Large Firms in the European Corporate Economy and Industrial Policy in the 1980's

Geroski, Paul A.;Jacquemin, Alexis
(1983) , 36 pages

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Authors
  • Geroski, Paul A.UNiversity of Southamton and UCLouvain
    Author
  • Jacquemin, AlexisUCLouvain
    Author
Abstract
The current crisis in the advanced Western economies and the renewed emphasis in the policy thinking of many governments on market discipline and viability has served to reinforce the urgency felt by many for a carefully constructed and coherent Industrial Policy within the Community, In this context, large firms are a controversial institution; they have grown with and have helped to shape the Common Market, and today they are socially and politically important because of the number of people they influence directly or indirectly, as employees, suppliers and customers. Severely affected by the current crisis and having met with great difficulties in their adaptation to it, they are now embroiled in industry policy discussions: on the one hand, as large centers of economic power whose actions have a large social impact, they are natural targets for policy implementation; and, on the other hand, their size per se may be the subject of policy action.
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Citations

Geroski, P. A., & Jacquemin, A. (1983). Large Firms in the European Corporate Economy and Industrial Policy in the 1980’s (Working Papers Institut des sciences économiques 8301). https://hdl.handle.net/2078.5/279005