Cover image for Controversies in local economic development : stories, stragies, solutions
Controversies in local economic development : stories, stragies, solutions
Title:
Controversies in local economic development : stories, stragies, solutions
Author:
Perry, Martin, 1956- author.
ISBN:
9780415489683
Physical Description:
xii, 257 pages ; 25 cm.
Series:
Regions and cities

Regions and cities.
Contents:
Participants in local economic controversy -- Can controversies be resolved? -- The controversies -- The nature of regional competitiveness -- Regional economic performance -- Regional absolute advantage -- Regional environments for competitive enterprise -- Benchmarking competitiveness -- Regional strategies -- Reflecting on regional competitiveness -- Conclusion -- Regional policy -- Local economic policy -- How to revive regional policy -- Conclusion -- The learning region -- Macro context for learning regions -- Micro context for learning regions -- Learning region varieties -- Evaluating the learning region -- Four areas where evidence exists -- Conclusion --

Industrial location trends -- Counting clusters -- Agglomeration economies -- Agglomeration without agglomeration economies -- Theory informed practice -- Conclusion -- The creative class and human capital theories of urban economic growth -- Critical reflections on the creative class -- Finding space for the creative class -- Conclusion -- Innovation and high growth enterprise -- Sector characteristics and new enterprise survival -- Implications for incubators -- Public knowledge and private enterprise -- Evaluating technology incubators -- Inside technology incubators -- Conclusion -- Incremental 'win-wins' -- Evidence of a business case -- What influences the business case? -- Eco-effective development -- Discussion -- Conclusion -- Learning from regional development.
Abstract:
Efforts to promote the economic development of individual localities engage the attention of academics, students and professionals. Many such analysts argue that competitive advantage can be fostered within local economies, complementing the advent of a more globalised economy. Intensified efforts to build new economic foundations show no sign of abating despite the apparent increase in the international mobility of businesses and employment. Where once local economic development comprised mainly efforts to redistribute employment among regions within a national economy, in recent decades a large diversification in the tools and strategies promoted to local economic development officials has taken place. Benchmarking regional competitiveness, building a learning economy, supporting enterprise clusters, incubating high-tech enterprise, creating an environment appealing to the creative class and promoting eco-industrial development are among the aspirations frequently now informing local economic plans. --

Unpicking the arguments supporting different strategies for promoting local economic development, Controversies in Local Economic Development is an introductory guide to some of the major ideas and policy tools that have influenced academic debate and development practice. Taking the view that economic processes are mechanisms that promote desired outcomes only in particular contexts, the book asks questions of both academic debates and the prescriptions of policy experts. --

Designed to encourage a search for evidence rather than offering a set of policy solutions, this work nevertheless offers more than a critique of existing ideas. In place of the slavish replication of perceived best practice derived from exemplar economies, policy makers are challenged to think critically about the lessons to be applied from local economic development experiences. As an original and worthy contribution to the academic debate in this field, this work will prove invaluable to postgraduates and economic development professionals alike. --Book Jacket.
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