SSCI 165Lgw Lecture Notes - Lecture 32: Local Economic Development, Living Wage, Human Capital
Document Summary
Green jobs: return to focus on economy in the sustainability triangle (3 es, meaningful work at living wage that reduces environmental impacts & Promoting strategic green industries: must be done at overlapping spatial scales. Understanding regional options: firms, sectors classification of the economy, clusters groups of firms in regions w/strongly correlated inputs/outputs, regional innovation systems. Regional innovation systems: regionally situated networks of firms, human capital, public/private associations, and research and educational institutions interacting in the deployment of new and economically useful knowledge. Co-located: synonyms: technopoles; high technology complexes. Spatial (cid:862)spillover(cid:863) in ris (regional innovation systems: how do firms select a location, research to understand the suite of positive externalities (spillover) Development and sustainability of specialized pools of labor. Development of social infrastructure that supports cluster (e. g. worker training, university research and development) Development of flexible contracting networks (timely service and cross- fertilization of innovation) Ris key features: highly path-dependent, sticky to place.
