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Local Leaders And Their Responsibility In Shaping The New Economy Of Former Industrial Regions

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  • Sabina IRIMIE
  • Mihai – Ionut DANCIU

Abstract

This paper aims to highlight the importance of local leaders in the functional restructuring of former industrial areas, as the latter are struggling to reset their economic processes. The emergence of the third industrial revolution produces a series of vital changes and the most affected regions are the ones that were once dependent to the production and processing activities specific for the industrial age. This shift is undesired for stakeholders that were once dependent to the state economy, and they are now looking to reset their activities in order to adjust themselves to the market economy. There is a new regional metabolism that is setting, and the greatest responsibility in this process stands on the shoulders of people’s representatives: local administrations (LPA). This metabolism consists of flows of materials and information in the process from production to consumption that has to be reconsidered in the new situation of the global economy and it has to be analyzed using both economic and spatial tools. This is where this paper brings a relevant contribution to research, by combining methods used in management, public administration and territorial planning. The result is an overview of the processes in industrial zones, highlighting the role of local leaders in each situation.

Suggested Citation

  • Sabina IRIMIE & Mihai – Ionut DANCIU, 2016. "Local Leaders And Their Responsibility In Shaping The New Economy Of Former Industrial Regions," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(1), pages 351-365, November.
    • Handle: RePEc:rom:mancon:v:10:y:2016:i:1:p:351-365
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    References listed on IDEAS

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    1. Christopher Kennedy & John Cuddihy & Joshua Engel‐Yan, 2007. "The Changing Metabolism of Cities," Journal of Industrial Ecology, Yale University, vol. 11(2), pages 43-59, April.
    2. Mari Martiskainen, 2016. "The role of community leadership in the development of grassroots innovations," SPRU Working Paper Series 2016-10, SPRU - Science Policy Research Unit, University of Sussex Business School.
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    Cited by:

    1. Mihai-Ionut DANCIU & Sabin Ioan IRIMIE & Sabina IRIMIE, 2020. "The Responsibility Of Stakeholders For The Regeneration Of Former Mining Communities," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(1), pages 939-948, November.

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