Assessing the Effect of Resilience Policies Directed toward Public Goods, Institutions, and Leadership

Author(s):  
Harold Wolman ◽  
Howard Wial ◽  
Travis St. Clair ◽  
Edward Hill

In chapters 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 6 considers approaches related to the provision of public goods and to improve the operation of the region’s economy: human capital, education, and workforce development; infrastructure improvement; amenity improvement and creation; restructuring of economic development organizations; and leadership.

Author(s):  
Harold Wolman ◽  
Howard Wial ◽  
Travis St. Clair ◽  
Edward Hill

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.


2009 ◽  
Vol 24 (6-7) ◽  
pp. 473-486 ◽  
Author(s):  
Mandy Crawford-Lee ◽  
Phillip Hunter

This paper outlines support for adopting a people-centred approach to economic development that has been taken forward in West Yorkshire — an approach that recognises that prosperity in a global economy is driven by ideas, information and knowledge. This is very different to the industrial economy of the past. It presents both a model for an integrated workforce development system and a framework for improving linkages between human capital and economic development. Indeed, it is understood that it is those local areas with a strong, adequately skilled, human capital base that are best placed to utilise knowledge and to transfer this know-how into cutting-edge techniques for the production of goods and services. As such, investment in people's knowledge and skills is a crucial aspect of achieving sustained economic growth in a networked, knowledge-driven, global economy.


Author(s):  
Indraneel Kumar ◽  
Lionel J. Beaulieu ◽  
Andrey Zhalnin ◽  
Chun Song

This paper explores occupational or human capital attributes of transportation and logistics clusters in the U.S., by analyzing logistics clusters, such as Memphis and uncovers the differences in occupations or knowledge and skill contents of the workforce. The research builds on previous studies funded by the U.S. Economic Development Administration on U.S. occupation clusters providing insights on logistics clusters from a human capital perspective. The study draws specifically from the industry-and-occupation cluster crosswalks building on previous research on occupation cluster industry cluster-location quotient (OCIC-LQ), and recent research on computerization and automation of occupations. The research questions include how knowledge occupation clusters differ in specialization within the select logistics clusters. How can occupation clusters inform the traditional cluster-based economic development policies in the U.S.? How might automation impact the logistics cluster? The findings show that transportation and logistics clusters are unique in knowledge-based occupations with some commonalities found in different locations. Based on occupational and staffing patterns, nearly 71% of occupations or tasks and activities within the transportation and logistics cluster in Memphis is at risk of automation. The research builds a case for place-based cluster development and people-based workforce development for transportation and logistics cluster in the U.S.


2020 ◽  
Vol 16 (4) ◽  
pp. 745-758
Author(s):  
S.N. Larin ◽  
E.Yu. Khrustalev ◽  
N.V. Noakk

Subject. Currently, as the global economy evolves, its innovative components should demonstrate a tendency of accelerated growth as intellectual capital, information technologies, increasing knowledge and digitization of mushrooming production processes. Nowadays, intellectual capital is one of the economic development drivers. However, the economic community is found to have no generally accepted wording of the concept, thus laying the basis for this article. Objectives. The study sums up the analysis of approaches used by the Russian and foreign economists to determining the economic substance of intellectual capital. We also identify the importance of human capital as its components and specify the definition of the concept. Methods. The article overviews and analyzes proceedings by the most renowned authors, which substantiate how the economic substance of intellectual capital should be unveiled, and suggest its definitions. Results. We specified the definition of intellectual capital concerning the current economic development. We suggest integrating a new component into intellectual capital, such as intellectual property, which includes products of intellectual activity and intangible assets. They can be owned by the entity or other legal entities and individuals, including some employees of the entity. Conclusions and Relevance. The specified definition of intellectual capital will help address issues of sustainable economic development and ensure the competitiveness of the Russian entities nationwide and worldwide, since it directly contributes to intellectual capital and its components.


2021 ◽  
Vol 13 (14) ◽  
pp. 7559
Author(s):  
Shu Yu ◽  
Shuangshuang Zhang ◽  
Takaya Yuizono

“Innovation driven” is the proper term for promoting regional sustainable development under the general goal of national high-quality development. University–industry collaboration (UIC) has become an important innovation resource for regional sustainable development. The study aims to analyze the influencing factors and mediating mechanisms of university–industry collaboration scientific and technological (S&T) and business activities oriented for regional sustainable development in 30 provinces in China (excluding Tibet). Specifically, we used the partial least squares (PLS) structural equation modeling method to test the effects of innovation climate and resource endowments on regional sustainable development through two mode pathways of university–industry collaboration activities. The results show that the innovation climate and resource endowments significantly affect UIC in scientific and technological innovation activities, and then affect the regional economic development and human capital. UIC S&T innovation activities play positive mediating roles in promoting regional sustainable development. In addition, the innovation climate does not significantly impact the business activities of UIC. Therefore, region can get a greater sustainable development through UIC S&T innovation activities than business activities. Much more UIC S&T activities can improve the economic development, human capital, and environmental conditions in the region.


2020 ◽  
Vol 31 (1) ◽  
pp. 111-129 ◽  
Author(s):  
Shuhong Wang ◽  
Lu Xing ◽  
Hanxue Chen

Purpose Recently, China has been paying increasing attention to how to improve the efficiency of the marine environment and realize a green and sustainable development of the marine economy. Consequently, the industrial structure is crucial to improving efficiency. The purpose of this paper is to introduce environmental factors into the efficiency analysis framework and explore the relationship between marine industrial structure and marine environmental efficiency. Design/methodology/approach This paper uses marine economic data under the DEA-BBC model to measure the marine environmental efficiency of provinces and cities and classifies them by cluster analysis. Then, the marine industrial structure and marine environmental efficiency are studied by an econometric model with human capital, ownership structure, land economic development level, scientific research input and government intervention degree as control variables. Findings The overall level of marine environmental efficiency is relatively low in China, increasing and then decreasing over the research period. The rationalization of industrial structure and scientific research input have significant promoting effects on marine environmental efficiency, while the degree of government intervention has a significant inhibiting effect. The positive effect of human capital on efficiency depends on whether it can be successfully converted into productivity. The effects of industrial structure advancement, ownership structure and land economic development level of on the marine environmental efficiency are mixed. Originality/value The results provide a theoretical and decision-making basis for China to transform and upgrade its marine industrial structure and sustainably develop the marine economy.


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