The authors of this comprehensive book provide a detailed rationale and original theory for the study of leadership and institutional factors, including entrepreneurship, in the growth and development of cities and regions. They demonstrate why leadership, institutions and entrepreneurship can - and indeed do - play a crucial enhancing role as key elements in the process of regional endogenous growth.
The so-called `new growth theory' emphasizes endogenous processes. While some of the literature refers to leadership and institutional factors, there has been little analysis of the explicit roles these factors play in the growth and development of cities and regions. This book remedies that gap, beginning with a brief overview of the evolution of the `new growth theory' in regional economic development, in which the emphasis is on endogenous factors. The book then discusses leadership and institutional factors in that context, creating a new path for understanding regional economic development processes. Multiple case studies from different parts of the world illustrate the theoretical concepts.
Students and scholars in regional development, planning and public policy will find this volume invaluable.
Robert Stimson, University of Melbourne, Australia, Roger R. Stough, School of Policy, Government and International Affairs, George Mason University, US with Maria Salazar, Economic Researcher, Fundacion Rafael Preciado Hernandez, Mexico
Contents: Preface 1. A New Perspective on Regional Endogenous Development Part I: Developing a New Conceptual Model Framework for Endogenous Regional Economic Growth and Development: Incorporating Resource Endowments and Market Fit, Leadership, Institutional Factors and Entrepreneurship 2. A New Conceptual Framework for Regional Endogenous Development 3. Resource Endowments and Market Fit 4. Leadership 5. Institutions and Institutional Factors 6. Entrepreneurship Part II: Examples of Regional Development Initiatives Involving Leadership and Institutional Factors: Case Studies from North America, Europe and the Pacific Rim 7. Case Studies from the United States 8. Case Studies from Europe 9. Case Studies from the Pacific Rim 10. Modeling Endogenous Regional Economic Development: Measurement, Operational Issues and Conclusions References Index