Globalization, International Spillovers and Sectoral Changes
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Globalization, International Spillovers and Sectoral Changes

Implications for Regions and Industries

Edited by Charlie Karlsson, Andreas P. Cornett and Tina Wallin

As a consequence of globalization, news, ideas and knowledge are moving quickly across national borders and generating international spillovers. So too, however, are economic and financial crises. Combining a variety of methods, concepts and interdisciplinary approaches, this book provides an in-depth examination of these structural changes and their impact. Assessing the implications of globalization for businesses and sectors, chapters focus on the interdependencies between different economic and political layers, and explore topics such as human capital, creativity, innovation, networks and collaboration.
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Chapter 7: Knowledge-based strategies and sources of growth in small and medium-sized cities: a lesson from the literature

Amjad Naveed

Abstract

The major contributions within the field of urban studies are biased towards large cities, and the effect of creativity and knowledge on the development of big metropolitan cities and regions have been emphasized. However, very few studies have recognized the available potential of small and medium-sized cities (SMSCs). This study identifies the key determinants (from existing literature) that are required to implement the knowledge-based strategies in SMSCs. Moreover, what are the important sources of growth in SMSCs? The findings of this study show that the role of local authorities, support from urban governments, community engagement, available endogenous resources, and amenities are the key factors that are required to implement the knowledge-based strategies in SMSCs. Furthermore, the creative workforce, entrepreneurship, innovation, technology and higher educational institutions are the important determinants of growth in SMSCs.

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