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State Subsidies and the Sources of Company Finance in Italian Industrial Districts, 1951–1991

Published online by Cambridge University Press:  18 February 2015

Abstract

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Type
Dissertation Summaries
Copyright
Copyright © The Author(s) 2005. Published by Cambridge University Press on behalf of the Business History Conference. All rights reserved.

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References

1. The milestones of these approaches are Piore, Michael J. and Sabel, Charles F., The Second Industrial Divide: Possibilities for Prosperity (New York, 1984)Google Scholar; Granovetter, Mark, “Economic Action and Social Structure: The Problem of Embeddedness,American Journal of Sociology 91 (Nov. 1985): 481510Google Scholar; and Becattini, Giacomo, “The Marshallian Industrial District as a Socio-Economic Notion,” in Industrial Districts and Inter-Firm Co-operation in Italy, ed. Pyke, Frank, Becattini, Giacomo, and Sengenberger, Werner (Geneva, 1990), 3751.Google Scholar

2. There is a copious literature on IDs; for an overview see Giunta, Anna, Lagendijk, Arnoud, and Pike, Andy, eds., Restructuring Industry and Territory: The Experience of Europe‘s Regions (London, 2000)Google Scholar; Odaka, Konosuke and Sawai, Minoru, eds., Small Firms, Large Concerns: The Development of Small Business in Comparative Perspective (New York, 1999)Google Scholar; Pyke, Frank and Sengenberger, Werner, eds., Industrial Districts and Local Economic Regeneration (Geneva, 1992)Google Scholar; Storper, Michael and Scott, Allen J., eds., Pathways to Industrialization and Regional Development (London, 1992)Google Scholar; and Hirst, Paul Q. and Zeitlin, Jonathan, eds., Reversing Industrial Decline: Industrial Structure and Policy in Britain and Her Competitors (Oxford, 1989)Google Scholar.

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5. Saba, Andrea, Il modello Italiano (Milan, 1995), 132Google Scholar. In other studies the argument of the importance of self-financing is implicit; see, for instance, Fuà, Giorgio and Zacchia, Cesare, eds., Industrializzazione senza fratture (Bologna, 1983)Google Scholar; and Bagnasco, Arnaldo, Tre Italie. La problematica territoriale dello sviluppo italiano (Bologna, 1977)Google Scholar. The possession of land is considered of particular importance in the transformation of the agricultural family into an entrepreneurial unit as the sale of the land provides an initial capital to invest in the family business. See, for instance, Paci, Massimo, La struttura sociale Italiana (Bologna, 1982), 118Google Scholar. Bull and Corner point out a similar dynamic behind the emergence of family business in the second half of the nineteenth century, whereas Colli refers more broadly to family capital. Bull, Anna Cento and Corner, Paul, From Peasant to Entrepreneur (Oxford, U.K., 1993), 144–45Google Scholar; Colli, Andrea, The History of Family Business, 1850–2000 (Cambridge, U.K., 2003)Google Scholar.

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