Clusters and benchmarks on the dynamics of nanoscience and nanotechnology
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Constructing jurisdictional advantage

Book or journal references : Research Policy, vol. 34, pp. 1235-1249 (2005).

Author(s) : Feldman , M. and Martin , R.

Abstract :

This paper aims to advance economic development theory through the concept of jurisdictional advantage; demonstrating how places might strategically position themselves to gain economic advantage; then considering how this place-specific advantage might be constructed. We choose the term jurisdiction to define the set of actors that have a common interest in a spatially bound community. Jurisdictions are entities with a legitimate political ability to influence social and economic outcomes within their boundaries. Borrowing from the literature on corporate strategy, the uniqueness of local capabilities becomes a source of advantage for jurisdictions. We consider how to measure and construct jurisdictional advantage. (c) 2005 Elsevier B.V. All rights reserved.

Keywords :

innovation; economic geography; economic development policy NEW-YORK-CITY; SILICON VALLEY; INNOVATION; FIRM; BIOTECHNOLOGY; NETWORKS; CLUSTERS

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