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.
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