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Information Linkages in Local Economic Development

Author

Listed:
  • Stephan Weiler
  • Eric Scorsone
  • Madeleine Pullman

Abstract

Profitable private investments may be bypassed in struggling regions due precisely to such regions' isolation, leading to a self‐reinforcing cycle of marginalization. In many cases, development in such regions may be most effectively promoted by providing key information to the private and public sectors, thus addressing potentially significant market failures. In the case study project, the calculation of private and social returns have been particularly crucial in sparking both private investor interest and public support of this business venture. The project's example suggests an updated role for universities in the assistance of productive economic development programs.

Suggested Citation

  • Stephan Weiler & Eric Scorsone & Madeleine Pullman, 2000. "Information Linkages in Local Economic Development," Growth and Change, Wiley Blackwell, vol. 31(3), pages 367-384.
    • Handle: RePEc:bla:growch:v:31:y:2000:i:3:p:367-384
    DOI: 10.1111/0017-4815.00133
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    Cited by:

    1. Geoffrey J. D. Hewings, 2000. "New goals for rural policies," Proceedings – Rural and Agricultural Conferences, Federal Reserve Bank of Kansas City, issue Oct, pages 169-182.
    2. Moderator & Mark Drabenstott, 2000. "New goals for new rural policies : discussion," Proceedings – Rural and Agricultural Conferences, Federal Reserve Bank of Kansas City, issue Oct, pages 183-186.
    3. Weiler, Stephan, 2007. "Building Community Visions of Assets, Competitiveness, & Partnerships: A State’s Role in Rural Economic Development," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 37(1), pages 1-4.
    4. Michael Trouw & Stephan Weiler & Jesse Silverstein, 2020. "Brownfield Development: Uncertainty, Asymmetric Information, and Risk Premia," Sustainability, MDPI, vol. 12(5), pages 1-18, March.
    5. Eric Scorsone & Stephan Weiler, 2004. "New Markets as Informational Asymmetries," Economic Development Quarterly, , vol. 18(3), pages 303-313, August.

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