The factors that determine growth at the industry level are
different for innovative versus mature industries. Growth
industries rely on high-quality workers, access to capital,
technical change, and numerous forms of collected economies. Mature
industries concentrate on low-input costs and minimizing costs for
wages, transportation, taxes, material, etc. This approach is
adopted here to consider the growth and development of metropolitan
economies.
In twelve chapters, eminent scholars provide a complete review
of what works--and what doesn't--in generating economic
development. What are the potential and the reality of producer
services, suburban business centers, enterprise zones,
technology-based ventures, and industrial incubators? How can
economic development policy improve the incubator effect? Is there
a nationwide venture capital network? What are the locational
requirements of firms in high-growth industries? Finally, what are
the consequences of failed growth?
This comprehensive collection includes chapters by Edwin S.
Mills; Patricia E. Beeson; Mark A. Satterthwaite; Breandan o
Huallachain; John F. McDonald; William B. Beyers; Truman A.
Hartshorn; Peter O. Muller; Rodney A. Erickson; Richard Florida;
Donald F. Smith, Jr.; Claudia Bird Schoonhoven; Kathleen M.
Eisenhardt; Stephen Nord; Robert G. Sheets; and Thomas R. Hammer.
This workis a must read for policymakers, planners, analysts, and
students.
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