Is the 'natural resource curse' destiny? Are different ways to link natural resources and economic development? Using two particular regions as case studies, this edited collection examines the divergent development paths of natural resource rich countries over the past two centuries. Bolivia, Chile and Peru are neighbour states with a common history and are globally known by their mining endowments. Norway and Sweden have also a strong common history, and different natural resource endowments (forestry, mining and fishing) are essential to understand their current economic success. By comparing natural resource management in the long run in these two divergent regions, this book can help rethink how developing countries can better take advantage of their natural resource endowments. Specifically, the book examines the interaction between natural resources and different key determinants of long-term development: trade, fiscal policy, sustainability, human capital accumulation and business strategies.

This contributed volume applies spatial and space-time econometric methods to spatial interaction modeling. The first part of the book addresses general cutting-edge methodological questions in spatial econometric interaction modeling, which concern aspects such as coefficient interpretation, constrained estimation, and scale effects. The second part deals with technical solutions to particular estimation issues, such as intraregional flows, Bayesian PPML and VAR estimation. The final part presents a number of empirical applications, ranging from interregional tourism competition and domestic trade to space-time migration modeling and residential relocation.

Arab entrepreneurs in Israel form part of a traditional, yet peripheral, ethnic minority attempting to integrate into Israel's larger economy. This study, based on extensive fieldwork, focuses on the obstacles that these Arab entrepreneurs and new industrialists must overcome in their development towards industrialization. The research exposes a highly flexible entrepreneurial culture making use of a limited set of opportunities and resources. The work makes a strong contribution to comparative cross-cultural research and theoretical formulations on issues of ethnic entrepreneurship.

When we talk about clusters, it's the fabulous destiny of Silicon Valley that first comes to mind - the place where entrepreneurs and policymakers alike flock. But do we really understand the complex mechanics of these clusters? What tools can economics and other related disciplines use to analyze their performance? When it comes to spending taxpayer money to support cluster development, do benefits actually exceed costs? This book provides a synthesis of cluster theory and presents methodologies to analyze their structure and performance. It also contains insights into how to renew regional innovation policy. The French edition of this volume was granted Best Book in Economics 2016 by The French Association of Economics (AFSE)

As a legacy of the socialist state with central planning, Five-Year Planning (FYP) is very important in regulating socio-economic and spatial development even in post-reform China. This book tries to fill the research gap between examining the role of FYP and how spatial elements in the FYP mechanism have operated and transformed in spatial regulatory practices in transitional China. By building a conceptual framework and studying two empirical cases at different spatial scales, with the help of both qualitative and quantitative methods, it helps to understand various stakeholders, institutions and planning administrations, mechanisms of articulating spatial planning into the FYP system and the effectiveness of spatial planning in solving place-specific governance issues in urban and regional China.

This book argues that the theory of sustainable development lost some of its rigor because of two main reasons. The first manifests itself as an inflation of concepts that hampers the correct understanding of sustainability's essence. The second one consists of a departure from the traditional scientific sources of the classicists and, in part, neoclassicists. Exploiting relevant areas of their works, the authors outline the theoretical framework necessary to promote a healthy version of sustainability. Of utmost interest prove to be areas such as: the formation process of natural prices and natural rate of interest; placing growth before employment and placing production before distribution, consumption, and social justice. The main idea of the book consists of a call for breaking away from the impure forms of the theory of sustainable development and its reconstruction through the reconciliation with the laws of healthy growth as they are highlighted in the works of the founders. The authors make the case for an approach to sustainable development that is holistic, macroeconomic, and institutionalist, where social, ecological, and economic components are reconciled. This work presents a fresh perspective in the context of current works on sustainability, serving as an accessible research resource and public policy decision guide.

The geography of innovation is changing. Firstly, it is increasingly understood that innovative firms and organizations exhibit a wide variety of strategies, each differently attuned to diverse geographic contexts. Secondly, and concomitantly, the idea that cities, clusters and physical proximity are essential for innovation is evolving under the weight of new theorizing and empirical evidence. The aim of this handbook is to break with the many ideas and concepts that emerged during the course of the 1980s and 1990s, and to fully take into account the new reality of the internet, mobile communication technologies, personal mobility and globalization. The handbook gathers a new generation of ideas and authors to contribute to the debate, providing an empirically grounded critical appraisal of the prevailing knowledge on the geography of innovation. The 28 original chapters, written by a diverse range of scholars with widely differing views, present fresh empirical evidence and new perspectives relating to how innovation plays out across space in an age where mobility has increased, information is ubiquitous and globalisation has been realised. Overall, the dialogue between existing theory and new possibilities provides a unique and challenging appraisal of the connection between innovation, agglomeration and space. Offering cutting edge ideas in an accessible format, this will be an ideal resource for students and scholars of economic geography and innovation studies. The empirical evidence and analysis will also be of great value for policymakers and government officials. Contributors include: B.T. Asheim, H.W. Aslesen, A. Bain, P.-A. Balland, N. Bradford, A. Bramwell, C. Brennan-Horley, S. Breschi, C. Carraincazeaux, C. Chaminade, R. Comunian, C. De Fuentes, D. Doloreux, D. Eckert, A. Faggian, M. Ferru, R.D. Fitjar, K. Flanagan, C. Gibson, M. Grillitsch, M. Grossetti, G. Harirchi, F. Huber, A. Isaksen, S. Jewel, J. Karlsen, N. Komninos, J.-L. Klein, N. Lee, F. Lissoni, M. Maisonobe, J. Mattes, P. McCann, C.T. Noumedem, R. Ortega-Argiles, M. Plechero, A. Rallet, A. Rodriguez-Pose, R. Shearmur, H.L. Smith, B. Spigel, J. Tallec, E. Tranos, D.-G. Tremblay, F. Toedtling, M. Trippl, E. Uyarra, C. Yang, C. Wilkie, D.A. Wolfe

This wide-ranging Handbook is the first major compilation of the theoretical and empirical research that is forging the new and exciting paradigm of evolutionary economic geography. The book's distinguished contributors set out the theoretical, methodological and empirical foundations of an evolutionary perspective on the economic landscape. In so doing, they explore the interplay between organizational dynamics, industrial dynamics and space; analyze the nature and spatial evolution of networks; address the evolution of institutions in territorial contexts; and explore the evolution of agglomerations and clusters. This original reference work will undoubtedly play an important and formative role in influencing the future research agenda of evolutionary economic geography. It will strongly appeal to scholars, researchers and students in economic geography, regional economics, evolutionary economics, industrial economics, management and organizational studies, and related fields. Contributors: C. Antonelli, R. Boschma, G. Bottazzi, S. Breschi, U. Cantner, G. Cioccarelli, P. Cooke, M.S. Dahl, B. Dalum, C. de Laurentis, S. Denicolai, P. Dindo, J. Essletzbichler, L. Fleming, K. Frenken, E. Giuliani, J. Gluckler, H. Graf, R. Hassink, S. Iammarino, J. Lambooy, C. Lenzi, F. Lissoni, A. Malmberg, R. Martin, P. Maskell, P. McCann, C.R. Ostergaard, D.L. Rigby, J.W. Rivkin, E.W. Schamp, J. Simmie, O. Sorenson, U. Staber, E. Stam, S. Strambach, P. Sunley, A. Vezzulli, A. Zucchella

This book analyzes a broad variety of tourism products in China, Asia and Europe that employ both cutting-edge IT technologies and advanced methodologies. These products are cultural tourism, recreational tourism, sport tourism, adventure tourism, medical tourism and more. Authors from different areas contributed to the book, including academic researchers, graduate students, government administrators and industry practitioners. The book covers the entire chain of tourism product business processes: product development and improvement, tourist behavior analysis, marketing and sales, customer service, etc. In addition, it addresses related issues such as tourism sustainability, policymaking, environmental protection and human resource development. Big data processing, data mining, visual content analysis and textural content analysis, semantic nets and sentiment analysis are among the cutting-edge technological tools used to study tourism product development here. The book gathers selected papers from the 9th International Conference on Tourism and Hospitality between China and Spain (www.china-spain.org) with participants from 18 countries. Though the book is mainly intended for researchers and policymakers, it will also appeal to a wider audience, due to its first-hand content, insightful analysis and broad geographic coverage.

The geography of networks and R&D collaborations, in particular the spatial dimension of interactions between organisations performing joint R&D, have attracted a burst of attention in the last decade, both in the scientific study of the networks and in the policy sector. The volume is intended to bring together a selection of articles providing novel theoretical and empirical insights into the geographical dynamics of such networks and R&D collaborations, using new, systematic data sources and employing cutting-edge spatial analysis and spatial econometric techniques. It comprises a section on analytic advances and methodology and two thematic sections on structure and spatial characteristics of R&D networks and the impact of R&D networks and policy implications. The edited volume provides a collection of high-level research contributions with an aim to contribute to the recent debate in economic geography and regional science on how the structure of formal and informal networks modifies and influences the spatial and temporal diffusion of knowledge.

This book provides perspectives on depopulated areas and regional social capital from positivistic field surveys. Among the developed countries of the world, Japan has a very small amount of national land, with almost 70% of it being in mountainous locations. Concentration of populations and economic capital into large metropolitan areas along with many depopulated and population-aged regions in the mountainous parts can be seen in the country. A very clear regional disparity has arisen in Japan, especially since the era of its high economic growth. This book also offers critical suggestions for the shrinking societies of the developed world in the era of Society 5.0, the fifth stage of society where economic development is achieved and social issues are resolved by the fusion of cyber and physical space. To begin, the book refers to an outline of depopulation and depopulated areas in Japan. Then, it deals with issues of depopulation, out-migration from a mountainous village, revitalization of local industries, and maintenance of daily living functions in these areas. This book is suitable for students and scholars of the social sciences, regional planners, staffs of government offices, members of NPOs, general citizens, and the many other people who are interested in sustainability of a region and a community in a shrinking social environment.

This book investigates the less-explored dimensions of how industries in different Indian subnational spaces or states have responded to the growing phenomenon of internationalization. What factors have influenced firms participating in global business? Have state (both central and provincial) policies acted as catalyst for local firms? Not only does this study delve into these issues; it also painstakingly develops a comprehensive database that remains unique in the absence of reliable official statistics on this subject to date. Efforts have been made to establish a reasonably consistent dataset for the period 1990-2008 derived from the CMIE-PROWESS database. Care has been taken to condense the data and classify it by sector, location, size and ownership. The study delineates export patterns by firm and state and explores factors influencing export decisions according to sector, size and location. A further interesting aspect is the book's critical examination of industrial and trade promotion policies at the state/regional level that might have contributed to or hindered exporting by firms. The states considered for detailed policy discussions are highly diverse and include Gujarat, Odisha and Karnataka. To address the glaring absence of literature on the role of subnational factors in enterprises' export performance, a preliminary state-by-state analysis of the spatial determinants of firms' export activities is also provided.

This book examines regional responses to marginality by highlighting social innovation, local capacity and new path formations in what are often seen as economically weak regions where policy and institutional considerations play a key role. Divided into three parts, it covers a wide range of topics related to geographical marginality from various angles, on both regional and local scales. The first part focuses on the role of social innovation and illustrates the themes of social innovation and new localism, local revitalization and social entrepreneurship. The second part then addresses the issues of economic responses, valorization, resource use and local action in response to marginalization. Lastly, the third part explores various policies and measures taken to respond to marginality and intensify regional development in marginal areas.

This book discusses the latest theoretical advances in regional innovation research, presents empirical cases involving the development of regional innovation systems (RISs), and explores regional innovation policy approaches. Grounded in the extensive literature on RISs, it addresses state-of-the-art developments in light of recent theoretical advances in economic geography and related disciplines. Written in honor of Bjorn Asheim's seventieth birthday, the book includes novel and carefully selected chapters prepared by collaborators, colleagues and former PhD-students of one of the founding fathers of RIS research. Further, it makes a significant contribution to the academic debate on regional innovation and growth and offers valuable insights for scholars and policymakers alike.

The book presents the lectures delivered during a short course held at Urbino University in summer 2015 on qualitative theory of dynamical systems, included in the activities of the COST Action IS1104 "The EU in the new economic complex geography: models, tools and policy evaluation". It provides a basic introduction to dynamical systems and optimal control both in continuous and discrete time, as well as some numerical methods and applications in economic modelling. Economic and social systems are intrinsically dynamic, characterized by interdependence, nonlinearity and complexity, and these features can only be approached using a qualitative analysis based on the study of invariant sets (equilibrium points, limit cycles and more complex attractors, together with the boundaries of their basins of attraction), which requires a trade-off between analytical, geometrical and numerical methods. Even though the early steps of the qualitative theory of dynamical systems have been in continuous time models, in economic and social modelling discrete time is often used to describe event-driven (often decision-driven) evolving systems. The book is written for Ph.D. and master's students, post-doctoral fellows, and researchers in economics or sociology, and it only assumes a basic knowledge of calculus. However it also suggests some more advanced topics.

Cooperation and clusters have become the guiding paradigms for explaining and promoting regional competitiveness, but the cooperation process between firms and universities and the transfer of knowledge in guiding and nurturing regional competitiveness has received relatively little attention. This book strives to fill this gap in highlighting the connection between inter-firm cooperation in regional clusters, innovation and regional networks, and the role of universities in them . It goes beyond the traditional economic approach of clusters and includes 'soft factors' in the explanation of regional competitiveness, and connects the literature on clusters to the literature of learning and knowledge creation as sources of regional competitiveness. It aims to foster an international and interdisciplinary exchange of perspectives by presenting current developments, case studies, best practices as well as new integrated theoretical approaches and applications.

This book highlights the difficult policy choice that must ultimately be made during China's structural reform according to the theory of the Impossible Trinity, between exchange rate and monetary policy autonomy.

Taking eleven countries in Europe, Canada, South Africa, America, Latin America and Australia, this book discusses recurring barriers to cluster development in the renewable energy sector. The authors look at the real-world dynamics and tensions between stakeholders on the ground, with a particular focus on the relationships between SMEs and other actors. This trans-regional study is unique in its scale and scope, drawing on a decade of field research to show how by learning from the successes and failures of other clusters, costs and risk can be reduced. The book fills a significant gap in the literature for policymakers, managers and economic developers in a key market.

What happens when previously autonomous firms from different countries, each with their own identities, routines and capabilities, come together inside a single multinational corporation? Can a cooperative strategy be established that advances the development of the multinational as a whole, or do mutual misunderstandings and the unintended consequences of strategic interaction among the players' lead instead to endemic conflict and disintegration?
This book tackles these novel and important questions through an empirical study of the strategic constitution of an 'actually existing' multinational. It does so by tracing the historical construction of the multinational corporation from the confluence of multiple formerly independent firms and analyzing the interacting web of strategies pursued by different actors within it. The analysis reveals how workers, unionists, subsidiary managers, and corporate executives pursue separate strategic games rooted in their local contexts, whose global outcome contrasts sharply with idealized views of the multinational as an integrated and coordinated organization.
By comparing these findings to those of the broader literature, the book proceeds to a theoretical examination of the challenges of managing the multinational, and the difficulties of resolving them through conventional organizational means. The authors propose new procedural solutions aimed at fostering mutual recognition and knowledge exchange within the multinational corporation, and explore how a multinational public may be created to press for the necessary reforms in corporate governance. As the success of such reforms is far from preordained, the book concludes with a seriesof alternative scenarios that illustrate the many obstacles to a smooth continuation of the globalization process.
This is an important and original study of significance for researchers, academics, and advanced students of international business, business strategy, comparative management and organizational studies.

This is the first study to draw on international research carried out across four EU member states to add to the neglected area of the creative economy of peripheral regions. Economies are dynamic entities and subject to constant flux. Driven by changing tastes, new ways to make and disruptive innovations, new routes of economic development present themselves at ever increasing rates. This study is concerned with the rise of the creative economy. UNCTAD has marked the emergence of the creative economy across the globe and noted its resilience in the face of recent economic turmoil. Here, the authors intend to bring the level of analysis down to the regional and firm level by uncovering the extent of the creative economy in some of Europe's most peripheral regions. This is the first study to draw on international research carried out across four EU member states to add to the neglected area of the creative economy of peripheral regions. The work contributes to expanding theory in the areas of economic geography, business studies and regional development.

This book explores different approaches to defining the concept of region depending on the specific question that needs to be answered. While the typical administrative spatial data division fits certain research questions well, in many cases, defining regions in a different way is fundamental in order to obtain significant empirical evidence. The book is divided into three parts: The first part is dedicated to a methodological discussion of the concept of region and the different potential approaches from different perspectives. The problem of having sufficient information to define different regional units is always present. This justifies the second part of the book, which focuses on the techniques of ecological inference applied to estimating disaggregated data from observable aggregates. Finally, the book closes by presenting several applications that are in line with the functional areas definition in regional analysis.

Fewer than 100 people own and control more wealth than 50 per cent of the world's population. The Handbook on Wealth and the Super-Rich is a landmark multidisciplinary evaluation of both the lives and lifestyles of the super-rich, as well as the processes that underpin super-wealth generation and its unequal distribution. Drawing on international case studies, leading experts from across the social sciences offer 22 accessible and coherently organized chapters, which critically analyse a range of topics including: the legitimacy of extreme wealth from a moral economic perspective biographies of illicit super-wealth London's housing markets how the very wealthy fly the environmental consequences of super-rich lives crafting immigration policies to attract the rich. Students and scholars studying a host of topics such as development studies, economics, geography, history, political science and sociology will find this book eminently engaging. It will also be of great interest to public commentators, charitable organizations and NGOs concerned with wealth and income distributions. Contributors: R. Atkinson, J.V. Beaverstock, L. Budd, R. Burrows, L. Crewe, A. Davison, A.D. Dixon, R. Forrest, D.R. Green, S. Hall, T. Hall, I. Hay, I. Kapoor, S.Y. Koh, G. Mangraviti, A. Martin, I.A. Osuoka, A. Owens, R. Palan, C. Paris, D. Rhodes, A. Sayer, P.G. Schervish, S. Schulz, J.R. Short, E. Spence, A. Watson, B. Wissink, M. Woods, A. Zalik

The book aims to present "traditional features" of regional science (as geographical concepts and institutions), as well as relatively new topics such as innovation and agglomeration economies. In particular it demonstrates that, contrary to what has been argued by recent economics literature, both geography and institutions (or culture) are relevant for local development. In fact, these phenomena, along with the movement of goods and workers, are among the main reasons for persisting development differentials. These intriguing relationships are at the heart of the analysis presented in this book and form the conceptual basis for a promising institutional approach to economic geography.

This book examines the evolution and major elements of China's Belt-and-Road Initiative (BRI), a trillion-dollar project for the revival and refinement of ancient terrestrial and maritime trade routes. The author analyses the foreign policy and economic strategy behind the initiative as well as the geoeconomic and geopolitical impact on the region. Furthermore, he assesses whether the BRI has to be considered as a challenge to the US-led order, leading to a Sinocentric order in the 21st century. Offering two case studies on the China-Pakistan Economic Corridor (CPEC) and the 21st Century Maritime Silk Road (MSR), the book reveals the drivers motivating China and its partners in executing BRI projects, such as security of commodity-shipments, energy supplies, and explores trade volumes as well as the anxiety these trigger among critics. The book juxtaposes these to non-Chinese, specifically multilateral institutional and Western corporate, inputs into Beijing's developmental planning-processes. It also identifies the role of combined Chinese-foreign stimuli in generating the policy priorities precipitating the BRI vision, and the geoeconomic essence of BRI's implementation.

Inequality is becoming an urgent issue of world politics at the end of the twentieth century. Globalization is not only exacerbating the gap between rich and poor in the world but is also further dividing those states and peoples that have political power and influence from those without. While the powerful shape more `global' rules and norms about investment, military security, environmental and social policy and the like, the less powerful are becoming `rule-takers', often of rules or norms they cannot or will not enforce. The consequences for world politics are profound. The evidence presented in Inequality, Globalization, and World Politics suggests that globalization is creating sharper, more urgent problems for states and international institutions to deal with. Yet at the same time, investigations into eight core areas of world politics suggest that growing inequality is reducing the capacity of governments and existing international organizations to manage these problems effectively. The eight areas surveyed include: international order, international law, welfare and social policy, global justice, regionalism and multilateralism, environmental protection, gender equality, military power, and security.