars, researchers and students in the fields of early modern and modern history, economic and social history, the book provides a clear explanation of Lombardy’s economic development during the long 19th Century.
Equity Capital
Author: Geoffrey Poitras
Publisher: Routledge
ISBN: 131759102X
Category : Business & Economics
Languages : en
Pages : 538
Book Description
Capitalism is historically pervasive. Despite attempts through the centuries to suppress or control the private ownership of commercial assets, production and trade for profit has survived and, ultimately, flourished. Against this backdrop, accounting provides a fundamental insight: the ‘value’ of physical and intangible capital assets that are used in production is identically equal to the sum of the debt liabilities and equity capital that are used to finance those assets. In modern times, this appears as the balance sheet relationship. In determining the ‘value’ of items on the balance sheet, equity capital appears as a residual calculated as the difference between the ‘value’ of assets and liabilities. Through the centuries, the organization of capitalist activities has changed considerably, dramatically impacting the methods used to value, trade and organize equity capital. To reflect these changes, this book is divided into four parts that roughly correspond to major historical changes in equity capital organization. The first part of this book examines the rudimentary commercial ventures that characterized trading for profit from ancient times until the contributions of the medieval scholastics that affirmed the moral value of equity capital. The second part deals with the evolution of equity capital organization used in seaborne trade of the medieval and Renaissance Italian city states and in the early colonization ventures of western European powers and ends with the emergence in the market for tradeable equity capital shares during the 17th century. The third part begins with the 1719-1720 Mississippi scheme and South Sea bubbles in northern Europe and continues to cover the transition from joint stock companies to limited liability corporations with autonomous shares in England, America and France during the 19th century. This part ends with a fundamental transition in the social conception of equity capital from a concern with equity capital organization to the problem of determining value. The final part is concerned with the evolving valuation and management of equity capital from the 1920s to the present. This period includes the improvement corporate accounting for publicly traded shares engendered by the Great Depression that has facilitated the use of ‘value investing’ techniques and the conflicting emergence of portfolio management methods of modern Finance. Equity Capital is aimed at providing material relevant for academic presentations of equity valuation history and methods, and is targeted at researchers, academics, students and professionals alike.
Publisher: Routledge
ISBN: 131759102X
Category : Business & Economics
Languages : en
Pages : 538
Book Description
Capitalism is historically pervasive. Despite attempts through the centuries to suppress or control the private ownership of commercial assets, production and trade for profit has survived and, ultimately, flourished. Against this backdrop, accounting provides a fundamental insight: the ‘value’ of physical and intangible capital assets that are used in production is identically equal to the sum of the debt liabilities and equity capital that are used to finance those assets. In modern times, this appears as the balance sheet relationship. In determining the ‘value’ of items on the balance sheet, equity capital appears as a residual calculated as the difference between the ‘value’ of assets and liabilities. Through the centuries, the organization of capitalist activities has changed considerably, dramatically impacting the methods used to value, trade and organize equity capital. To reflect these changes, this book is divided into four parts that roughly correspond to major historical changes in equity capital organization. The first part of this book examines the rudimentary commercial ventures that characterized trading for profit from ancient times until the contributions of the medieval scholastics that affirmed the moral value of equity capital. The second part deals with the evolution of equity capital organization used in seaborne trade of the medieval and Renaissance Italian city states and in the early colonization ventures of western European powers and ends with the emergence in the market for tradeable equity capital shares during the 17th century. The third part begins with the 1719-1720 Mississippi scheme and South Sea bubbles in northern Europe and continues to cover the transition from joint stock companies to limited liability corporations with autonomous shares in England, America and France during the 19th century. This part ends with a fundamental transition in the social conception of equity capital from a concern with equity capital organization to the problem of determining value. The final part is concerned with the evolving valuation and management of equity capital from the 1920s to the present. This period includes the improvement corporate accounting for publicly traded shares engendered by the Great Depression that has facilitated the use of ‘value investing’ techniques and the conflicting emergence of portfolio management methods of modern Finance. Equity Capital is aimed at providing material relevant for academic presentations of equity valuation history and methods, and is targeted at researchers, academics, students and professionals alike.
Foundations of Managing Sporting Events
Author: Kevin Tennent
Publisher: Routledge
ISBN: 131724060X
Category : Business & Economics
Languages : en
Pages : 204
Book Description
There has as yet been no academic book on the 1966 World Cup Examines the first significant UK government intervention in football, or indeed one of the first interventions in sport in general apart from the 1948 Olympics. By providing a ‘depth study’ of one event, rooted in its historical context; we will also be able to show how big events work and how they connect to the wider sport.
Publisher: Routledge
ISBN: 131724060X
Category : Business & Economics
Languages : en
Pages : 204
Book Description
There has as yet been no academic book on the 1966 World Cup Examines the first significant UK government intervention in football, or indeed one of the first interventions in sport in general apart from the 1948 Olympics. By providing a ‘depth study’ of one event, rooted in its historical context; we will also be able to show how big events work and how they connect to the wider sport.
Industries and Global Competition
Author: Bram Bouwens
Publisher: Routledge
ISBN: 1317190645
Category : Business & Economics
Languages : en
Pages : 229
Book Description
Changes in the dynamics of economic activities since the last decades of the 20th century have yielded major changes in the composition of industries and the division of labor and production across different regions of the world. Despite these shifts in the global economy, some industries have remained competitive even without relocating their operations overseas. Industries and Global Competition examines how and why the specificities of certain industries and firms determined their choice of location and competitiveness. This volume identifies the major drivers of this process and explains why some firms and industries moved to other parts of world while others did not. Relocation was not the sole determinant of the success or failure of firms and industries. Indeed some were able to reinvent themselves at their original location and build new competitive advantages. The path that each industry or firm took varied. This book argues that the specific characteristics of each industry defined the conditions of competitiveness and provide a wide range of cases as illustrations. Aimed at scholars, researchers and acadmeics in the fields of business history, international business and related disciplines Industries and Global Competition exmaines the unique questions; How and why did the specificities of certain industries and firms determine their choice of location and competitiveness? Chapter 11 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.
Publisher: Routledge
ISBN: 1317190645
Category : Business & Economics
Languages : en
Pages : 229
Book Description
Changes in the dynamics of economic activities since the last decades of the 20th century have yielded major changes in the composition of industries and the division of labor and production across different regions of the world. Despite these shifts in the global economy, some industries have remained competitive even without relocating their operations overseas. Industries and Global Competition examines how and why the specificities of certain industries and firms determined their choice of location and competitiveness. This volume identifies the major drivers of this process and explains why some firms and industries moved to other parts of world while others did not. Relocation was not the sole determinant of the success or failure of firms and industries. Indeed some were able to reinvent themselves at their original location and build new competitive advantages. The path that each industry or firm took varied. This book argues that the specific characteristics of each industry defined the conditions of competitiveness and provide a wide range of cases as illustrations. Aimed at scholars, researchers and acadmeics in the fields of business history, international business and related disciplines Industries and Global Competition exmaines the unique questions; How and why did the specificities of certain industries and firms determine their choice of location and competitiveness? Chapter 11 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.
The Rise and Fall of the Italian Film Industry
Author: Marina Nicoli
Publisher: Taylor & Francis
ISBN: 1317654374
Category : Business & Economics
Languages : en
Pages : 250
Book Description
Italian cinema triumphed globally in the 1960, with directors such as Rossellini, Fellini, and Leone, and actors like Sophia Loren and Marcello Mastroianni known to audiences around the world. But by the end of the 1980s, the Italian film industry was all but dead. The Rise and Fall of the Italian Film Industry traces the rise of the industry from its origins in the 19th century to its worldwide success in the 1960s, and its rapid decline in the subsequent decades. It does so by looking at cinema as an institution – subject to the interplay between the spheres of art, business, and politics at the national and international level. By examining the roles of a wide range of stakeholders (including film directors, producers, exhibitors, the public, and the critics) as well as the system of funding and the influence of governments, author Marina Nicoli demonstrates that the Italian film industry succeeded when all three spheres were aligned, but suffered and ultimately failed when they each pursued contradictory objectives. This in-depth case study makes an important contribution to the long-standing debate about promoting and protecting domestic cultures, particularly in the face of culturally dominant and politically- and economically-powerful creative industries from the United States. The Rise and Fall of the Italian Film Industry will be of particular interest to business and economic historians, cinema historians, media specialists, and cultural economists.
Publisher: Taylor & Francis
ISBN: 1317654374
Category : Business & Economics
Languages : en
Pages : 250
Book Description
Italian cinema triumphed globally in the 1960, with directors such as Rossellini, Fellini, and Leone, and actors like Sophia Loren and Marcello Mastroianni known to audiences around the world. But by the end of the 1980s, the Italian film industry was all but dead. The Rise and Fall of the Italian Film Industry traces the rise of the industry from its origins in the 19th century to its worldwide success in the 1960s, and its rapid decline in the subsequent decades. It does so by looking at cinema as an institution – subject to the interplay between the spheres of art, business, and politics at the national and international level. By examining the roles of a wide range of stakeholders (including film directors, producers, exhibitors, the public, and the critics) as well as the system of funding and the influence of governments, author Marina Nicoli demonstrates that the Italian film industry succeeded when all three spheres were aligned, but suffered and ultimately failed when they each pursued contradictory objectives. This in-depth case study makes an important contribution to the long-standing debate about promoting and protecting domestic cultures, particularly in the face of culturally dominant and politically- and economically-powerful creative industries from the United States. The Rise and Fall of the Italian Film Industry will be of particular interest to business and economic historians, cinema historians, media specialists, and cultural economists.
Foundations of Scenario Planning
Author: Thomas J Chermack
Publisher: Routledge
ISBN: 1317279395
Category : Business & Economics
Languages : en
Pages : 304
Book Description
Pierre Wack was head of scenario planning at Royal Dutch / Shell Oil in London for just over ten years. He died in 1997. He was a pioneer of what we know today as scenario planning – an alternative and complement to strategic planning. Scenarios explore a variety of possible futures for examining decisions in organizational planning. Pierre was a unique man with interests in Indian and Japanese cultures and traditions. He travelled extensively and led a unique life that involved long periods of visiting gurus in India and extended sabbaticals in Japan. His experiences with Eastern thought no doubt shaped his ability to evolve the scenario method at Shell, and as a result he was able to lead a team that foresaw the oil crises of the 1970’s and 80’s. This new volume will cover the basic context of his life timeline and attach it to the development of his thinking about scenario planning over the course of his career. After his death, Wack’s materials, papers and documents were collected by Napier Collyns and have recently been made available at the University of Oxford where the Pierre Wack Memorial Library has been established. These documents contain a variety of clues and stories that reveal more about who Pierre Wack was, how he thought and will provide details about scenario planning that have never been seen or published. They also reveal a curious man and include a timeline written by his wife, Eve, which details their relationship over the course of 40 years. Written for management and business historians and researchers, this book will uncover unseen contributions by a scenario planning pioneer shaped by significant events in his personal life that helped him to see the world differently.
Publisher: Routledge
ISBN: 1317279395
Category : Business & Economics
Languages : en
Pages : 304
Book Description
Pierre Wack was head of scenario planning at Royal Dutch / Shell Oil in London for just over ten years. He died in 1997. He was a pioneer of what we know today as scenario planning – an alternative and complement to strategic planning. Scenarios explore a variety of possible futures for examining decisions in organizational planning. Pierre was a unique man with interests in Indian and Japanese cultures and traditions. He travelled extensively and led a unique life that involved long periods of visiting gurus in India and extended sabbaticals in Japan. His experiences with Eastern thought no doubt shaped his ability to evolve the scenario method at Shell, and as a result he was able to lead a team that foresaw the oil crises of the 1970’s and 80’s. This new volume will cover the basic context of his life timeline and attach it to the development of his thinking about scenario planning over the course of his career. After his death, Wack’s materials, papers and documents were collected by Napier Collyns and have recently been made available at the University of Oxford where the Pierre Wack Memorial Library has been established. These documents contain a variety of clues and stories that reveal more about who Pierre Wack was, how he thought and will provide details about scenario planning that have never been seen or published. They also reveal a curious man and include a timeline written by his wife, Eve, which details their relationship over the course of 40 years. Written for management and business historians and researchers, this book will uncover unseen contributions by a scenario planning pioneer shaped by significant events in his personal life that helped him to see the world differently.
World Market Transformation
Author: Robrecht Declercq
Publisher: Routledge
ISBN: 1317212630
Category : Business & Economics
Languages : en
Pages : 217
Book Description
To the surprise of many, regionally embedded clusters of small to medium sized businesses have continued to exist in spite of industrialisation and mass production. While scholars have discovered that the advantages of embeddedness in terms of industrialisation were situated in interfirm cooperation and conflict resolving mechanisms, it is far less clear how changing historical circumstances on the world market, i.e. globalisation, affected such systems. Taking a look inside Leipzig, a capital of the global fur industry between 1870 and 1939 with its numerous highly specialised businesses, both in production as well as trade, World Market Transformation examines the robustness of district firms within the highly volatile international fur business. This book examines how firm embeddedness not only served to overcome challenges related to industrialisation, but also strengthened the abilities of cluster firms to deal with changing world market circumstances. World Market Transformation integrates the "interior-biased" research tradition on local business systems and industrial districts into the "exterior" fields of global and transnational history. It is demonstrated that the local business district not only emerged because of the expansion of international trade, but that district processes of interfirm cooperation also gave shape to the spatial distribution, conventions and structures of the very same world market. The analysis of embedded communities thus offers an important instrument to examine phenomena of economic globalisation, but also how such macro-economic developments have been shaped and actively constructed by local actors.
Publisher: Routledge
ISBN: 1317212630
Category : Business & Economics
Languages : en
Pages : 217
Book Description
To the surprise of many, regionally embedded clusters of small to medium sized businesses have continued to exist in spite of industrialisation and mass production. While scholars have discovered that the advantages of embeddedness in terms of industrialisation were situated in interfirm cooperation and conflict resolving mechanisms, it is far less clear how changing historical circumstances on the world market, i.e. globalisation, affected such systems. Taking a look inside Leipzig, a capital of the global fur industry between 1870 and 1939 with its numerous highly specialised businesses, both in production as well as trade, World Market Transformation examines the robustness of district firms within the highly volatile international fur business. This book examines how firm embeddedness not only served to overcome challenges related to industrialisation, but also strengthened the abilities of cluster firms to deal with changing world market circumstances. World Market Transformation integrates the "interior-biased" research tradition on local business systems and industrial districts into the "exterior" fields of global and transnational history. It is demonstrated that the local business district not only emerged because of the expansion of international trade, but that district processes of interfirm cooperation also gave shape to the spatial distribution, conventions and structures of the very same world market. The analysis of embedded communities thus offers an important instrument to examine phenomena of economic globalisation, but also how such macro-economic developments have been shaped and actively constructed by local actors.