Economic Strategies for Mature Industrial Economies

Economic Strategies for Mature Industrial Economies

Edited by Peter Karl Kresl

The global economy has transformed during the last few decades. Though the changes have benefited some, many mature industrial economies have not been treated well by the changes they have seen and have been forced to adapt to dramatically altered circumstances. In this collection of original papers, economists and geographers from Asia, North America and Europe examine the policy initiatives that have succeeded in their countries.

Chapter 3: Montreal’s Technological and Cultural Clusters Strategy: The Case of the Multimedia, and Film and Audiovisual Production

Diane-Gabrielle Tremblay

Subjects: economics and finance, regional economics, urban and regional studies, cities, regional economics, urban economics


Diane-Gabrielle Tremblay INTRODUCTION Metropolitan Montreal is witnessing economic renewal. In the past, Montreal’s economy flourished on traditional manufacturing activities and today the economy has successfully shifted in the direction of knowledge and innovation, after a certain number of years and various programs oriented towards the new sectors. According to PricewaterhouseCoopers (2000), the Montreal region ranks fourth among North American cities for hi-tech employment per capita, behind San Francisco (including Silicon Valley), Seattle (with Boeing and Microsoft) and Boston. In the Canadian aeronautics sector 70 per cent of R&D is done in Montreal and 60 per cent of employment is in Montreal. The IT and multimedia sectors have also contributed to Montreal’s economic industrial and territorial reconversion, especially in the aftermath of the dispirited 1980s crisis. Multimedia typically belongs with Montreal’s hi-tech sectors on the same footing as aerospace, telecommunications and biopharmaceuticals.1 Montreal’s multimedia sector is still relatively young, even if the gaming industry has become quite well known. It appeared in the 1990s with the expansion of the Internet and not until the mid-1990s could it be identified as such. Its specific contribution to innovation and territorial reconversion was then observable in Montreal and to some extent in Quebec City (Manzagol et al. 1999; Tremblay and Rousseau 2005; Tremblay et al. 2004). In more recent years, the film and visual effects sectors have also gained attention in the creative high-technology sectors. The ascent of the multimedia sector fostered other advances as well. As concerns urbanism, the thrust fostered the...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information