Working Paper No. 134

Firm Strategies in the Machine Tool Industry in the United States and Sweden: Responses to Technological Challenges and Global Competition


The machine tool industry, even though it is tiny, is often considered strategic because of its role as supplier of technology to all metalworking industry. In recent years, the machine tool industry in Western countries has had to face major new challenges, especially in the form of new technologies and intensified international competition. The object of the present paper is to examine the basic forces at work in the industry and study the choice of strategy of machine tool firms in response to these challenges. Utilizing the analytical framework developed by Porter, the study is based on in-depth interviews with a dozen machine tool firms in the United States and Sweden.

Interdisciplinary European Studies

The European Union and the Return of the Nation State

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This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

About the book

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