ICT, Functional Urban Regions and the New Economic Geography
The rapid developments in information and communication technologies (ICT) and the increased use of ICT motivate the vision of an evolving digital economy. During the last decade this evolving digital economy has been the pre-eminent driver of structural change and economic growth at both the national and the regional level in the developed, industrialised economies. The reason is, of course, that ICT functions as a new generic technology, which impacts society both broadly and deeply. ICT has, in essence, destabilised the near equilibrium conditions of an earlier time and contributed to conditions of greater disequilibrium. Thus, one major implication of ICT is that it has created prime conditions for entrepreneurial discovery and action. This implies that there are strong motives to study various aspects of the digital economy, since ICT continues to penetrate the developed economies also after the burst of the ICT stimulated stock market bubble. In this paper we analyse one aspect of the digital economy, namely its effect of the system of functional urban regions. The motivation for this focus is that ICT offers new tools to organise information and enables major reductions in geographical transaction costs, the full implications of which is not yet well understood.
|Date of creation:||24 Nov 2004|
|Contact details of provider:|| Postal: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden|
Phone: +46 8 790 95 63
Web page: http://www.infra.kth.se/cesis/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:hhs:cesisp:0014. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vardan Hovsepyan)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.