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Changing Governance of Local EconomiesResponses of European Local Production Systems$
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Colin Crouch, Patrick Le Galès, Carlo Trigilia, and Helmut Voelzkow

Print publication date: 2004

Print ISBN-13: 9780199259403

Published to Oxford Scholarship Online: February 2006

DOI: 10.1093/0199259402.001.0001

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Grenoble Valley

Grenoble Valley

(p.306) 18 Grenoble Valley
Changing Governance of Local Economies

Aniello Valeria

Oxford University Press

This chapter examines the high-tech industry in Grenoble. The Grenoble case confirms the heterogeneity of governance models. Both local and global actors participate in the production of a simple, collective good, indicating diverse adjustment mechanisms. However, the situation of governance and collective competition goods in the sector has several weak points that undermine its future and create grounds for deterioration, such as the large-scale dependence on public funding.

Keywords:   Grenoble Valley, LCCGs, SMEs, high-tech industry

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