This article reports on an in-depth evaluation of European Union (EU) Objective 2 Structural Funding in Industrial South Wales (ISW). The central aim of the evaluation was to assess the main results obtained during the programming period 1989-93, as part of an analytical review of the main...

The academic discussion of business co-operation and networks is often undertaken in fairly abstract terms. The objective of this paper is to add some realism through “on-the-ground” examples of inter-firm networks in which Training and Enterprise Councils (TECS) have acted in a facilitating...

The objective of this paper is to review, from a TEC perspective, the effect of changing Conservative Government policies in the 1990s, such as the introduction of Business Links, on local economic development strategies. The paper focuses on the effects of the Government's attempt to vest in...

This paper examines the processes and causes of inter-firm network success and failure, defined in terms of the ability of networks to become a sustained and valued form of business activity for their members. The paper examines four different case study network initiatives: (1) a failed...

This paper is a study of the skills economy of the rural region of Mid Wales, and the subsequent policy responses that could be activated to stimulate job creation and upgrading through skills development and training. A skills economy approach incorporates the means by which the expectations of...

The author examines the role of workforce development - in the form of skills upgrading and training - in integrating and embedding foreign direct investment (FDI) in the economy of Wales. He finds that by far the most important deciding factor in choosing Wales as an investment location is the...

The global nature of foreign direct investment (FDI) is changing in terms of both location and sectors of activity. This paper analyses recent flows of R&D FDI across the globe. It is found that North America has been the source of one-half of all R&D FDI between 2002 and 2005. Asia Pacific,...

This paper discusses two economic functions of the University of Wales Cardiff (Cardiff University) in relation to local and regional economic development. The first concerns its direct and indirect impact as an economic force in its own rights in the locality and the wider city-region of South...

Culture matters for regional economic development and is one source of cognitive lock-in that influences path creation and dependency. However, little is known about the sources of regional variation in culture. This study explores the long-term imprinting effect of the Industrial Revolution on...