A burgeoning strand of evolutionary economic geography (EEG) research is addressing questions of regional path creation, based on the idea that place-specific legacies and conditions play a critical ...role in supporting the emergence of new economic activities. Yet there has been little effort thus far to take stock of this emerging body of research. In response, the aims of this article are to offer a fresh synthesis of recent work and to develop a broader theoretical framework to inform future research. First, it presents a critical appraisal of the state of the art in path creation research. In an effort to address identified gaps in EEG research, this incorporates insights from sociological perspectives, the global production networks approach, and transition studies. Second, the article's development of a systematic theoretical framework is based on the identification of key dimensions of path creation and their constitutive interrelations. This contribution is underpinned by a geographical political economy (GPE) approach that provides the ontological basis for the integration of the five key dimensions of path creation within an overarching framework and the positioning of regional processes in relation to the broader dynamics of uneven development. Informed by GPE, the argument is that knowledgeable actors, operating within multiscalar institutional environments, create paths through the strategic coupling of regional and extraregional assets to mechanisms of path creation and associated markets. To inform further research, the article outlines four concrete propositions regarding the operation of path creation processes in different types of regions and explores these through case studies of Berlin and Pittsburgh.
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Dostopno za:
BFBNIB, DOBA, IZUM, KILJ, NUK, PILJ, PNG, SAZU, SIK, UILJ, UKNU, UL, UM, UPUK
This paper contributes to the Growth Model (GM) research program in comparative and international political economy by analyzing the impact of Brexit on London and other financial centers within the ...European Union (EU). Our key contribution is to demonstrate that for many countries, national growth models are really city-level growth models, and that this is directly observable in the relationship between GMs and their international financial centers. Such city-level GMs are possible precisely because they do not depend on, nor are they deeply integrated into, the rest of their national economy. To explain these observations, we draw upon insights from economic sociology and argue that 'place-specific social capital' and professional 'linked ecologies' make such internationally oriented city-level GMs highly robust to external shocks - even one as big as Brexit. Empirically, we develop this argument using financial firm-level data to observe the post-Brexit movement of assets, loans, and jobs in London, Dublin, Amsterdam, Paris and Frankfurt. We conclude with some observations on what a city-level GM perspective means for the study of comparative and international political economy.
Contemporary, technoscientific capitalism is characterized by the (re)configuration of a range of “things” (e.g., infrastructure, data, knowledge, bodies) as assets or capitalized property. ...Accumulation strategies have changed as a result of this assetization process. Rather than entrepreneurial strategies based on commodity production, technoscientific capitalism is increasingly underpinned by rentiership or the appropriation of value through ownership and control rights (e.g., intellectual property IP), monopoly conditions, and regulatory or market devices and practices (e.g., investment dispute courts, exclusivity agreements). While rentiership is often presented as a negative phenomenon (e.g., distorting markets, unearned income) in both neoclassical and Marxist political economy literatures—and much in between—in this paper, I conceptualize rentiership as a technoeconomic practice and process framed by insights from science and technology studies (STS). So, rather than a problematic “side effect” of capitalism, the concept of rentiership enables us to understand how different forms of value extraction constitute, and are constituted by, different forms of technoscience. This allows STS to contribute a distinctive analytical approach to ongoing debates in political economy about economic rents and rent-seeking.
Research on car dependence exposes the difficulty of moving away from a car-dominated, high-carbon transport system, but neglects the political-economic factors underpinning car-dependent societies. ...Yet these factors are key constraints to attempts to ‘decouple' human well-being from energy use and climate change emissions. In this critical review paper, we identify some of the main political-economic factors behind car dependence, drawing together research from several fields. Five key constituent elements of what we call the ‘car-dependent transport system’ are identified: i) the automotive industry; ii) the provision of car infrastructure; iii) the political economy of urban sprawl; iv) the provision of public transport; v) cultures of car consumption. Using the ‘systems of provision’ approach within political economy, we locate the part played by each element within the key dynamic processes of the system as a whole. Such processes encompass industrial structure, political-economic relations, the built environment, and cultural feedback loops. We argue that linkages between these processes are crucial to maintaining car dependence and thus create carbon lock-in. In developing our argument we discuss several important characteristics of car-dependent transport systems: the role of integrated socio-technical aspects of provision, the opportunistic use of contradictory economic arguments serving industrial agendas, the creation of an apolitical façade around pro-car decision-making, and the ‘capture’ of the state within the car-dependent transport system. Through uncovering the constituents, processes and characteristics of car-dependent transport systems, we show that moving past the automobile age will require an overt and historically aware political program of research and action.
Connecting comparative political economy (CPE) approaches, as the Varieties of Capitalism (VoC) theory, with post-Keynesian (PK) research on different demand and growth regimes in modern capitalism ...has recently given rise to some interesting claims regarding differentiation and shifts of demand and growth regimes. However, we find some difficulties in the way PK approaches have been interpreted and integrated in modern CPE approaches. Therefore, we first provide a theoretically consistent and empirically applicable classification of demand and growth regimes under the conditions of finance-dominated capitalism, as it recently has been proposed by PK authors. Second, instead of using the traditional VoC dual classification, we focus on a more differentiated welfare model classification, which can be seen as different socio-institutional responses towards the challenges of globalisation and financialisation. For the period before the 2007-9 crisis, we link the PK demand and growth regimes with five socio-economic models identified by Hay and Wincott (
2012
), and thus provide an alternative approach. Third, going beyond the current debate, we examine the regime shifts after the 2007-9 global crisis with respect to the demand and growth regimes, and we also examine the changes within the welfare models. Whereas we find a clear pattern for the shift of demand and growth regimes, the changes in the welfare models are not as clear-cut.
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