High-technology development in regional economic growth : policy implications of dynamic externalities
著者
書誌事項
High-technology development in regional economic growth : policy implications of dynamic externalities
(Bruton Center for Development Studies)
Ashgate, c2003
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注記
Includes bibliographical references
内容説明・目次
内容説明
Korea has had considerable success in developing its high-technology industries and these have become significant employers in this region. By analyzing the situation in Korea, this text explores the effects of dynamic externalities on the growth of regional employment in the high-technology industries. It puts forward simultaneous equation models to test three sets of hypotheses related to so-called "Jacobs", and "MAR" effects, differentiated by firm size, organizational type and product. Evidence is found for endogenous technological progress marked by positive feedback, especially for small firms in diversified high-technology enclaves. There are technological externalities associated with knowledge spillovers, and local employment has indirect effects on employment growth via dynamic externalities. The implications for local economic development policy are outlined in a concluding section.
目次
- Introduction
- theoretical background and policy issues
- research questions and modelling strategy
- empirical findings
- summary and policy implications.
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