Sweden: From Large Corporations towards a Knowledge-Intensive Economy
This chapter describes a national business system built on large-scale manufacturing. By a combination of capitalism and socialism a centralized welfare state emerged, renowned as the Swedish Model. The model became questioned during the 1970s due to the growing globalization. We describe the transition by following a mature industrial company in a stagnating hosting mill town in a peripheral part of the country. The company had through M&A and shake-ups become a pawn in a global game. Through a combination of institutionalized social and neo-corporatist processes, activated by home returnees, entrepreneurial knowledge-based initiatives, innovation system funding, and a new form of stakeholderism, new modes of business were developed, which turned around the whole eco-system. The chapter claims that this experimentally organized economy has become a decisive mechanism in the ongoing transition of Swedish business system.
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
If you think you should have access to this title, please contact your librarian.