Publisher's Synopsis
In the 1990s, much of the professional debate surrounding industrial policy and industrial competitiveness was focused on the role of large companies, high-tech firms and basic technological innovations. This book aims to counterbalance this 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 American, Japanese, German and other business systems. The book highlights 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.