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Agglomeration, Technology and Business Groups
Agglomeration, Technology and Business Groups critically reviews the reasons for the creation of business groups and examines their main characteristics. The authors demonstrate that any useful investigation of the organization and strategies of firms needs to take the business group as the basic unit of analysis. This premise underpins their analysis of the impact of two structural variables - spatial agglomeration and technology - on firm strategy and organization. Via a new dataset on Italian business groups, specific insights into the formulation of diversification strategies, location choices made and variances in vertical integration are provided. Shedding new light on the influence of spatial agglomeration and technology on the organization of firms, this innovative book will be of great interest to academics, researchers and students focussing on industrial economics, the theory of the firm and/or spatial agglomeration.
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What Reviewers Are Saying
'From the outset, Guilio Cainelli and Donato Iacobucci present original and interesting ideas... This is an informative, thought-provoking book that provides interesting insights into the effects of agglomeration and technology on organizational structure and business groups in particular.' -- Salvador Roig Dobon, Management Decision 'Agglomeration, Technology and Business Groups represents basic and necessary reading for academics, researchers, and students whose interests include management and the theory of the firm linked with spatial agglomeration. Cainelli and Iacobucci analyze the literature on Italian industrial districts as a clear and internationally applicable example of the business group as a firm strategy for industrial development.' -- Academy of Management Review 'This book provides us with a novel approach to understanding the interactions between firm strategy and industrial development, and it can pave the way to entirely new lines of research.' -- Roberto Zoboli, Catholic University of Milan, Italy 'I consider Giulio Cainelli a serious, intelligent and promising scholar, and Donato Iacobucci's work is very professional - he belongs to a school of economics that is highly considered in Italy.' -- Giacomo Becattini, University of Florence, Italy