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Free keywords:
Europe, machinery industry, France, Italy, Germany, UK, SMEs, LCCGs, sectoral analysis
Abstract:
This chapter discusses the theoretical foundations for the four case studies presented in chapters three to six. It describes the rise and fall of the European machinery industry between the 1980s and 1990s, particularly in France, Germany, Italy, and the UK. It focuses on the emergence of clusters of small-and medium-sized enterprises (SMEs) around industrial districts, and the benefits provided by local collective competition goods (LCCGs).