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By Charlie Karlsson, Borje Johansson, Roger R. Stough

ISBN-10: 1849809267

ISBN-13: 9781849809269

Neighborhood monetary improvement has skilled significant dynamism over fresh years. might be the main striking circumstances have been the increase of China and India to emergent kingdom prestige by way of the flip of the millennium. With time now for hindsight, this publication identifies a few of the key forces in 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 progress concept and coverage. the following, lecturers from throughout Europe, North the United States, Asia and Australia reflect on the position of agglomeration, clusters and entrepreneurship in nearby fiscal improvement inside of a world marketplace context.

The ebook provides sturdy conceptual and methodological contributions to the starting to be physique of data that extends those theoretical thoughts, and prescribes coverage and functional functions. suitable case experiences underpin the specific empirical analyses.

Academics, scholars, researchers and policymakers within the fields of entrepreneurship, local improvement and nearby 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. prepare dinner, I. Giannoccaro, L. Iandoli, H. Jeong, B. Johannson, C. Karlsson, ok. Kobayashi, S. Koster, A. Manduchi, E. Marchione, M. Markantoni, L. Naldi, okay. 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

Sample text

A study by High (2004) estimated that during the period from Differentials in endogenous regional employment growth in the US ­25 1990 to 1999 45 percent of the total value added in the manufacturing sector in the US was contributed by entrepreneurial manufacturing ­enterprises (that is, new growth ventures). Furthermore, work by Stough et al. (2002) created a conceptual entrepreneurial fountain model in which launched ventures go through the stages of entrepreneurial turbulence, idea development, resource development and acquisition, business plan, and capitalization.

The nature of the process by which this occurs is unclear and thus needs to be a topic for future research. 41 percent. 32 percent. Interpreting the finding on in-­person service workers contradicts expected opposite outcomes. One would expect endogenous growth to be positively correlated with rising regional incomes and thus endogenous growth because it implies that residents have a higher effective demand for personal services. If that is so, then it also implies that more individuals would start personal service firms.

The series of variables measuring the regional levels of human capital included7 the percentage of population over 25 with a bachelor’s degree in 2000 (BACH_00), the percentage of the population over 25 with a master’s degree or a professional degree in 2000 (EDUMP_00) and the percentage of population over 25 with a doctoral degree in 2000 (DOCT_00). 3 Independent variables II: market fit measures The second set of independent variables measuring the regional market fit for the US MSAs were intended to investigate the nature of regional industrial structure measured by location quotients for employment in three key sectors and shifts in occupational structure.

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Agglomeration, Clusters and Entrepreneurship: Studies in Regional Economic Development by Charlie Karlsson, Borje Johansson, Roger R. Stough


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