Picking a Winner? Evidence from the Non-Manufacturing High-Tech Industry in the Blacksburg MSA

David Bieri

MPRA Paper from University Library of Munich, Germany

Abstract: Regional scientists have developed numerous concepts and measures of economic diversity and diversification, primarily motivated by the desire to establish a relationship between diversity and economic performance. Rather than striving for a unified theory with a singular measure, this paper argues that economic developers should employ a multi-dimensional framework that combines the comparative advantages of a range of theoretical approaches. The application of locational, agglomerational and risk-reward measures to the non-manufacturing high-tech industry for the Blacksburg MSA in southwestern Virginia reveals specific policy implications and offers lessons for economic policy design.

Keywords: Economic Development; Industry Concentration; Dispersion; Quantitative Measures (search for similar items in EconPapers)
JEL-codes: O14 (search for similar items in EconPapers)
Date: 2006-12-06, Revised 2006-12-06
New Economics Papers: this item is included in nep-geo and nep-ino
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:1079

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