Assessing the Effect of Resilience Policies Directed toward Business and Individuals
In chapters 5 and 6, we ask whether the most common intentional efforts to bring about recovery through public policy or civic action that we identified in the previous two chapters was likely to have made a difference. We do so by first, setting forth and discussing the logic underlying the policy, i.e., why and under what circumstances the policy might (or might not) be expected to have an effect on regional economic resilience or development. We then summarize the existing research literature that evaluates the specific policies and over what time frames they are likely to occur. Chapter 5 considers policies intended to aid specific businesses and individuals: business tax incentives; industry targeting and cluster policy; technical assistance to firms; and entrepreneurial assistance and promotion.