
Technology-Based Regional Economic Development
Institutional Perspectives from the United States and Japan
- 138 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Technology-Based Regional Economic Development
Institutional Perspectives from the United States and Japan
About this book
Regional technology-based economic development and the recruitment and retention of talent is a top priority of city-regions in the United States and in countries around the world. However, policy recommendations from government officials, industry leaders and academics are often ambiguous or are in conflict. To address these issues, this book deals with the complex intersection of institutional theory and national and regional policy initiatives.
It provides an overview of United States and Japanese technology policy development at the national level with case analyses of Austin, Texas and Tsuruoka, Japan to identify key regional strategies and processes that have resulted in successful endogenous technology-based business development and job creation. It offers an innovative analytical perspective to improve our understanding of how successful tech-based regional economic development works in theory and practice. The book's discussion is grounded on important technology paradigm shifts in the US and Japan from 1970 to 1980 leading to current realities. To address the complex "Puzzle of Space" conundrum, the authors describe similarities and differences in regional development processes in Austin and Tsuruoka. They present a generalizable model indicating necessary and sufficient conditions linked to the building of new "Small i" institutions at normative and cognitive levels of analysis in consort with regulative policy and innovations at macro level "Capital I" institutions. The book clearly explains the relations between institutions and economic growth, an important issue in contemporary economics.
The book's conclusions clarify critical success factors for endogenous regional development growth theory and lead to recommendations for policymakers who are searching for ways to achieve success.
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Information
Table of contents
- Cover
- Half Title
- Series Page
- Title Page
- Copyright Page
- Dedication
- Table of Contents
- List of Figures
- List of Tables
- About the Authors
- Prologue from Austin, TX
- Introduction
- 1 “New Capital I” Institutions and New Technology Policies in the United States and Japan
- 2 “New Small i” Institutions of the World’s First Technopolis and Key Reasons for Japan’s Failed Technopolis Policy
- 3 Technology Venturing and Theoretical Modeling for “New Capital I” and “New Small i” Institutions
- 4 Case Studies: Austin, Texas, USA, and Tsuruoka, Yamagata, Japan
- 5 Conclusion: Important Conditions for Successful Endogenous Tech-Based Economic Development
- Epilogue from Tsuruoka, Japan
- Acknowledgments
- Index