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The Knowledge Economy and Urban Economic Growth.
- Source :
- European Planning Studies; Oct2006, Vol. 14 Issue 9, p1209-1234, 26p, 6 Charts, 6 Maps
- Publication Year :
- 2006
-
Abstract
- In this paper we contribute to the longstanding discussion on the role of knowledge to economic growth in a spatial context. We observe that in adopting the European policy strategy towards a competitive knowledge economy, the Netherlands is—as most European countries—mainly oriented towards industrial, technological factors. The policy focus is on R&D specialized regions in their spatial economic strategies. We place the knowledge economy in a broader perspective. Based on the knowledge economy literature, we value complementary indicators: the successful introduction of new products and services to the market (“innovation”) and indicators of skills of employees (“knowledge workers”). Using econometric analysis, we relate the three factors “R&D”, “innovation” and “knowledge workers” to regional economic growth. We conclude that the factors “innovation” and “knowledge workers” are more profoundly related to urban employment and productivity growth than the R&D-factor. Preferably, urban research and policy-makers should therefore take all three knowledge factors into account when determining economic potentials of cities. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09654313
- Volume :
- 14
- Issue :
- 9
- Database :
- Complementary Index
- Journal :
- European Planning Studies
- Publication Type :
- Academic Journal
- Accession number :
- 22897528
- Full Text :
- https://doi.org/10.1080/09654310600933322