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Innovation and Change of the Spanish Cod Fishing Industry

  • Manuel González-LópezEmail author
  • Alexandre Trigo
  • Sebastián Villasante
Chapter
Part of the MARE Publication Series book series (MARE, volume 8)

Abstract

This chapter studies the changes which have occurred in the Spanish cod fishing industry in the last few years. Although innovation and change are usually understood to be key factors for economic success for both territories and industries, sometimes to innovate in a narrow sense is not enough. In some cases the survival of a given industry entails alteration of existing institutions and major routines. Although some authors have already analyzed this issue, more research is needed to understand in depth the relationship between innovation and institutions. Our results indicate that innovations implemented by the Spanish cod fishing industry go further than simple increments in its production system. The main driver of such deep changes is the restructuring which has happened in the Spanish salted fish market, the traditional market of the Spanish cod fishing industry. Social and cultural changes occurring in Spain during recent decades, together with an eruption of the strategies followed by strong foreign competitors, have changed the rules of the game in the market. As a result of restructuring of the Spanish salted fish market, the tiny Spanish cod fishing industry has been obliged to restructure itself in order to survive.

Keywords

Spanish cod fishing industry Production system Innovation Conventions Institutional change 

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Copyright information

© Springer International Publishing Switzerland 2015

Authors and Affiliations

  • Manuel González-López
    • 1
    Email author
  • Alexandre Trigo
    • 1
  • Sebastián Villasante
    • 1
  1. 1.Department of Applied EconomicsUniversidade de Santiago de Compostela ICEDE Research GroupSantiago de CompostelaSpain

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