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'The rise of endogenous growth thinking has produced an understanding that the national and in fact the global economy depends generally on supply side initiatives that for the most part are driven at the local regional level. Focusing endogenous forces at the regional level has become elemental in our thinking about development and competitiveness at all levels. This book demonstrates that building and testing "local after-crisis scenarios" before crises occur informs policy and leadership at the critical flex points along the regional development horizon.' Roger Stough, George Mason University, US This up-to-date and insightful book presents post-crisis scenarios for European regions with new methodologies and tools to support quantitative assessment and foresight. The aim is to develop regional forecasting methodologies and tools, appropriate to the regional-local scale but consistent with a general EU-wide approach. This effort is particularly important in a period of economic crisis, as an economic downturn generates high uncertainty about the future of economic systems, and consequently will determine the new winners and losers in a globalized world. An interesting picture of diverse and alternative post-crisis territorial development paths is provided for a case study of the Latin Arc countries (Spain, France and Italy) and the Latin Arc Provinces Network, running along the Western Mediterranean coast. Policy suggestions for the case study area are then built on the scenario results. Spatial Scenarios in a Global Perspective will strongly appeal to regional economists, economic geographers and policy makers as well as students in regional economics, geography and international business.
The book spans a scientific research program elegantly developed by Roberto Camagni, an eminent regional scientist, who has offered ground-breaking ideas in regional and urban economics throughout his academic career. In addition to bringing together a selection of Professor Camagni’s most influential works, the book presents syntheses and interpretations of his ideas by respected colleagues and by his students. In regional economics, space as territory, which plays an active role in innovation processes and in regional growth patterns; territorial capital as a synthetic concept of differentiated regional growth assets; and sources of regional competitiveness are only a few of the main ideas that emerged in regional economics thanks to this inspiring mind. In urban economics, he paved the way towards a new theoretical interpretation of the existence of the city and of its dynamics. His theory of city networks overcame the limits of Christaller’s and Lösch’s spatial approach to the city, with a solid economic conceptualization of spatial city network structures. All theories are accompanied by sound policy analysis, helping to contribute to the design and implementation of appropriate spatial policies at the European level.
'Global trends and local effects have been almost ubiquitous since the 1980s. However, few, like this book, have successfully examined the local effects of global trends and processes. Each of this book's ten chapters provides an empirically based analysis that illuminates the local effects driven by global forces.' – Roger Stough, George Mason University, US This timely book investigates the challenges that emerge for local economies when faced with the new globalization trends that characterize today's world economy. In this instance, globalization is interpreted as a process of internationalization of production and markets which can take various forms – such as increasing international trade or increasing foreign direct investments – all of which give rise to the growing integration and interdependency of European economies with regard to the other main world economies. the expert contributors use a fresh perspective in their analysis of globalization trends, emphasizing recent changes and providing an up-to-date picture of current developments in both foreign investments and the consequent migration of human capital. Qualitative rather than quantitative trends in human capital and financial capital flows are taken into account, with a particular focus on their impacts on regional growth perspectives. Highlighting the European economy's strengths and weaknesses in facing the challenges of the new globalization trends, this book will provide a stimulating read for a wide-ranging audience encompassing scholars of regional science, regional economics, economic and regional geography, international economics and international business.
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.
Regional economics – an established discipline for several decades – has undergone a period of rapid change in the last ten years resulting in the emergence of several new perspectives. At the same time the methodology of regional economics has also experienced some surprising developments. This fully revised and updated Handbook brings together contributions looking at new pathways in regional economics, written by many well-known international scholars. The aim is to present the most cutting-edge theories explaining regional growth and local development. The authors highlight the recent advances in theories, the normative potentialities of these theories and the cross-fertilization of ideas between regional and mainstream economists. It will be an essential source of reference and information for both scholars and students in the field.
We have, in recent decades, been able to witness a veritable revolution in the world economy, known as ‘globalization’. Generally, the term is connected to the rapid increase of the free movement of goods, capital, people, ideas, information and knowledge around the globe. This book contributes to the meso- and micro-economic literature on innovation and entrepreneurship in the global economy.
'Innovation, Global Change and Territorial Resilience is indeed a timely contribution addressing the challenges that the global economy poses for local, regional and national economies. In the current situation, resilience is instrumental and innovation is the key mechanism to get there. In this volume, an impressive line-up of international authorities in the field – from across Europe and beyond – present highly valuable insights, models and hypotheses on innovation dynamics and activities in current day economics, as well as policy analysis and advice.' – Anders Malmberg, Uppsala University, Sweden the critical message of this book is that in the current context of global change, local and national territories have to upgrade their resilience in terms of improving both their competitiveness and capability to innovate. Localized creativity, small high-tech entrepreneurship, related innovation platforms, social capital embedded in dynamically open territorial communities and context-specific though continuously upgrading policy platforms are all means to face new challenges and to promote increased absorptive capacity within local and national territories. the contributors illustrate that these capabilities are much needed in the current globalized economy as a path towards sustainability and for creating new opportunities for their inhabitants. They analyse the challenges and development prospects of local/regional production systems internally, across territories, and in terms of their potential and territorial connectivity which can help exploit opportunities for proactive policy actions. This is increasingly relevant in the current climate in which the balanced allocation of resources and opportunities, particularly for SMEs, cannot be expected as the automatic result of the working of the market. Exploring conceptual and methodological aspects, and documenting original accounts of innovative territories, this book will be of great interest to academics, students and researchers within the fields of economics, industrial organization, and technology and innovation.
'Charlie Karlsson, Börje Johansson and Roger R. Stough have collected a set of important articles on some of the most important factors determining the growth of contemporary regional economies. the focus of the book is on important growth determinants that are almost never mentioned in the standard analyses of economic growth. Entrepreneurship is discussed from theoretical as well as empirical points of view. the role of social capital as well as institutional governance are highlighted in chapters that ought to be read by all economists interested in the economic growth and development of regions.' – Åke E. Andersson, Jönköping International Business School, Jönköping, Sweden 'This is an exceptional work that is the result of an outstanding selection of the best papers on agglomeration and innovation given at the 10th anniversary of the Udevalla conference. It is the finest set of conference papers I have seen in the past 25 years. These are artfully woven together into three primary areas. the first focuses on the role of knowledge and innovation in entrepreneurship, the second incorporates the institutional environment, while the third looks at the international context. I recommend this collection to academics, students and all who are interested in the role of creativity and innovation in entrepreneurial development. Not only are these the very best researchers in the field, but the materials are presented in a clear and concise manner, making it an outstanding base for advanced courses in this area. This work combines some of the best writings by top-notch authors sharing the sharpest insight into the complex area of the role of human capital in structuring agglomerative advantages. I take my hat off to the fine editorial work represented in this volume.' – Kingsley E. Haynes, George Mason University, US 'The book provides a remarkable contribution on the role of human capital as major creator of knowledge, interpreted as abilities, capabilities, methods, creativity and persistency in identifying and solving problems by collecting, selecting, interpreting and applying existing knowledge and information. the laws of increasing returns to human capital – among which are urban agglomerations as magnets which attract persons who embody knowledge – are conceptually searched and empirically verified. the book answers questions such as: Why do highly educated people, i.e. the carriers of human capital, tend to concentrate in large agglomerations?; What are the agglomerative forces?; and How does this agglomeration of human capital impact different types of economic activities and in particular their location behaviour? Important normative implications are thus derived from such a collected effort.' – Roberta Capello, Politecnico di Milano, Italy 'The Regional Economics of Knowledge and Talent, edited by Charlie Karlsson, Börje Johansson and Roger R. Stough brings together a wide range of cutting-edge studies and research on the role of talent in regional development. It is an important addition to our understanding of how knowledge, human capital, and talent shape the development of cities and regions across the globe.' – Richard Florida, University of Toronto, Canada This original and instructive new book defines and explores the concept of knowledge as the talent, skills, know-how and understanding embodied in individuals. the distinguished contributors advance the current research frontier in three novel directions which focus on: the role of human capital and talent for creativity, entrepreneurship and regional development; the role of institutions for the behaviour of firms and entrepreneurs; and the influence of the global context on the location, export and innovation behaviour of firms in a knowledge economy. They also address critical questions that underpin the emerging knowledge economy: • Why does human capital and talent tend to agglomerate in large urban regions? • How does this agglomeration affect the location of different types of economic activities? • How does this agglomeration affect regional growth? Presenting the state of the art in the field of knowledge economics, this book will prove a stimulating and challenging read for scholars and researchers with an interest in economics, business and management, and regional and urban studies.
This impressive new book uniquely focuses on the phenomenon of media clusters and is designed to inform policymakers, scholars, and media practitioners about the underlying challenges of media firm agglomerations, their potential, and their effects. Including an array of distinguished contributors, this book explores the rationale and purpose of media clusters, how they compare with clusters in other industries, and the significant differences in characteristics, development processes and drivers among various media clusters worldwide. It incorporates perspectives from economic geography and economics, public development and industrial policy, organizational studies, entrepreneurship, as well as cultural and media studies, to provide a comprehensive view that provides critical insight into these clusters.
ÔThis book examines migration in a rapidly globalizing economy where it disrupts such relatively stable patterns as the trip to work, home, school and shopping on the one hand, and is itself transformed by continuously evolving information and telecommunications technology, declining relative transport cost and immigration policy dynamics. The perspective is global yet provides the reader with empirically based work representing Europe, North America and Asia, and international comparative studies of changing migration patternsÕ impact on trade and culture.Õ Ð Roger R. Stough, George Mason University, US During the last few decades the world has experienced an unprecedented level of cross-border migration. While this has generated significant socio-economic gains for host countries, as well as sometimes for the countries of origin, the costs and benefits involved are unevenly distributed. Consequently, growing global population mobility is a hotly debated topic, both in the political arena and by the general public. Amidst a plethora of facts, opinions and emotions, the assessment of migration impacts must be grounded in a solid scientific evidence base. This analytical book outlines and applies a range of the scientific methods that are currently available in migration impact assessment (MIA). The book provides various North American and European case studies that quantify socio-economic consequences of migration for host societies and for immigrants themselves. With up-to-date and broad coverage, this detailed study will appeal to academic researchers in the social sciences, policy analysts at national and international level, as well as graduate students in economics and regional science.