Leadership and institutional factors in endogenous regional economic development
This paper proposes that a virtuous circle for the sustainable development of a city or region is achieved through a process whereby proactive and strong leadership and effective institutions enhance the capacity and capability of a place to better use its resource endowments and gain an improved ma...
| Authors: | , , |
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| Format: | article |
| Publication Date: | 2005 |
| Country: | España |
| Institution: | Universidad de Alcalá (UAH) |
| Repository: | e_Buah Biblioteca Digital Universidad de Alcalá |
| Language: | English |
| OAI Identifier: | oai:ebuah.uah.es:10017/32081 |
| Online Access: | http://hdl.handle.net/10017/32081 |
| Access Level: | Open access |
| Keyword: | Leadership Institutions Endogenous growth Regional development Liderazgo Instituciones Crecimiento endógeno Desarrollo regional 01 018 RI RII Economía Geografía Economics Geography Sociology Sociología |
| Summary: | This paper proposes that a virtuous circle for the sustainable development of a city or region is achieved through a process whereby proactive and strong leadership and effective institutions enhance the capacity and capability of a place to better use its resource endowments and gain an improved market fit in becoming competitive and being entrepreneurial. It is proposed that the performance of a city or region at a point in time and the path of its economic development over time may be represented by its position in a Regional Competitiveness Performance Cube. The paper proposes a new model framework whereby a city or region’s economic development and performance is an outcome dependent on how its resource endowments and market fit as quasi-independent variables are mediated by the interaction between leadership, institutions, and entrepreneurship as intervening variables. The experiences of a number of case study cities from a variety of settings in the US, Europe, Asia and Australia are explored within that framework. |
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