The Global Restructuring of the Steel Industry: Innovations, Institutions and Industrial Change, 1st Edition (Hardback) book cover

The Global Restructuring of the Steel Industry

Innovations, Institutions and Industrial Change, 1st Edition

By Anthony D'Costa


248 pages

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Hardback: 9780415148276
pub: 1999-01-28
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pub: 1999-01-28
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Drawing upon case studies of the steel industry in the US, Japan, South Korea, Brazil and India, this book explains how and why the steel industry has shifted from advanced capitalist countries to late industrializing countries. Anthony P. D'Costa examines the relationship between industrial change and institutional responses to technological diffusion. He reveals the governments' and firms' differing responses to innovations lead to an uneven diffusion of technology and industrial reorganization. Moreover, when it becomes clear that existing institutional arrangements no longer serve the industry well, new arrangement are created which allow for innovative behaviour. Often this has created opportunities for technological 'leapfrogging' and the emergence of new technologies in unexpected places.


'The book's clear structure and writing style make it a pleasure to read. It is a detailed account of the global shift of the steel industry and therefore is useful to economic geographers and regional scientists interested in situating their research on steel industry regions in a broader context.' - Regional Studies, Vol. 37.4, 2003, Robert Hassink, Universiy of Bonn

About the Series

Routledge Studies in International Business and the World Economy

As ever-increasing proportion of the world's business takes place across national borders, the need to understand the motive forces behind international business becomes greater. Transnationals are now, in many cases, as important as national governments in shaping trade flows and economic trends. As this series demonstrates, international business is not just the preserve of the largest companies, but impacts on all aspects of business and economic activity. This series is essential reading for policy makers as well as researchers in international business and applied international economics.

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economics / General