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What is meant by the regional concept of a cluster? What are strengths and weaknesses of regional economic policy based upon creation and development of clusters?

What is meant by the regional concept of a cluster? What are strengths and weaknesses of regional economic policy based upon creation and development of clusters? PDF Author: Peter Tilman Schuessler
Publisher: GRIN Verlag
ISBN: 3638157458
Category : Business & Economics
Languages : en
Pages : 15

Book Description
Essay from the year 2002 in the subject Economics - Micro-economics, grade: 16 of 20, University of St Andrews (Economics Department), course: Regional Economics, language: English, abstract: Clusters can be motors for regions. They are supposed to reduce unemployment, ensure growth and wealth. This essay will discuss the question critically whether regional economic policy is able to create and enforce those new industrial districts. The limited extent of this text forces us to describe the topic nearly without examples; it is also not possible to mention all theoretical approaches in depths, it was rather just necessary to combine different ideas (e.g. in the definition part). It will be shown that there is still a lot of academic work to be done until the phenomenon of regional cluster will be utterly understood. Nevertheless it will become clear that the strength of the policy is that there are many possibilities to affect the growth and evolution of clusters. Yet, most of them have several weaknesses to be thought of. Due to the fact that most clusters have been created or came into existence throughout decades, a change in policy makers` minds will be necessary. They have to accept that building up successful clusters is not possible within a short term perspective.

What is meant by the regional concept of a cluster? What are strengths and weaknesses of regional economic policy based upon creation and development of clusters?

What is meant by the regional concept of a cluster? What are strengths and weaknesses of regional economic policy based upon creation and development of clusters? PDF Author: Peter Tilman Schuessler
Publisher: GRIN Verlag
ISBN: 3638157458
Category : Business & Economics
Languages : en
Pages : 15

Book Description
Essay from the year 2002 in the subject Economics - Micro-economics, grade: 16 of 20, University of St Andrews (Economics Department), course: Regional Economics, language: English, abstract: Clusters can be motors for regions. They are supposed to reduce unemployment, ensure growth and wealth. This essay will discuss the question critically whether regional economic policy is able to create and enforce those new industrial districts. The limited extent of this text forces us to describe the topic nearly without examples; it is also not possible to mention all theoretical approaches in depths, it was rather just necessary to combine different ideas (e.g. in the definition part). It will be shown that there is still a lot of academic work to be done until the phenomenon of regional cluster will be utterly understood. Nevertheless it will become clear that the strength of the policy is that there are many possibilities to affect the growth and evolution of clusters. Yet, most of them have several weaknesses to be thought of. Due to the fact that most clusters have been created or came into existence throughout decades, a change in policy makers` minds will be necessary. They have to accept that building up successful clusters is not possible within a short term perspective.

Regional Competitiveness

Regional Competitiveness PDF Author: Ron Martin
Publisher: Routledge
ISBN: 1136012540
Category : Business & Economics
Languages : en
Pages : 178

Book Description
There is now a wide spread interest in regions as a key focus in the organization and governance of economic growth and wealth creation. This important book considers the factors that influence and shape the competitive performance of regions. This is not just an issue of academic interest and debate, but also of increasing policy deliberation and action. However, as the readings in this book make clear, the very idea of regional competitiveness is itself complex and contentious. Many academics and policy makers have used the concept without fully considering what is meant by the term and how it can be measured. Policy formulation has tended to rush ahead of understanding and analysis, and the purpose of this book is to close this important gap in understanding. This book was previously published as a special issue of Regional Studies.

Clusters and Regional Development

Clusters and Regional Development PDF Author: Bjorn Asheim
Publisher: Routledge
ISBN: 1134273592
Category : Business & Economics
Languages : en
Pages : 371

Book Description
Using international examples, leading scholars present the first critical analysis of cluster theory, assessing the cluster notion and drawing out, not only its undoubted strengths and attractions, but also its weaknesses and limitations. Over the past decade the ‘cluster model’ has been seized on as a tool for promoting competitiveness, innovation and growth on local, regional and national scales. However, despite its popularity there is much about it that is problematic, and in some respects the rush to employ ‘cluster ideas’ has run ahead of many fundamental conceptual, theoretical and empirical questions. Addressing key questions on the nature, use and effectiveness of cluster models, Clusters and Regional Development provides the missing thorough theoretical and empirical evaluation.

The Economics of Regional Clusters

The Economics of Regional Clusters PDF Author: Uwe Blien
Publisher: Edward Elgar Publishing
ISBN: 9781782542568
Category : Business & Economics
Languages : en
Pages : 328

Book Description
This important new book takes a critical view on regional industry clusters, in particular their identification and formation, and the policies which help create and support them.

Productivity and Jobs in a Globalised World (How) Can All Regions Benefit?

Productivity and Jobs in a Globalised World (How) Can All Regions Benefit? PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264293132
Category :
Languages : en
Pages : 188

Book Description
This report looks at how regional policies can support productivity growth and jobs. While there has been a remarkable decline in inequality in OECD countries, inequality among regions within certain countries has increased over the same time period. Regions that narrowed productivity gaps ...

Boosting Innovation The Cluster Approach

Boosting Innovation The Cluster Approach PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264174397
Category :
Languages : en
Pages : 428

Book Description
This book shows how technology policy makers in OECD countries are making practical use of the concept of clusters and suggests how government policies to foster innovation might best be refocused.

Rising to the Challenge

Rising to the Challenge PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309255511
Category : Technology & Engineering
Languages : en
Pages : 598

Book Description
America's position as the source of much of the world's global innovation has been the foundation of its economic vitality and military power in the post-war. No longer is U.S. pre-eminence assured as a place to turn laboratory discoveries into new commercial products, companies, industries, and high-paying jobs. As the pillars of the U.S. innovation system erode through wavering financial and policy support, the rest of the world is racing to improve its capacity to generate new technologies and products, attract and grow existing industries, and build positions in the high technology industries of tomorrow. Rising to the Challenge: U.S. Innovation Policy for Global Economy emphasizes the importance of sustaining global leadership in the commercialization of innovation which is vital to America's security, its role as a world power, and the welfare of its people. The second decade of the 21st century is witnessing the rise of a global competition that is based on innovative advantage. To this end, both advanced as well as emerging nations are developing and pursuing policies and programs that are in many cases less constrained by ideological limitations on the role of government and the concept of free market economics. The rapid transformation of the global innovation landscape presents tremendous challenges as well as important opportunities for the United States. This report argues that far more vigorous attention be paid to capturing the outputs of innovation - the commercial products, the industries, and particularly high-quality jobs to restore full employment. America's economic and national security future depends on our succeeding in this endeavor.

Knowledge and the Economy

Knowledge and the Economy PDF Author: Peter Meusburger
Publisher: Springer Science & Business Media
ISBN: 9400761317
Category : Science
Languages : en
Pages : 286

Book Description
The broad spectrum of topics surrounding what is termed the ‘knowledge economy’ has attracted increasing attention from the scientific community in recent years. The nature of knowledge-intensive industries, the spatiality of knowledge, the role of proximity and distance in generating functional knowledge, the transfer of knowledge via networks, and the complex interplay between knowledge, location and economic development are all live academic issues. This book, the fifth volume in Springer’s Knowledge and Space series, focuses on the last of these: the multiple relationships between knowledge, the economy, and space. It reflects the conceptual and methodological multidisciplinarity emerging from this scholarship, yet where there has up to now been a notable lack of communication between some of the contributing disciplines, resulting in lexical and other confusions, this volume brings concord and to foster interdisciplinarity. These complications have been especially evident in our understanding of the spatiality of knowledge, the part that spatial contexts play in knowledge creation and diffusion, and the relevance of face-to-face contacts, all of which are addressed in these pages. The material here is grouped into four sections—knowledge creation and economy, knowledge and economic development, knowledge and networks, and knowledge and clusters. It assembles new concepts and original empirical research from geography, economics, sociology, international business relations, and management. The book addresses a varied audience interested in the historical and spatial foundations of the knowledge economy and is intended to bridge some of the gaps between the differing approaches to research on knowledge, the economy, and space.

Economic Development from the State and Local Perspective

Economic Development from the State and Local Perspective PDF Author: D. Robinson
Publisher: Springer
ISBN: 1137317493
Category : Political Science
Languages : en
Pages : 340

Book Description
This definitive work mixes case law, public policy, economic strategy, and examines the wide range of issues facing efforts to improve the American economy, to illustrate how economic growth is driven through strong public-private partnerships, and how successful growth strategies from the state and local level operate to grow jobs.

Theories of Endogenous Regional Growth

Theories of Endogenous Regional Growth PDF Author: Börje Johansson
Publisher: Springer Science & Business Media
ISBN: 3642595707
Category : Business & Economics
Languages : en
Pages : 431

Book Description
During the last two decades a new growth theory has emerged - often labelled "endogenous economic growth". The contributions in the book develop these advances into a theoretical framework for endogenous regional economic growth and explain the implications for regional economic policies in the perspective of the new century. Endogenous growth models can reflect increasing returns and hence refer more adequately to empirical observations than earlier models, and the models become policy relevant, because in endogenous growth models policy matters. Such policies comprise efforts to stimulate the growth of knowledge intensity of the labour supply and knowledge production in the form of R&D.