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Regional Renaissance - How New York's Capital Region Became a Nanotechnology Powerhouse (Hardcover, 1st ed. 2020)
Loot Price: R3,738
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Regional Renaissance - How New York's Capital Region Became a Nanotechnology Powerhouse (Hardcover, 1st ed. 2020)
Series: International Studies in Entrepreneurship, 42
Expected to ship within 12 - 17 working days
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This book examines ways in which formerly prosperous regions can
renew their economy during and after a period of industrial and
economic recession. Using New York's Capital Region (i.e., Albany,
Troy, Schenectady, etc.) as a case study, the authors show how
entrepreneurship, innovation, investment in education, research and
political collaboration are critical to achieving regional success.
In this way, the book provides other regions and nations with a
real-life model for successful economic development. In the past
half century, the United States and other nations have seen an
economic decline of formerly prosperous regions as a result of new
technology and globalization. One of the hardest-hit United States
regions is Upstate New York or "the Capital Region"; it experienced
a demoralizing hemorrhage of manufacturing companies, jobs and
people to other regions and countries. To combat this, the region,
with the help of state leaders, mounted a decades-long effort to
renew and restore the region's economy with a particular focus on
nanotechnology. As a result, New York's Capital Region successfully
added thousands of well-paying, skill-intensive manufacturing jobs.
New York's success story serves as a model for economic development
for policy makers that includes major public investments in
educational institutions and research infrastructure; partnerships
between academia, industry and government; and creation of
frameworks for intra-regional collaboration by business,
government, and academic actors. Featuring recommendations for best
practices in regional development policy, this book is appropriate
for scholars, students, researchers and policy makers in regional
development, innovation, R&D policy, economic development and
economic growth.
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