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

31 Pages Posted: 7 Dec 2006

See all articles by David S. Bieri

David S. Bieri

Virginia Tech - School of Public and International Affairs (SPIA); Virginia Tech - Department of Economics

Date Written: December 5, 2006

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

JEL Classification: O10, O21, O32

Suggested Citation

Bieri, David S., Picking a Winner? Evidence from the Non-Manufacturing High-Tech Industry in the Blacksburg Msa (December 5, 2006). Available at SSRN: https://ssrn.com/abstract=949670 or http://dx.doi.org/10.2139/ssrn.949670

David S. Bieri (Contact Author)

Virginia Tech - School of Public and International Affairs (SPIA) ( email )

United States

Virginia Tech - Department of Economics ( email )

3021 Pamplin Hall
Blacksburg, VA 24061
United States

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