World Market Transformation

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A01=Robrecht Declercq
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Author_Robrecht Declercq
Business History
business history research
Category=KC
Category=KJK
Category=KJM
Category=KND
Dresdner Bank
economic globalization
embeddedness theory
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Fur Farming
Fur Firms
Fur Industry
Fur Merchants Association
Fur Trade
German Fur
German Fur Industry
German Fur Trade
Global Capitalism
industrial clusters
Industrial District
interfirm cooperation
International Fur
International Fur Industry
International Fur Trade
Leipzig Firms
Leipzig Fur
Leipzig Fur Capital
Leipzig Fur Industry
Leipzig Fur Merchant Association
local business systems analysis
Market Transformation
Raw Furs
Russian Fur Trade
Siberian Furs
Theodor Thorer
Thorer Firm
transnational economic networks
Transnational Entrepreneurship

Product details

  • ISBN 9781138667259
  • Weight: 453g
  • Dimensions: 152 x 229mm
  • Publication Date: 26 May 2017
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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To the surprise of many, regionally embedded clusters of small to medium sized businesses have continued to exist in spite of industrialisation and mass production. While scholars have discovered that the advantages of embeddedness in terms of industrialisation were situated in interfirm cooperation and conflict resolving mechanisms, it is far less clear how changing historical circumstances on the world market, i.e. globalisation, affected such systems.

Taking a look inside Leipzig, a capital of the global fur industry between 1870 and 1939 with its numerous highly specialised businesses, both in production as well as trade, World Market Transformation examines the robustness of district firms within the highly volatile international fur business. This book examines how firm embeddedness not only served to overcome challenges related to industrialisation, but also strengthened the abilities of cluster firms to deal with changing world market circumstances.

World Market Transformation integrates the "interior-biased" research tradition on local business systems and industrial districts into the "exterior" fields of global and transnational history. It is demonstrated that the local business district not only emerged because of the expansion of international trade, but that district processes of interfirm cooperation also gave shape to the spatial distribution, conventions and structures of the very same world market. The analysis of embedded communities thus offers an important instrument to examine phenomena of economic globalisation, but also how such macro-economic developments have been shaped and actively constructed by local actors.

Robrecht Declercq is Postdoctoral Researcher connected to the research group Communities, Connections, and Comparisons (CCC) and the History Department of the Ghent University, Belgium.

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