The entrepreneurial city in the global marketplace

T.R. Lakshmanan and Lata Chatterjee

International Journal of Entrepreneurship and Innovation Management, 2006, vol. 6, issue 3, 155-172

Abstract: Contemporary globalisation differs from earlier versions in context, underlying processes and manifest forms. Activities of global corporations, aimed at economies of scale in knowledge, economies of scope in corporate networks and favourable factor prices, drive a globally organised production system. This is initiating worldwide urban economic competition. Global network corporations use cities and urban regions as organisational structures to maximise returns on capital. This paper highlights the rise and role of the entrepreneurial city with redefined concepts of urban public goods provision. It discusses the emergence of the American entrepreneurial city and the spatial restructuring of urban activities and land use, which increase efficiency but also widen inequality and polarisation.

Keywords: entrepreneurial city; global network corporations; intercity competition; innovative urban institutions; globalisation; organisational structure; land use; entrepreneurship; urban public goods provision; efficiency; inequality; polarisation; spatial restructuring. (search for similar items in EconPapers)
Date: 2006
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