A New Role for Government in Regional Development

Peter E. Parker and Christer Ekelund

Chapter 2 in Network Strategies for Regional Growth, 2011, pp 22-39 from Palgrave Macmillan

Abstract: Abstract Significant funds are channelled into regional development initiatives every year. The Swedish Agency for Economic and Regional Growth, NUTEK, estimates that in the first years of the new millennium, approximately SEK 10 billion (more than €1 billion) were annually channelled into regional development projects in Sweden. Structural funds, national and regional governmental agencies, and private enterprises each contribute roughly a third of the total investment (NUTEK 2004). Though there is clearly enormous interest in promoting regional development, well-known and serious managerial challenges remain to be addressed in publicly funded regional development efforts (Gullander et al. 2004); this chapter concerns these challenges. Particular attention is paid to initiatives seeking to promote beneficial business networks and partnerships as a means of facilitating knowledge transfer and development at the regional level.

Keywords: Regional Development; Knowledge Transfer; Development Initiative; Knowledge Development; Managerial Challenge (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29914-6_2

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DOI: 10.1057/9780230299146_2

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