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CONTRIBUTORS:
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CONFERENCE TITLE:
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CONF. LOCATION:
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None
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YEAR:
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1996
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PUB TYPE:
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Conference Paper
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SUBJECT(S):
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Embeddedness, business systems, regional development
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DISCIPLINE:
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Business/Management
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HTTP:
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LANGUAGE:
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English
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PUB ID:
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103-408-353
(Last edited on
2004/10/08 02:29:38 GMT-6)
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SPONSOR(S):
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ABSTRACT:
This paper won a Distinguished Paper award at the conference, given by Allied Academies.
In this article I discuss some theoretical and methodological aspects in the development of a new business sociology and I link this discussion to the work with industrial policy. I focus on small subcontracting firms in the metalworking industry in two local communities in two diverse counties of Denmark. I look for the genuine aspects of each community, and I concentrate on which governance structures affects local industrial development. The business communities in question are different, which shows in the interaction between the firms, and in their interaction with the institutional milieu. In short the governance structures differs across communities, which stems from the social, economic, and political development through time. To guide (and nurse) the establishment of new firms, to bootstrap the existing industry, it is neccessary for policy makers to understand the different types of “strategic games” that goes on in various local communities, which includes actors from the industrial arena as well as actors from the proximate social institutional arena. My aim is to put forward a case story that might help civil servants and industrial policy makers to better understand the constitution and performance of the industry they are serving; and at the same time help us as researchers and teachers to focus alternatively when dealing with issues of strategic management. Following that I have to stress that my aim is not to give advice, but rather to reflect upon these matters in a theoretical and methodological light.
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