EconPapers    
Economics at your fingertips  
 

The Conversion of Military Activities: A Strategic Management of the Firm Perspective

Pierre Dussauge
Additional contact information
Pierre Dussauge: Centre D’Enseignement Superieur des Affaires

Chapter 20 in Peace, Defence and Economic Analysis, 1987, pp 424-437 from Palgrave Macmillan

Abstract: Abstract Studies on the conversion of military industrial activities up to now have largely ignored one of the main actors of the conversion process: the firm. Adopting a strategic management of the firm perspective, the purpose of this chapter is to give some insight on the way the conversion process will affect firms that have military activities. The first stage in the analysis is aimed at clearly identifying the main characteristics of defence-oriented activities, pointing out the specific part they play in a firm’s business portfolio, and understanding how they affect the formulation and implementation of a firm’s global strategy. Military industrial activities appear to have three main strategic impacts on firm’s business portfolio: (i) a technological impact; (ii) an impact in terms of financial resources and profitability; and (iii) an impact on the firm’s global risk level. Taking these points into account, one can suggest that the main impulse to proceed with a conversion process must necessarily be given by the State and that firms involved will generally oppose the process. A general framework for evaluating the effect on the firms of the conversion of their military activities is presented as a conclusion. It seems to imply that different firms face different problems and that they therefore require differentiated government measures; the central consideration for designing the government measures is the strategic impact of military activities on the business portfolio of the various firms.

Keywords: Conversion Process; Military Activity; Civilian Application; Civilian Activity; Main Impulse (search for similar items in EconPapers)
Date: 1987
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-18898-7_20

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349188987

DOI: 10.1007/978-1-349-18898-7_20

Access Statistics for this chapter

More chapters in International Economic Association Series from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-23
Handle: RePEc:pal:intecp:978-1-349-18898-7_20