Chapter

Machine Tools in France: A Century of Failure to Build a Competitive Industry

Patrick Le GalÈs and Nicolas> Gaubert

in Changing Governance of Local Economies

Published in print February 2004 | ISBN: 9780199259403
Published online February 2006 | e-ISBN: 9780191603020 | DOI: http://dx.doi.org/10.1093/0199259402.003.0006
 Machine Tools in France: A Century of Failure to Build a Competitive Industry

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This chapter examines the machine-tool industry in France. It analyses the governance of the industry, and emphasizes the interdependence between the sector, other industrial sectors, and the state, which led to its collapse. Firms were reorganized following market-modes of regulation and using local collective competition goods (LCCGs) by machine tool firms from Japan, Italy, and Germany. The recovery of the industry shows the success of this strategy; the dependence on the success of leading French industries; the absence of clustering processes; and the attempt to develop the production of LCCGs organized by business leaders and public agencies.

Keywords: France; machine-tool industry; LCCGs; SMEs; governance; sectoral analysis

Chapter.  8622 words. 

Subjects: International Economics

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