1 Innovation, Knowledge, and Economic Dynamics, Department of Business and Management, The Faculty of Social Sciences, Aalborg University2 Department of Business and Management, The Faculty of Social Sciences, Aalborg University3 The Faculty of Social Sciences, Aalborg University
A Quantitative Analysis of the Danish ICT Sector
The resilience of regional industries to economic shocks has gained a lot of attention in evolutionary economic geography recently. This paper uses a novel quantitative approach to investigate the regional industrial resilience of the Danish information and communication technology (ICT) sector to the shock following the burst of the dot.com bubble. It is shown that regions characterized by small and young ICT service companies were more adaptable and grew more than others, while diversity and urbanization increased the sensitivity to the business cycle after the shock. Different types of resilient regions are found: adaptively resilient, rigidly resilient, entrepreneurially resilient and non-resilient regions.
Regional Studies, 2015, Vol 49, Issue 1, p. 95-112
Main Research Area:
Social Science Research Network Working Paper Series