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The Marshallian Industrial District, an organizational and institutional answer to uncertainty

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  • Frédéric Corolleur
  • Claude Courlet

Abstract

The object of this paper is to clarify the Marshallian ideas of agents, markets and evolution that make up his concept of the industrial district. The industrial district is interpreted as an organizational and institutional answer to uncertainty. Its longevity depends on the strategies of the local economic actors, the fruition of external economies and its adaptation to a particular trade and technological environment. These propositions are illustrated with regard to contemporary industrial history.

Suggested Citation

  • Frédéric Corolleur & Claude Courlet, 2003. "The Marshallian Industrial District, an organizational and institutional answer to uncertainty," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 15(4), pages 299-307, October.
    • Handle: RePEc:taf:entreg:v:15:y:2003:i:4:p:299-307
    DOI: 10.1080/0898562032000058941
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    References listed on IDEAS

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    1. Brian J. Loasby, 1989. "The Mind and Method of the Economist," Books, Edward Elgar Publishing, number 288.
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    Cited by:

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    2. Terry L. Besser & Nicholas Recker & Matthew Parker, 2009. "The Impact of New Employers From the Outside, the Growth of Local Capitalism, and New Amenities on the Social and Economic Welfare of Small Towns," Economic Development Quarterly, , vol. 23(4), pages 306-316, November.

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