 Organizational Innovation and Institutional Change: The Case of Valio in FinlandLampros Lamprinakis International Journal on Food System Dynamics, 2012, vol. 03, issue 2, 11 Abstract: Firms in the agri-food industry are embedded in a system of institutions, regulations and policies that shape their economic environment and affect their conduct and performance. Changes in this system can propose new challenges for the firms that need to adequately and efficiently change and adapt to the emerging environment. The following article examines how deep structural changes in the institutional and regulatory setting can be effectively addressed by organizational innovation and what can be the catalysts behind a successful innovation effort. In doing so the analysis examines the case of Valio, the largest Finnish dairy company and its reconstruction effort due to Finland’s EU accession in 1995. After years of restructuring and changing its business model the company remains a major player in Finland and one of the most well-known brands in the region. Keywords: Agribusiness; Industrial Organization; Institutional and Behavioral Economics; Research and Development/Tech Change/Emerging Technologies; Research Methods/Statistical Methods (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ags:ijofsd:144854 Access Statistics for this article More articles in International Journal on Food System Dynamics from International Center for Management, Communication, and Research Contact information at EDIRC. |
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