Lock-in, paradox and regional renewal
Lance R. Newey and
Lars Coenen
Regional Studies, 2022, vol. 56, issue 8, 1333-1346
Abstract:
This paper focuses on the interaction between political and cognitive lock-in in stalling attempts at regional renewal of old industrial regions. It draws on analysis of the city of Anchorage, Alaska. The decline of the oil industry has been followed by a gridlock: a pattern of being stuck and polarized. This gridlock is caused by a particular type of lock-in: an excessive polarization to individual economic gain has at the same time removed incentives to develop capabilities at the collective level. A key implication is that the inability to perceive and work with paradox is a cognitive barrier sustaining political lock-in.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:taf:regstd:v:56:y:2022:i:8:p:1333-1346
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DOI: 10.1080/00343404.2021.1976745
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