FROM URBAN-INDUSTRIAL ECONOMY TO METROPOLITAN-FINANCIAL ECONOMY

Metropolitan Innovation in the New Economy

This paper analyzes the high-tech economies of 350-plus metropolitan areas across the U.S. during 2010. Attention is given to 20 different production attributes—including the age and education of the workforce, patent production, business startups, per capita productivity of the workers, and the like. Multivariate analysis is used to reduce these 20 attributes down to 10 orthogonal dimensions; ...

transition from oil-based economy to knowledge based-economy and analyzing the role of science, technology and industrial policies

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Financial Governance under the Internet Economy

The immeasurable potential productivity and high-growth characters contained in Internet Economy attract financial industry to develop internet financial service promptly, which will be mainstream tendency in this century. It has changed the function of traditional financial company and the structure of financial organization. Electronic money has also made the central bank loss the money suppl...

Documenting the birth of a financial economy.

The birth and explosive growth of mobile money in Kenya has provided economists with an opportunity to study the evolution and impact of a new financial system. Mobile money is an innovation that allows individuals to store, send, and receive money on their mobile phone via text message. This system has opened up basic financial services to many who were previously excluded, and has had real an...

3 China ' s emerging industrial economy