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The Rise and Fall of Urban Economies

- Lessons from San Francisco and Los Angeles

The Rise and Fall of Urban Economies

- Lessons from San Francisco and Los Angeles
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Today, the Bay Area is home to the most successful knowledge economy in America, while Los Angeles has fallen progressively further behind its neighbor to the north and a number of other American metropolises. Yet, in 1970, experts would have predicted that L.A. would outpace San Francisco in population, income, economic power, and influence. The usual factors used to explain urban growth—luck, immigration, local economic policies, and the pool of skilled labor—do not account for the contrast between the two cities and their fates. So what does?

The Rise and Fall of Urban Economies challenges many of the conventional notions about economic development and sheds new light on its workings. The authors argue that it is essential to understand the interactions of three major components—economic specialization, human capital formation, and institutional factors—to determine how well a regional economy will cope with new opportunities and challenges. Drawing on economics, sociology, political science, and geography, they argue that the economic development of metropolitan regions hinges on previously underexplored capacities for organizational change in firms, networks of people, and networks of leaders. By studying San Francisco and Los Angeles in unprecedented levels of depth, this book extracts lessons for the field of economic development studies and urban regions around the world.

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Today, the Bay Area is home to the most successful knowledge economy in America, while Los Angeles has fallen progressively further behind its neighbor to the north and a number of other American metropolises. Yet, in 1970, experts would have predicted that L.A. would outpace San Francisco in population, income, economic power, and influence. The usual factors used to explain urban growth—luck, immigration, local economic policies, and the pool of skilled labor—do not account for the contrast between the two cities and their fates. So what does?

The Rise and Fall of Urban Economies challenges many of the conventional notions about economic development and sheds new light on its workings. The authors argue that it is essential to understand the interactions of three major components—economic specialization, human capital formation, and institutional factors—to determine how well a regional economy will cope with new opportunities and challenges. Drawing on economics, sociology, political science, and geography, they argue that the economic development of metropolitan regions hinges on previously underexplored capacities for organizational change in firms, networks of people, and networks of leaders. By studying San Francisco and Los Angeles in unprecedented levels of depth, this book extracts lessons for the field of economic development studies and urban regions around the world.

Produktdetaljer
Sprog: Engelsk
Sider: 328
ISBN-13: 9781503600669
Indbinding: Paperback
Udgave:
ISBN-10: 1503600661
Kategori: Urban økonomi
Udg. Dato: 15 aug 2016
Længde: 22mm
Bredde: 228mm
Højde: 152mm
Forlag: Stanford University Press
Oplagsdato: 15 aug 2016
Forfatter(e) Michael Storper, Thomas Kemeny, Taner Osman, Naji Makarem


Kategori Urban økonomi


ISBN-13 9781503600669


Sprog Engelsk


Indbinding Paperback


Sider 328


Udgave


Længde 22mm


Bredde 228mm


Højde 152mm


Udg. Dato 15 aug 2016


Oplagsdato 15 aug 2016


Forlag Stanford University Press

Kategori sammenhænge