The Global Restructuring of the Steel Industry: Innovations, Institutions and Industrial Change

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Anthony D'Costa Amiya Kumar Bagchi (Centre for Social Studies, India)

The Global Restructuring of the Steel Industry

Innovations, Institutions and Industrial Change

Anthony D'Costa, Amiya Kumar Bagchi (Centre for Social Studies, India)

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English

Routledge
28 January 1999

Iron, steel & metals industries

Series: Routledge Studies in International Business and the World Economy

The steel industry is one of the many major world industries extensively restructured in this era of globalization. The Global Restructuring of the Steel Industry explains how and why the steel industry has shifted from advanced capitalist countries to late industrializing countries. Drawing upon case studies of the steel industry in the US, Japan, South Korea, Brazil and India, Anthony P. D'Costa examines the relationship between industrial change and institutional responses to technological diffusion. He reveals that governments' and firms' differing responses to innovations lead to an uneven diffusion of technology and industrial reorganization. Moreover, when it becomes clear that existing institutional arrangements no longer serve the industry well, new arrangements are created which allow for innovative behaviour. Often this has created opportunities for technological 'leapfrogging' and the emergence of new technologies in unexpected places. The steel industry has consequently known a new dynamism and the open-ended nature of capitalist competition has been firmly underscored. The Global Restructuring of

the Steel Industry is a timely addition to the literature of world industries and offers valuable insights into the new dynamics of industrial capitalism in a globalized age.

By: Anthony D'Costa
Foreword by: Amiya Kumar Bagchi (Centre for Social Studies India)
Imprint: Routledge
Country of Publication: United Kingdom
Volume: v.13
Dimensions: Height: 234mm, Width: 156mm, Spine: 23mm
Weight: 620g
ISBN: 9780415148276
ISBN 10: 0415148278
Series: Routledge Studies in International Business and the World Economy
Pages: 248
Publication Date: 28 January 1999
Audience: College/higher education , A / AS level , Further / Higher Education
Format: Hardback
Publisher's Status: Active

Chapter 1. The Restructuring of the Steel Industry, Chapter 2. An Institutional Interpretation of Steel Industry Restructuring: An Analytical Framework, Chapter 3. Technological Change and Crisis in the American Steel Industry, Chapter 4. Technological Change and Rapid Industrial Development in Japan and South Korea, Chapter 5. Technological Change and Institutional Challenges in Brazil, India and Korea, Chapter 6. Technological Change and the Internalization of the Steel Industry, Chapter 7. Innovations, Entrepreneurial Breakthroughs, and Industry Restructuring, Chapter 8. Interpreting Technological Change and Industrial Restructuring.

Anthony D'Costa

Reviews for The Global Restructuring of the Steel Industry: Innovations, Institutions and Industrial Change

'The book's clear structure and writing style make it a pleasure to read. It is a detailed account of the global shift of the steel industry and therefore is useful to economic geographers and regional scientists interested in situating their research on steel industry regions in a broader context.' - Regional Studies, Vol. 37.4, 2003, Robert Hassink, Universiy of Bonn