Worker and Community Ownership as an Economic Development Strategy: Innovative Rebirth or Tired Retread of a Failed Idea?

2020 ◽  
Vol 34 (4) ◽  
pp. 325-342
Author(s):  
Jason S. Spicer

A generation ago, American state and local experiments with worker and community ownership appeared unsuccessful. Does their current revival offer anything new to the field of economic development or is this merely a tired retread of a failed idea? Using historical analysis, case studies, and interview data from three U.S. regions, the author analyzes the current range of initiatives that seek to remove impediments, stimulate development, and provide direct technical and financial support to worker and community-owned enterprises. The author also identifies how these efforts differ from those in the past, with respect to scope, scale, and success orientation. Collectively, these differences suggest a focus on engaging with, rather than escaping from, market-based economic development. Key challenges are also identified: popular education, community capacity, competitive pressure, early-stage financing, and managing political content. While too early to assess outcomes, these differences suggest the possibility of more substantial results than in the past.

10.5912/jcb93 ◽  
2004 ◽  
Vol 10 (4) ◽  
Author(s):  
Lisa P L Lim ◽  
Michael J Gregory

This paper outlines the strategic efforts undertaken by Singapore to establish its national capability in the biomedical science sector, reviews the commercial base as a result of these efforts and compares Singapore's approach with the UK and US development models, discusses the challenges that Singapore faces and raises some questions on the long-term sustainability of the sector.Although Singapore is a small country in terms of geographical size, its economic size is significant, with gross domestic product (GDP) and GDP per capita of US$112bn and US$25,200 respectively in 2002. For the past 40 years, the country has achieved an average annual GDP growth of 8.4 per cent by focusing on manufacturing and productivity improvements. Biotechnology has been earmarked as the next wave of technology that will sustain the country's economic growth. For almost two decades, Singapore has focused its efforts on building capabilities in the biomedical science area to exploit biotechnology and traditional chemistry-based technologies in drug discovery, development and production. The main principle of Singapore's strategy is to locate a sector targeted for growth and then to focus its efforts on building the key pillars to support the sector; identified in this case to be research, early stage funding and specialised infrastructure.


2020 ◽  
Vol 14 (2) ◽  
pp. 82-90
Author(s):  
V. A. Pogrebinskaya

The purpose of the article is to show the relationship between the mobilization model of economic development and the modernization of Russia, which was catching up. The mobilization model is understood as a development scheme aimed at achieving emergency goals through exceptional means and emergency organizational forms. The period of the first half of the twentieth century was chosen as the most characteristic for the relationship between this model and the restructuring of the economy when the foundations for further transformation of Russia were laid. Using the method of comparative historical analysis of implemented and alternative modernization options reveals the relevance of the topic. It is related to the fact that modern assessments of the Russian experience mix up the mobilization model with the idea of planning and centralization of control in general, which prevents the use of theoretical and practical achievements of the past. They consist of proving the possibility of combining the plan and the market based on indicative planning.


2011 ◽  
Vol 63-64 ◽  
pp. 561-564
Author(s):  
Guang Yi Zhang ◽  
Tian Peng Zhao ◽  
Wan Yan Dong

Urban economy has been deemed to be the leading power for regional economic and social development and it has everything to do with citizen income increase, local financial strengthen and organizational economic vigor. Weifang has a sound geographic position for it shares the common border of coastal and inland cities, which is beneficial to the whole provincial economic development. AHP methodology is applied to construct the evaluation system for urban economic development competence and an index system developed out of it is employed to compare the economic development competence from 2005 to 2009. Finally, the analysis of problems and weaknesses occurred thereby in the past five years is made, accompanied by constructive comments and suggestions. In recent years, rapid development has made Weifang among the tops in total economic volume in Shandong.To research Weifang’s economic development competence, to clarify Weifang’s regional economic development strategy, and to seize the opportunity to develop Weifang are meaningful to Weifang and Shandong.This article uses multiple statistic methods and social economic statistic software SPSS to standardize the indexes of Weifang from 2005 to 2009. It uses AHP to calculate each index’s weight, and gets the final comprehensive score of its economic development competence, on the basis of which it analyze Weifang’s economy and find the weak points so as to strengthen its economic development competence by giving relative suggestions.


2020 ◽  
Vol 05 (01) ◽  
pp. 1-11 ◽  
Author(s):  
Jiasu Lei ◽  
Qingzhi Zhang ◽  
Yaoyuan Qi

In 2012, the Chinese government put forward the “Innovation-driven Development Strategy”, which has its theory origin as well as its practice and policy origin. At this stage, based on the reality of China’s economic development and the prominent role of “lead innovation” to economic development, China urgently needs to adjust the idea of “Innovation-driven Development” in the past to “Innovation-led Development” and should focus on encouraging and supporting “lead innovation” in order to achieve the purpose of the “steady growth and improve quality”.


2013 ◽  
pp. 4-23 ◽  
Author(s):  
V. Mau

The paper deals with the trends in the world and Russian economies towards development of a new post-crisis system, including technological and structural transformation. Three main scenarios of Russian economic development (conservative, innovation and acceleration) are discussed basing on historical analysis of Russian economic performance since 1970-s when oil boom started. On this basis key challenges of economic policy in 2013 are discussed.


2008 ◽  
pp. 119-130 ◽  
Author(s):  
V. Senchagov

The core of Russia’s long-term socio-economic development strategy is represented by its conceptual basis. Having considered debating points about the essence and priority of the strategy, the author analyzes the logic and stages of its development as well as possibilities, restrictions and risks of high GDP rates of growth.


Corpora ◽  
2019 ◽  
Vol 14 (3) ◽  
pp. 327-349
Author(s):  
Craig Frayne

This study uses the two largest available American English language corpora, Google Books and the Corpus of Historical American English (coha), to investigate relations between ecology and language. The paper introduces ecolinguistics as a promising theme for corpus research. While some previous ecolinguistic research has used corpus approaches, there is a case to be made for quantitative methods that draw on larger datasets. Building on other corpus studies that have made connections between language use and environmental change, this paper investigates whether linguistic references to other species have changed in the past two centuries and, if so, how. The methodology consists of two main parts: an examination of the frequency of common names of species followed by aspect-level sentiment analysis of concordance lines. Results point to both opportunities and challenges associated with applying corpus methods to ecolinguistc research.


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