Urban Growth and Innovation: Spatially Bounded Externalities in the Netherlands FROM THE PUBLISHER
Knowledge externalities - i.e. intellectual gains made by exchange of information for which no direct compensation is given to the producer of the knowledge - result in higher economic growth rates across urban areas, as well as higher degrees of innovation intensity in those locations where economic activity is dense. By combining theories and methodologies on localised growth and innovation density from the fields of geography and economics, he puts forward an innovative spatial econometric model which contributes to a clearer understanding of actual processes of growth and innovation and their linkages to industry and spatially determined agglomeration factors. In doing so, the book acknowledges the increasing importance of geographical composition and distance for the transmission of knowledge and skills in a society in which information becomes easier to access.
SYNOPSIS
Oort (urban and regional research, Utrecht U.; Netherlands Institute for Spatial Research, The Hague) examines the relationship of spatial economic externalities (agglomeration economies) to endogenous employment growth and innovation intensity of firms in the Netherlands. His research incorporates spatial scale and composition effects in consistent modeling and conceptualization that are underdeveloped in previous studies. Coverage includes agglomeration in economic and geographical theories; heterogeneity in localized economic growth; spatial distribution patterns acquired through exploratory spatial data analysis; and the application of spatial econometric models to endogenous growth and innovation hypotheses. Annotation ©2004 Book News, Inc., Portland, OR