Regional Employment Growth, Shocks and Regional Industrial Resilience: A Quantitative Analysis of the Danish ICT Sector
Year: 2013
Type: article
Abstract: Holm J. R. and Østergaard C. R. Regional employment growth, shocks and regional industrial resilience: a quantitative analysis of the Danish ICT sector, Regional Studies. The resilience of regional industries to economic shocks has gained a lot of attention in evolutionary economic geography recently. This paper uses a novel quantitative approach to investigate the regional industrial resilience of the Danish information and communication technology (ICT) sector to the shock following the burst of the dot.com bubble. It is shown that regions characterized by small and young ICT service companies were more adaptable and grew more than others, while diversity and urbanization increased the sensitivity to the business cycle after the shock. Different types of resilient regions are found: adaptively resilient, rigidly resilient, entrepreneurially resilient and non-resilient regions.
Source: Regional Studies
Authors: Jacob R. Holm, Christian R. Østergaard
Institution: Aalborg University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1979222715