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Book Cover
E-book
Author Ornston, Darius, 1978-

Title When small states make big leaps : institutional innovation and high-tech competition in Western Europe / Darius Ornston
Published Ithaca : Cornell University Press, 2012

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Description 1 online resource (x, 234 pages)
Series Cornell studies in political economy
Cornell studies in political economy.
Contents Introduction : recasting corporatism -- The paradox of high-tech corporatism -- The crisis of low-tech production in Denmark, Finland, and Ireland -- From price-fixing cartels to research consortia : rapid restructuring in Finland -- From social protection to skill formation : diversified high-tech production in Denmark -- A low-end producer in high-tech markets : economic adjustment in Ireland -- Comparing corporatisms -- Conclusion : explaining institutional innovation
Summary At the close of the twentieth century, Denmark, Finland, and Ireland emerged as unlikely centers for high-tech competition. In When Small States Make Big Leaps, Darius Ornston reveals how these historically low-tech countries managed to assume leading positions in new industries such as biotechnology, software, and telecommunications equipment. In each case, countries used institutions that are commonly perceived to delay restructuring to accelerate the redistribution of resources to emerging enterprises and industries. Ornston draws on interviews with hundreds of politicians, policymakers, and industry representatives to identify two different patterns of institutional innovation and economic restructuring. Irish policymakers worked with industry and labor representatives to contain costs and expand market competition. Denmark and Finland adopted a different strategy, converting an established tradition of private-public and industry-labor cooperation to invest in high-quality inputs such as human capital and research. Both strategies facilitated movement into new high-tech industries but with distinctive political and economic consequences. In explaining how previously slow-moving states entered dynamic new industries, Ornston identifies a broader range of strategies by which countries can respond to disruptive challenges such as economic internationalization, rapid technological innovation, and the shift to services
Bibliography Includes bibliographical references and index
Notes In English
Subject High technology industries -- Denmark
High technology industries -- Finland
High technology industries -- Ireland
Corporate state -- Denmark
Corporate state -- Finland
Corporate state -- Ireland
Industrial policy -- Denmark
Industrial policy -- Finland
Industrial policy -- Ireland
BUSINESS & ECONOMICS -- International -- General.
BUSINESS & ECONOMICS -- Industries -- General.
Technologie de pointe.
Politique industrielle.
Innovations technologiques.
Science économique.
Corporatisme.
Compétitivité.
Partenariat public-privé.
Corporate state
High technology industries
Industrial policy
Kleinstaat
Technologiepolitik
Högteknologisk industri -- Danmark.
Högteknologisk industri -- Finland.
Högteknologisk industri -- Ireland.
Industripolitik -- Danmark.
Industripolitik -- Finland.
Industripolitik -- Irland.
Danemark.
Finlande.
Irlande.
Europe occidentale.
Denmark
Finland
Ireland
Dänemark
Finnland
Irland
Form Electronic book
LC no. 2012004510
ISBN 9780801465963
0801465966