Understanding Local Economic Development

This book offers insights into the process and the practice of local economic development. Bridging the gap between theory and practice it demonstrates the relevance of theory to inform local strategic planning in the context of widespread disparities in regional economic performance. The book summa...

Full description

Saved in:
Bibliographic Details
Main Authors: Malizia, Emil, Feser, Edward J., Renski, Henry, Drucker, Joshua
Format: Online
Language:English
Published: Taylor & Francis 2025
Subjects:
Online Access:ONIX_20250519T091213_9781000193930_55
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1869524526128168960
author Malizia, Emil
Feser, Edward J.
Renski, Henry
Drucker, Joshua
author_browse Drucker, Joshua
Feser, Edward J.
Malizia, Emil
Renski, Henry
author_facet Malizia, Emil
Feser, Edward J.
Renski, Henry
Drucker, Joshua
author_sort Malizia, Emil
collection Directory of Open Access Books
description This book offers insights into the process and the practice of local economic development. Bridging the gap between theory and practice it demonstrates the relevance of theory to inform local strategic planning in the context of widespread disparities in regional economic performance. The book summarizes the core theories of economic development, applies each of these to professional practice, and provides detailed commentary on them. This updated second edition includes more recent contributions - regional innovation, agglomeration and dynamic theories – and presents the major ideas that inform economic development strategic planning, particularly in the United States and Canada. The text offers theoretical insights that help explain why some regions thrive while others languish and why metropolitan economies often rise and fall over time. Without theory, economic developers can only do what is politically feasible. This text, however, provides them with a logical tool for thinking about development and establishing an independent basis from which to build the local consensus needed for evidence-based action undertaken in the public interest. Offering valuable perspectives on both the process and the practice of local and regional economic development, this book will be useful for both current and future economic developers to think more profoundly and confidently about their local economy. The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.
format Online
id doab-20.500.12854ir-159867
institution Directory of Open Access Books
language eng
publishDate 2025
publishDateRange 2025
publishDateSort 2025
publisher Taylor & Francis
publisherStr Taylor & Francis
record_format ojs
spelling doab-20.500.12854ir-1598672025-05-20T05:02:19Z Understanding Local Economic Development Malizia, Emil Feser, Edward J. Renski, Henry Drucker, Joshua economic development economic growth economic base industrial specialization local economic development local economic development in the US interregional trade in the US workforce development balanced and unbalanced growth in the US balanced and unbalanced economic growth spread and backwash effects economic geography Post-Keynesian economics economic theory neoclassical economics entrepreneurship in the US innovation in the US innovatio economics spatial clusters inter-industry linkages thema EDItEUR::R Earth Sciences, Geography, Environment, Planning::RG Geography::RGC Human geography thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy thema EDItEUR::R Earth Sciences, Geography, Environment, Planning::RG Geography::RGL Regional geography thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVS Regional / urban economics thema EDItEUR::G Reference, Information and Interdisciplinary subjects::GT Interdisciplinary studies::GTP Development studies thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCF Labour / income economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::J Society and Social Sciences::JP Politics and government This book offers insights into the process and the practice of local economic development. Bridging the gap between theory and practice it demonstrates the relevance of theory to inform local strategic planning in the context of widespread disparities in regional economic performance. The book summarizes the core theories of economic development, applies each of these to professional practice, and provides detailed commentary on them. This updated second edition includes more recent contributions - regional innovation, agglomeration and dynamic theories – and presents the major ideas that inform economic development strategic planning, particularly in the United States and Canada. The text offers theoretical insights that help explain why some regions thrive while others languish and why metropolitan economies often rise and fall over time. Without theory, economic developers can only do what is politically feasible. This text, however, provides them with a logical tool for thinking about development and establishing an independent basis from which to build the local consensus needed for evidence-based action undertaken in the public interest. Offering valuable perspectives on both the process and the practice of local and regional economic development, this book will be useful for both current and future economic developers to think more profoundly and confidently about their local economy. The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license. 2025-05-20T05:02:19Z 2025-05-20T05:02:19Z 2025-05-19T07:31:39Z 2020 book ONIX_20250519T091213_9781000193930_55 https://library.oapen.org/handle/20.500.12657/102126 9781000193930 9780367557393 9780367415341 9780367815134 9781000193961 9781000193992 https://directory.doabooks.org/handle/20.500.12854/159867 eng open access image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/102126/1/9781000193930.pdf Taylor & Francis Routledge 10.4324/9780367815134 10.4324/9780367815134 fa69b019-f4ee-4979-8d42-c6b6c476b5f0 0f38fcb2-f8e7-450a-8de5-969a390da9d7 97cc7ff0-1535-4300-ace7-90834c6e6a8c 9781000193930 9780367557393 9780367415341 9780367815134 9781000193961 9781000193992 Routledge 312 Oxford [...] Oregon State University OSU 10.13039/100009612 open access
spellingShingle economic development
economic growth
economic base
industrial specialization
local economic development
local economic development in the US
interregional trade in the US
workforce development
balanced and unbalanced growth in the US
balanced and unbalanced economic growth
spread and backwash effects
economic geography
Post-Keynesian economics
economic theory
neoclassical economics
entrepreneurship in the US
innovation in the US
innovatio economics
spatial clusters
inter-industry linkages
thema EDItEUR::R Earth Sciences, Geography, Environment, Planning::RG Geography::RGC Human geography
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::R Earth Sciences, Geography, Environment, Planning::RG Geography::RGL Regional geography
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVS Regional / urban economics
thema EDItEUR::G Reference, Information and Interdisciplinary subjects::GT Interdisciplinary studies::GTP Development studies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCF Labour / income economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::J Society and Social Sciences::JP Politics and government
Malizia, Emil
Feser, Edward J.
Renski, Henry
Drucker, Joshua
Understanding Local Economic Development
title Understanding Local Economic Development
title_full Understanding Local Economic Development
title_fullStr Understanding Local Economic Development
title_full_unstemmed Understanding Local Economic Development
title_short Understanding Local Economic Development
title_sort understanding local economic development
topic economic development
economic growth
economic base
industrial specialization
local economic development
local economic development in the US
interregional trade in the US
workforce development
balanced and unbalanced growth in the US
balanced and unbalanced economic growth
spread and backwash effects
economic geography
Post-Keynesian economics
economic theory
neoclassical economics
entrepreneurship in the US
innovation in the US
innovatio economics
spatial clusters
inter-industry linkages
thema EDItEUR::R Earth Sciences, Geography, Environment, Planning::RG Geography::RGC Human geography
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::R Earth Sciences, Geography, Environment, Planning::RG Geography::RGL Regional geography
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVS Regional / urban economics
thema EDItEUR::G Reference, Information and Interdisciplinary subjects::GT Interdisciplinary studies::GTP Development studies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCF Labour / income economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::J Society and Social Sciences::JP Politics and government
topic_facet economic development
economic growth
economic base
industrial specialization
local economic development
local economic development in the US
interregional trade in the US
workforce development
balanced and unbalanced growth in the US
balanced and unbalanced economic growth
spread and backwash effects
economic geography
Post-Keynesian economics
economic theory
neoclassical economics
entrepreneurship in the US
innovation in the US
innovatio economics
spatial clusters
inter-industry linkages
thema EDItEUR::R Earth Sciences, Geography, Environment, Planning::RG Geography::RGC Human geography
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::R Earth Sciences, Geography, Environment, Planning::RG Geography::RGL Regional geography
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVS Regional / urban economics
thema EDItEUR::G Reference, Information and Interdisciplinary subjects::GT Interdisciplinary studies::GTP Development studies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCF Labour / income economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::J Society and Social Sciences::JP Politics and government
url ONIX_20250519T091213_9781000193930_55
work_keys_str_mv AT maliziaemil understandinglocaleconomicdevelopment
AT feseredwardj understandinglocaleconomicdevelopment
AT renskihenry understandinglocaleconomicdevelopment
AT druckerjoshua understandinglocaleconomicdevelopment