Accounting for the resilience of the machine-tool industry in Spain (c. 1960–2015)

Bibliographic Data

ID8420391
AuthorsJesús M Valdaliso (0000-0002-3219-8301, Department of Economic History and Institutions, Faculty of Economics and Business Studies, University of the Basque Country UPV/EHU, Bilbao, Spain, corresponding author)
Year2020
Volume62
Issue4
Pages637-662
Publication date2020-05-18
Open AccessNo
TypeARTICLE
VenueBusiness History (JOURNAL)
Journal identifiersISSN: 0007-6791 • E-ISSN: 1743-7938
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00076791.2018.1473380
OpenAlexW2884858476
LanguageEN
Citations received3
References cited39

This article examines the evolution of the machine-tool industry in Spain between 1960 and 2015, its international competitiveness and its adaptability to the changes that have taken place in this industry worldwide as regards markets, technology and competitors. Drawing on the theoretical literature on the resilience of regions, cities and production systems, the article offers an exploratory analysis of the three main factors that account for the resilience of this industry in Spain: business size, flexibility and production specialisation; absorptive and innovative capacity; and geographical concentration in a region with an ecosystem that is highly supportive of skilled human capital training and innovation

Absorptive capacity · Adaptability · Business · Competitor analysis · Economic growth · Economics · Flexibility (engineering · Industrial organization · Management · Production (economics · Productivity · Psychological resilience · Resilience (materials science · Employment and Welfare Studies · Marketing · Migration, Aging, and Tourism Studies · Regional resilience and development

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