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SPANISH MACHINE TOOL INDUSTRY

Giuseppe Calabrese

CERIS Working Paper from CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY

Abstract: The Spanish case offers a particularly interesting opportunity to consider the innovative policies of a country that, after great difficulties, is becoming competitive in the machine tool world market. Firms in the Basque Country, and Spanish companies as a whole, are facing the actual economic internationalization process in a situation of inferiority: small size, weakness of external commercial networks, low R&D, and so on. Within such a national and local situation, Spanish machine tool shows some peculiar characteristics in the international contest of this industry that are worthwhile mentioning.

Pages: 42 pages
Date: 1993-06
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