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Author: Mark Rembert
Publisher:
ISBN:
Category : Entrepreneurship
Languages : en
Pages : 139
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Book Description
The years following the Great Recession have been marred by several alarming economic trends. The slow recovery of employment, very low productivity growth, and historic lows in inter-regional migration and new firm creation all raise concerns about the dynamism of the US economy. Traditionally, recessions have been periods of intensified economic change, and at best these changes improve aggregate productivity through creative destruction. Yet, the changes that occurred during the Great Recession do not appear on the surface to have had beneficial effects. In this dissertation, I examine the US economy during the Great Recession and recovery from a regional perspective to bring new insights into the decline in US economy dynamisms.
Author: Mark Rembert
Publisher:
ISBN:
Category : Entrepreneurship
Languages : en
Pages : 139
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Book Description
The years following the Great Recession have been marred by several alarming economic trends. The slow recovery of employment, very low productivity growth, and historic lows in inter-regional migration and new firm creation all raise concerns about the dynamism of the US economy. Traditionally, recessions have been periods of intensified economic change, and at best these changes improve aggregate productivity through creative destruction. Yet, the changes that occurred during the Great Recession do not appear on the surface to have had beneficial effects. In this dissertation, I examine the US economy during the Great Recession and recovery from a regional perspective to bring new insights into the decline in US economy dynamisms.
Author: Hyejin Jung
Publisher:
ISBN:
Category : Entrepreneurship
Languages : en
Pages : 173
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Book Description
The purpose of this study is to examine whether entrepreneurship is an important factor of regional economic resilience. For this purpose, this study analyzes the regional economic resilience of the regions affected by Hurricanes Katrina and Rita in 2005 and the 2008-2009 economic recession. It is assumed that some regions in Alabama, Florida, Louisiana, Mississippi, and Texas where different types of disturbances occurred are effective research areas to examine the role of entrepreneurship in the recovery process.From the dynamic panel analysis, this study finds that entrepreneurship is positively related to employment and population growth in the affected regions. In line with previous studies showing that entrepreneurship can contribute to economic growth, this study adds to the extant literature on the role of entrepreneurship by considering external shocks. However, this study reveals that entrepreneurship does not significantly affect per capita income growth. It reflects that the effect of entrepreneurship can differ according to the measurement used. From the quasi-experimental analysis, regions with high entrepreneurial activities show higher levels of employment and population than regions with low entrepreneurial activities after natural disasters. When other regional economic structures and the effects of hurricanes are controlled, the difference in the levels of employment and population is explained by entrepreneurship. Once the national economic recessions begin, however, the difference between high and low entrepreneurship counties disappears. This reflects that the role of entrepreneurship can differ according to the attributes of disturbances. Based on the empirical results, this study demonstrates that entrepreneurship can be an important element of regional economic resilience. To be specific, its role is conspicuous in employment and population growth after natural disasters. Furthermore, this study contributes to previous studies by illustrating that the effects of entrepreneurship depend on measurement and disturbances. With regard to empirical finding, this study suggests several policy implications that can increase regional economic resilience.
Author: Reggiani, Aura
Publisher: Edward Elgar Publishing
ISBN: 1839100591
Category : Social Science
Languages : en
Pages : 640
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Book Description
This ground-breaking Handbook presents a state-of-the-art exploration of entropy, complexity and spatial dynamics from fundamental theoretical, empirical and methodological perspectives. It considers how foundational theories can contribute to new advances, including novel modeling and empirical insights at different sectoral, spatial and temporal scales.
Author: Gillian Bristow
Publisher: Edward Elgar Publishing
ISBN: 1785360868
Category : Social Science
Languages : en
Pages : 320
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Book Description
This Handbook provides a collection of high quality contributions on the state of the art in current debates around the concept of regional economic resilience. It provides critical contributions from leading authors in the field, and captures both key theoretical debates around the meaning of resilience, its conceptual framing and utility, as well as empirical interrogation of its key determinants in different international contexts.
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.
Author: Mirjana Radović – Marković
Publisher: Routledge
ISBN: 1000381056
Category : Business & Economics
Languages : en
Pages : 160
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Book Description
The crisis caused by COVID-19 poses a major challenge for the global economy and business. It has been a test for economic resilience, and how this crisis will affect business activities will be determined by their competitiveness. Only firms that have succeeded in reorienting and quickly adapting to the emerging crisis have continued without interruption in their operations, thus demonstrating their flexibility and high level of resilience. Research shows that companies driving the gig economy celebrate the benefits: flexibility, additional income, freedom and other various opportunities for workers. They require entrepreneurial digital skills that improve their competitiveness and benefit not only themselves but the economy as well. Therefore, digital competencies are becoming a significant resource and precondition for employment, and it is essential to promote digital entrepreneurial skills, introducing them into education programs through different forms of education. This book stresses and explores the importance of synergy between industry and virtual universities. Considering the importance of these issues, this book draws together literature on globalization and small and medium enterprise development and internationalization from disparate sources into a cohesive body of work, which traces the evolution of entrepreneurship and our understanding of the topic. It investigates the impact of digitalization on creating job opportunities in the labor market. Covering social, economic and psychological approaches to the most current topics, this book will be a useful framework to new theories and practices that are emerging to challenge conventional wisdom. It will be of interest to scholars, upper-level students, and researchers involved in the field of entrepreneurship.
Author: Christine Tamásy
Publisher:
ISBN: 9781315604435
Category : Entrepreneurship
Languages : en
Pages : 294
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Book Description
Author: Michael Fritsch
Publisher: Springer
ISBN: 9783319977812
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
This book offers a dynamic perspective on regional entrepreneurship, knowledge, innovation and economic growth, with a particular focus on the role that history and culture play. The authors provide comprehensive empirical analyses offering unique insights into the spatial patterns of long-term differences of regional self-employment, new business formation, cultures of entrepreneurship, innovation activities, and development. Policy implications from the analyses and a discussion of important avenues for future research complete this unique book combining history, culture, and entrepreneurship. This is a superb book with an original, historical take on entrepreneurship and regional development. It is a landmark study on Germany showing that regional levels of entrepreneurship are persistent and resilient, despite many disruptive shocks. Ron Boschma, Utrecht University, The Netherlands, and Stavanger University, Norway This book presents the distilled wisdom of two leading authorities on the link between entrepreneurship and economic prosperity at a regional level. Although its prime empirical focus is on Germany there are clear lessons for scholars and policy-makers in all high-income countries. David J Storey, University of Sussex, UK
Author: Harold Wolman
Publisher: Cornell University Press
ISBN: 1501709496
Category : Business & Economics
Languages : en
Pages : 278
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Book Description
This text analyses two different forms of economic adversity faced by urban regions - external shocks and chronic economic distress. It then examines whether and why some regions are resilient to these different forms of adversity while others are not.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264269231
Category :
Languages : en
Pages : 226
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Book Description
This publication focuses on business dynamics across eight countries (Belgium, Brazil, Canada, Costa Rica, Japan, New Zealand, Norway, United Kingdom) and over time, building upon the evidence collected in the framework of the OECD DynEmp project for 22 countries.
