Cities in the Technology Economy (Cities and Contemporary by Darrene Hackler

By Darrene Hackler

Spotting the pivotal function that neighborhood governments play within the high-tech financial system, this publication examines the impression of expertise industries and infrastructures on towns and the neighborhood coverage activities required for powerful reaction to those demanding situations. choked with clean details and functional suggestion, "Cities within the know-how financial system" presents a radical assurance of the expertise financial system with appreciate to towns and fiscal improvement, concentrating on the allure of know-how industries and funding in know-how infrastructure. the writer makes use of a triangualtion of methods - nationwide point facts, national survey of neighborhood officers, and case reviews - to envision what towns are doing within the know-how economic climate, describe the limitations to participation within the know-how economic system, and element entrepreneurial activities of neighborhood governments to traverse those hurdles. all the learn issues to the necessity for a robust neighborhood position allowing neighborhood coverage motion and actions to form a know-how financial system reaction.

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In defining what the technology economy and its building blocks are, I develop measures of the building blocks and address several challenges to the definitions and data availability in terms of local-level analysis. 22 CITIES IN THE TECHNOLOGY ECONOMY Chapter 3 presents an analysis of technology economy sectors in cities through a comparison of leading and lagging cities in terms of employment in both the technology employer industries and technology generator industries. This comparison, as well as a subsector breakdown of industries in each sector by product and service, reveals that technology economy industries cluster regionally, similar to the regional clusters identified in other technology-related analyses.

In regard to information technology–producing industries, these industries are, by definition, only output based—a narrow set of industries that produce, process, or transmit information in the form of intermediate (goods and services that other industries use as inputs in their production processes) and final (for sale) goods and services. To better under- DEFINING THE TECHNOLOGY ECONOMY 37 stand the technology economy, the definition of technology economy sectors must be tied to the infrastructure and the importance of the sectors to local economic development and growth.

In 1990, analysts viewed telecommunications as the new urban infrastructure of economic growth (Schmandt, Williams, and Strover 1990), but this focus was misguided because it stressed the importance of longdistance calling rates and ignored the largest growth area of business, data, and network requirements. New business requirements and the telecommunications networks that were needed to meet these needs fueled much of the late-1990s growth. However, while often referred to in a generic way, telecommunications networks are diverse and differ in the capacity and speed with which they carry voice, video, and data.

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