In this challenging book, the authors demonstrate that economists tend to misunderstand capital. Frank Knight was an exception, as he argued that because all resources are more or less durable and have uncertain future uses they can consequently be classed as capital. Thus, capital rather than labor is the real source of creativity, innovation, and accumulation. But capital is also a phenomenon in time and in space. Offering a new and path-breaking theory, they show how durable capital with large spatial domains — infrastructural capital such as institutions, public knowledge, and networks — can help explain the long-term development of cities and nations.
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New Horizons in Institutional and Evolutionary Economics
Åke E. Andersson and David Emanuel Andersson
Edited by Thijs ten Raa
In this authoritative Handbook, leading experts from international statistical offices and universities explain in detail the treatment and role of input-output statistics in the System of National Accounts. Furthermore, they address the derivation of input-output coefficients for the purpose of economic and environmental modeling, the building of applied general equilibrium models, the use of these models for efficiency analysis, and the extensions to stochastic and dynamic input-output analysis. As well as revealing and exploring the theoretical foundations, the Handbook also acts as a useful guide for practitioners.
Innovations, Networks and Collaborations
Edited by Charlie Karlsson, Martin Andersson and Lina Bjerke
Today we can observe an increasing spatial divide as some large urban regions and many more medium-sized and small regions face growing problems such as decreasing labour demand, increasing unemployment and an ageing population. In view of these trends, this book offers a better understanding of the general characteristics and specific drivers of the geographies of growth. It shows how these may vary in different spatial contexts, how hurdles and barriers to growth in different types of regions can be dealt with, how and to what extent resources in different areas can develop, and how the potential of these resources to stimulate growth can be realized.
An International Perspective
Edited by Jonathan Corcoran and Alessandra Faggian
This book aims to integrate and augment current state-of-the-art knowledge on graduate migration and its role in local economic development. Comprising the key scholars working in the field, it draws together an international series of case studies on graduate migration, a recognised critical component of the global pool of labour. Each chapter describes empirically founded approaches to examining the role and characteristics of graduate migration in differing situational contexts, highlighting issues concerning government policy, data and methods.
Edited by Dirk Fornahl and Robert Hassink
One-size-fits-all cluster policies have been rightly criticized in the literature. One promising approach is to focus cluster policies on the specific needs of firms depending on the stage of development (emergence, growth, sustainment or decline) their cluster is in. In this highly insightful book, these stage-specific cluster policies are analysed and evaluated. Moreover, several chapters also focus on smart specialization policies to promote regional development by taking into account the emergence and adaptation of clusters and industries.
Temporary Labor Mobility and the Canada–US Border Region
Kathrine E. Richardson
Key sections of the North American Free Trade Agreement (NAFTA) deal with temporary labor mobility. Ideally, NAFTA status provisions should make the temporary movement of professionals easier across the border of all NAFTA countries. However, in the case of some key sectors, it is arguably not the case. Within the context of recent literature on cross-border trade, city regions, regionalism, international labor mobility, and post-September 11 security measures, this book probes the dynamics of transitory immigration of ‘knowledge-workers’ between the North American west coast city regions of Vancouver, Seattle, and the greater San Francisco Bay and Silicon Valley area. This book includes in-depth interviews with Canadian and US immigration officials, immigration attorneys and executives and professional staff of new technology firms and Fortune 500 companies. It ultimately explores whether or not the Canada–US border is an impediment to the development of a cross-border high-tech clusters.
Contemporary Theories and Perspectives on Economic Development
Edited by Robert Huggins and Piers Thompson
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.
Rethinking Innovative Milieus
Edited by Leïla Kebir, Olivier Crevoisier, Pedro Costa and Véronique Peyrache-Gadeau
This book questions the way contemporary innovation processes develop and become embedded in territories. It analyses recent developments in territorial systems of production, networks of innovation and innovative milieus, with regard to the issue of sustainable development. Drawing on 12 case studies aimed at fostering sustainable development and conducted by an experienced team of international scholars, a new conceptual approach to sustainable innovation is proposed. More broadly, it also reassesses the development models proposed in the 1980s that emerged in the context of globalization, competitiveness and technological innovation.
Edited by Hans Westlund and Johan P. Larsson
The role of social capital in regional development is a multifaceted topic which is studied all over the world using various methods and across numerous disciplines. It has long been evident that social capital is important for regional development, however, it is less clear how this works in practice. Do all types of social capital have the same effects and are different kinds of regions impacted in the same way? This book is the first to offer an overview of this rapidly expanding field of research and to thoroughly analyse the complex issue of social capital and regional development.
Edited by David Smallbone, Markku Virtanen and Arnis Sauka
Entrepreneurship and innovation are arguably the main drivers of economic development today. This book explores the two in depth, at both the national and regional levels, using a variety of methodologies. The expert contributors discuss the subject from a policy perspective, with case studies from a host of countries including new member states of the EU as well as established EU member states. Split into three parts, the book focuses on: innovation, entrepreneurial activity and regional development, and entrepreneurship and SME policy.