Artikel

"Sequencing economics" on the ICT industry agglomeration for economic integration

In this paper, we seek to establish "sequencing economics" in an architectural theory on agglomerations that are comprised of various segments, such as infrastructure, institutions and human resources. The sequencing of such segments is based on a causal chain, with the notion of "economies of sequence" regarded as a tool with which to efficiently sequence the segment construction, as defined by Granger causality relationships. The use of "new economic geography" for cases in which such economies of sequence were applied to the information and communication technology (ICT) industry, the paper concludes that as the starting conditions for the sequencing of the segments of the agglomeration, the value of the share of skilled workers exceeds the threshold value at which the symmetric equilibrium shifts to an agglomeration equilibrium. The results of Granger causality testing identified that an increase in research expenses Granger-causes an increase in the number of patents, and an increase in the number of patents Granger-causes an increase in value added. Based on our results, we conclude that when sequencing the segments of an agglomeration in the ICT industry, the development and invitation of researchers is a precondition, and that the procurement of research funds for patent development precedes any increase in patents. Subsequently, the procurement of funds is necessary for the development of products based on the patents.

Sprache
Englisch

Erschienen in
Journal: Economies ; ISSN: 2227-7099 ; Volume: 9 ; Year: 2021 ; Issue: 1 ; Pages: 1-15 ; Basel: MDPI

Klassifikation
Wirtschaft
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Size and Spatial Distributions of Regional Economic Activity
Thema
architecture theory
economies of sequence
funding support
patent development
product development
researcher
sequencing economics
the ICT agglomeration

Ereignis
Geistige Schöpfung
(wer)
Kuchiki, Akifumi
Ereignis
Veröffentlichung
(wer)
MDPI
(wo)
Basel
(wann)
2021

DOI
doi:10.3390/economies9010002
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Kuchiki, Akifumi
  • MDPI

Entstanden

  • 2021

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