Research Handbooks in Business and Management series
Edited by John R. Bryson, Jennifer Clark and Vida Vanchan
Chapter 26: National manufacturing policy, local real estate markets and the missing region: prospects for urban industrial development in the U.S.
Manufacturing policy and urban and regional policy coexist uncomfortably in the United States. Although many industrialized nations coordinate federal-level technology and innovation strategies with expressly place-based investments in the commercialization of basic research – and, concomitantly, with support for regional networks of small and medium-sized manufacturers – such mechanisms have not been a prominent feature of U.S. policy (Clark 2010). As a result, attempts to connect economic development strategy with economic geographers’ knowledge about place-based innovation often falter. Descriptions and typologies of “learning regions,” regional innovation networks and spatially rooted industry clusters are reasonably straightforward. But translating that knowledge into effective, implementable policy for manufacturing development is not straightforward, because there is neither a strong federal government leading regional policy from the top down nor a framework for autonomous regional governance of any sort.
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