Posts Tagged ‘Economic Development’

THE ROLE OF SOCIAL CAPITAL IN REGIONAL DEVELOPMENT

Athanasios PAPADASKALOPOULOS

Professor, Panteion University, Athens, Greece ,Regional Development Institute

pdask@panteion.gr

Panagiotis NIKOLOPOULOS

PhD Candidate, Panteion University, Athens, Greece

p.g.nikolopoulos@panteion.gr

Abstract

The role of social capital in the development process is rendered essential by the intervention of local authorities, local initiatives, relations and networking. In this article is attempted the association of the means of social capital, such as the information transfer, relations of trust, networking, and cooperation, with the main instruments of regional policy, which endogenous growth strategy utilises. Instruments, such as industrial districts, technological parks, local productive systems, business clusters, creative cities, etc. are based on the utilisation of local social capital, which is a prerequisite for a viable application of the endogenous growth and local development policies. The aim of this paper is to examine the relation between endogenous growth and social capital in the configuration of a local development strategy.

Keywords: social capital, economic development, regional development, endogenous growth, local development

JEL classification: O10, R10, Z13
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TRENDS AND PROSPECTIVE MODELS FOR THE FORMATION OF INNOVATIVE CLUSTERS IN THE RUSSIAN FEDERATION

Nina I. LARIONOVA

Doctor of Economic Sciences, Professor of the Department of Management and Law, Volga State, University of Technology, Russia, Yoshkar-Ola

nina_larionova@mail.ru

Tatyana V. YALYALIEVA

Candidate of Economic Sciences, Professor of the Department of Management and Law, Volga State, University of Technology, Russia, Yoshkar-Ola

yal05@mail.ru

Dmitry L. NAPOLSKIKH

Candidate of Economic Sciences, Associate Professor of the Department of Management and Law, Volga State University of Technology, Russia, Yoshkar-Ola

NapolskihDL@yandex.ru

Abstract

Paper deals with the dynamics of clusterization of the Russian economic space, reveals the main stages and prospects for the generation of the “fourth wave” of clustering. The purpose of this research is to offer a quantitative approach to identify regional clusters and their further parametrization within the framework of an integrated model of clustering the region’s economic space. Particular attention is given to organizational aspects of the clusters of microelectronics and information technologies in the Russian regions. The paper offers models for the organizational development of clusters based on the values of the Herfindahl-Hirschman Index and the concentration coefficients. The result of the analysis shows: successful cluster initiatives combine a developed innovative core, an essential industrial basis and a significant number of small and medium-sized forms of innovative entrepreneurship. Promising for the development of the high-tech industry in the Russian Federation is the conclusion that it is possible to synthesize organizational forms of economic development of forest industrial clusters and existing territorial production complexes in regions. Modeling of the development processes of innovative clusters made it possible to conclude that the state support of cluster policy remains relevant. The findings of the study are of scientific and practical interest in the framework of the problem of improving sectoral and regional clusterization strategies.

Keywords: industrial clusters, innovative multiclusters, cluster policy, regional economy, economic development

JEL classification: O1, R58
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LESSONS AND EVIDENCE FROM PRODUCTIVITY AND REGIONAL GROWTH IN EUROPE

George M. Korres
Department of Geography, University of the Aegean,
University Hill, Mytilene: 81100

Constantinos Tsamadias
Harokopio University, Athens, Greece.

Abstract:

This paper investigates the relationship between productivity and technological change. The question that we shall address in this paper, is whether the recent slow down in productivity can be explained by the slow-down of innovation activities. This paper measures the effects from productivity and technical change in regional growth for European member states. The paper concludes by summarizing some of the major findings of the discussion and pointing to some directions for future research activities. read more

Keywords: Innovation, technical change, productivity, economic growth.