This title was first published in 2001. Focusing on new industries, policies and new forms of governance, the internationally renowned contributors to this volume examine the factors promoting the sub-national economic growth that is paradoxically occurring in an era of globalization.

First Published in 2004. Routledge is an imprint of Taylor & Francis, an informa company.

Almost 117 million passengers flew on Europe's low cost airlines in 2006. This statistic would have seemed beyond belief in the mid-1980s when air transport was a heavily regulated sphere.

This book examines the deregulation which has taken place since then and in particular looks at the single most important reprurcussion of the deregulation of Europe's skies - the rise of the low cost airline. Sean Barret has been involved in the debates surrounding this right from the start and is well placed to provide a scholarly study of the issue. The book spends much time looking at the success of Ryanair in this period - this provides the perfect case study given the dominant role that the company has taken up over recent years.

In this comprehensive original reference work, the editors have brought together an unrivalled group of distinguished scholars and practitioners to comment on the historical and contemporary role of industrial districts (IDs). This Handbook is uniquely positioned to shed light on the role of global and local forces and how they increasingly interact to shape the welfare of societies and the economic performance of firms and places. It illustrates that IDs are a clear expression of local societies finding their 'place' in the national and international division of labour, and through the constitution and elaboration of productive specialisations congenial to the attitudes and the preferences of their people. Ultimately, the Handbook represents the main strands of a wide-ranging, decades-long debate on the nature of IDs: what they represented in the past, the changes they are currently undergoing, and the future challenges and opportunities they will face in an increasingly global economy. Including conceptual, critical and forward-looking contributions, as well as case studies from Asia, Latin America, Europe and the US, this Handbook will prove an invaluable resource for academics, students and policymakers focusing on industrial districts, local production systems and innovation. It will also appeal to those interested in the local drivers of competitiveness and related public policies.

This book analyses the financing problems of Greek small and medium-sized enterprises (SMEs), within a liberalized financial system and within an economic environment of fiscal and monetary constraints. Using recent data covering a ten-year period, the main aim of the research is to explain the interdependence between the situation of the banking sector generally and that of small and medium enterprises. The author argues that the reluctance of banks to lend to Greek companies because of the strict financing constraints, due to the national debt crisis, serves to exacerbate the cycle of economic recession. This factor seriously undermines the efforts of Greek companies to develop growth opportunities, and negatively affects their competitiveness as well as their ability to strengthen their market position. The author examines the supply and demand aspect of the problem: there is lower demand for lending due to the decline of demand for goods and services as well as a tightening of banks'credit standards, whilst on the supply side, the deteriorating financial situation of banks and their willingness to avoid increasing risk are important contributing factors. Finally, the author presents the main conclusions of the analyses carried out in the previous sections of the book and discusses some relevant recommendations for future research. Building on the extant literature, this book analyses the problem from the point of view of both businesses and the banking sector. The study is useful for scholars, businesses and policy decision makers who are interested in the problem of small and medium-sized enterprises financing.

This book offers a comprehensive overview of the dynamics underpinning the successful performance of local innovation systems (LIS), that is, spatial concentration of innovation activities in specific geographical areas, characterized by the synergetic co-localization of research centers, innovation-driven enterprises, large corporations and capital providers. The reader will gain a deeper knowledge of LIS theory and learn about the theoretical and empirical challenges of studying the LIS from a relational perspective. The book also provides an analytical framework to explore the level of connectivity among LIS actors through the use of social network analysis (network architecture) and second, to assess the variety of different types of relationships that local actors put in place to produce innovation within the LIS (network portfolio). More specifically, this book explores which network configuration is associated with a successful LIS by deriving evidence from the empirical study of the biopharma LIS in the Greater Boston Area (GBA), which has been exemplified as a benchmark case in terms of successful LIS performance. This book also contributes to the theoretical debate about the optimal configuration of network structure (e.g. network closure vs. network openness). In capturing the heterogeneous nature of the LIS demography, it addresses the challenges brought about by the adoption of a holistic approach. Finally, the study provides insights into the network portfolio composition, which has been underexplored by extant literature. Besides addressing the scientific community in the field, this book will also be a valuable resource with practical implications for policymakers and those actors willing to undertake an active role in the development of an LIS in their own regions.

Forming part of the Understanding Organizational Change series, Managing Organizational Change in Public Services focuses on the organizational dimension of change management in public services. Combining aspects of change management theory with ?real life? practice in the form of organizational cases from different regions and sectors, this edited collection identifies and analyzes significant issues regarding the development, implementation and evaluation of public service change initiatives. Featuring contributions from leading authors in the field, this text provides an overview of organizational change management with a focus on leadership, management, and strategies for change.

Looking at cases from Europe and North America, Managing Organizational Change in Public Services offers both a global, as well as a cross-sector analysis of this complex and challenging process. Different sectors that are examined include:

• Transport
• Health
• Education

This book offers an excellent introduction to change management and how it works within the public service organizations internationally. It will be vital reading for all those engaged with the study or practice of this dynamic subject.

Winner of the 2009 Regional Studies Association Best Book Award

Since the early 1980s, the region has been central to thinking about the emerging character of the global economy. In fields as diverse as business management, industrial relations, economic geography, sociology, and planning, the regional scale has emerged as an organizing concept for interpretations of economic change.

This book is both a critique of the "new regionalism" and a return to the "regional question," including all of its concerns with equity and uneven development. It will challenge researchers and students to consider the region as a central scale of action in the global economy, and at the core of the book are case studies of two industries that rely on skilled, innovative, and flexible workers - the optics and imaging industry and the film and television industry. Combined with this is a discussion of the regions that constitute their production centers. The authors' intensive research on photonics and entertainment media firms, both large and small, leads them to question some basic assumptions behind the new regionalism and to develop an alternative framework for understanding regional economic development policy. Finally, there is a re-examination of what the regional question means for the concept of the learning region.

This book draws on the rich contemporary literature on the region but also addresses theoretical questions that preceded "the new regionalism." It will contribute to teaching and research in a range of social science disciplines and this new paperback edition will also make the book more accessible to students and researchers in those disciplines, those individuals who will influence the re-structuring economies of the 21st century.

Originally published in 2005. Countries at different stages of social, cultural and economic development approach the process of skill formation in different ways. In this enlightening collection, Marcus Powell uses empirical evidence to document how different nations formulate their training strategy, including how labour market information is used to inform decision making and the role stakeholders play in the process. Drawing on unique practical and research based experience from a variety of authors (all of whom have been employed as senior advisors or consultants to national governments or multilateral donor agencies) it provides unparalleled access to the expertise of key professionals and their knowledge about skill formation.

Originally published in 1972, Incomes Policy and the Public Sector is a consideration of the work conducted by The National Board for Prices and Incomes from 1965 to 1970. The Board, commonly known as the PIB, was intended to be the instrument through which an incomes policy could be shaped and guided in Britain. This book looks first at the reports that it made, and the criteria and judgements used, and then examines incomes policy by studying its impact in several areas in the public sector. Incomes Policy and the Public Sector offers a comprehensive overview of incomes policy from 1965-1970 and puts the reader in touch with 'real economic situations'.

This collection brings together international experts from different continents to examine creativity and innovation in the cultural economy. In doing so, the collection provides a unique contemporary resource for researchers and advanced students. As a whole, the collection addresses creativity and innovation in a broad organizational field of knowledge relationships and transactions. In considering key issues and debates from across this developing arena of the global knowledge economy, the collection pursues an interdisciplinary approach that encompasses Management, Geography, Economics, Sociology and Cultural Studies.

This book takes stock of what is known about the process of innovation and its effects, and the policy interventions that influence both. It provides insights into future research required to support evidence-based policy-making and makes clear the need to take a systems approach to the analysis of innovation, its outcomes and its impacts. The contributors explore the fact that economic theory, statistical measurement and the need to achieve targets are combining to shift policy focus towards the economic and social impacts of innovation. This is forcing economists and statisticians to look for new measures, indicators, and analytical frameworks to support the public policy debate and the implementations of change necessary for success. The book emphasizes the importance of linkages and communities of practice in measuring and analyzing innovation, and focuses on: the importance of social sciences as well as natural sciences to the activity of innovation. policy-relevant discussions on the measurement gaps in the activity of innovation quantitative results of analysis relating to the output of innovation activities theoretical frameworks and concepts for measurement of the activity of innovation suggestions for new measurement directions for the activity of innovation which will lead into an international forum to discuss indicator development at the OECD over the next decade. Illustrating that the expectations of innovation policies are being raised, this book will prove fascinating reading for policy analysts, economists, academics and students with an interest in innovation, industrial dynamics and science and technology.

This book addresses a range of issues relating to the nature and implications of growth of India's services sector, including factors contributing to the rise of services, output measurement and heterogeneity, growth of services exports, and employment in services sectors. From service tax, exchange rate and services exports, policy interest, employment potential and diversity of the sector to challenges in financial inclusion, trajectories of ICT services and contribution of education to GDP, it brings together diverse themes to highlight major concerns in the wake of the prominent role that services have played in placing India among the fast-growing economies in the world in recent years. The services sector in India accounts for more than 60 per cent of the GDP of the country and 28.6 per cent of its employed across government, private or state corporations and non-government organisations. The volume explores whether the services sector (beyond agriculture and industry) holds the promise of fulfilling the benefits from India's demographic dividend for its economic transformation through sustainable growth. With key empirical analyses of household, enterprise and macroeconomic data for India within both formal and informal sectors, this topical book will be useful to scholars and researchers of economics, Indian economy, political economy, development economics, development studies, public policy and South Asian studies and also to development professionals, policy makers and industry specialists.

In common with most other advanced capitalist economies of the Global North, the UK has experienced a decline in the manufacturing industry and an increase in the service sector in recent decades. At the same time, there has been a substantial manufacturing growth in a number of countries in the Global South, especially China and India. Why have these changes occurred? What have been their economic and ecological consequences? How can we best understand the way the contemporary economy functions? This book explores the answers to these questions, proposing that the contemporary capitalist economy is best understood as a complex socio-spatial system of co-production involving relations between people, things and non-human entities. It is argued that these people typically have conflicting and competitive interests yet can come together to resolve their differences or find ways of regulating their conflicting interests. National states continue to have a critical role in establishing these systems of regulation. At the same time, many companies draw on the knowledge of their customers while others enrol animals, insects and plants as co-producers. As a result, the improbable processes of commodity production and capital accumulation continue more or less routinely; with problems and occasional crises overcome in a variety of ways. Co-produced Economies will be of interest to students of economic geography, political economy and economic development, and more generally to social scientists interested in issues of the causes and consequences of economic change. It will also be of relevance to policy makers seeking to develop economic policies in the increasingly volatile global economy and in the context of growing environmental concerns.

There is a broad and long-standing debate on possible solutions to the regional vulnerabilities of globalisation. In 2014, the European Commission began implementing Smart Specialisation Strategy, a place-based strategy of growth, regional transformation and new industrial policy with collective entrepreneurial discovery processes (EDP) at its core. This volume approaches the mystery of entrepreneurial discovery; that is, how relevant knowledge is created, converted and shared in a process of discovery. These essays bring together scholars from economics, geography, sociology, organisation studies, innovation studies, and complexity theory, offering new approaches to overcome the limitations of place-based development and suggesting improved methods leading to growth.

SME's are acknowledged as effective sources of jobs and incomes, gaining an important position in the development agenda, subsequently 'cluster' policies were conceived as a framework to augment the effects of SMEs and to optimize resources used to support them. Based on case studies from Brazil, Vietnam, Indonesia and India, this volume examines SME clusters and argues that unless they counteract common problems such as very low wages, poor working conditions, poor quality products and lack or environmental regulation, they will be pushed out of the market and so become unsustainable. This book suggests that the SME clusters currently being stretched should react by 'socially upgrading' in order to improve their innovation capacity, as well as social, environmental and labour standards. It puts forward conceptual frameworks which explain the way firms can upgrade: through markets, interaction among cluster members, through Corporate Social Responsibility and other such public policy, and through the better enforcement of regulation.

There are three stages to outsourcing: The first occurred at the dawn of industrial era in the 19th century, where mass production for consumption by many, became the norm and simple domestic means could not meet such demands. With the cost of labor soaring in developed countries, manufacturing of products started moving to countries like China to take advantage of labor arbitrage in the 1900s. This is the second stage of outsourcing. This book addresses issues and challenges in the third stage of outsourcing whose focus is on movement of services at electronic speed, utilizing the Internet platform.The book includes short essay questions, multiple choice questions, mini-cases at the end of most chapters and glossary of terms. It can also serve as a good reference book for practitioners.

Smart Evaluation and Integrated Design in Regional Development puts forward an alternative approach to evaluation in spatial planning - one that focuses on 'territory' and 'landscape'. The book introduces an innovative evaluation approach, namely Territorial Integrated Evaluation (TIE), a meta-evaluation methodology for designing regional development scenarios. A research team from the Politecnico di Torino applied this methodology experimentally to the practices of spatial planning in Trentino in order to aid the Province in a process of institutional innovation that is still going on today. TIE defines territorial scenarios serving the need for regional economic development as well as the conservation of nature and landscape. A cross-border region, Trentino has a special need to harmonize economic development with the exceptional and internationally renowned value of its landscape which includes the Dolomites, a UNESCO World Heritage Site. Therefore TIE set out to design regional development scenarios that integrated various topics - retail, tourism, infrastructures, nature and landscape. By testing out TIE in practice in this extraordinarily dynamic institutional context, the book makes a significant contribution to the discussion about newly emerging approaches to spatial planning that involve multidisciplinary vision, new paradigms in regional development, and institutional learning and capability in decision-making.

This insightful collection conveniently presents the most influential and frequently cited family business research articles. 'Must quote' papers on a broad range of topics, as well as a variety of methods are included and serve as a model for forthcoming work and a foundation for future theory. Complemented by the authors' comprehensive introduction, this volume is an essential reference tool for seasoned researchers, new students and those who work with family businesses.

In this timely volume on newly emerging financial markets and investment strategies, Arvin Ghosh explores the intriguing topic of initial public offerings (IPOs) of securities. Before the 2000-2001 market turndown, hardly a week went by when more than a few companies did not become public, either in the organized stock exchange or in the Over the Counter (OTC) market. In the technology-heavy Nasdaq market, IPOs were crucial for that market's new growth, as Internet stocks supplied key momentum to the market. In the so-called "New Economy" of the 1990s, it was the ubiquitous IPO that ushered in the world's information technology revolution.

Ghosh sets out to examine the pricing and financial performance of IPOs in the United States during the period of 1990-2001. He discusses the rise and fall of IPOs in the preceding decade and explores the IPO process from the start of the prospectus to the end of the "quiet period" and aftermarket stabilization. Ghosh analyzes the deceptive underpricing, or "flipping," of Internet IPOs, the long-run performance of IPOs both in the New York Stock Exchange and in the Nasdaq markets, and the role of underwriters as market makers. Finally, Ghosh discusses the accuracy of analysts' earnings forecasts.

This project summarizes the recent revival of the IPO market and its place in capital formation, as well as the latest developments in the realm of United States IPOs. This work brings forth the true nature and consequences of the recent IPO phenomenon. It is a fascinating financial read and must-have for anyone involved in finance.

""Pricing and Performance of Initial Public Offerings" in the United States is a timely discussion of newly emerging financial markets and investment strategies ...] it is primarily a scholarly text and financial historiography, not a how-to investment guide, yet the lessons and conclusions it draws from past IPOs surely point the way to insight concerning their future." --"The Wisconsin Bookwatch"

"Arvin Ghosh" is a professor in the Department of Economics, Finance, and Global Business at William Paterson University in Wayne, New Jersey. He is author of "Capital Structure and Firm Performance" (Transaction).

From a managerial perspective, the biopharmaceutical industry represents a competitive, fast-changing, intellectually-powered, innovation-driven sector. Many management scholars have studied this discontinuous era to make sense of strategic behavior and the cognition of firms and top managers. A past look at the biopharmaceutical industry provides answers to questions that most managers have. For example, what options do you have and what actions do you take when new firms enter your industry? In the 1970s, new biotechnology firms, funded by venture capitalists, appeared in the pharmaceutical industry with new knowledge. Successful pharmaceutical firms decided to collaborate with the new entrants and forge relationships to develop and create new, biotechnology engineered drugs. Thus, the addition of new biotechnology firms ushered in a new business model based on strategic alliances. Strategic alliances have now become an industrial norm called open innovation. The author looks at the historical path of the biopharmaceutical industry, particularly in the United States. While the pharmaceutical industry's main contributions to society are substantial, there are pressing challenges the industry must face, such as an increase in infectious disease outbreaks or the global aging population, which require new types of care, additionally, mental health care and prescription painkiller addiction are persistent issues with economic repercussions to both federal and local governments. This book presents a holistic view of the biopharmaceutical industry, putting it in a historical context. It will best serve those who are eager to learn about this dynamic, fast-evolving industry and who would like to tackle current biopharmaceutical industry issues in the United States and be prepared for future industry challenges.

The service sector accounts for a huge proportion of global employment, and is the biggest driver of gross domestic product in developing nations. Yet there has been little research uncovering its scope, potential and implications on sustained and inclusive economic growth. This is especially true for Africa, which has seen a strong growth trajectory in recent years. This book presents a new frontier of research, offering insightful perspectives on the 21st-century realities of the service sector and its effect on economic development in Africa. The analysis presented here will be of relevance to academics and policymakers with an interest in Africa's role in the global economy.

Employment has changed dramatically in the last few decades with the onset of neoliberal globalization. This change has become the objective of inquiry from different perspectives, such as development studies, labour economics or industrial relations, focusing on different units of analysis. The Political Economy of Employment Relations provides an exceptional contribution to existing literature by presenting alternative theory and practice on employment relations. It is within this critical theoretical intervention that solidarity economies emerge as a unique theoretical construct as well as a unit of analysis to expose the alternative paths that employment relations may resort to against the contemporary challenges of neoliberal globalization. This book analyses globalization, global economic crisis, and issues of work and labour from the point of view of the developing world, presenting local case studies from countries including the USA, India, Spain and Greece, and outlining alternative approaches to global challenges. This volume has relevance to those with an interest in industrial relations, sociology of work and occupations, labour economics and development economics.

The existence and persistence of regional disparities between European regions require context-tailored policies to promote structural change. This book explores the congruence between place-based development and regional competitiveness in the EU context. Drawing on a range of social science disciplines, this book unpicks the complexity of regional transformation processes, aiming to enhance the applicability and transferability of theoretical approaches to innovation and place-based regional development in diverse European territorial settings. The contributors have a particular focus on less-favoured regions and on the application of Smart Specialisation - a strategic approach to innovation-based regional development - to the issues at hand. The book comes at a critical moment, meeting the growing demand of academics, practitioners and policymakers with an interest in promoting regional economic growth and well-being.

* The ELS model of enterprise security is endorsed by the Secretary of the Air Force for Air Force computing systems and is a candidate for DoD systems under the Joint Information Environment Program. * The book is intended for enterprise IT architecture developers, application developers, and IT security professionals. * This is a unique approach to end-to-end security and fills a niche in the market.