By distinguishing industrial R&D from manufacturing production, this study identifies a local economy's comparative advantage by activity rather than by product. The Chicago area's comparative advantage has shifted away from production and toward R&D activity during the 1976 to 1985 period....

This article examines the development process of business incubators. Nearly 60 stakeholders working with 12 incubators were interviewed. A three-stage life cycle model is posed to describe the development process. The start-up stage is characterized as real estate driven; emphasis is placed on...

Product development corporations have been established by eight states for the purpose of promoting the development of innovative sectors of the economy by augmenting the supply of risk capital. They operate by providing a grant to a firm to finance the design, testing, and commercialization of...

This article develops a framework to classify and compare state administered enterprise zone programs based on survey data from state program administrators. Three themes are described as having led to the design and implementation of individual state programs: economic theory, political theory,...

While Reagan administration opposition to industrial policy was intense, it appears that divisions within the Democratic party were at least as decisive a factor in its fall from favor. Industrial policy could not transcend party differences: It was, instead, consumed by them. In its early...

During 1985, a research effort was undertaken by a five-person team of specialists in tourism, marketing, real estate, and public finance to determine the benefits and costs associated with the Louisiana Superdome. This largest of the enclosed public stadiums was a unique experiment in design...