Three Essays on Innovation and Regional Economic Development

Three Essays on Innovation and Regional Economic Development PDF Author: Jon R. Shelton
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages : 0

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Book Description
The first essay develops a typology that identifies the multiple pathways, functions and operations where innovation can occur in a firm's internal business cycle based upon the extant literature that includes both technological and non-technological activities. This is an important step toward developing a comprehensive strategy for a regional economy and provides a common platform for the discussion of innovation among academics and practitioners. The typology adds to the existing knowledge of how innovation works in organizations by describing the pathways, business functions and operations in a firm's internal-business-process; the business strategies used to advance innovation to the market; and the market impact that innovation has in a regional economy. The typology is enhanced by the different threads of literature - innovation, technology, organization and marketing. The integrated approach allows academics and practitioners to understand how and where innovation occurs in firms and lays the foundation for robust metrics of the behavioral relationship between variables under study. The result is a set of assessment tools that permits diagnostics of the firm, industry, market and region. The second essay examines the relationship between innovation, emerging technologies, business firms' investment structure, and specialized types of private equity used to finance emerging technologies. A conceptual framework is developed for financial investment and a set of hypotheses tested for investment between Ohio and U.S. firms. Ohio firms take a different investing approach than U.S. firms when investing in a firm's stage of business development but are not significantly different when using specialized types of financing, investing in industry/technology niches, and investing in geographic markets. The third essay explores the role of innovation in business firms. The essay examines the reasons firms invest in innovation and then test the difference in the innovation behavior of firms. Descriptive analysis is performed in differences in the way firms engage in innovation, their preferred means of pursuing product innovation, and the reasons for engaging in product innovation. Hypotheses tests on the influence of innovation on firms' financial performance follows, as do the tests on differences in firms' contribution to the regional economy. The t-tests of the difference in means in six dimensions of economic impact performance confirm that innovative small to mid-sized firms have greater impacts on their regional economies than do their non-innovative peers.

Three Essays on Innovation and Regional Economic Development

Three Essays on Innovation and Regional Economic Development PDF Author: Jon R. Shelton
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages : 0

Get Book Here

Book Description
The first essay develops a typology that identifies the multiple pathways, functions and operations where innovation can occur in a firm's internal business cycle based upon the extant literature that includes both technological and non-technological activities. This is an important step toward developing a comprehensive strategy for a regional economy and provides a common platform for the discussion of innovation among academics and practitioners. The typology adds to the existing knowledge of how innovation works in organizations by describing the pathways, business functions and operations in a firm's internal-business-process; the business strategies used to advance innovation to the market; and the market impact that innovation has in a regional economy. The typology is enhanced by the different threads of literature - innovation, technology, organization and marketing. The integrated approach allows academics and practitioners to understand how and where innovation occurs in firms and lays the foundation for robust metrics of the behavioral relationship between variables under study. The result is a set of assessment tools that permits diagnostics of the firm, industry, market and region. The second essay examines the relationship between innovation, emerging technologies, business firms' investment structure, and specialized types of private equity used to finance emerging technologies. A conceptual framework is developed for financial investment and a set of hypotheses tested for investment between Ohio and U.S. firms. Ohio firms take a different investing approach than U.S. firms when investing in a firm's stage of business development but are not significantly different when using specialized types of financing, investing in industry/technology niches, and investing in geographic markets. The third essay explores the role of innovation in business firms. The essay examines the reasons firms invest in innovation and then test the difference in the innovation behavior of firms. Descriptive analysis is performed in differences in the way firms engage in innovation, their preferred means of pursuing product innovation, and the reasons for engaging in product innovation. Hypotheses tests on the influence of innovation on firms' financial performance follows, as do the tests on differences in firms' contribution to the regional economy. The t-tests of the difference in means in six dimensions of economic impact performance confirm that innovative small to mid-sized firms have greater impacts on their regional economies than do their non-innovative peers.

Three Essays On U.s. Regional Development And Economic Resilience

Three Essays On U.s. Regional Development And Economic Resilience PDF Author: Jiaochen Liang
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
In economic geography, there is a tendency to view regional economies as an inter-connected and endlessly evolving system. The way in which different sectors interact with each other in a region significantly influences the performance and future development of a local economy. This dissertation is comprised of three essays on U.S. regional economies, focusing on their resilience in the context of globalization as well as sector employment growth in recent decades. By investigating the impacts of entrepreneurship and industrial structure on the development and future pathways of a local economy, I seek to reveal details about the mechanisms of regional economic development and resilience from an evolutionary perspective. The first two essays are about regional resilience against trade shocks. Different from previous literature in this area, these two articles study economic resilience from a new perspective of evolutionary economic geography, which emphasizes the ability to reconfigure economic structure and develop new growth pathways. The first essay proposes several mechanisms through which entrepreneurs can help to mitigate adverse trade shocks. Empirical results confirm that the adverse marginal impacts of trade shocks on job losses are dampened in regions with higher self-employment rates. The second essay studies how a regional economy converts the adverse impacts of import competition into a stimulus for developing new growth pathways. It is found that regions experiencing greater import competition are more likely to attract new industry entrants, which in turn may offer new growth opportunities and counteract the direct losses from trade shocks. The third essay uses data on U.S. Commuting zones to investigate the heterogeneous impacts of industrial variety on the development of different sectors. The results suggest that industrial variety has a greater contribution to employment growth in two types of sectors: manufacturing industries that are technologically intensive, and geographically-agglomerated industries. This suggests the roles of industrial variety in contributing to growth are principally sector-based, and significantly depend on region-industry specific conditions.

Innovation, Networks, and Knowledge Spillovers

Innovation, Networks, and Knowledge Spillovers PDF Author: Manfred M. Fischer
Publisher: Springer Science & Business Media
ISBN: 3540359818
Category : Business & Economics
Languages : en
Pages : 268

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Book Description
This volume covers the topic of innovation in three sections, first demonstrating that processes of innovation and technological change are spatially differentiated, second examining the increasing importance of knowledge creation and diffusion, and third raising key issues related to the systems of innovation approach as a conceptual framwork for regional innovation analysis. Includes enlightening conceptual and empirical work on the issue of how knowledge spills over locally.

Regional Economic Development

Regional Economic Development PDF Author: Benjamin Higgins
Publisher: Routledge
ISBN: 1351594494
Category : Business & Economics
Languages : en
Pages : 407

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Book Description
Originally published in 1988. Leading international researchers in regional economic development have contributed an integrated set of chapters reviewing the whole field and taking stock of current thinking. The book is in honour of François Perroux, the father of regional development theory, whose contributions to two important concepts in economics – time and space – have been substantial. The book comprises five parts. Part one covers Perroux's work in general and on growth poles in particular. Part two deals with 'the politics of place', population and regional development, techniques for regional policy analysis and a neoclassical approach to regional economics. In part three the Canadian scene is reviewed at national and regional levels. In part four chapters on urban development, small and medium-size cities, and capital grants deal with the experiences of other countries. Part five concludes the book with a chapter on growth poles, optimal size of cities, and regional disparities and government intervention.

Development Studies in Regional Science

Development Studies in Regional Science PDF Author: Zhenhua Chen
Publisher: Springer Nature
ISBN: 9811514356
Category : Business & Economics
Languages : en
Pages : 568

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Book Description
This book examines major policy and planning issues in development studies from the regional science perspective. It investigates questions such as: “How are communities able to deal with uncertainties raised by conflicts, technology, and external shocks in the process of development?”; “How can nations achieve sustainable development in terms of resource allocation and management?”; and “How can developing countries improve their economic competitiveness while maintaining the objectives of equitable and coordinated growth among different regions?” using case studies that focus on different subfields, like infrastructure, environment, data science, sustainability and resilience. The book is organized in three parts. Part I clarifies fundamental issues regarding development studies and regional science in general, while Part II includes several case studies that address development-related opportunities and challenges with a focus on Asian countries. Lastly, Part III offers a global perspective and explores development experiences from countries throughout the world. Featuring contributions by leading academics and practitioners working at various organizations linked to international development, and including multidisciplinary analyses, the book appeals to students who are interested in development studies and regional science. It also offers planners and policymakers fresh insights into regional economic development.

Three Essays on Innovation and Research and Development

Three Essays on Innovation and Research and Development PDF Author: Wei Zhang
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Three Essays on Regional Economic Development and Local Determinants of Poverty

Three Essays on Regional Economic Development and Local Determinants of Poverty PDF Author: Denys Nizalov
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 272

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Essays on Regional Economic Development

Essays on Regional Economic Development PDF Author: Greg Coombs
Publisher: Wakefield Press
ISBN: 9781862545397
Category : Australia
Languages : en
Pages : 384

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Book Description
There is no doubt that globalisation is a major external influence on small regions. These essays show how small regions need not be passive players, swept away on the current of change - that there are actions that can be taken to navigate a path and ride the currents to prosperity.

Innovation Strategies in Interdependent States

Innovation Strategies in Interdependent States PDF Author: John De la Mothe
Publisher: Edward Elgar Publishing
ISBN: 9781781958742
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
Examining the issues facing smaller regions and countries, John de la Mothe explores how innovation, strategy and interdependence shape their performance, competition, and futures. Innovation and interdependence are central elements of advanced and advancing economies. In our globalized world, the production of knowledge is continually evolving. This is reflected in the design of institutions and in the results on the standards of living that are achieved and sustained. It also implies new forms of competition. Increasingly, smaller countries, regions and cities that do not fit into traditional theories of growth are becoming leaders in technology-intensive products and quick followers in innovative practices. Often heavily committed to large emerging economic markets (such as China and India) and political hegemons (such as Germany, Japan, and the United States), smaller nations, regions and cities are playing an almost unprecedented role in the shape of things to come. By examining the texture of the new economy, paths to constructing advantage, and aspects of the cultures that lead to the new economy, this book provides a valuable and essential guide to scholars, policymakers, strategists and students.

Economic Development Policy Making in Rust Belt Regions

Economic Development Policy Making in Rust Belt Regions PDF Author: Sarah V. Ficenec
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description