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Drawing on a rich literature and case study material from selected industries, and elaborating on key concepts such as firms and competencies, industries and industrial systems, and competitiveness and prosperity, this book sets out to answer three broad research questions: * What is competition about in today's economy? * Why do geographical areas (local milieus, cities, regions, countries) specialize in particular types of economic activity, and why do patterns of specialization, once in place tend to be so tremendously durable? * How can high-cost regions in general and small industrialized countries in particular sustain competitiveness and prosperity in an increasingly globally integrated world economy? This book points the way out of a dilemma created by recent industrial theory and policy: is it possible for countries which are not destined to be leading high-tech powers to take advantage of the current conjuncture of increasingly open-markets.
There is now a wide spread interest in regions as a key focus in the organization and governance of economic growth and wealth creation. This important book considers the factors that influence and shape the competitive performance of regions. This is not just an issue of academic interest and debate, but also of increasing policy deliberation and action. However, as the readings in this book make clear, the very idea of regional competitiveness is itself complex and contentious. Many academics and policy makers have used the concept without fully considering what is meant by the term and how it can be measured. Policy formulation has tended to rush ahead of understanding and analysis, and the purpose of this book is to close this important gap in understanding. This book was previously published as a special issue of Regional Studies.
The aim of this Handbook is to take stock of regional competitiveness and complementary concepts as a means of presenting a state-of-the-art discussion of the contemporary theories, perspectives and empirical explanations that help make sense of the determinants of uneven development across regions. Drawing on an international field of leading scholars, the book is assembled and organized so that readers can first learn about the theoretical underpinnings of regional competitiveness and development theory, before moving on to deeper discussions of key factors and principal elements, the emergence of allied concepts, empirical applications, and the policy context.
This title analyzes the conception of economic development in modern regions, which has gone through a fundamental change since the early 1980s. Regions are today increasingly looked upon as independant market places that are connected via interregional and international trade and not as administrative units embodied in a national state. Two complementary theoretical frameworks explain the specialization of economic activity at the regional level. The traditional approach assumes that the comparative advantages of regions depend upon differences in the supply of lasting resources. In contrast the newer complementary framework called the "new economic georgraphy", assumes that the dynamic interaction between geographical market potentials and rational firms in its own way creates the comparative advantage of regions. The book examines the policy implications of the complementarity of the competing views in a variety of geographic and functional contexts.
This handbook provides academics and students with a comprehensive and holistic understanding of the phenomenon of innovation.
This book will discuss seven controversies in local economic development, including knowledge and learning, the provision of resources to nurture entrepreneurial talent, innovation, clusters of enterprise and inward investment.
Bringing together a wide range of empirical studies from around the world (Sweden, Norway, Austria, Germany, France, UK, Israel, Russia, China, Taiwan, Argentina, Canada), framed in related contemporary theoretical frameworks, this book examines the question of the significance of proximate vs. more distant relationships for economic agents' performance and local economic development. While this question has been the subject of intense debates in recent years, it is obvious that proximity and distance are not explanatory factors as such. The book argues for the need to understand the aims of economic relationships, the nature of the regional environment in which they originate, and the scale at which they operate. The book suggests that the notions of diversity, innovativeness, maturity and multiple scales should be incorporated into the debates on the significance of proximity for economic performance.