TY - JOUR
T1 - Food industry structure in Norway and Denmark since the 1990s
T2 - path dependency and institutional trajectories in Nordic food markets
AU - Klimek, Bjørn
AU - Hansen, Henning Otte
PY - 2017/5/1
Y1 - 2017/5/1
N2 - Structural changes in Norwegian and Danish food industry since the 1990s is analysed as a path dependent response to the neo-liberal turn. Norway entered the 1990s as a protected market and Denmark as case of an export oriented industry. These developmental strategies are rooted in early 20th century industrialisation and influenced by institutional transformations in the 1990s, such as EU and WTO. Mergers and acquisitions (M&A) are studied in the context of changing political environments. Explaining two different trajectories, we combine path dependency theories and a Polanyi inspired ‘varieties of capitalism’ framework with corporate strategy theories on food industry M&As. We identify two different types of path dependent development, a self-reinforcing in Denmark and a transformative ‘breaking point’ in Norway.
AB - Structural changes in Norwegian and Danish food industry since the 1990s is analysed as a path dependent response to the neo-liberal turn. Norway entered the 1990s as a protected market and Denmark as case of an export oriented industry. These developmental strategies are rooted in early 20th century industrialisation and influenced by institutional transformations in the 1990s, such as EU and WTO. Mergers and acquisitions (M&A) are studied in the context of changing political environments. Explaining two different trajectories, we combine path dependency theories and a Polanyi inspired ‘varieties of capitalism’ framework with corporate strategy theories on food industry M&As. We identify two different types of path dependent development, a self-reinforcing in Denmark and a transformative ‘breaking point’ in Norway.
U2 - 10.1016/j.foodpol.2017.03.009
DO - 10.1016/j.foodpol.2017.03.009
M3 - Journal article
SN - 0306-9192
VL - 69
SP - 110
EP - 122
JO - Food Policy
JF - Food Policy
ER -