Emerging Nodes in a Global Economy: A Postscript
2002; Springer Nature (Netherlands); Linguagem: Inglês
10.1007/978-94-017-1408-2_13
ISSN2215-0072
AutoresEike W. Schamp, Daniel Felsenstein, Arie Shachar,
Tópico(s)Business Strategy and Innovation
ResumoRather than adopting a summative or reflective stance, this postscript attempts to take stock of the experiences of Frankfurt and Tel Aviv with a view to looking forward. We attempt to generalize about the conditions under which node economies emerge in order to provide a conceptual infrastructure for understanding similar processes in other locations. Despite the glorification of the global city phenomena, most places will never attain or even aspire to that pinnacle. Notwithstanding massive public investment, global image creating events (Expos, Olympics, World Fairs), flagship regeneration and place-marketing, most locations will never be able to compete with historical accidents, time-honored business practices and human capital skills acquired over long periods. Thus the maximum aspiration for emerging nodes would seem to be selective engagement with the global economy and a passage of entry via particular global networks. Locations are likely to connect with other locations as nodes in a global market place and grounded in specialization: logistics nodes, high tech nodes, international finance nodes, cultural nodes and the like. The multiplicity of routes into the global economy is thus varied and fascinating. We attempt to synthesize the experience of Frankfurt and Tel Aviv in order to highlight this diversity. In addition, we draw out some dominant themes that arise from the different studies presented above. These are given cursory attention here but potentially provide a wide research agenda for understanding the role of nodes in the global economy.
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