In the 1990s, almost all the professional debate on
industrial policy and industrial competitiveness has
focused on the role of large companies, high-tech
firms and basic technological innovations. This book
aims at counterbalancing that 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 the
American, Japanese, German and other business
systems. Highlighted are 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.