Sectoral Resilience: Conceptualizing Industry-Specific Spatial Patterns of Interactive Crisis Adjustment
Martina Fromhold-Eisebith
European Planning Studies, 2015, vol. 23, issue 9, 1675-1694
Abstract:
While the regional resilience approach stresses major place-specific factors of adaptability to economic crises, industry-sector-specific mechanisms of shock response, which often cross-regional boundaries, still require conceptualization relating to aspects of resilience. This paper proposes the concept of sectoral resilience, which acknowledges that the actors who constitute the value chains and production systems of an industry sector, when struck by a major global crisis, collectively and interactively form a sector-specific pattern of response and adaptation. As these actors often strategically use assets at different locations, industry-specific spatial patterns of adaptation emerge that affect various regions in differing ways. After defining the suggested concept and related terminology, its geographical logics are outlined. Then major conceptual pillars of sectoral resilience are depicted, relating to six major, partly interdependent process fields. For each of them, mechanisms of shock adaptation of an industry sector and major factors of inter-sectoral distinctions of resilience patterns are pointed out, briefly illustrated by the examples of the automotive and mechanical engineering sectors. The approach helps us better understand industry-specific features of crisis adaptation and intersections of regional and corporate logics of resilience.
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:taf:eurpls:v:23:y:2015:i:9:p:1675-1694
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DOI: 10.1080/09654313.2015.1047329
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