Abstract
Since the 1980s the Emilia-Romagna constitutes a benchmark for specialists in industrial districts and more generally in local production systems (Piore and Sabel, 1984). Since then there has been a remarkable evolution of industrial leaders that have been establishing their brands in global markets and have been controlling supplies via global networks. Many firms in this position sold their businesses to multinational companies, which ended up buying and controlling the whole production network. As a result, by the end of the 1980s, a significant process of consolidation of leaders occurred by means of mergers, acquisitions and cross-exchange of minority shares (Bianchi and Gualtieri, 1990).
The author would like to thank Professor Patrizio Bianchi for his great support over the contents and results of this chapter; in particular, sections 1, 3 and 7.
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© 2008 Laura Ramaciotti
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Ramaciotti, L. (2008). The Regional Innovation System in Emilia-Romagna. In: Parrilli, M.D., Bianchi, P., Sugden, R. (eds) High Technology, Productivity and Networks. Palgrave Macmillan, London. https://doi.org/10.1057/9780230583726_2
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DOI: https://doi.org/10.1057/9780230583726_2
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