Competitiveness, Localised Learning And Regional Development: Specialization And Prosperity In Small Open Economies (routledge Frontiers Of Political Economy, No 13)

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Drawing on a rich literature and case study material from selected industries, and elaborating on key concepts such as firms and competencies, industries and industrial systems, and competitiveness and prosperity, this book sets out to answer three broad research questions: * What is competition about in today's economy? * Why do geographical areas (local milieus, cities, regions, countries) specialize in particular types of economic activity, and why do patterns of specialization, once in place tend to be so tremendously durable? * How can high-cost regions in general and small industrialized countries in particular sustain competitiveness and prosperity in an increasingly globally integrated world economy? This book points the way out of a dilemma created by recent industrial theory and policy: is it possible for countries which are not destined to be leading high-tech powers to take advantage of the current conjuncture of increasingly open-markets.

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COMPETITIVENESS, LOCALISED LEARNING AND REGIONAL DEVELOPMENT It is widely recognised that the performance and development of firms are heavily influenced by their environment and that the conditions that prevail in the local or regional milieu are particularly important. Furthermore, the fact that economic, entrepreneurial and innovative activities tend to agglomerate at certain places, leading to patterns of national and regional specialisation, is increasingly seen to give important insights into the process of firm competitiveness and industrial transformation. Drawing on a rich literature and case study material from selected industries, and elaborating on key concepts such as firms and competencies, industries and industrial systems, and competitiveness and prosperity, the authors set out to answer some broad research questions: • What is competition about in today’s economy, and how is the performance of firms and industries related to space and place? • Why do geographical areas (local milieus, cities, regions, countries) specialise in particular types of economic activity, and why do patterns of specialisation, once in place, tend to be so tremendously durable? • How can high-cost regions in general and small industrialised countries in particular sustain competitiveness and prosperity in an increasingly globally integrated world economy? Competitiveness, Localised Learning and Regional Development points the way out of a dilemma created by recent industrial theory and policy: is it possible for countries which are not destined to be leading high-tech powers to take advantage of the current conjuncture of increasingly open markets? The book includes a foreword by Professor Michael Storper. Peter Maskell is Professor in Regional Economics at Copenhagen Business School, Denmark. Heikki Eskelinen is an economist and Head of the Social Science Department at the Karelian Institute, University of Joensuu, Finland. Ingjaldur Hannibalsson is Associate Professor in Operations Management in the Faculty of Economics and Business Administration at the University of Iceland. Anders Malmberg is Associate Professor at the Department of Social and Economic Geography, Uppsala University, Sweden. Eirik Vatne is Professor in Economic Geography at the Norwegian School of Economics and Business Administration, Bergen, Norway. ROUTLEDGE FRONTIERS OF POLITICAL ECONOMY 1 EQUILIBRIUM VERSUS UNDERSTANDING Towards the rehumanization of economics within social theory Mark Addleson 2 EVOLUTION, ORDER AND COMPLEXITY Edited by Elias L.Khalil and Kenneth E.Boulding 3 INTERACTIONS IN POLITICAL ECONOMY Malvern after ten years Edited by Steven Pressman 4 THE END OF ECONOMICS Michael Perelman 5 PROBABILITY IN ECONOMICS Omar F.Hamouda and Robin Rowley 6 CAPITAL CONTROVERSY, POST KEYNESIAN ECONOMICS AND THE HISTORY OF ECONOMIC THEORY Essays in honour of Geoff Harcourt Volume one