Mobilizing Resources and Generating Competencies: The remarkable success of small and medium-sized Enterprises in the Danish Business System

In the 1990s, almost all the professional debate on industrial policy and industrial competitiveness has focused on the role of large companies, high-tech firms and basic technological innovations. This book aims at counterbalancing that perspective by emphasizing the role of small and medium-sized enterprises in the Danish business system.

A general presentation of the new business systems framework is designed to make the reader understand the major institutional differences between the American, Japanese, German and other business systems. Highlighted are the distinctive properties of the Danish business system enabling SMEs to be economically and technologically viable.

Seven case studies are presented, utilizing the new business systems framework. They cover a cross-section of industries and technologies, such as furniture, biotechnology, wind turbine technology, electrical equipment, pumps and valves.