Abstract
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.
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.
| Original language | English |
|---|---|
| Journal | Regional Studies |
| Volume | 49 |
| Issue number | 1 |
| Pages (from-to) | 95-112 |
| ISSN | 0034-3404 |
| DOIs | |
| Publication status | Published - 2 Jan 2015 |