How Long to Read Linkage Lock-in and Regional Economic Development

How Long Does it Take to Read Linkage Lock-in and Regional Economic Development?

It takes the average reader and 27 minutes to read Linkage Lock-in and Regional Economic Development by Henrik Sornn-Friese

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper investigates barriers to the process of regional economic development from a linkage perspective. It develops the concepts of linkage lock-in and switching costs as fundamental factors explaining some of the social dynamics of the process. The overall claim of the paper is that different types of costs and their determinants may lock firms in to existing linkages, creating a probable barrier to successful regional economic development. The paper defines linkage lock-in as the difficulty in switching to alternative linkage partners, even if this is desirable. Switching costs are the costs involved in terminating and forming linkages. The extent of transaction costs, dynamic transaction costs and opportunity costs delineate switching costs in interfirm linkages. The paper further elaborates on the concept of opportunity costs; it states that in dynamically competitive environments a class of opportunity costs, namely learning opportunity costs might arise as a result of the relative importance of learning and innovation. Learning opportunity costs are defined as the costs of missing key possibilities to learn in dynamically competitive environments. They are furthermore seen as being constituted by cognitive costs, which in turn are influenced by the existence of information costs. The theoretical argument is illustrated by a case study of the medical part of the Øresund medi-tech plastic industry. Key words: Regional economic development; interfirm linkages and switching costs; lock-in and learning; cross-border business; medi-tech plastic industry. JEL classifications: D83, L14, L22, L68, R58

How long is Linkage Lock-in and Regional Economic Development?

Linkage Lock-in and Regional Economic Development by Henrik Sornn-Friese is 27 pages long, and a total of 6,939 words.

This makes it 9% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read Linkage Lock-in and Regional Economic Development Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read Linkage Lock-in and Regional Economic Development aloud.

What Reading Level is Linkage Lock-in and Regional Economic Development?

Linkage Lock-in and Regional Economic Development is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Linkage Lock-in and Regional Economic Development?

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