PUBP 8130/CP6232 - Dr. Philip Shapira - Fall Quarter 1996, MW 4:30-6:00 - DM Smith 204

Economic Development Policy and Planning II:
Technology-Based Economic Development

Last Updated: 11/20/96

In fostering dynamic regional and local economies able to offer high living standards, the promotion and stimulation of technological capability, innovation, and skill has become increasingly central. The course examines factors such as knowledge, place, time, capital, institutional relationships, learning, and policy in understanding and promoting technology-based economic development. Policies to promote high technology firms, technology development and transfer, and regional technopoles are examined. To integrate theory and practice, lectures and guest practitioners are combined, together with class discussion and analysis of cases and issues in technology-based economic development planning and policy.

Course Objectives and Description | Course Outline | Prerequisites | Assessment
Required Books | Reserve Books | Reading Assignments| Additional Readings and Electronic Reserves
Class Email Group | Communications| Student Reading Notes| Electronic AssignmentsTeam Projects

Philip Shapira School of Public PolicyGeorgia Institute of Technology | Office: DM Smith 314
Tel: 404-894-7735 | Email:
Foundation course: Economic Development Policy and Planning I (Spring quarter)

Course Objectives and Description

This course is the second in a two-course sequence on economic development planning and policy. The course aims to:

In considering the course theme, we are fortunate to be based at a major technological institution which is involved in a series of interesting and innovative technology-based economic development initiatives. Several of the case studies thus draw on resources and examples from within Georgia Tech.


Foundations of Local Economic Development Planning and Policy (CP 6231/PUBP 8130A) or consent of instructor.

Course Outline

A. Introduction

B. Insights from Theory

C. Policy and Practice in Technology-Based Economic Development

D. Critical Resources and Elements

E. Fostering an Intelligent Region

F. Class Presentations and Review

Requirements and Assessment


Assessment and grading

Assessment and grading will be assigned as follows:



Percent of Grade

Electronic Assignments Individually assigned through the course



Written Assignment October 23, 1996 November 20, 1996


Team Project October 21, 1996 December 4, 1996


Class Participation - - 15%


Required books (available in bookstore):

Students are encouraged to re-read appropriate sections of the following two books, which were required in CP 6231/PUBP 8130A.

Edward J. Blakely, Planning Local Development: Theory and Practice, Newbury Park, CA: Sage Publications, 1989.

Peter K. Eisinger, The Rise of the Entrepreneurial State: State and Local Economic Development Policy in the United States, Madison, WI: University of Wisconsin Press, 1988.

Richard D. Bingham and Robert Mier (eds), Theories of Local Economic Development, Sage Publications, Newbury Park, CA: 1993.

Reserve Books

The following books/supplemental readings are on reserve in the main library (note - some books are on reserve under different course numbers):

Philippe Aydalot and David Keeble (editors), High Technology Industry and Innovative Environments: The European Experience, London, Routledge, 1988.

Michael H. Best, The New Competition: Institutions of Industrial Restructuring, Polity Press/Basil Blackwell, Oxford and New York: 1990.

Richard Bingham, Edward Hill, and Sammis White (eds), Financing Economic Development: An Institutional Response, Sage Publications, Newbury Park, CA: 1990.

Lewis M. Branscomb, Empowering Technology, MIT Press, Cambridge, 1993.

Manuel Castells (ed), High Technology, Space, and Society, Beverly Hills and London, Sage Publications, 1985.

C.M. Coburn. Partnerships: A Compendium of State and Federal Cooperative Technology Programs, Batelle Press, Columbus, 1995 (on reserve in East Wing, 1st Floor, location T21.C63 1995).

Stephen S. Cohen and John Zysman, Manufacturing Matters: The Myth of the PostIndustrial Economy, New York: Basic Books, 1987.

Corporation for Enterprise Development, The Development Report Card for the States, Washington, DC., 1995.

Cheryl A. Farr (ed), Shaping the Local Economy: Current Perspectives on Economic Development, Washington, D.C.: International City Management Association, 1984.

Richard Florida and Martin Kenney, The Breakthrough Illusion: Corporate America's Failure to Move from Mass Innovation to Production, Basic Books, NY, 1990.

Christopher Freeman, editor, Long Waves in the World Economy, London, F. Pinter, 1984.

David Friedman, The Misunderstood Miracle: Industrial Development and Political Change in Japan, Cornell University Press, Ithaca, NY: 1988.

Amy K. Glasmeier, The High-Tech Potential: Economic Development in Rural America, Rutgers, NJ: Center for Urban Policy Research, 1991.

Bennett Harrison, Lean and Mean: The Changing Landscape of Corporate Power in the Age of Flexibility, New York, Basic Books: 1994.

Henry W. Herzog, Jr. and Alan M. Schlottmann (eds), Industry Location and Public Policy, Knoxville: University of Tennessee Press, 1991.

Ulrich Hilpert (editor), Regional Innovation and Decentralization: High Tech Industry and Government Policy, London and New York, Routledge, 1991 (requested).

Jane Jacobs, Cities and the Wealth of Nations, Random House, New York, 1984.

Michael I. Luger and Harvey Goldstein, Technology in the Garden: Research Parks and Regional Economic Development, University of North Carolina Press, Chapel Hill, NC: 1991.

Doreen B. Massey, Paul Quintas, and David Wield, HighTech Fantasies: Science Parks in Society, Science, and Space, London and New York: Routledge, 1992.

John Naisbitt, Megatrends, New York: Warner Books, 1982.

Deborah Markley with Katherine McKee, Business Finance as a Tool for Development, Washington, DC: Aspen Institute, 1992.

Ann Markusen, Profit Cycles, Oligopoly, and Regional Economic Development, Cambridge, MA: MIT Press, 1985.

Barry Moriarty, Industrial Location and Community Development, Chapel Hill, NC: University of North Carolina Press, 1980.

Tessa Morris-Suzuki, The Technological Transformation of Japan, Cambridge, NY: Cambridge University Press, 1994.

Ray Oakey, High Technology Small Firms: Regional Development in Britain and the United States, New York, NY: St. Martin's Press, 1984 (requested).

David Osborne, Laboratories of Democracy, Harvard Business School Press, Boston, MA 1988.

Michael Piore and Charles Sable, The Second Industrial Divide: Possibilities for Prosperity, New York: Basic Books, 1984.

Michael E. Porter, The Competitive Advantage of Nations, New York: Free Press, 1990 (requested).

Robert D. Putnam, Making Democracy Work: Civic Traditions in Modern Italy, Princeton, N.J., Princeton University Press, 1993.

William H. Read and Jan L. Youtie, Telecommunications Strategy for Economic Development, Westport, CT: Praeger, 1996

Robert B. Reich, The Work of Nations, New York: Vintage Books, 1991.

Stuart Rosenfeld, Competitive Manufacturing: New Strategies for Regional Development, Center for Urban Policy Research, Rutgers University, Rutgers, NJ: 1992.

Stuart Rosenfeld, New Technologies and New Skills: Two Year Colleges at the Vanguard of Modernization, Regional Technology Strategies, Chapel Hill, NC, 1995 (requested).

Stuart Rosenfeld, with Philip Shapira & Trent Williams. Smart Firms in Small Towns, Washington, DC: Aspen Institute, 1992.

Annalee Saxenian, Regional Advantage: Culture and Competition in Silicon Valley and Route 128, Cambridge, MA: Harvard University Press, 1994.

Joseph A. Schumpeter, The Theory of Economic Development, (1934), New York: Oxford University Press, 1978.

Werner Sengenberger, Gary Loveman, and Michael J. Piore (ed), The Re-emergence of Small Enterprises: Industrial Restructuring in Industrialised Countries, Geneva: International Institute for Labor Studies, 1990.

Allen J. Scott, Technopolis: HighTechnology Industry and Regional Development in Southern California, Berkeley: University of California Press, 1993.

Philip Shapira, Modernizing Manufacturing: New Policies to Build Industrial Extension Services, Economic Policy Institute, M.E. Sharpe, Armonk, NY: 1990.

Philip Shapira, Ian Masser and David W. Edgington, Planning for Cities and Regions in Japan, Liverpool, Liverpool University Press, 1994.

Michael Storper and Richard Walker, The Capitalist Imperative: Territory, Technology, and Industrial Growth, Basil Blackwell, Oxford and New York: 1989.

Sheridan Tatsuno, The Technopolis Strategy: Japan, High Technology, and the Control of the Twenty-First Century, New York: Simon and Schuster, 1986.

Louis Tornatsky, Mitchell Fleisher, et. al., The Processes of Technological Innovation, 1990.

Jan L. Youtie, Assessing Science and Technology Centers, Economic Development Laboratory, Georgia Tech Research Institute, 1992.

U.S. Congress of the U.S., Office of Technology Assessment, Technology, Innovation, and Regional Economic Development, U.S. Government Printing Office, Washington, DC: 1983.

U.S. Congress of the U.S., Office of Technology Assessment, After the Cold War: Living with Lower Defense Spending. Washington, DC: U.S. G.P.O., Supt. of Docs., 1992.

U.S. Congress, Office of Technology Assessment, Making Things Better: Competing in Manufacturing, OTAITE443, U.S. Government Printing Office, Washington, DC: 1990.

Reading Assignments

A. Introduction to the course

B. Insights from Theory

C. Policy and Practice in Technology-Based Economic Development

1. Policy and the promotion of technology-based economic development

2. High-technology firms and high-technology places

3. State policy and the research-technology-economic development interrelationship

4. Linking advanced technology development with industry

5. Incubating new technology venture firms

6. Technology deployment and industrial modernization

7. Technology deployment and industrial modernization - case study

D. Critical Resources and Elements

1. Training a technologically-capable workforce

2. Telecommunications and local economic development

3. Financing the development of technology enterprises

E. Fostering an Intelligent Region

1. Flexible specialization and building an innovative mileau

2. Japanese approaches to technology-based regional economic development

3. Technopoles: Strategies and experiences in fostering technology-based complexes

Additional Readings and Electronic Reserves

Additional readings will be available through handouts in class and in the Georgia Tech electronic reserve collection. The electronic reserve collection for this course can be accessed at (You will need a Georgia Tech library login and password to access the electronic reserves).


Electronic Office Hours: For fastest response, students are encouraged to communicate by electronic mail, to:

Regular Office Hours: In Room 314, DM Smith Building Mondays and Wednesdays 1.00-2.00; 4.00-4.30. Students are also encouraged to schedule individual appointments at other times, as necessary.

Voice Mail: (404)-894-7735

Guest Lecturers

Course Electronic Mailing Group: An electronic group mailing list (or "listserv") for this course has been established on the Georgia Tech computer system. The listserv will be used for group communications, reading reviews, and selected assignments. Students taking the course should subscribe immediately after the first class.

Subscribe to the list by sending the following message to

e.g. subscribe econ-dev Chris Smith PubP MS

This request must be submitted by the end user in their mail account, not by another user.

Mail a message to the list, by sending email to

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