Handbook of Regions and Competitiveness
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Handbook of Regions and Competitiveness

Contemporary Theories and Perspectives on Economic Development

Edited by Robert Huggins and Piers Thompson

The aim of this Handbook is to take stock of regional competitiveness and complementary concepts as a means of presenting a state-of-the-art discussion of the contemporary theories, perspectives and empirical explanations that help make sense of the determinants of uneven development across regions. Drawing on an international field of leading scholars, the book is assembled and organized so that readers can first learn about the theoretical underpinnings of regional competitiveness and development theory, before moving on to deeper discussions of key factors and principal elements, the emergence of allied concepts, empirical applications, and the policy context.
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Chapter 23: The strategic management of places and regional competitiveness

David Audretsch, Hugo Menendez, Aileen Richardson and Apexa Mamtora

Abstract

This chapter suggests a framework for policymakers and thought leaders in conceiving, formulating and implementing policies to enhance regional competitiveness. The discussion links four fundamental underlying forces of regional competitiveness: the first involves production factors and resources within the region; the second comprises the spatial structure and organization of economic activity; the third encompasses the human dimension; the fourth consists of policy. The chapter explains how and why each of these elements contributes to regional competitiveness and how they integrate in shaping the economic performance of regions.

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