There has been increasing recognition of the role played by higher education institutions (HEIs) in fostering regional economic development. Concurrently, regional economic development strategies have emphasized targeting economic clusters. This underscores the need for a structured operational...

State initiatives that build innovation capacity by supporting local academic research, attracting eminent scholars, and building research excellence have become prominent among the 50 states over the past 30 years. This article focuses on three programs: University Research Grants, Eminent...

The use of local impact fees is examined as a product of governmental supply and community demands in a political market. Whereas new regionalism emphasizes the embeddedness of city-level decisions in a regional context, political market theories and the empirical study of local growth decisions...

Various types of social capital facilitate the creation of intralocal or interlocal economic development partnerships because it reduces the transaction costs that lead to collective action problems. Prior studies have focused on explaining how collective action mechanisms lead to the creation...

Although policy evaluations have raised significant concerns about the effectiveness of individual incentives such as tax abatements and special taxing districts, they beg the question of whether, in the right combination, these tools might actually work. This research focuses on this question:...

Does business ownership reduce the wealth disparity between Black and White households? The author uses Panel Study of Income Dynamics (PSID) data on family wealth in 1999 through 2009 to examine the levels of wealth and changes in wealth of entrepreneurs and workers among Black and White...

Technological concentration and innovation have been identified as important forces behind growth, and entrepreneurship has been recognized as an important link between new knowledge and economic growth. This article examines the influence of entrepreneurship and technology concentration on...

The Rise of the Creative Class, which was originally published in 2002, has generated widespread conversation and debate and has had a considerable impact on economic development policy and practice. This essay briefly recaps the key tenants of the creative class theory of economic development,...