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The aim of this text is to analyze and critically investigate theoretical propostions set out in the debate on flexible specialization and industrial districts. There is a particular interest in analyzing the evolution of industrial systems and the role of SMEs in the networks of firms.

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• Small firms, networked firms and innovation systems: an introduction
• Small Firms Versus Large Firms
• Efficiency, Flexibility and Industrial Policy
• Small and medium enterprises in space: the plural economy
• Industrial network formation and regulation: the case of Japan's SME policy
• The Role of Smaller Firms in Complex Production Systems
• Challenges and pathways for small firm sub-contractors in an era of global supply chain restructuring
• Industrial change and local competitive advantage: industrial production systems in Turin
• Sub-contractors, supplier parks and supply chain management: the case of Volvo's arendal supplier park
• The unresolved question of new versus old: technological change and organizational response in the German chemical industry
• Localized Resources and Localized Learning
• A Competitive Advantage?
• Localized knowledge, interactive learning and innovation: between regional networks and global corporations
• Enterprise, power and embeddedness: an empirical exploration
• Explaining the internationalization of SMEs: the importance of internal and local resources
• Decline and renewal in industrial districts: the exit strategies of SMEs in consumer goods industrial districts of Germany
• Modernizing the industrial district: rejuvenation or managerial colonization?
• Notes
• References
• Index