ABSTRACT
Assessing bargaining relations within an industrial complex, one may observe an interesting paradox. Bargaining relations within the value chain, particularly between a core firm and its suppliers and dealers, have received considerable attention from authors writing on business administration and economics. Bargaining relations outside the value chain, however, have been ignored by these groups, and have been addressed more by political scientists, political economists and students of public administration and economic geography. Thus the former group has tended to analyse the relations between core firms and, for instance, financial actors primarily in efficiency terms, and much less so in bargaining terms.
