watchcollector2454
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I don't know if this study has been posted already but I thought I would share it because I found it very interesting even though it is a bit dated (2003). I've only got through the cloth bit so far and I thought the info below (found in the conclusion of section 2) was quite interesting:
"The British woollen and worsted industry may not export much, in comparison the Italian
industry, but its exports are of a high quality. It exported more to Italy in 2000 than any
other woollen and worsted industry. It is respected and admired, in Italy and elsewhere,
for the construction and durability of its products. But for some time it has been losing
out to the Italians. Why? The answer does not appear to be due to any shortcomings on
delivery: if anything the British mills offer quicker and more reliable delivery than the
Italian mills. Part of the answer is that, for a given quality of product, Italians manufacture
at a lower cost than the British competitor. How do they achieve this?
"¢ The Piemonte story is that they do so by exploiting scale economies, controlling the
entire process, with heavy investment allied to excellent production engineering,
working with local machinery suppliers (a cluster story again);
"¢ The Prato story is that they do so by fluid alliances of entrepreneurs and artisans,
whose respective skills complement each other. The entrepreneurs identify
opportunities, arrange materials and capital, and tap into a pool of highly specialised
and competitive small-scale weavers who supply at impressively low prices and are
prepared to experiment with materials, processes and equipment."
Here's a link to the study:
http://docs.google.com/viewer?a=v&q=...rSkdCKgNJaVPug
"The British woollen and worsted industry may not export much, in comparison the Italian
industry, but its exports are of a high quality. It exported more to Italy in 2000 than any
other woollen and worsted industry. It is respected and admired, in Italy and elsewhere,
for the construction and durability of its products. But for some time it has been losing
out to the Italians. Why? The answer does not appear to be due to any shortcomings on
delivery: if anything the British mills offer quicker and more reliable delivery than the
Italian mills. Part of the answer is that, for a given quality of product, Italians manufacture
at a lower cost than the British competitor. How do they achieve this?
"¢ The Piemonte story is that they do so by exploiting scale economies, controlling the
entire process, with heavy investment allied to excellent production engineering,
working with local machinery suppliers (a cluster story again);
"¢ The Prato story is that they do so by fluid alliances of entrepreneurs and artisans,
whose respective skills complement each other. The entrepreneurs identify
opportunities, arrange materials and capital, and tap into a pool of highly specialised
and competitive small-scale weavers who supply at impressively low prices and are
prepared to experiment with materials, processes and equipment."
Here's a link to the study:
http://docs.google.com/viewer?a=v&q=...rSkdCKgNJaVPug