Development of local capitalism in Norwegian fish farming

This article develops theoretical concepts for the understanding of local capitalism and uses these concepts in an empirical analysis of local capitalism in Norwegian fish farming. Despite the increasing globalization in the inter-national economy, local conditions still, to some extent, structure the strategies of firms. An intensive study of two important milieux or territorial agglomerations of fish farms describes and explains how new modes of organization are developed by firms in these two local areas during the 1990s in order to increase their efficiency.