Transcription of Regional Economic Development: A Review
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Regional Economic Development: A Review
WP1/03 SEARCH WORKING PAPERR egional Economic development : Andrea Ascani, Riccardo Crescenzi, Simona IammarinoJanuary 2012A Review Regional Economic development : A Review Andrea Ascani, Riccardo Crescenzi, Simona Iammarino Department of Geography and Environment London School of Economics and Political Science Email: Abstract This Review offers an analysis of the main concepts explored in the Regional and local Economic development literature. We start by explaining the rationale for a Regional approach to development in a context of growing internationalisation of the world economy. Therefore, the relevance of local social and institutional characteristics is discussed by arguing that favourable conditions for development are the result of a highly context specific combination of rules, norms and social relations which encourage and facilitate knowledge diffusion and exploitation mostly on a localised basis.
Regional Economic Development: A Review Andrea Ascani, Riccardo Crescenzi, Simona Iammarino Department of Geography and Environment London School of Economics and Political Science Email: a.ascani@lse.ac.uk Abstract This review offers an analysis of the main concepts explored in the regional and local economic development literature.
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