Endogenous Growth Theory and the Role of Institutions in Regional Economic Development

Author(s):  
Roger R. Stough
2020 ◽  
pp. 016001762090953 ◽  
Author(s):  
Thomas Brekke

There are a rapidly growing number of scientific studies analyzing the role of university and higher educational institutions in regional economic development. In this study, the author reviews the rapidly growing body of research streaming out of the geography of innovation and knowledge with particular attention to the period from 1994 to 2019. The author discusses several seminal contributions on the role of universities in regional economic development and then applies a systematic literature review to the extant research of 193 articles. This literature review offers a conceptual framework by identifying four key topics found in the literature: organizational capacity, intermediaries, knowledge dynamics, and policy.


2014 ◽  
Vol 54 (1) ◽  
pp. 197-214 ◽  
Author(s):  
Richard Florida ◽  
Charlotta Mellander ◽  
Thomas Holgersson

Management ◽  
2012 ◽  
Vol 16 (1) ◽  
pp. 86-100
Author(s):  
Arkadiusz Świadek ◽  
Joanna Wiśniewska

Endogenous or exogenous innovative development in companies on regional level? Case study - lubuskie voivoidship At the moment endogenous growth theory has become increasingly popular in the world of science, particularly in developed countries. This article aims to show, for lubuskie case, the needs and sense of applying this theory in the Polish regions. Due to the low level of economic development of many Polish regions, including Lubuskie, they are unable to growth in a comparable rate as regions in developed countries. This explains the economic divergence between polish regions and the highly developed regions of Europe and the World. Stimulating economic growth are insufficient in such cases, because of the weakness of the internal factors in regions. Therefore it is important to strengthen an external impulses to keep internal development. It means that the endogenous growth theory is no reason to exist, in conditions of poor Polish regions. Without external inputs there can't be convergences processes. Therefore, the economic development of the of Polish regions should be based on the exogenous growth theory.


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