Gernot Grabher and David Stark
- Published in print:
- 1996
- Published Online:
- October 2011
- ISBN:
- 9780198290209
- eISBN:
- 9780191684791
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198290209.003.0007
- Subject:
- Business and Management, Organization Studies, Political Economy
This chapter reports the findings of research conducted in a village near Budapest where a type of economic organization corresponding in many respects to what is known as the industrial district ...
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This chapter reports the findings of research conducted in a village near Budapest where a type of economic organization corresponding in many respects to what is known as the industrial district phenomenon was found. The investigation reveals that it is possible in Hungary, too, for relatively capital-rich members of an area to become entrepreneurs by collaborating rather than competing with one another. It argues that co-operation allows an undertaking to include even those individuals who could not otherwise satisfy the conditions for operating an independent business. In the course of the research, three values were found to be central to co-operating between entrepreneurs: professional competence, trust, and ethnicity.Less
This chapter reports the findings of research conducted in a village near Budapest where a type of economic organization corresponding in many respects to what is known as the industrial district phenomenon was found. The investigation reveals that it is possible in Hungary, too, for relatively capital-rich members of an area to become entrepreneurs by collaborating rather than competing with one another. It argues that co-operation allows an undertaking to include even those individuals who could not otherwise satisfy the conditions for operating an independent business. In the course of the research, three values were found to be central to co-operating between entrepreneurs: professional competence, trust, and ethnicity.
