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A New Role for Government in Regional Development

In: Network Strategies for Regional Growth

Author

Listed:
  • Peter E. Parker
  • Christer Ekelund

Abstract

Significant funds are channelled into regional development initiatives every year. The Swedish Agency for Economic and Regional Growth, NUTEK, estimates that in the first years of the new millennium, approximately SEK 10 billion (more than €1 billion) were annually channelled into regional development projects in Sweden. Structural funds, national and regional governmental agencies, and private enterprises each contribute roughly a third of the total investment (NUTEK 2004). Though there is clearly enormous interest in promoting regional development, well-known and serious managerial challenges remain to be addressed in publicly funded regional development efforts (Gullander et al. 2004); this chapter concerns these challenges. Particular attention is paid to initiatives seeking to promote beneficial business networks and partnerships as a means of facilitating knowledge transfer and development at the regional level.

Suggested Citation

  • Peter E. Parker & Christer Ekelund, 2011. "A New Role for Government in Regional Development," Palgrave Macmillan Books, in: Martin Johanson & Heléne Lundberg (ed.), Network Strategies for Regional Growth, chapter 2, pages 22-39, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-29914-6_2
    DOI: 10.1057/9780230299146_2
    as

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