Abstract and Keywords
Since its inception after World War II, the practice of local and regional economic development has been largely divorced from national economic development policies. This is in part because the former was focused on addressing regional problems in what was assumed to be a healthy national economy. But as the US economy has suffered from serious structural decline, this relationship can no longer be taken as a given. As such, it is time to more effectively link national and local economic development efforts through innovation if both are to be successful. In particular, we need to move the practice of state and local economic development towards positive-sum activities that help local economies and economic growth but also national competitiveness. The force of globalization have had a big impact on manufacturing that has resulted in rethinking both urban and regional planning.
Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.
If you have purchased a print title that contains an access token, please see the token for information about how to register your code.