ABSTRACT
Concepts of organization and governance relating to competition between firms which operate decentrally while government perceives its role exclusively as a regulatory and supervisory agency will not suffice to come to effective terms with industrial change in a phase of technological and worldwide economic upheaval. This applies in particular for industrially underdeveloped countries with relatively open economies in which the primarily weak national firms are forced to assert themselves vis-a-vis foreign direct investment and import competition from strong countries while at the same time attempting to grow into the world market, i.e. into the technological-industrial competition between the industrialized countries. An initially weak government must improve the conditions for the private sector, while at the same time coming to terms with fierce conflicts over redistribution.
