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Endogenous regional growth and development: Clusters, agglomeration and entrepreneurship
International Center for Regulatory Science, School of Public Policy, George Mason University, Arlington, VA, United States.
Jönköping International Business School, Jönköping, Sweden ; Blekinge Institute of Technology, Karlskrona, Sweden ; University West, Trollhättan, Sweden.ORCID iD: 0000-0002-1315-9753
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.). Jönköping International Business School, Jönköping, Sweden.ORCID iD: 0000-0002-0184-5350
2014 (English)In: Agglomeration, Clusters and Entrepreneurship: Studies in Regional Economic Development, Edward Elgar Publishing , 2014, p. 3-15Chapter in book (Other academic)
Abstract [en]

Regional economic development has experienced considerable dynamism over the recent past. Perhaps the most stunning cases are China and India rising to emergent country status by the turn of the millennium, when most development economists believed in the mid to late twentieth century that such developments could not and would never occur. Paralleling these developments are similar stories of rapid growth at both the national (for example, the four little dragons-Hong Kong, Korea, Singapore and Taiwan; and also Malaysia and Brazil) and the sub-national regional level, which are elaborated on below. With time now for hindsight, some of the reasons these development successes are beginning to emerge are becoming known. The four little dragons' success is tied to what has come to be known as export-dominated development. By focusing on sizeable export markets for non-durable and to some extent durable goods at first and then later, on durables coupled with disciplined, educated and educable labor forces, these countries rose to developed status by the closing decade of the twentieth century. While all of this was going on, new thinking about economic growth-such as the 'new growth theory', along with recognition of emerging patterns of change such as agglomeration, clustering and entrepreneurship-began to modify the quasi-static development views of the neo-classical perspective on economic growth that had changed little since the 1950s following the work of Solow.

Place, publisher, year, edition, pages
Edward Elgar Publishing , 2014. p. 3-15
National Category
Economic History
Identifiers
URN: urn:nbn:se:kth:diva-303339DOI: 10.4337/9781783472635.00007Scopus ID: 2-s2.0-85087971566OAI: oai:DiVA.org:kth-303339DiVA, id: diva2:1602434
Note

Part of book: ISBN 9781783472635, 9781849809269

Duplicate record in Scopus: 2-s2.0-84958629871

QC 20211012

Available from: 2021-10-12 Created: 2021-10-12 Last updated: 2024-03-18Bibliographically approved

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Karlsson, CharlieJohansson, Börje

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