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This remarkable book outlines the historical framework and the main concepts of the literature on industrial districts. It illustrates a new approach to the study of industrial development, based on well-known industrial districts analysis. Giacomo Becattini has written an authoritative volume which, starting with the theory of districts, explores key aspects of contemporary capitalism. The book concludes that industrial districts are not a provisory phenomenon but a variant of the capitalist mode of production, where financial relationships are relatively less important, and inter-human ones play an unusually important role. Such is the basis for their specific competitive advantage. Academics, politicians and students interested in local development and also industrial development will find much to learn in Industrial Districts, as will industrial geographers and historians of industry and of economic thought

From Industrial Districts to Local Development introduces a set of papers representing the main contribution of the 'Florence school' to the recent literature on industrial districts. The authors illustrate that the revitalisation of the concept of industrial districts, returning to Alfred Marshall's nineteenth-century writings, is rooted in an unconventional interpretation of the economic development of Tuscany after the Second World War. Models of industrial organisation and empirical investigation of industrial tendencies are featured, and Alfred Marshall's concepts of the advantages of the geographical agglomeration of specialised small firms in industrial districts are reintroduced. The authors extend the analysis of purely economic effects of agglomeration, including social, cultural and institutional foundations of local development, and current case studies are presented. This book will appeal to scholars, lecturers and researchers focusing on industrial economics, development economics and economic geography. Its references to Italian political experiences will also be of interest to policymakers in both developed and developing countries

This is a unique and detailed book which surveys the diffusion and reception of Alfred Marshall's ideas and the ways they have influenced the development of economic science up to the present day. -- This is an accessible and extremely readable work offering an interesting perspective on the national traditions of economic thought, in both English and non-English speaking countries, as well as on the work of leading economists. As this work demonstrates, the variety of responses elicited by Alfred Marshall's thought testifies to its richness as well as to the plurality of conceptions of the role and tasks of economics in different times and places. This book complements the authors' previous work The Elgar Companion to Alfred Marshall.