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Leadership and institutional factors in endogenous regional economic development

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  • Stimson, Robert J.
  • Stough, Roger R.
  • Salazar, María

Abstract

This paper proposes that a virtuous circle for the sustainable develop- ment of a city or region is achieved through a process whereby proactive and strong leadership and effective institutions enhance the capacity and capability of a place to better use its resource endowments and gain an improved market fit in becoming competitive and being entrepreneurial.It is proposed that the performance of a city or region at a point in time and the path of its economic development over time may be represented by its position in a Regional Competitiveness Performance Cube.The paper proposes a new model framework whereby a city or region s economic deve- lopment and performance is an outcome dependent on how its resource endowments and market fit as quasi-independent variables are mediated by the interaction bet- ween leadership,institutions,and entrepreneurship as intervening variables.The ex- periences of a number of case study cities from a variety of settings in the US,Eu- rope,Asia and Australia are explored within that framework.

Suggested Citation

  • Stimson, Robert J. & Stough, Roger R. & Salazar, María, 2005. "Leadership and institutional factors in endogenous regional economic development," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 7, pages 23-52.
    • Handle: RePEc:ris:invreg:0161
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    References listed on IDEAS

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    1. Börje Johansson & Charlie Karlsson & Roger R. Stough (ed.), 2001. "Theories of Endogenous Regional Growth," Advances in Spatial Science, Springer, number 978-3-642-59570-7, Fall.
    2. Bob Jessop & Ngai-Ling Sum, 2000. "An Entrepreneurial City in Action: Hong Kong's Emerging Strategies in and for (Inter)Urban Competition," Urban Studies, Urban Studies Journal Limited, vol. 37(12), pages 2287-2313, November.
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    5. Robert J. Stimson & Roger R. Stough & Brian H. Roberts, 2002. "Regional Economic Development," Advances in Spatial Science, Springer, number 978-3-662-04911-2, Fall.
    6. Clyde Brooklyn Derr & Sylvie Roussillon & Frank Bournois, 2002. "Cross-cultural approaches to leadership development," Post-Print hal-02298021, HAL.
    7. Roger Bolton, 1992. "'Place Prosperity vs People Prosperity' Revisited: An Old Issue with a New Angle," Urban Studies, Urban Studies Journal Limited, vol. 29(2), pages 185-203, April.
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    Cited by:

    1. Robert Stimson & Roger Stough, 2011. "An Exploratory Approach to Model Determinants of Endogenous Regional Growth Performance," Chapters, in: Robert Stimson & Roger R. Stough & Peter Nijkamp (ed.), Endogenous Regional Development, chapter 7, Edward Elgar Publishing.
    2. Antonescu, Daniela, 2012. "Theoretical approaches of regional development," MPRA Paper 60524, University Library of Munich, Germany, revised 2013.
    3. Antonescu, Daniela, 2013. "The Regional Development Policy of Romania in the Post-Accession Period," Working Papers of National Institute for Economic Research 131209, Institutul National de Cercetari Economice (INCE).
    4. Robert Stimson & Kingsley Haynes & Patricio A. Aroca, 2023. "Roger Stough: his contribution to regional science," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 70(1), pages 7-13, February.
    5. Sofia Wixe & Pia Nilsson & Lucia Naldi & Hans Westlund, 2023. "The role of collaboration and external knowledge for innovation in small food firms," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 70(1), pages 135-155, February.
    6. Gudrun Kochendorfer-Lucius & Boris Pleskovic, 2009. "Berlin Workshop Series 2009 : Spatial Disparities and Development Policy," World Bank Publications - Books, The World Bank Group, number 2650, December.
    7. Elvina Merkaj & Riccardo Lucchetti & Fabio Fiorillo, 2020. "The role of local leaders in regional development funding: Evidence from an elite survey," Journal of Regional Science, Wiley Blackwell, vol. 60(4), pages 712-737, September.
    8. Pietro Pizzuto, 2020. "The role of regional competitiveness in shaping the heterogeneous impact of the Great Recession," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(2), pages 267-290, April.
    9. Roberto Camagni & Roberta Capello, 2013. "Regional Competitiveness and Territorial Capital: A Conceptual Approach and Empirical Evidence from the European Union," Regional Studies, Taylor & Francis Journals, vol. 47(9), pages 1383-1402, October.
    10. Ping Gao & Yajun Liu, 2020. "Endogenous inclusive development of e‐commerce in rural China: A case study," Growth and Change, Wiley Blackwell, vol. 51(4), pages 1611-1630, December.
    11. Roberta Capello, 2007. "A forecasting territorial model of regional growth: the MASST model," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 41(4), pages 753-787, December.
    12. Elvina Merkaj & Riccardo Lucchetti & Fabio Fiorillo, 2017. "Winning Competitive Grants For Regional Development in Albania: The Role of Local Leaders," Working Papers 422, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    13. Robert Stimson & Alistair Robson & Tung-Kai Shyy, 2009. "Modeling regional endogenous growth: an application to the non-metropolitan regions of Australia," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 43(2), pages 379-398, June.
    14. ANTONESCU, Daniela, 2013. "Politica de dezvoltare regionala a României în etapa postaderare," Studii Economice 130516, Institutul National de Cercetari Economice (INCE).
    15. Roberta Capello & Ugo Fratesi, 2009. "Modelling European Regional Scenarios: Aggressive versus Defensive Competitive Strategies," Environment and Planning A, , vol. 41(2), pages 481-504, February.
    16. John Martin, 2011. "A Case Study Approach to Investigating Local Development Initiatives in Rural Small Towns in Victoria," Chapters, in: Robert Stimson & Roger R. Stough & Peter Nijkamp (ed.), Endogenous Regional Development, chapter 13, Edward Elgar Publishing.
    17. Robert J. Stimson & William Mitchell & David Rohde & Paul Shyy, 2011. "Using functional economic regions to model endogenous regional performance in Australia: implications for addressing the spatial autocorrelation problem," Regional Science Policy & Practice, Wiley Blackwell, vol. 3(3), pages 131-144, August.
    18. Antonescu, Daniela, 2013. "The Regional Development Policy of Romania in the Post-Accession Period," Working Papers of National Institute for Economic Research 131209, Institutul National de Cercetari Economice (INCE).
    19. Terry Clower, 2011. "Economic Development Incentives and the Measurement of Local Endogenous Growth: Is There a Need for Modeling Adjustment?," Chapters, in: Robert Stimson & Roger R. Stough & Peter Nijkamp (ed.), Endogenous Regional Development, chapter 14, Edward Elgar Publishing.

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    More about this item

    Keywords

    leadership; institutions; endogenous growth; regional development;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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