Information Linkages in Local Economic Development

Stephan Weiler, Eric Scorsone and Madeleine Pullman

Growth and Change, 2000, vol. 31, issue 3, 367-384

Abstract: Profitable private investments may be bypassed in struggling regions due precisely to such regions' isolation, leading to a self‐reinforcing cycle of marginalization. In many cases, development in such regions may be most effectively promoted by providing key information to the private and public sectors, thus addressing potentially significant market failures. In the case study project, the calculation of private and social returns have been particularly crucial in sparking both private investor interest and public support of this business venture. The project's example suggests an updated role for universities in the assistance of productive economic development programs.

Date: 2000
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