The Tobit estimation procedure was used to determine the factors which influence the location and size of high technology manufacturers in nonmetro areas in the West. The results indicate that high tech branch plants tend to locate in populous counties adjacent to Metropolitan Statistical Areas...

A public policy response to global competition is the creation of a geographic concentration of innovative activity (regional innovation systems [RIS]) that will enhance metropolitan economic development through knowledge spillovers, product development, and new firm spin-offs. This article...

Certified Capital Companies (CAPCOs) are state-certified venture capital companies funded by insurance companies. As an incentive to invest in CAPCOs, insurance companies receive a $1 credit on premium taxes for each $1 invested (tax credits are spread over a 10-year period). The CAPCOs must...

Traditional methods of industrial organization and production are giving way to smaller, more flexible and specialized operations. This industrial restructuring increases the importance of localization economies relative to internal economies, and thus, the attractiveness of rural locations is...

Endogenous community development receives much attention as an economic development strategy for rural areas. The literature suggests that endogenous development is more likely to occur in "smart communities" -communities characterized by empowered individuals, skilled leadership, innovative...

Survey responses from 110 branch plant start-ups in South Carolina and Georgia were examined to determine ratings and characteristics of counties selected for the plant location. Findings indicate that survey responses and community characteristics were correlated only for easily observed...

Employment growth is a primary economic development goal of most small communities. More jobs generally mean more residents, more spending at local businesses, and more tax revenues for local governments. Thus job growth permits the expansion and improvement of public goods and services, leading...