IDEAS home Printed from https://ideas.repec.org/a/bla/growch/v38y2007i2p224-259.html
   My bibliography  Save this article

Space of Flows, Uneven Regional Development, and the Geography of Financial Services in Ireland

Author

Listed:
  • MARTIN SOKOL

Abstract

ABSTRACT This paper is concerned with the geography of finance in the globalising knowledge‐based economy, characterised by the proliferation of information and communication technology. More specifically, the paper aims to examine the “locational structure” of financial services in such an economy and its implications for uneven regional development in Europe. In doing so, the paper engages with the concept of “space of flows” and several other theoretical approaches concerned with the geography of advanced producer services and finance. It argues that while such approaches provide a useful starting point, they need be developed further in order to inform an understanding of both the nature and the dynamics of the “locational structure” of financial services and its implications for regional economic development. This point is illustrated in the case of Ireland, focusing on “domestic” banking institutions and “international” financial services operating there. The paper concludes that while “space of flows” provides a useful metaphor for approaching the geography of financial services and other knowledge intensive business services, the conceptual and analytical emphasis should shift towards the “flows of value” that ultimately impinge upon the fortunes of cities and regions.

Suggested Citation

  • Martin Sokol, 2007. "Space of Flows, Uneven Regional Development, and the Geography of Financial Services in Ireland," Growth and Change, Wiley Blackwell, vol. 38(2), pages 224-259, June.
    • Handle: RePEc:bla:growch:v:38:y:2007:i:2:p:224-259
    DOI: 10.1111/j.1468-2257.2007.00365.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1468-2257.2007.00365.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1468-2257.2007.00365.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Birgitte Andersen & Jeremy Howells & Richard Hull & Ian Miles & Joanne Roberts (ed.), 2000. "Knowledge and Innovation in the New Service Economy," Books, Edward Elgar Publishing, number 2285.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. DÖRRY Sabine, 2012. "Luxembourg's specialisation as a financial centre within the global value networks of investment funds," LISER Working Paper Series 2012-40, Luxembourg Institute of Socio-Economic Research (LISER).
    2. Enda Murphy & Linda Fox-Rogers & Declan Redmond, 2015. "Location Decision Making of “Creative” Industries: The Media and Computer Game Sectors in Dublin, Ireland," Growth and Change, Wiley Blackwell, vol. 46(1), pages 97-113, March.
    3. Markus Hesse & Michael Rafferty, 2020. "Relational Cities Disrupted: Reflections on the Particular Geographies of COVID‐19 For Small But Global Urbanisation in Dublin, Ireland, and Luxembourg City, Luxembourg," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 111(3), pages 451-464, July.
    4. Jana Maria Kleibert, 2015. "Islands of globalisation: Offshore Services and the Changing Spatial Divisions of Labour," Environment and Planning A, , vol. 47(4), pages 884-902, April.
    5. Langong Hou & Ye Liu & Xiaoqin He, 2023. "Research on the Mechanism of Regional Innovation Network in Western China Based on ERGM: A Case Study of Chengdu-Chongqing Shuangcheng Economic Circle," Sustainability, MDPI, vol. 15(10), pages 1-19, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Matthias Firgo & Peter Mayerhofer, 2015. "Wissens-Spillovers und regionale Entwicklung - welche strukturpolitische Ausrichtung optimiert des Wachstum?," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 144, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    2. Yan Xin & Kah-Hin Chai & Ville Ojanen & Aarnout Brombacher, 2013. "The moderating effects of service solution characteristics on competitive advantage," The Service Industries Journal, Taylor & Francis Journals, vol. 33(15-16), pages 1633-1658, December.
    3. Nayak, Purusottam & Mishra, SK, 2009. "Structural Change in Meghalaya: Theory and Evidence," MPRA Paper 15728, University Library of Munich, Germany.
    4. Evangelista, Rinaldo & Vezzani, Antonio, 2010. "The economic impact of technological and organizational innovations. A firm-level analysis," Research Policy, Elsevier, vol. 39(10), pages 1253-1263, December.
    5. Matthias Firgo & Peter Mayerhofer, 2015. "Wissensintensive Unternehmensdienste, Wissens-Spillovers und regionales Wachstum. Teilprojekt 1: Wissens-Spillovers und regionale Entwicklung – Welche strukturpolitische Ausrichtung optimiert das Wach," WIFO Studies, WIFO, number 58342, Juni.
    6. Ina Drejer & Anker Lund Vinding, 2005. "Location and collaboration: Manufacturing firms' use of knowledge intensive services in product innovation," European Planning Studies, Taylor & Francis Journals, vol. 13(6), pages 879-898, September.
    7. Rinaldo Evangelista & Maria Savona, 2002. "The Impact of Innovation on Employment in Services: Evidence from Italy," International Review of Applied Economics, Taylor & Francis Journals, vol. 16(3), pages 309-318.
    8. Faïz Gallouj & Maria Savona, 2010. "Towards a Theory of Innovation in Services: A State of the Art," Chapters, in: Faïz Gallouj & Faridah Djellal (ed.), The Handbook of Innovation and Services, chapter 1, Edward Elgar Publishing.
    9. Consoli,Davide & Elche,Dioni, 2014. "An analysis of the knowledge base of Scientific Research & Development Business Services," INGENIO (CSIC-UPV) Working Paper Series 201401, INGENIO (CSIC-UPV).
    10. Sundbo, Jon & Orfila-Sintes, Francina & Sorensen, Flemming, 2007. "The innovative behaviour of tourism firms--Comparative studies of Denmark and Spain," Research Policy, Elsevier, vol. 36(1), pages 88-106, February.
    11. James Simmie, 2010. "The Information Economy and its Spatial Evolution in English Cities," Chapters, in: Ron Boschma & Ron Martin (ed.), The Handbook of Evolutionary Economic Geography, chapter 23, Edward Elgar Publishing.
    12. García Muñiz, Ana Salomé & Morillas Raya, Antonio & Ramos Carvajal,Carmen, 2007. "Núcleos productivos en Europa y España. Un estudio a partir de modelos discretos centro-periferia/Productive Nucleuses in European Union and Spain. A study from discrete core-periphery models," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 25, pages 485-510, Abril.
    13. Benoît Desmarchelier & Faïz Gallouj, 2013. "Endogenous growth and environmental policy: are the processes of growth and tertiarization in developed economies reversible?," Journal of Evolutionary Economics, Springer, vol. 23(4), pages 831-860, September.
    14. Gary A. S. Cook & Naresh R. Pandit & Jonathan V. Beaverstock & Peter J. Taylor & Kathy Pain, 2004. "The Clustering of Financial Services in London," ERSA conference papers ersa04p49, European Regional Science Association.
    15. Szalavetz, Andrea, 2008. "A szolgáltatási szektor és a gazdasági fejlődés [The service sector and economic development]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 503-521.
    16. Matthias Firgo & Peter Mayerhofer, 2016. "Wissensintensive Unternehmensdienste, Wissens-Spillovers und regionales Wachstum. Teilprojekt 3: Zur Standortstruktur von wissensintensiven Unternehmensdiensten – Fakten, Bestimmungsgründe, regionalpo," WIFO Studies, WIFO, number 59427, Juni.
    17. Peter Mayerhofer & Matthias Firgo & Stefan Schönfelder, 2015. "Vierter Bericht zur internationalen Wettbewerbsfähigkeit Wiens," WIFO Studies, WIFO, number 60625, Juni.
    18. Birgitte Andersen, 2004. "If 'intellectual property rights' is the answer, what is the question? Revisiting the patent controversies," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 13(5), pages 417-442.
    19. Sara Amoroso & Albert N. Link, 2021. "Intellectual property protection mechanisms and the characteristics of founding teams," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(9), pages 7329-7350, September.
    20. Domicián Máté & András István Kun & Veronika Fenyves, 2016. "The Impacts of Trademarks and Patents on Labour Productivity in the Knowledge-Intensive Business Service Sectors," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 18(41), pages 104-104, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:growch:v:38:y:2007:i:2:p:224-259. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0017-4815 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.