Resilience Planning

Industrial districts and inter-firm co-operation in Italy

Author(s): 
F. Pyke, 0. Becattini and W. Sengenberger
Year: 
1992
Whilst economies all over the world in the late 1970s and 1980s set into recession and stagnation, frequently accompanied by serious deteriorations in labour and social conditions, rising unemployment, and insecurity, a few localities stood out as exhibiting a remarkable resilience and even growth. They were engaged in a variety of industries, and included not only advanced sectors but also more traditional, labour-intensive ones, and thereby posed a challenge to those who have argued that such economic activities can no longer succeed in high wage industrialised countries. Thus,

The Relative Survival of Worker Cooperatives and Barriers to Their Creation

Author(s): 
Erik Olsen
Year: 
2013
This paper argues the conjecture that worker cooperatives (WCs) are rare because of competitive disadvantages relative to conventionally-owned firms (CFs) is not supported by existing research. It surveys research on the survival and failure of WCs and CFs and estimates the nonparametric hazard and survival functions for CFs in the US. Because the rarity of WCs cannot be attributed to performance it must result from a low formation rate.

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