Opportunities and risks of localised industrial policy: the case of “maker-entrepreneurial ecosystems” in the USA

Greg Schrock and Laura Wolf-Powers

Cambridge Journal of Regions, Economy and Society, 2019, vol. 12, issue 3, 369-384

Abstract: Efforts in US cities to support the emergence of the “maker economy” could take urban-level industrial policy in a new direction. Optimistic projections about the potential of the maker economy for urban manufacturing revitalisation, however, downplay an enduring tension in local economic development between efforts to build endogenous capabilities and pressures to facilitate property value growth. Exploring maker industrial policy efforts in New York City and Portland, Oregon, we argue that local government actors often struggle to build network capacity and curb opportunism. District-based models hold promise, but the real estate-driven model of local development poses a persistent challenge.

Keywords: industrial policy; maker economy; local economic development; manufacturing (search for similar items in EconPapers)
Date: 2019
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Cambridge Journal of Regions, Economy and Society is currently edited by Judith Clifton, Anna Davies, Betsy Donald, Emil Evenhuis, Stefania Fiorentino (Associate Editor), Harry Garretsen, Meric Gertler, Amy Glasmeier, Mia Gray, Robert Hassink, Dieter Kogler, Michael Kitson, Linda Lobao, Charles van Marrewijk, Ron Martin, Peter Sunley, Peter Tyler and Chun Yang

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