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Enterprise Restructuring and Embeddedness: A Policy and Systems Perspective


  • Teubal, Morris
  • Andersen, Esben


This paper presents a dynamic analysis of technological (and industrial) policies directed to business sector restructuring in increasingly knowledge-based economies. It simultaneously considers policies which are aimed at promoting restructuring directly and policies aimed at influencing the facilitating structure of (largely) non-business institutions and organizations. This paper also offers an explicit analysis of the changing portfolio of policies, recognizing the complementarity of both incentives and institutional development, and the likelihood of having to adopt, under a broad set of circumstances, a changing portfolio of horizontal and target "incentives" policies/programs. Copyright 2000 by Oxford University Press.

Suggested Citation

  • Teubal, Morris & Andersen, Esben, 2000. "Enterprise Restructuring and Embeddedness: A Policy and Systems Perspective," Industrial and Corporate Change, Oxford University Press, vol. 9(1), pages 87-111, March.
  • Handle: RePEc:oup:indcch:v:9:y:2000:i:1:p:87-111

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    References listed on IDEAS

    1. Bas Jacobs & Frederick Van Der Ploeg, 2006. "Guide to reform of higher education: a European perspective," Economic Policy, CEPR;CES;MSH, vol. 21(47), pages 535-592, July.
    2. Moretti, Enrico, 2004. "Estimating the social return to higher education: evidence from longitudinal and repeated cross-sectional data," Journal of Econometrics, Elsevier, vol. 121(1-2), pages 175-212.
    3. André Sapir & Philippe Aghion & Mathias Dewatripont & Caroline Hoxby & Andreu Mas-Colell, 2007. "Why reform Europe's universities," ULB Institutional Repository 2013/8100, ULB -- Universite Libre de Bruxelles.
    4. Laura Abramovsky & Rupert Harrison & Helen Simpson, 2007. "University Research and the Location of Business R&D," Economic Journal, Royal Economic Society, vol. 117(519), pages 114-141, March.
    5. Paul M. Romer, 2001. "Should the Government Subsidize Supply or Demand in the Market for Scientists and Engineers?," NBER Chapters,in: Innovation Policy and the Economy, Volume 1, pages 221-252 National Bureau of Economic Research, Inc.
    6. Bruno Pottelsberghe de la Potterie, 2008. "Europe's R&D: Missing the Wrong Targets?," Intereconomics: Review of European Economic Policy, Springer;German National Library of Economics;Centre for European Policy Studies (CEPS), vol. 43(4), pages 220-225, July.
    7. Francesco Lissoni & Bulat Sanditov & Gianluca Tarasconi, 2006. "The Keins Database on Academic Inventors: Methodology and Contents," KITeS Working Papers 181, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Sep 2006.
    8. Manuel Bagues & Mauro Sylos Labini & Natalia Zinovyeva, 2008. "Differential Grading Standards and University Funding: Evidence from Italy," CESifo Economic Studies, CESifo, vol. 54(2), pages 149-176.
    9. Dosi, Giovanni & Llerena, Patrick & Labini, Mauro Sylos, 2006. "The relationships between science, technologies and their industrial exploitation: An illustration through the myths and realities of the so-called `European Paradox'," Research Policy, Elsevier, vol. 35(10), pages 1450-1464, December.
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    Cited by:

    1. Gil Avnimelech & Morris Teubal, 2004. "Strength of Market Forces and the Successful Emergence of Israel's Venture Capital Industry. Insights from a Policy-Led Case of Structural Change," Revue économique, Presses de Sciences-Po, vol. 55(6), pages 1265-1300.
    2. Chan-Yuan Wong, 2016. "Evolutionary targeting for inclusive development," Journal of Evolutionary Economics, Springer, vol. 26(2), pages 291-316, May.
    3. Bodas Freitas, Isabel Maria & Dantas, Eva & Iizuka, Michiko, 2012. "The Kyoto mechanisms and the diffusion of renewable energy technologies in the BRICS," Energy Policy, Elsevier, vol. 42(C), pages 118-128.
    4. Avnimelech, Gil & Teubal, Morris, 2007. "Innovation and technology policy (ITP) for catching up: a three phase life cycle framework for industrializing economies," Estudios y Perspectivas – Oficina de la CEPAL en Buenos Aires 36, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    5. Isabel Maria Bodas Freitas & Michiko Iizuka, 2012. "A multi-level analysis of the diffusion of standards compliance in Latin America," Grenoble Ecole de Management (Post-Print) hal-01487512, HAL.
    6. Bodas Freitas, Isabel Maria & von Tunzelmann, Nick, 2008. "Mapping public support for innovation: A comparison of policy alignment in the UK and France," Research Policy, Elsevier, vol. 37(9), pages 1446-1464, October.
    7. Isabel Maria Freitas Bodas & Nick Von Tunzelmann, 2008. "Mapping public support for innovation: a comparison of policy alignment in the UK and France," Grenoble Ecole de Management (Post-Print) hal-01487464, HAL.
    8. Bodas Freitas, Isabel Maria & Iizuka, Michiko, 2012. "Openness to international markets and the diffusion of standards compliance in Latin America. A multi level analysis," Research Policy, Elsevier, vol. 41(1), pages 201-215.
    9. Oyelaran-Oyeyinka, Banji & Gehl Sampath, Padmashree, 2006. "Rough Road to Market: Institutional Barriers to Innovations in Africa," MERIT Working Papers 026, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).

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