Creating Resilient Economies
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Creating Resilient Economies

Entrepreneurship, Growth and Development in Uncertain Times

Edited by Nick Williams and Tim Vorley

Providing a coherent and clear narrative, Creating Resilient Economies offers a theoretical analysis of resilience and provides guidance to policymakers with regards to fostering more resilient economies and people. It adeptly illustrates how resilience thinking can offer the opportunity to re-frame economic development policy and practice and provides a clear evidence base of the cultural, economic, political and social conditions that shape the adaptability, flexibility and responsiveness to crises in their many forms.
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Chapter 5: Resilience, adaptation and survival in industry sectors: remaking and remodelling of the automotive sector

Gill Bentley, David Bailey and Daniel Braithwaite

Abstract

The chapter explores the notion of sectoral resilience in context of the discussion about the resilience of regions. The case study of the automotive industry sector shows that the UK auto industry has the capacity to recover after economic shocks and firms undertake a range of avoidance and adaptive actions in remaking and remodelling themselves in order to survive. It notes, however, that sectoral resilience is a contestable concept; being seen as the outcome of the actions of individual firms in the sector is not sectoral resilience per se. It suggests that sectoral resilience needs to be conceptualized rather in terms of the complexities in the interactions in the development of multi-scalar patterns of relational geographies of production in industrial sectors and that it is this that shapes regional resilience. It requires a policy response to match this complexity: a holistic approach to regional and industrial policy.

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