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| Author: | Musyck, B. |
| Title: | Institutional endowment, localized capabilities and the emergence of SMEs: from mining to recycling, the case of Freiberg (Saxony) |
| Journal: | Entrepreneurship & Regional Development
2003 : OCT-DEC, VOL. 15:4, p. 273-298 |
| Index terms: | Local planning Mining industry Recycling waste materials Small and medium-sized enterprises (SMEs) Germany, East |
| Language: | eng |
| Abstract: | This article analyses the development of the emerging SME-based recycling and environmental technology sector in the region of Freiberg in the former centrally planned economy of the German Democratic Republic. A relatively successful process of economic renewal resulting from a combination of endogenous assets and exogenous impulses is analyzed, set within a socio-economic context often seen as unconducive to the creation of new and innovative companies. The analysis has three distinct but interlocking strands of explanation: 1) long-term historical assets and localized capabilities, 2) the restructuring of existing local research institutes and 3) public policies in support of environmental protection and applied research. |
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