ausblenden:
Schlagwörter:
UK, machine-tool industry, manufacturing, collective competition goods, sectoral analysis
Zusammenfassung:
This chapter examines the decline of the machine-tool industry in the UK. This decline is partially attributed to globalization and the British tradition of a low-cost strategy, short-term investment patterns, and general neglect of manufacturing. It argues that the institutions that can support industrial networks remain weak, despite evidence to the contrary.
