ABSTRACT

Classical schoolbook assumptions of “closed economies” have little relevance in today’s analyses on how to govern regional economic development. Small countries – such as Sweden and Belgium – are more open than closed, as are regions in large countries such as the US. This is what the book is about: how to govern, or even create, dynamic “hot spots” in a slippery space. In this final chapter, we intend to summarize and to draw general conclusions from the different approaches and empirical illustrations of the chapters of the book. In short, we identify that the book has contributions in four different – although highly related – areas.