By Charlie Karlsson, Borje Johansson, Roger R. Stough
Nearby financial improvement has skilled massive dynamism over fresh years. might be the main awesome circumstances have been the increase of China and India to emergent nation prestige by means of the flip of the millennium. With time now for hindsight, this booklet identifies many of the key forces at the back of those improvement successes, particularly agglomeration, clusters and entrepreneurship.
The specialist members discover those 3 forces, which shape the foundation of a lot scholarly paintings in new financial geography and endogenous development thought and coverage. right here, lecturers from throughout Europe, North the USA, Asia and Australia think of the function of agglomeration, clusters and entrepreneurship in nearby financial improvement inside of an international marketplace context.
The ebook provides stable conceptual and methodological contributions to the turning out to be physique of data that extends those theoretical ideas, and prescribes coverage and useful functions. correct case experiences underpin the special empirical analyses.
Academics, scholars, researchers and policymakers within the fields of entrepreneurship, neighborhood improvement and local technological know-how will locate this ebook to be an enlightening read.
Contributors: L. Achtenhagen, J. Bastesen, I. Bernhard, N. Carbonara, T.L. Clower, G.A.S. cook dinner, I. Giannoccaro, L. Iandoli, H. Jeong, B. Johannson, C. Karlsson, okay. Kobayashi, S. Koster, A. Manduchi, E. Marchione, M. Markantoni, L. Naldi, ok. Nyström, M. Onishi, N.R. Pandit, R. Picard, C. Ponsiglione, T.-K. Shyy, C. track, R.J. Stimson, R.R. Stough, D. Strijker, E. Vatne, B.L. Weinstein, E. Wihlborg, G. Zollo
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Additional resources for Agglomeration, Clusters and Entrepreneurship: Studies in Regional Economic Development
Fortunately the vibrancy of endogenous growth theory as developed over the last 3 decades offers new opportunities for theories of regional growth. As seen in the copious literature on US regional economic development, its emphases on knowledge, knowledge spillover, entrepreneurship, technological innovation, leadership, institutions and entrepreneurship open a new window for empirical research to investigate regional economic development and growth. For example, in that literature, investigations into the role of leadership for regional economic development were not based upon a traditional hierarchical authority structure but rather upon notions of mutual trust and cooperation among stakeholders (Gray, 1989; Judd and Parkinson, 1990; Fosler, 1992).
22 Agglomeration, clusters and entrepreneurship In both of these exploratory applications of the model framework, the dependent variable measure of endogenous regional employment growth was the regional or differential shift component across all industry sectors derived from a shift-share analysis of employment change over a specified period of time standardized by the size of the regional labor force. Both studies employed a standard OLS technique to estimate the model of regional endogenous growth.
Population change was seen to have had a greater impact on the endogenous regional growth of the medium-size MSAs than was the case for the large-size MSAs, while for the small-size MSAs, there was a negative effect on their endogenous regional employment growth performance. That finding implies that agglomeration economies might have been an important element in the generation of endogenous regional employment growth, a finding that is consistent with those in the general literature on regional economic development and growth.