Ownership linkages and business groups in industrial districts. The case of Emilia Romagna

Abstract

Italy’s model of industrial development has always been viewed as anomalous in the panorama of the industrialised economies. Satisfactory long-run performance, on the whole, despite a number of structural weaknesses, has been achieved by an industrial system consisting largely of small and medium size enterprises not generally operating on a large enough scale to withstand international competition. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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