Ownership linkages and business groups in industrial districts. The case of Emilia Romagna

Production and financial linkages in inter-firm networks: structural variety, risk-sharing and resilience

“…Quite interestingly, this result is consistent with the trade-off local studies find between contractual opportunistic behaviors, on the one side, and social capital, on the other. For example, this has been shown to be the case of the footwear district of San Mauro Pascoli in the Italian region of Emilia-Romagna (Brioschi et al 2004).…”

“…Their evolutionary patterns have been studied in an industry life-cycle perspective by Carbonara et al (2002) and Albino et al (2006Albino et al ( , 2007-for supply chains in industrial districts-and by Ter Wal and -in terms of co-evolutionary processes of industries, firms and networks in clusters. Finally, the structure of ownership and non-ownership ties in industrial districts, their evolution over time and the presence of business groups in industrial districts have been investigated by Brioschi et al (2002Brioschi et al ( , 2004.…”

Outsourcing and Firm Productivity in a Specific Local Production System: Evidence from Reggio Emilia (Italy)

“…Although not fully robust across all the models, it seems that being part of a national group ( GROUP_NAT ) lowers productivity growth, with respect to the benchmark case of not belonging to any group. Once compared with the extant literature on the role of business groups for the relationships and dynamics of ID (e.g., Brioschi, Brioschi, and Cainelli ), this result appears contradictory. A tentative explanation could be found in the nature of our sample, which refers exclusively to medium‐sized and large companies.…”

“…In the case of small firms, the ownership linkages that business groups entail can provide an important injection of financial and managerial capital, which can compensate for their shortages of both. This emerges, e.g., from the analysis of the so‐called district groups in Emilia‐Romagna (see Brioschi, Brioschi and Cainelli ). In our case of medium and large ones, however, belonging to national groups could add, with respect to their non‐group companions, administration, and managerial diseconomies that are not compensated by the openness guaranteed by the international groups.…”

Trajectories in geographical space out of communication in acquaintance space: An agent‐based model of a textile industrial district

“…Although the notion of the industrial district was originally conceived for sets of small firms, many industrial agglomerations labelled as ‘districts’ actually entail firms of different size (Lazerson and Lorenzoni , ), or arrangements of small firms into industrial groups (Brioschi et al. ; Cainelli et al. ).…”