List of Tables p. vii
List of Figures p. x
Acknowledgements p. xi
1 Introduction p. 1
2 Theoretical Background and Policy Issues p. 3
Theories of High-technology Development p. 3
Long-wave Theory and the Product Life-cycle Paradigm p. 3
Neoclassical Growth Theory and Industrial Location Theory p. 4
Cumulative Causation Theory and Dynamic Endogenous Growth Models p. 6
Theories of Propulsive, Innovative, and Creative Regions p. 9
Policy Issues: Impacts of High-tech Development on Regional Economic Growth p. 9
High-tech Industry as a Regional Economic Development Tool p. 10
The Role of Government in High-tech Economic Development p. 10
3 Research Questions and Modeling Strategy p. 13
Research Questions p. 13
Conceptual Framework p. 13
Operational Form p. 15
Data Sources p. 24
Models of the Effects of High-tech Development on Regional Employment Growth p. 31
4 Empirical Findings p. 33
Regional High-tech Employment Effects of Dynamic Externalities p. 33
The Effects of Historical Conditions on High-tech Employment Growth: Cross-sectional Analysis p. 33
The Determinants of the Degree of Dynamic Externalities: Cross-sectional Analysis p. 35
The Effects of Historical Conditions on High-tech Employment Growth: Time-series Analysis p. 37
The Determinants of the Degree of Dynamic Externalities: Time-series Analysis p. 40
The Differences in Regional High-tech Employment Effects of Dynamic Externalities by Firm Size p. 42
The Effects of Historical Conditions on High-tech Employment Growth: Cross-sectional Analysis p. 44
The Determinants of the Degree of Dynamic Externalities: Cross-sectional Analysis p. 46
The Effects of Historical Conditions on High-tech Employment Growth: Time-series Analysis p. 48
The Determinants of the Degree of Dynamic Externalities: Time-series Analysis p. 49
The Differences in Regional High-tech Employment Effects of Dynamic Externalities by Organizational Type p. 54
The Effects of Historical Conditions on High-tech Employment Growth: Cross-sectional Analysis p. 55
The Determinants of the Degree of Dynamic Externalities: Cross-sectional Analysis p. 56
The Effects of Historical Conditions on High-tech Employment Growth: Time-series Analysis p. 57
The Determinants of the Degree of Dynamic Externalities: Time-series Analysis p. 61
The Differences in Regional High-tech Employment Effects of Dynamic Externalities by Product p. 64
The Effects of Historical Conditions on High-tech Employment Growth: Cross-sectional Analysis p. 65
The Determinants of the Degree of Dynamic Externalities: Cross-sectional Analysis p. 66
The Effects of Dynamic Externalities on High-tech Employment Growth: Time-series Analysis p. 75
The Determinants of the Degree of Dynamic Externalities: Time-series Analysis p. 80
The Effects of Local Competition on Regional High-tech Employment Growth p. 86
Direct Effects of Local Competition on Regional High-tech Employment Growth p. 86
Indirect Effects of Local Competition on Regional High-tech Employment Growth via Dynamic Externalities p. 88
The Effects of High-tech Employment on Regional Economic Growth p. 88
The Growth Patterns of Texan High-tech Industry p. 90
Impact of Initial High-tech Employment on Regional Growth of Employed Civilian Labor Force p. 92
Differences in the Effects of Initial High-tech Employment on Regional Growth of Employed Civilian Labor Force by Organizational Type p. 95
5 Summary and Policy Implications p. 101
Appendices p. 105
Appendix A The Estimation Model of the Regional High-tech Employment Effects of Dynamic Externalities p. 107
Appendix B The List of Municipalities with High-tech Firms as of 1995 and Relevant Metropolitan Areas and Non-metropolitan Counties p. 108
Appendix C Hausman Specification Test Procedure p. 116
Bibliography p. 117