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Urbanization and its effects
Urbanization and its effects
Urbanization and its effects
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What does the study of regional science help us understand? What are the three “building blocks” that underlie the complex patterns of location of economic activity? Should jobs move to people or should people move to jobs?
Regional science is a sub field of social sciences that analyzes approaches to urban, rural, or regional problems. It involves the study of spatial patters to analyze the economic factors of a region. The study of regional science is necessary to improve the economy in today's competitive global market. This study helps the government organizations to identify and make efficient use of public resources by implementing best practices to meet the expectations of the general public. The primary goal of regional science is to frame an economic development policy to improve the economic condition of a particular region. Regional science helps the organizations to take necessary steps to develop the quality of a region such as to provide good educational opportunities, improve transportation facilities and build good infrastructure.
The level of economic activity of a region is determined by three building blocks. The first building block is uneven distribution of the topography that helps to explain a location. It is decided by the location’s access to markets for its goods. The second building block is economies of spatial concentration. Availability of raw materials, skilled and cheap labor is the major determinants of the location of an economic activity. Cost of raw materials contributes to the bulk of the total cost. Cheap and skilled labor is also necessary to give the best productivity with the use of latest technology. The third building block is imperfect mobility. Conveyance to the location plays a vita...
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...10), Collaborate. Leading Regional Innovation Clusters.
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Charantimath Poornima (2006), Entrepreneur Development Small Business Enterprise. Darling Kindersley (India) Pvt.Ltd., New Delhi.
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Kilby, Peter (1971), ‘Hunting The Heffalump’, in Kilby Peter [ed.] Entrepreneurship and Economic Development. The Free Press, New York.
Polese, Mario. "Regional Economics." The Canadian Encyclopedia. HISTORICA FOUNDATION, 02 July 2006. Web. 13 Mar. 2014.
Thus, the heartland-hinterland concept distinguishes raw-material and staple-producing hinterlands from the capital service industrial heartland and reveals the metropolis or dominating city of the system. At a national scale, the Canadian metropolis is Toronto, and the region with the most influence is the Great Lakes-St. Lawrence Lowlands. But while immense influence radiates outward from the metropolis located in the heartland, the relationship between hinterland and heartland is one of intimate mutual dependency. In modern Canadian economics, neither region can exist without each other, and the well-being of one directly affects the other. These two regions show remarkable contrasts, yet they are to a large extent interdependent on each other, clearly suggesting that the heartland-hinterland distinction is quite relevant in terms of Canada's economic geography.
Persky, Joseph. "Journal of Regional Science." The New Chicago: A Social and Cultural Analysis (2008): 656-658. online.
In summary, after an analysis of the similarities and differences of the Earth-sun relationships, water balance budgets, climate patterns, vegetation, as well as landform development, it can be concluded that all three of the cities being tested have similarities, but are also vastly different. Conclusive information was found by collecting data through various methods throughout this course in order to distinguish how geography affects different locations throughout the United States of America. Through much research it was found that Sacramento, Austin, and Augusta are all very differently affected by a variety of geographical traits. Overall this was a large learning experience in that it is not commonly realized or thought about how different cities in the US as well as around the world are affected by geographical mechanisms.
Schwarz, Alan. "An Entrepreneur Steps To The Plate." Newsweek 142.13 (2003): E26-E28. Academic Search Complete. Web. 13 Nov. 2013.
Silva, Julie A. and Robin M. Leichenko. Economic Geography. Vol. 80, No. 3 (Jul., 2004), pp. 261-
In an increasingly global world geography matters now more than ever. With so many groundbreaking technological advances within the last 50 years the world is rapidly evolving into a more interconnected and codependent society. These strides of advancement not only allow for international business interactions, but it allows instant communication to make business more cohesive. As a more interconnected society it is important for every person to understand the locations and cultural motivations of the people they interact with. These subject matters are suggested and discussed in “Why Geography Matters…More Than Ever!”
Ehmke, C., Fulton, J., & Lusk, J. (2005). Marketing's 4 P's: First Steps fo rNew Entrepreneurs. Retrieved from Purdue Extension : https://www.extension.purdue.edu/ec/ec-730
To be a successful entrepreneur, there are steps that one must follow when starting a new enterprise. These steps are termed as the process of entrepreneurial which is the systematic method of preparation of an enterprise that consists of four steps. The four steps are fundamental to the success of an entrepreneur venture. The four entrepreneurial processes includes discovering, assessing and opportunity, developing a business plan, establishing resource needs, and managing the resulting enterprise (Barringer & Ireland, 2010). Each individual step is vital for the start of an entrepreneur venture and for an entrepreneur to achieve their entrepreneurial goals. This paper will discuss the four steps of the entrepreneurial process,
Modifications in economic processes are important drivers which can lead to changed patterns of production, for example in form of changed patterns of economic specialisation. Duranton and Puga (2005) argue that with improved organisation in economic processes sectoral specialisation where core-peripheral patterns is displaced by functional specialisation and characterised by different economic specialisation of cities. The development of specialised urban locations leads to an increase of interaction and flows between these different sites. In regions where previous secondary centers can complement, huge core cities polycentric metropolitan regions arise. Prud’homme (1996) provides a convincing explanation for the growth of megacities in the last part of the twentieth century: Megacities’ capacity to maintain a unified labor market is the true long run limit to their size. Market fragmentation due to management or infrastructure failure should therefore result initially in economic decay and eventually in a loss of population1. In this paper, I am considering the spatial structure of a city as the possible cause of labor markets consolidation or fragmentation. It is obvious that the fragmentation of labor markets might have many different other causes, for instance, rigidity of labor laws or racial or sex
"What are the barrier to entry, inhibitors to growth, and detriments to the health of small business and entrepreneurship today?"
Small businesses have been considered the mainstay in countries around the world. In many European countries for example, the small business has been considered crucial to the success and flourishment of the country in general. Most individuals start upon a small business venture in the hopes of realizing ownership, independent profits and personal success. Small businesses can prove extremely successful when planned properly. Studies suggest that several small businesses, however, close or fail within the first few years of operation. This failure suggests that a majority of small business owners may not have as yet realized the crucial success factors necessary for successful implementation of a small business.
Entrepreneurship is an important aspect of social, economic and community life. It can be viewed as a critical factor to economic growth as well as a way of addressing unemployment (Nolan, 2003).Entrepreneurs are people who are persistently focused on identifying opportunities, they seek to create something worthwhile while taking into account foreseeable risk and rewards associated with the efforts (Nolan, 2003). Furthermore, entrepreneurs are frequently understood to be individuals who discover market needs and establish new business to meet those identified opportunities. The following assignment will firstly discuss the types of entrepreneurship, secondly it will discuss the reasons people become entrepreneurs, and thirdly it will discuss the importance of entrepreneurship.
Dollonger, M. J. (2002). A framework for Entreprenership. In M. J. Dollonger, Entrepreneurship strategies and Resources (pp. 5-6). New Jersey.
Majalah Niaga(2013); Super Entrepreneur Tip: Do not Ever Stop Trying- edition 26; available from [magazine] pp 30-32. Retrieved on 7 March 2014