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Regional Employment Growth, Shocks and Regional Industrial Resilience: A Quantitative Analysis of the Danish ICT Sector

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  • Jacob R. Holm
  • Christian R. Østergaard

Abstract

Holm J. R. and Østergaard C. R. Regional employment growth, shocks and regional industrial resilience: a quantitative analysis of the Danish ICT sector, Regional Studies . 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.

Suggested Citation

  • Jacob R. Holm & Christian R. Østergaard, 2015. "Regional Employment Growth, Shocks and Regional Industrial Resilience: A Quantitative Analysis of the Danish ICT Sector," Regional Studies, Taylor & Francis Journals, vol. 49(1), pages 95-112, January.
    • Handle: RePEc:taf:regstd:v:49:y:2015:i:1:p:95-112
    DOI: 10.1080/00343404.2013.787159
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    1. Frank Neffke, 2008. "Time-Varying Agglomeration Externalities in UK Counties between 1841 and 1971," Papers in Evolutionary Economic Geography (PEEG) 0818, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Dec 2008.
    2. Romain Duval & Jørgen Elmeskov & Lukas Vogel, 2007. "Structural Policies and Economic Resilience to Shocks," OECD Economics Department Working Papers 567, OECD Publishing.
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