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This book explains the roles of the industrial location in vitalizing regional economies in various economic environments created due to the progress of globalization. Here, this book elucidates the impact of industrial location and locational factors on regional economies. It clarifies the effects on industrial location of regulations and corporate tax. And the book explains the regional economic influence of the employment and agglomeration that are factors influencing the location. It also focuses on some countries and examines the relationships between the industrial location and the vitalization of regional economy in each country. This analysis covers the automotive and high-tech industries in the northeastern region of China, the impact of urban systems on regional development in the Philippines, and firms in revitalization in the northern region of Sweden. And it reveals achievements and challenges in each region. Finally, the book clarifies that the level of achievement in regional development is related to the educational environment. It also suggests that the industrial composition of a region is influenced by the level of regional cooperation with other regions. The analyses in the book show that a region must select the industries that match its newly emerged regional characteristics for vitalization.
This book addresses the growing interest in cluster and targeted economic developments, reviewing the socioeconomic theoretical foundations of industry targeting and suggesting alternative methods of identifying industries for targeting.
Increasingly, endogenous factors and processes are being emphasized as drivers in regional economic development and growth. This 15 chapter book is unique in that it commences by presenting five disciplinary takes on endogenous development from the perspectives of economics, geography, sociology, planning and organizational management. Several chapters demonstrate how researchers have developed operational models to investigate the roles played by endogenous factors in regional economic development, including the role of entrepreneurial rents. Further chapters provide empirical investigations of endogenous factors in regional development at various levels of spatial scale - from the supraregion to the nation, city and small town - and in a variety of situational settings, including the European Union, Asia and Australia. The book is an invaluable up-to-date resource for researchers and students in regional science, and regional economic development and planning.