The Rise and Fall of Urban Economies: Lessons from San

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The Rise and Fall of Urban Economies: Lessons from San Francisco and Los Angeles (Innovation and Technology in the World Economy)

Today, the Bay Area is home to the most successful knowledge economy in America, while Los Angeles has fallen progressively further behind its neighbor to the north and a number of other American metropolises. Yet, in 1970, experts would have predicted that L.A. would outpace San Francisco in population, income, economic power, and influence. The usual factors used to explain urban growthâ€•luck, immigration, local economic policies, and the pool of skilled laborâ€•do not account for the contrast between the two cities and their fates. So what does? The Rise and Fall of Urban Economies challenges many of the conventional notions about economic development and sheds new light on its workings. The authors argue that it is essential to understand the interactions of three major componentsâ€•economic specialization, human capital formation, and institutional factorsâ€•to determine how well a regional economy will cope with new opportunities and challenges. Drawing on economics, sociology, political science, and geography, they argue that the economic development of metropolitan regions hinges on previously underexplored capacities for organizational change in firms, networks of people, and networks of leaders. By studying San Francisco and Los Angeles in unprecedented levels of depth, this book extracts lessons for the field of economic development studies and urban regions around the world.
Country USA
Brand Stanford Business Books
Manufacturer Stanford University Press
Binding Paperback
ReleaseDate 2016-08-15
UnitCount 1
EANs 9781503600669

Country	USA
Brand	Stanford Business Books
Manufacturer	Stanford University Press
Binding	Paperback
ReleaseDate	2016-08-15
UnitCount	1
EANs	9781503600669

The Rise and Fall of Urban Economies: Lessons from San Francisco and Los Angeles (Innovation and Technology in the World Economy)

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