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Institutional stability and industry renewal : diverging trajectories in the Cognac beverage cluster

Moodysson, Jerker LU and Sack, Lionel LU (2016) In Industry and Innovation 23(5). p.448-464
Abstract

Adding to approaches highlighting network dynamics as a basis for regional economic development, increased attention is paid to institutions as contextual factors contributing to explaining how and why economies change. Research has shown that firms tend to react differently to the same institutional configurations, with the main explanatory factors being their sectoral backgrounds and intra-firm characteristics. This study adds to these insights by examining a regional economy in France, that of Cognac, in which 300 firms are operating under homogeneous institutional preconditions. Despite these similarities, we identify different development trajectories from the 1990s onwards. Our observations illustrate how firms’ responses to... (More)

Adding to approaches highlighting network dynamics as a basis for regional economic development, increased attention is paid to institutions as contextual factors contributing to explaining how and why economies change. Research has shown that firms tend to react differently to the same institutional configurations, with the main explanatory factors being their sectoral backgrounds and intra-firm characteristics. This study adds to these insights by examining a regional economy in France, that of Cognac, in which 300 firms are operating under homogeneous institutional preconditions. Despite these similarities, we identify different development trajectories from the 1990s onwards. Our observations illustrate how firms’ responses to external change diverge and bring them on different trajectories due to different positions in the industry hierarchy and different experiences and capabilities among individuals within firms. The study contributes to the better understanding of mechanisms of path dependence, which have gained wide recognition in the literature in the recent decades.

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Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
change, Innovation, institutions, regional development, stability
in
Industry and Innovation
volume
23
issue
5
pages
17 pages
publisher
Routledge
external identifiers
  • Scopus:84963997697
ISSN
1366-2716
DOI
10.1080/13662716.2016.1167014
language
English
LU publication?
yes
id
26bbe330-803a-48c3-93aa-267e243950ff
date added to LUP
2016-06-08 08:50:19
date last changed
2016-10-04 08:13:40
@misc{26bbe330-803a-48c3-93aa-267e243950ff,
  abstract     = {<p>Adding to approaches highlighting network dynamics as a basis for regional economic development, increased attention is paid to institutions as contextual factors contributing to explaining how and why economies change. Research has shown that firms tend to react differently to the same institutional configurations, with the main explanatory factors being their sectoral backgrounds and intra-firm characteristics. This study adds to these insights by examining a regional economy in France, that of Cognac, in which 300 firms are operating under homogeneous institutional preconditions. Despite these similarities, we identify different development trajectories from the 1990s onwards. Our observations illustrate how firms’ responses to external change diverge and bring them on different trajectories due to different positions in the industry hierarchy and different experiences and capabilities among individuals within firms. The study contributes to the better understanding of mechanisms of path dependence, which have gained wide recognition in the literature in the recent decades.</p>},
  author       = {Moodysson, Jerker and Sack, Lionel},
  issn         = {1366-2716},
  keyword      = {change,Innovation,institutions,regional development,stability},
  language     = {eng},
  month        = {03},
  number       = {5},
  pages        = {448--464},
  publisher    = {ARRAY(0xbe9da20)},
  series       = {Industry and Innovation},
  title        = {Institutional stability and industry renewal : diverging trajectories in the Cognac beverage cluster},
  url          = {http://dx.doi.org/10.1080/13662716.2016.1167014},
  volume       = {23},
  year         = {2016},
}