Scandinavian Working Papers in Economics
Papers in Innovation Studies,
Lund University, CIRCLE - Centre for Innovation Research
No 2013/40: Innovation under the protected label of origin: heritage, influence and expanding horizons in Cognac
Jerker Moodysson () and Lionel Sack ()
Additional contact information
Jerker Moodysson: CIRCLE, Lund University, Postal: CIRCLE, Lund University, PO Box 117, SE-22100 Lund, Sweden
Lionel Sack: CIRCLE, Lund University, Postal: CIRCLE, Lund University, PO Box 117, SE-22100 Lund, Sweden
Abstract: Previous research has shown that firms react differently to the same institutional configurations due to their different backgrounds. This study examines a regional economy in France in which 300 firms are operating under the same framework conditions and have done so over a long period. From observations we argue that even when all previously respected factors and backgrounds are identical between firms, their responses to the institutional configuration will diverge and bring them on different development trajectories. We identify four distinct groups of observed trajectories, and argue for specific endogenous and exogenous factors that make firms from those groups within the institutional configuration react differently. The observed different responses to the established institutional framework are likely to be increasingly visible at times of or around major external change events affecting the industry as a whole (such as global financial crises, emergence or decline of markets etc.)
Keywords: institutions; stability; innovation; transformation; regional development
29 pages, December 18, 2013
Full text files
201340_Moodysson_Sack.pdf
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