Originally published in 1989, this book was the first comprehensive and analytical account of the Italian small firm economy to appear in English. Dealing principally with the area of central and north-east Italy where small business flourishes, the book relates to the concentration of such companies to the concept of ‘industrial districts’ developed by Alfred Marshall, and provides both a theoretical and statistical basis for Italy in the latter part of the twentieth century. The success of Italian manufacturing is explained in terms of political and social factors as well as economic and technical ones and the working practices within the technology companies discussed.

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.

'A Handbook of Industrial Districts is a very well-organized and structured collection of scientific works on the theory of industrial districts.' - Roberta Capello, Regional Studies In this comprehensive original reference work, the editors have brought together an unrivalled group of distinguished scholars and practitioners to comment on the historical and contemporary role of industrial districts.

Recent development experience points to the way business can be the key to a dynamic small business sector, especially where those links are built on high trust co-operative relations. This book reviews different types of small business network, illustrated by an international selection of case studies, including: * Chinese family business networks * ethinic minority business networks * Japanese and South Korean business group networks * Taiwan's subcontracting networks * European industrial districts Network promotion initiatives in Singapore, New Zealand, Scandinavia and the UK are each discussed to provide a comprehensive comparative assessment of small business networks.

This timely and much-needed Handbook reconsiders an old topic from a fresh perspective, raising a number of new, interesting and worthwhile issues in the wake of ten years of globalization. This comprehensive analysis illustrates that old-style industrial policies whereby the government directly intervened in markets, and was often the producer itself, are no longer relevant. Structural changes occurring in economies summarized in the term globalization are triggering the definition and implementation of new industrial policies. The contributors, leading experts in their field, unite to evaluate this shift of over a decade ago. Employing various empirical and methodological approaches with a strong theoretical underpinning, this world-wide study of the state-of-the-art of industrial policy issues is an invaluable reference tool. It has been enthusiastically received by a wide-ranging audience including scholars, researchers and policy makers with an interest in industrial economics and policy, business studies and policies for growth, competitiveness and development.

This book sheds new light on the role of industrial districts in the industrial development of the past and present. Industrial districts, which refer to the geographical concentration of enterprises producing similar or closely related commodities in a small area, play a significant role in the development of manufacturing industries not only historically in Europe and Japan but also at present in emerging East Asian economies, such as China and Vietnam and low-income countries in sub-Saharan Africa. The book identifies similarities in the development patterns of industrial districts in history and the present and analyzes the reasons for these similarities. More specifically, the book examines whether Marshallian agglomeration economies provide sufficient explanations and seeks to deepen understanding about the important factors that are missing. Despite the common issues addressed by economic historians and development economists regarding the advantages of industrial districts for industrial development, discussion of these issues between the two groups of researchers has been largely absent, or at best weak. The purpose of this book is to integrate the results of case studies by economic historians interested in France, Spain, and Japan and those by development economists interested in the contemporary industries still developing in China, Vietnam, Bangladesh, Tanzania, and other countries in sub-Saharan Africa.

Based upon the experiences of a diverse set of countries - including Denmark, Egypt, Germany, Ghana, Indonesia, Italy, Japan and the United States - this analysis describes the elements of a model small-firm network, and sets out the conditions, institutions and policies conducive to a successful strategy of upgrading industrial sectors. It is a valuable source of ideas and experience on this innovative approach to industrial development.

Governments and regional authorities often express the belief that the key to prosperity and economic expansion is related to the ability of countries to sustain regional clusters of competitiveness and innovation. The book reviews the most important conceptual approaches to the analysis of the emergence, growth and evolution of clusters of innovation. Drawing from the different experiences of industrial districts and high-tech regions such as Silicon Valley, Boston's biotech region, and Hsinchu-Taipei, the contributions in this book offer a broad interpretative framework and policy implications for the creation and strengthening of competitive clusters. Themes include: · the wide variety of existing clusters and the diversity in their emergence and growth; · the international mobility of factors and demand linkages; · the role of different network types and the social setting; · the accumulation of capabilities in key large actors and the importance of spinoffs and new firm formation; · the role of different learning regimes and sectoral specificities; · the importance of social networks, labour mobility, and face-to-face contacts as vehicles of knowledge spillovers. Broad implications are drawn for the design of policies to encourage successful economic clusters in developed and developing clusters.

SME's are acknowledged as effective sources of jobs and incomes, gaining an important position in the development agenda, subsequently 'cluster' policies were conceived as a framework to augment the effects of SMEs and to optimize resources used to support them. Based on case studies from Brazil, Vietnam, Indonesia and India, this volume examines SME clusters and argues that unless they counteract common problems such as very low wages, poor working conditions, poor quality products and lack or environmental regulation, they will be pushed out of the market and so become unsustainable. This book suggests that the SME clusters currently being stretched should react by 'socially upgrading' in order to improve their innovation capacity, as well as social, environmental and labour standards. It puts forward conceptual frameworks which explain the way firms can upgrade: through markets, interaction among cluster members, through Corporate Social Responsibility and other such public policy, and through the better enforcement of regulation.

Countering the many claims that the best days of capitalism are over following the economic meltdown of 2008 onwards, this book provocatively argues that a new golden age of capitalism - or upwave - began around 2002, and despite the unstable markets in the western world of the past few years, this upwave will produce previously unseen levels of wealth creation during the next twenty years. Basing this theory on the commercialisation of new technologies and the growth of new markets, the author claims that these positive trends are key to economic recovery in the US, UK and Europe. It argues that the most serious problem facing some countries in the west is government debt and that macroeconomic policy is of limited use in flexible and adaptive economies, where innovation, entrepreneurship and private investment should be encouraged in a range of cities and city regions. This highly original book will interest those concerned with national economies, nation states and urban policy.