Plant Closure and Market Dynamics: Competitive Strategy and Rationalization

MacLachlan, Ian

doi:10.2307/144198

Cited by 22 publications

(9 citation statements)

References 13 publications

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“…Os estudos especificamente desenvolvidos sobre este tema apontam para a existência de factores de desinvestimento internos e externos à unidade produtiva (BLUESTONE e HARRISON, 1982;MASSEY e MEEGAN, 1982;MASSEY, 1984;MARTIN e ROWTHORN, 1986;WATTS e STAFFORD, 1986;WATTS, 1991;MACLACHLAN, 1992;BENITO, 1997;CLARK e WRIGLEY;SIMÕES, 2001;VALE, 2001). Os factores internos de maior ponderação são tipicamente a obsoles-cência tecnológica, o fim do ciclo de vida do produto e as dificuldades de gestão da força de trabalho.…”

Section: Parcialunclassified

Desinvestimento industrial e as regiões portuguesas. Reflexos da mudança no espaço económico internacional

Vale¹,

Dias²

2012

FIT

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Resumo -A mobilidade crescente do capital, especialmente de origem estrangeira, tem vindo a revelar-se preocupante para a economia das regiões e para a vida das comunidades. Até certo ponto, o investimento é uma opção estratégica das empresas idêntica ao desinvestimento, embora os seus impactos sejam necessariamente diferentes. O desinvestimento em certas actividades é mesmo considerado como uma condição necessária para a mudança estrutural da base económica das regiões. No entanto, o desfasamento temporal entre fluxos de destruição e criação de actividades origina, frequentemente, problemas econó-micos e sociais nos territórios.O artigo inicia-se com uma discussão acerca da problemática do desinvestimento. Em seguida, efectua-se uma análise da evolução recente do emprego e do produto industrial em Portugal. O ponto seguinte trata do estudo dos fluxos de criação e destruição de emprego, numa óptica sectorial e territorial, procurando identificar e explicar a diferenciação das trajectórias regionais. Finalmente, apontam-se casos específicos de desinvestimento estrangeiro, ocorridos recentemente em Portugal, que ilustram não só a perspectiva micro-económica do desinvestimento mas também as mudanças em curso em cadeias de valor globais, levando--nos a equacionar o (re)posicionamento do país na divisão internacional do trabalho. often critical to the economies of regions and local community life. To a certain extent, divestment is, in essence, another strategic option of firms and it may not be necessarily negative for regions. Still, the impacts are not identical to investment. In economic analysis, divestment in certain activities is seen as necessary to achieve regional economic restructuring. However, the time gap between the creation and destruction of activities frequently causes social and economic problems in regions. Palavras-chaveStarting with a conceptual framework of divestment, we then analyse the recent evolution of industrial employment and product in order to provide a macro-economic framework for the analysis of employment creation and destruction flows that follows. This analysis has a sectorial and regional perspective aimed at identifying different paths by regions. Finally, specific cases of foreign divestment, which have recently occurred in Portugal, are discussed, illustrating not only a micro-economic perspective of divestment but also the changes in the global value chains that point to a (re)positioning of the country in the international division of labour.

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Section: Parcialunclassified

Desinvestimento industrial e as regiões portuguesas. Reflexos da mudança no espaço económico internacional

Vale¹,

Dias²

2012

FIT

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“…Yet, given these limitations, it is still useful for examining regional shifts in both innovation and production (Malecki, 1997) and for illustrating that products do indeed become obsolete and that firms and industries must evolve or die (Dicken, 2007). With respect to the product life cycle described above, changes in technologies and process often lead to changes in companies and even where they are located (MacLachlan, 1992). The geographies of manufacturing have always been in flux, many researchers see this process of regional shifts occurring at an ever faster pace (Dicken, 2007).…”

Section: Research Contextmentioning

confidence: 99%

Export Dynamics, Strategies and Performance within Japan's Machine-Tool Industry

Kalafsky

2007

Asia Pacific Business Review

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Despite increased global market competition, Japan remains a leading producer of metal-cutting machinery. Exporting plays an important role in firm-level strategies, an approach that has occurred with much success in many of Japan's capital goods sectors. This article examines the dynamics of exporting within Japan's machine-tool sector in the context of recent industry changes and in terms of evolving product make-up. Evidence from a recent series of interviews mainly conducted in 2006 suggests that firms use a variety of strategies to succeed in export markets, with an emphasis on increased precision and service. These strategies continue to keep many Japanese producers in prominent market positions, despite spatial redistributions of world manufacturing activities.

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“…Associated with the sorts of markets in which firms operate are different forms of growth or restructuring in different industries (Massey and Meegan, 1982). However, confusing firm strategy with dominant industry forms of restructuring can lead to a rather limited understanding of the way in which a small firm's growth prospects are limited by its market position (MacLachlan, 1992). Turok (1989) and MacLachlan (1992) have both proposed extensions to Massey and Meegan's (1982) three-fold taxonomy of forms of restructuring.…”

Section: Market and Strategy-related Constraintsmentioning

confidence: 99%

“…However, confusing firm strategy with dominant industry forms of restructuring can lead to a rather limited understanding of the way in which a small firm's growth prospects are limited by its market position (MacLachlan, 1992). Turok (1989) and MacLachlan (1992) have both proposed extensions to Massey and Meegan's (1982) three-fold taxonomy of forms of restructuring. The forms of restructuring pursued by individual firms are likely to be coincident with general industry trends but not perfectly so.…”

Section: Market and Strategy-related Constraintsmentioning

confidence: 99%

Small Firms and Local Economic Development in South London

Phelps

1996

Local Economy

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A growing body of literature has identified a number of potential constraints on small firm growth. Arguably, the severity of these constraints is closely related to the differing fortunes of industries and firms and the extent of localised external economies or diseconomies. This paper looks at the constraints facing manufacturing and business service firms in a large urban area. The paper draws on findings from a survey of small firms in Croydon. Data from the survey reveal some differences between small manufacturing and service firms in their experience of the urban environment. Physical constraints on expansion and labour shortages appear to be hindering small manufacturing firms in Croydon. Deficiencies in specific niches of the local business service sector may be preventing small business service firms from complementing and enhancing their internal capabilities. The problems facing small firms in Croydon and the sorts of local policy initiatives being developed are likely to be applicable to other large urban areas.

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Plant Closure and Market Dynamics: Competitive Strategy and Rationalization

Cited by 22 publications

References 13 publications

Desinvestimento industrial e as regiões portuguesas. Reflexos da mudança no espaço económico internacional

Desinvestimento industrial e as regiões portuguesas. Reflexos da mudança no espaço económico internacional

Export Dynamics, Strategies and Performance within Japan's Machine-Tool Industry

Small Firms and Local Economic Development in South London

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