By David Audretsch, Mary Walshok, Mary Lindenstein Walshok
Even though competitiveness is sometimes linked to organisations, they don't seem to be the one organizational physique whose functionality relies on competitiveness. This poignant insightful e-book makes a speciality of how the various monetary functionality of towns and areas, either inside countries in addition to throughout countries, throughout the period of the nice Recession additionally highlights the necessity for competitiveness.
Competitive towns and areas take pleasure in an excellent monetary functionality, whereas their much less aggressive opposite numbers event poorer monetary progress and extending unemployment.
Using best frameworks, this research presents functions and case reviews approximately what shapes the competitiveness of areas in a world context. particular rules that improve neighborhood competitiveness are pointed out and analyzed.
Scholars of nearby economics, city economics, city making plans and public coverage in addition to policymakers will locate lots of worthwhile info during this invigorating book.
Contributors include: T. Andersson, R.D. Atkinson, D.B. Audretsch, S.M. Breznitz, D.P. Leyden, A.N. hyperlink, G.A. McDermott, N. Ram, S. Shivakumar, D.S. Siegel, M.L. Walshok, C.W. Wessner, D.A. Wolfe
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Additional resources for Creating Competitiveness: Entrepreneurship and Innovation Policies for Growth
In short, the new economic development model recognizes the fundamental insight that both innovation and entrepreneurship are key, and that both take place in the context of institutions. This means that the new economic development focuses much more extensively on promoting technological innovation, supporting dynamic acquisition of workforce skills, spurring entrepreneurship, supporting industry cluster and knowledge networks, and lowering business costs, but in ways that, at the same time, boost quality of life.
Innovation’s demand for constant renewal holds true at both the firm level and economy level. At the firm level, research by Carl Franklin and Larry Keeley suggests that firms that do not replace at least 10 percent of their revenue stream annually with new products or services are likely to be out of business within five years (Keeley, 2003). The emergence of IT has only accelerated this dynamic, across both IT-producing and IT-consuming industries. As Brynjolfsson writes, ‘We see much greater turbulence and volatility in the information industries, reflecting the gale of creative destruction that inevitably accompanies disruptive innovation’ (Brynjolfsson and Saunders, 2009, p.
Safford, S. (2009), Why the Garden Club Couldn’t Save Youngstown: The Transformation of the Rust Belt, Cambridge, MA and London, England: Harvard University Press. J. and M. Ernste and V. Meier (eds), Regional Development and Contemporary Industrial Response: Extending Flexible Specialisation, London and New York: Belhaven Press, pp. 3–24. , J. W. Soja and M. J. ), Global City-Regions: Trends, Theory, Policy, Oxford and New York: Oxford University Press, pp. 11–30. Simmie, J. (2002), ‘Trading places: competitive cities in the global economy’, European Planning Studies, 10 (2), 201–14.
Creating Competitiveness: Entrepreneurship and Innovation Policies for Growth by David Audretsch, Mary Walshok, Mary Lindenstein Walshok