Opportunities and Risks of Localised Industrial Policy: the Case of "Maker-entrepreneurial Ecosystems" in the USA
The authors acknowledge the funding support of the Ewing Marion Kauffman Foundation’s Metropolitan Entrepreneurship research program in conducting the maker economy research. The authors also acknowledge support from the Urban Manufacturing Alliance, the sponsor of the six-city State of Urban Manufacturing (SUM) study.
Cambridge Journal of Regions, Economy and Society
Efforts in US cities to support the emergence of the “maker economy” could take urban-level industrial policy in a new direction. Optimistic projections about the potential of the maker economy for urban manufacturing revitalisation, however, downplay an enduring tension in local economic development between efforts to build endogenous capabilities and pressures to facilitate property value growth. Exploring maker industrial policy efforts in New York City and Portland, Oregon, we argue that local government actors often struggle to build network capacity and curb opportunism. District-based models hold promise, but the real estate-driven model of local development poses a persistent challenge.
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Schrock, G., & Wolf-Powers, L. (2019). Opportunities and risks of localised industrial policy: the case of â€œmaker-entrepreneurial ecosystems in the USA. Cambridge Journal of Regions, Economy and Society, 12(3), 369-384.