Resilience, adaptation and survival in industry sectors: remaking and remodelling of the automotive sector

Gill Bentley, David Bailey and Daniel Braithwaite

Chapter 5 in Creating Resilient Economies, 2017, pp 55-69 from Edward Elgar Publishing

Abstract: The chapter explores the notion of sectoral resilience in context of the discussion about the resilience of regions. The case study of the automotive industry sector shows that the UK auto industry has the capacity to recover after economic shocks and firms undertake a range of avoidance and adaptive actions in remaking and remodelling themselves in order to survive. It notes, however, that sectoral resilience is a contestable concept; being seen as the outcome of the actions of individual firms in the sector is not sectoral resilience per se. It suggests that sectoral resilience needs to be conceptualized rather in terms of the complexities in the interactions in the development of multi-scalar patterns of relational geographies of production in industrial sectors and that it is this that shapes regional resilience. It requires a policy response to match this complexity: a holistic approach to regional and industrial policy.

Keywords: Business and Management; Development Studies; Economics and Finance; Geography (search for similar items in EconPapers)
Date: 2017
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