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 economic climate, this ebook examines the impression of expertise industries and infrastructures on towns and the neighborhood coverage activities required for potent reaction to those demanding situations. jam-packed with clean details and sensible recommendation, "Cities within the know-how economic system" presents an intensive assurance of the expertise financial system with admire to towns and financial improvement, concentrating on the charm of know-how industries and funding in expertise infrastructure. the writer makes use of a triangualtion of ways - nationwide point facts, national survey of neighborhood officers, and case experiences - to check what towns are doing within the expertise economic climate, describe the boundaries to participation within the expertise economic climate, and element entrepreneurial activities of neighborhood governments to traverse those hurdles. the entire examine issues to the necessity for a robust neighborhood function permitting neighborhood coverage motion and actions to form a know-how economic system reaction.

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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. It also highlights cities that are more likely to have advantages in human capital or innovation. The analysis follows with an examination of city characteristics, including technology infrastructure, for cities performing at differential rates in the technology economy.

Consumers are therefore acquiring more goods, but paying relatively more, in total, for services. The economic shift is not limited to the change from a goods- to a services-based economy. The more recent move is toward a knowledgeor information-based economy. In an effort to measure the impact of this, Tannenwald points to the rise in the ratio of intangible assets— patents, databases, software, formulas, and trademarks—to tangible assets (Tannenwald 2004). For all industries, this ratio increased from less than 1 percent to 18 percent between 1977 and 1997.

Technology economy industries are just as likely to need this infrastructure as any other business, if not more so.

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