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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Time, Space and Capital
New Horizons in Institutional and Evolutionary Economics
Åke E. Andersson and David Emanuel Andersson
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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.
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Geographies of Growth
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.
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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.
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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.
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Sustainable Innovation and Regional Development
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.
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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.
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- Elgar Research Reviews in Business
David Coen and Wyn Grant
This comprehensive research review identifies the key articles on relations between business and government from a variety of perspectives and disciplines. The editors have selected works that explore the themes of business and the state, organizing the firm for political action, managing government affairs, lobbying models, business governance and regulation, comparative business and political systems and internationaliastion and transanational business regulation.
With an original introduction by the editor, this research review is an essential resource for scholars, students and policymakers interested in political science, business studies and economics.
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Edited by Peter C.Y. Chow
Mega-regionalism in the Asia Pacific has led to the formation of several emerging trade blocs, including the Trans-Pacific Partnership. This book, in addition to the examination of trade policies in the region, offers a comprehensive analysis of ongoing developments such as the impact of new members on the incumbent TPP-12 and its spillover to third parties, as well an objective study of the crucial issues of liberalization of agriculture, pharmaceuticals, and intellectual property rights.
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- Elgar Research Reviews in Economics
Jason Potts
This timely research review explores the emerging concept of the economics of creative industries. Professor Potts analyses key papers authored by leading scholars in the field which cover the evolution and development of this new area of study. Topics addressed in this review include economic theory foundations, creative economic agents, contracts and organizations, creative industries dynamics and innovation, creative cities and clusters and digital new media and intellectual property.