Company-led strategies in defence sector restructuring: implications for local economic development

Finch, J. (1993) Company-led strategies in defence sector restructuring: implications for local economic development. Local Economy, 7(4), pp. 334-346. (doi: 10.1080/02690949308726160)

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Abstract

This paper examines defence sector restructuring as effected through the networks of Lancashire‐based companies involved in defence production. Evidence of restructuring is drawn from the Lancashire Defence Survey. The data provides the starting point for discussion of the strategies of those companies contracted to supply products and services, and employees contracted to supply skills, in the military production process. Transaction cost theory is applied to these changing contractual relations and implications for local economic development organisations are drawn out.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Finch, Professor John
Authors: Finch, J.
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:Local Economy
ISSN:0269-0942
ISSN (Online):1470-9325
Published Online:08 May 2007

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