Riding the wave: explaining cycles in urban mega-project development
Matti Siemiatycki
Journal of Economic Policy Reform, 2013, vol. 16, issue 2, 160-178
Abstract:
This paper examines the complex mix of technological innovation, economics, social networks, ideologies and interest groups that spur the diffusion of certain new mega-project approaches at punctuated moments in time. Situating mega-projects within a context of long-range economic cycles and competitive urban entrepreneurialism on a global scale, cyclical patterns of innovation are identified, where successful early trendsetter mega-projects have stimulated interest groups to promote similar projects in their own cities. The paper concludes that the global diffusion of mega-project innovations are driven by the political and policy lure of achieving major tangible benefits, as well as the potential to convey a powerful set of symbolic messages.
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jecprf:v:16:y:2013:i:2:p:160-178
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DOI: 10.1080/17487870.2013.797904
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