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Interrelated Diversification and Internationalisation: Critical Drives of Global Industries

Author

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  • Mario Davide Parrilli
  • Jon Mikel Zabala-Iturriagagoitia

Abstract

?This paper discusses the influence of two economic trends that arise as a consequence of globalisation: the industrial interrelated diversification process through related varieties and the internationalisation of both production and innovation. These two trends are evidenced in two industries located in the Basque Country region, the former furniture industry and the wind energy sector. Our study reveals how companies and territories that are in condition to pick up the opportunities derived from the above trends are also the ones that may guarantee their sustainability in the marketplace. In contrast, the firms that respond to these challenges by merely targeting their traditional and/or local markets might be saving their short-run competitiveness while jeopardizing their future prospects.?

Suggested Citation

  • Mario Davide Parrilli & Jon Mikel Zabala-Iturriagagoitia, 2014. "Interrelated Diversification and Internationalisation: Critical Drives of Global Industries," Revue d'économie industrielle, De Boeck Université, vol. 0(1), pages 63-93.
    • Handle: RePEc:cai:reidbu:rei_145_0063
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    Cited by:

    1. Ming Tian & Teng Wang & Xiaotong Li, 2021. "Dual function of corporate social responsibility on R&D strategy: Moderating effect of board interlock," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(6), pages 1492-1508, September.
    2. Zabala-Iturriagagoitia, Jon Mikel & Porto Gómez, Igone & Aguirre Larracoechea, Urko, 2020. "Technological diversification: a matter of related or unrelated varieties?," Technological Forecasting and Social Change, Elsevier, vol. 155(C).

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