Concepedia

Concept

local economic development

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Place-Based Growth Policy

1970 - 1992

The period's scholarship centers on place-based governance, policy instruments, and incentives as the key drivers of local development, with interjurisdictional rivalry shaping investment patterns. Technology-led development and regional specialization reconfigure growth trajectories, while service-location strategies and mobile production redefine local competitiveness. Spatial dynamics reveal urban-rural restructuring and shifting regional hierarchies, as policy environments and fiscal regimes mediate where opportunities emerge.

Governance, competition, and policy instruments organize local development: interjurisdictional rivalry, growth incentives, and zoning/tax strategies shape who attracts investment and how growth is distributed [1], [20], [4], [19], [17].

Technology-led development and regional specialization reconfigure growth trajectories through high-tech targeting, mobile production, and service-location patterns that influence local competitiveness [11], [5], [8], [14].

Spatial dynamics and urban-rural restructuring emphasize geographic shifts in manufacturing and employment, revealing how regional policy and sectoral change redraw regional hierarchies [6], [15], [18], [13].

Incentives, business climate, and fiscal policy mediate location decisions and growth, with tax regimes, expenditures, and incentive schemes shaping industrial attraction across states and localities [7], [2], [20], [19].

Foundational and critical analyses of local development reveal conceptual bases, fallacies, and governance limits, challenging simple growth narratives and stressing the politics of place [17], [9], [10], [12], [13].

Place-Based Regional Development 1990s

1993 - 1999

Knowledge-driven Regional Development

2000 - 2006

Spatially Embedded Local Growth

2007 - 2010

Relational Place-Based LED

2011 - 2017

Spatially Oriented Local Development

2018 - 2024