{"title":"Entrepreneurial Ecosystems and Economic Development Policy","authors":"Haifeng Qian, Z. Acs","doi":"10.1177/08912424221142853","DOIUrl":"https://doi.org/10.1177/08912424221142853","url":null,"abstract":"The authors discuss economic development policy facing the burgeoning entrepreneurial ecosystem research. They aim to answer four questions. First, how are entrepreneurial ecosystems different from regional innovation systems and clusters, two related frameworks that had been vastly popular among economic development policy makers prior to the rise of entrepreneurial ecosystems? Second, what are the key findings in the entrepreneurial ecosystem research that can guide economic development policy making? Third, how should economic development policy be adjusted under the entrepreneurial ecosystem approach? Finally, what does the ongoing debate on the geographical boundaries of entrepreneurial ecosystems mean for economic development policy?","PeriodicalId":47367,"journal":{"name":"Economic Development Quarterly","volume":"37 1","pages":"96 - 102"},"PeriodicalIF":1.5,"publicationDate":"2022-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44394927","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Policy, Empirical Analysis, and Equity: Challenges for Research","authors":"Richard M. McGahey","doi":"10.1177/08912424221141892","DOIUrl":"https://doi.org/10.1177/08912424221141892","url":null,"abstract":"Regional economic development research must engage with empirical questions and policy evaluations and America's underlying anti-urban bias, which shapes American cities and policy. Standard mathematical microeconomic-founded models are a limited guide to analysis and interpretation; empirical work should consider other disciplines in addition to diverse economic perspectives. Underlying structural factors may be difficult to analyze but need attention, including federal and state hostility to cities, fragmented metropolitan forms that maldistribute urban economic output, and structural racism's impact on economies, housing, and labor markets. Doing strong empirical work while de-emphasizing theory building seems the best way to proceed.","PeriodicalId":47367,"journal":{"name":"Economic Development Quarterly","volume":"37 1","pages":"77 - 84"},"PeriodicalIF":1.5,"publicationDate":"2022-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48474475","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Fixing Work, and Moving Beyond It","authors":"Cathy Yang Liu, Marc Doussard, N. Lowe","doi":"10.1177/08912424221141081","DOIUrl":"https://doi.org/10.1177/08912424221141081","url":null,"abstract":"This commentary reviews the challenges facing both U.S. workers and the central place of work in economic development. As the Great Resignation demonstrates, work is not working well for large portions of the population. The authors review the diversification of workers and the diversification of work arrangements in recent decades, noting the immense challenges the system faces. They then shift focus to solutions, beginning with workplace development, or interventions to improve employment and productivity within the workplace. Finally, the authors consider universal public services and other investments that improve economic outcomes by addressing employees’ needs beyond work.","PeriodicalId":47367,"journal":{"name":"Economic Development Quarterly","volume":"37 1","pages":"64 - 72"},"PeriodicalIF":1.5,"publicationDate":"2022-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47377086","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Can we “Claim” the Workforce? A Labor-Focused Agenda for Economic Development in the Face of an Uncertain Future","authors":"K. Chapple, L. Schmahmann","doi":"10.1177/08912424221139483","DOIUrl":"https://doi.org/10.1177/08912424221139483","url":null,"abstract":"The COVID-19 pandemic accelerated three trends that were already transforming economic development theory and practice. A backlash to economic restructuring and inequality, driven by globalization and technology, is now manifesting in reshoring and union movements. The resurgence of small and midsized cities, originally driven by increasing housing costs in coastal cities, has been reinforced by a rise in remote work. The uncertainty of today's complex economy is exacerbating long-term challenges of tracking economic change, making “shoot anything that flies” more important than ever. These trends highlight the need to focus economic development on building and supporting the workforce.","PeriodicalId":47367,"journal":{"name":"Economic Development Quarterly","volume":"37 1","pages":"14 - 19"},"PeriodicalIF":1.5,"publicationDate":"2022-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45885821","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How are Economic Development Districts Riding the Waves of Economic Development Strategies?","authors":"Li Fang","doi":"10.1177/08912424221126918","DOIUrl":"https://doi.org/10.1177/08912424221126918","url":null,"abstract":"Previous studies have examined the local adoption of various development strategies primarily by surveying economic development practitioners, although the survey method suffers from subjectivity and recollection errors. To overcome these problems, I adopt a text mining method to canvass the comprehensive economic development strategies (CEDSs) across economic development districts (EDDs) in the United States. Twenty-eight main development strategies are identified, most of which belong to the “second wave,” while the “fourth-wave” strategies—oriented toward social equity and sustainability—are popular enough to justify separation from the “third wave.” Moreover, EDDs combine various waves of strategies to form their strategy portfolios. Two main types of portfolios have been identified—one is dominated by the second-wave strategies, while the other is more balanced across four waves and places a focus on both second- and fourth-wave strategies.","PeriodicalId":47367,"journal":{"name":"Economic Development Quarterly","volume":"36 1","pages":"371 - 384"},"PeriodicalIF":1.5,"publicationDate":"2022-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43309625","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Seize the Time: Needed Research on Local Economic Development in an Era of Increased Attention to Problems of Place","authors":"T. Bartik","doi":"10.1177/08912424221140027","DOIUrl":"https://doi.org/10.1177/08912424221140027","url":null,"abstract":"Within the policy area of local economic development, this paper identifies five research needs: 1) better definitions of local labor markets; 2) policy know-how on how local economic development’s benefits can be spread to distressed neighborhoods; 3) evidence on what types of jobs have both good growth prospects and also provide long-run job opportunities for U.S. workers who lack a bachelor‘s degree; 4) estimates of how local worker skill-upgrading programs, or worker attraction programs, affect local labor market outcomes; and 5) more rigorous evaluation of both customized business services provided to individual firms and more comprehensive regional economic development strategies.","PeriodicalId":47367,"journal":{"name":"Economic Development Quarterly","volume":"37 1","pages":"7 - 13"},"PeriodicalIF":1.5,"publicationDate":"2022-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44805779","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Place-Based Small Business Support and its Implications for Neighborhood Revitalization","authors":"Iuliia Shybalkina","doi":"10.1177/08912424221123501","DOIUrl":"https://doi.org/10.1177/08912424221123501","url":null,"abstract":"Policy makers utilize various place-based interventions to reduce spatial inequality. In particular, there has been increasing attention to supporting small businesses in distressed places, but the lack of evidence makes it difficult to justify these public investments. The author investigates the Neighborhood Opportunity Fund (NOF), which has been providing grants for physical improvements to businesses in a low-income part of Chicago since 2017. Event studies are used to quantify the program's impacts on new business licenses, jobs, building permits, the commercial real estate market, and crime. The NOF increased construction and remodeling activity and decreased narcotics crimes around establishments receiving grants. Under some circumstances, it led to new business formation and increased demand for real estate. However, no evidence was found of a relationship between the NOF and jobs or total crimes in the larger area. This study is the first step to understanding how place-based small-business support programs affect neighborhoods.","PeriodicalId":47367,"journal":{"name":"Economic Development Quarterly","volume":"36 1","pages":"355 - 370"},"PeriodicalIF":1.5,"publicationDate":"2022-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41710368","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Innovation Districts and Community Building: An Effective Strategy for Community Economic Development?","authors":"C. M. Kayanan, J. Drucker, H. Renski","doi":"10.1177/08912424221120016","DOIUrl":"https://doi.org/10.1177/08912424221120016","url":null,"abstract":"Innovation districts are being advocated for their potential to create or revitalize communities, produce neighborhoods with housing near work, and benefit surrounding communities by creating jobs for a wide range of skill sets. However, these aspirations are often mismatched with the application of innovation districts. Analyzing four innovation districts (Boston, Detroit, St. Louis, and San Diego), we demonstrate how the direction of innovation district development determines whether community goals are realized. Promoting innovation involves prioritizing high-skilled workers. When real estate development takes center stage, market demands become the focus. The construction of high-end housing, entertainment, and retail amenities may leave affordable housing options for lower-skilled workers as secondary considerations. Surging real estate prices within and around an innovation district can eventually push out long-standing residents, further negating the innovation district as a space for a diversity of people, ages, resources, and amenities.","PeriodicalId":47367,"journal":{"name":"Economic Development Quarterly","volume":"36 1","pages":"343 - 354"},"PeriodicalIF":1.5,"publicationDate":"2022-08-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46427965","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Introduction to the Special Issue on Rural Economic Development: New Research Insights and how the COVID-19 Pandemic may Impact Future Investment Strategies.","authors":"Martin Lavelle","doi":"10.1177/08912424221108375","DOIUrl":"https://doi.org/10.1177/08912424221108375","url":null,"abstract":"I’ve always had a natural curiosity about small towns and how rural communities function. As a child, my family and I often visited my maternal grandparents’ house in a small town located in a nonmetro county in Southwestern Ohio. As my maternal grandparents and parents dragged me along to seemingly every antique shop on or in the vicinity of the National Road corridor between Southwest Ohio and East Central Indiana, I frequently wondered how these small towns survived. I’m certain others who visit these towns and rural areas share my concern. I figured that the income derived from farming combined with the amount of business conducted by the local Main Street businesses must be enough to support these small towns and the surrounding rural population. Like me, you may have asked the same questions about small towns and rural communities, but with a greater awareness as to the challenges rural geographies face. Every now and then, I’m fortunate to be invited to speak about the economy at one of northern Michigan’s popular tourist towns or resorts. Trips to these towns and resorts require several hours of driving through the state’s vast tracts of rural land. During the trip, I’ll drive by beautiful parks, thriving diners, and the well-maintained lawns in front of vintage-style homes that show the pride residents have in the town in which they live. Unfortunately, I would also see abandoned warehouses, idled manufacturing facilities, foreclosed homes, blighted apartment buildings, and dilapidated tourist attractions from days gone by. When these conditions are present in a major city, for instance Detroit, they draw regional and national attention that catalyzes coordinated campaigns involving multiple philanthropists, foundations, and government officials to revitalize the city and restore the city’s attractiveness. But rural geographies don’t garner national attention or necessarily have access to a deep base of philanthropies, nonprofit organizations, or even government support they can draw upon to try and execute economic development strategies that would jumpstart economic activity in their respective communities. While researchers have produced an incredible amount of literature on how to promote economic development in rural areas, rural stakeholders and community leaders may not be aware of the body of research that is available or bestpromising practices that have been used to improve economic conditions in other rural communities. For example, should a rural community utilize a place-based strategy that looks to improve the quality of life in a location, making it more attractive for people to stay, or a people-based strategy that provides direct assistance to the disaffected population, potentially allowing them to move outside of the challenged area? The desire to assist rural communities in their efforts to increase economic activity and promote development led to a partnership between the W.E. Upjohn Institute for Employment Research","PeriodicalId":47367,"journal":{"name":"Economic Development Quarterly","volume":"36 3","pages":"143-148"},"PeriodicalIF":1.5,"publicationDate":"2022-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9234376/pdf/10.1177_08912424221108375.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10274186","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Can Tax Increment Financing Benefit U.S. Rust Belt Communities?","authors":"Komla D. Dzigbede, Rahul Pathak","doi":"10.1177/08912424221112080","DOIUrl":"https://doi.org/10.1177/08912424221112080","url":null,"abstract":"Place-based economic policies and value-capture instruments are resurging in many American communities looking for alternative ways to fund infrastructure projects and support local economic revival. Using principal component methods, the authors construct an index for identifying distressed neighborhoods to enable the targeting of place-based policies involving tax increment financing (TIF). In addition, the authors use the Monte Carlo method to simulate the impact of a TIF intervention on employment and property values in neighborhoods. The analysis focuses on Broome County in upstate New York, a region that witnessed massive deindustrialization as manufacturing firms moved to other states and overseas. The authors find that a significant fraction of neighborhoods in the study area would qualify for TIF-type policies that would lead to significant improvements in property values and, likely, modest employment effects.","PeriodicalId":47367,"journal":{"name":"Economic Development Quarterly","volume":"36 1","pages":"331 - 342"},"PeriodicalIF":1.5,"publicationDate":"2022-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48435383","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}