Economic Theory

Applied Evolutionary Economics and Economic Geography by Koen Frenken

By Koen Frenken

Utilized Evolutionary Economics and monetary Geography goals to additional develop empirical methodologies in evolutionary economics, with a distinct emphasis on geography and enterprise position. It does so by way of bringing jointly a decide on team of top students together with economists, geographers and sociologists, all of whom proportion an curiosity in explaining the asymmetric distribution of financial actions in area and the historic methods that experience produced those styles. Methodological advances in 3 domain names are tested intimately: * demographic options, which permit for systematic research of the spatial evolution of industries * social community research supplying new instruments to examine the geography of networks at diverse spatial degrees * spatial econometric concepts, that are used to appreciate the expansion dynamics of towns and areas. The ebook additionally comprises case stories at the evolution of high-tech areas and a coverage bankruptcy on evolutionary making plans of transportation networks. This booklet can be warmly welcomed by way of evolutionary economists, business business enterprise students and researchers attracted to coverage technology, the economics of innovation and monetary geography.

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The more important information flows typically stem from more distant locations, a geographical principle that might reflect the strength of weak ties (Granovetter, 1973). However, research that takes into account global spillovers is still scarce (Jaffe and Trajtenberg, 1999). In this light, the contributions by Jacob and Los (Chapter 6) and Maggioni and Uberti (Chapter 11) are especially important. The ‘big question’ regarding the unequal distribution of wealth among nations needs to be addressed more often and more systematically.

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