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

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 nonmanufacturing high-tech industry for the Blacksburg MSA in southwestern Virginia reveals specific policy implications and offers lessons for economic policy design.

The Extent of Agglomeration In Turkish Manfuacturing Industries:1980-2001

“…Its main advantage is the computational simplicity. On the other hand Herfindahl index does not take the areas of the region into account, it assumes they all have same sizes and it is also sensitive to the number of firms in each industry (Bieri, 2006).…”