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The literature in economic geography has recently shown a growing interest in the path dependent transformation of regional economies. According to evolutionary accounts, the development of regional economies can be regarded as a result of technological branching processes, where the development...
Persistent link: https://www.econbiz.de/10011575250
The question of how new regional growth paths emerge has been raised by many leading economic geographers. From an evolutionary perspective, there are strong reasons to believe that regions are most likely to branch into industries that are technologically related to the preexisting industries...
Persistent link: https://www.econbiz.de/10008558438
Using dynamic panel data methods on UK counties (1841-1971), we investigate long-term employment dynamics in seven distinct local industries. We study how industries benefit from specialised environments (MAR), diverse local economies (Jacobs’) and large local markets (urbanization), and, in...
Persistent link: https://www.econbiz.de/10004965516
This article studies path dependent regional structural change using a quantitative framework. Based on an inter-relatedness indicator, the degree to which local skill-bases exist and force local economies onto a path-dependent development trajectory is studied. The main question is into which...
Persistent link: https://www.econbiz.de/10008617011
Persistent link: https://www.econbiz.de/10009540443
The concept of “relatedness” between industries plays an increasingly central role in economics andstrategic management. However, relatedness has remained rather elusive in empirical terms. In thisarticle, we investigate relatedness between industries in terms of the extent to which the same...
Persistent link: https://www.econbiz.de/10005867732
The concept of relatedness between industries plays an increasingly central role in economics and strategic management. However, relatedness has remained rather elusive in empirical terms. In this article, we investigate relatedness between industries in terms of the extent to which the same...
Persistent link: https://www.econbiz.de/10010267150
According to the knowledge-based view of the firm, a firm’s workforce is its most important resource, and firms often diversify into activities that allow them to leverage human resources. Human capital also represents a main asset for employees. When switching jobs, individuals are expected...
Persistent link: https://www.econbiz.de/10005033460
In this paper we measure technological relatedness between industries using a dataset on product portfolios of plants. For this purpose we first develop a general methodology to extract data on co-occurrences of classes (e.g. industries) in a single entity (e.g. a plant) to construct estimates...
Persistent link: https://www.econbiz.de/10008459887
The relatedness between the technologies used among firms in a region is thought to affect the nature and scope of knowledge spillovers. In this paper, we set out how the concepts of technological relatedness and related variety have enriched recent literature in economic geography. First,...
Persistent link: https://www.econbiz.de/10004980034