European market integration and the political economy of corporate adjustment: OTE and Telecom Italia, 1949-2009

Kornelakis, Andreas (2015) European market integration and the political economy of corporate adjustment: OTE and Telecom Italia, 1949-2009. Business History, 57 (6). pp. 885-902. ISSN 0007-6791

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Abstract

Despite the common challenges posed by European market integration and liberalisation, the behaviour of telecommunications operators across Europe suggests a variety of modes of adjustment and paths to privatisation. The article examines the puzzle of divergent responses to liberalisation by OTE and Telecom Italia (TI), casting light on their distinct paths to privatisation and internationalisation. The cases are considered in the context of the Varieties of Capitalism frame, which challenges the perspective that global market integration will lead to convergence in strategies and structures. Thus, the article suggests that the observed differences are largely explained by the domestic actors' preferences, and to a much lesser extent attributed to the globalising forces of technological change and competition.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > Business and Management
Subjects: D History General and Old World > D History (General) > D900 Europe (General)
H Social Sciences > HC Economic history and conditions
H Social Sciences > HE Transportation and communications > HE7601 Telecommunication industry. Telegraph
J Political Science > JN Political institutions (Europe) > JN0030 European Union. European Community. European communities
Depositing User: Andreas Kornelakis
Date Deposited: 26 May 2015 13:43
Last Modified: 30 Jul 2019 14:21
URI: http://sro.sussex.ac.uk/id/eprint/54140

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